The White House hopes to take all five loan repayment options and combine them into one plan that would cap the borrowers monthly payments at 12.5% of a lendee's income.
There has been a lot of debate recently on whether or not it pays to go to college. The biggest knock against getting a college education is the possibility of incurring tons of debt. The level of student debt is now $1.2 TRILLION (that's a number that ends in 12 zeroes), and 70% of students graduate owing $28,950. And how...