A Life Raft for Student Loan Borrowers
If you’re experiencing financial difficulty, student loan payments can feel like a weight on your chest. Thankfully, there might be help on the way. In response to the squeeze the ailing economy has put on the middle class, President Obama announced initiatives to help alleviate the pain. The Task Force on the Middle Class, appointed by President Obama when he first took office, came up with several recommendations. In addition to proposals to assist families with rising child care costs and help those caring for elderly relatives, is a change that could help borrowers coping with crippling student loan debt.