Earlier today I posted the Quads move into VA Tech article, wondering how I would be able to afford it if I were them.
I came across this calculator from barackobama.com.What do you think of Obama's 'Pay as you earn' program vs Romney's 'shop around' program? Do you still have student loans? Would Obama's program work for you?
Student loan reform: The facts
President Obama vs. Mitt Romney
President Obama’s “Pay As You Earn” program caps monthly federal student loan repayment at 10% of monthly discretionary income, meaning that a responsible student can choose the college they want to attend based on their career goals and not only the price of tuition. Families can know that as long as students make their payments on time, they won’t owe more than they can reasonably afford each month.
Mitt Romney and Paul Ryan would roll back this plan, suggesting students “shop around” if they want to go to college.
See how the President's plan is helping typical students afford college.