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New Programs Announced from the U.S. Department of Education


On October 26, 2011, President Obama announced a series of steps that the Administration will take in an effort to make college more affordable and to make it easier for students to repay their federal student loans. The steps are intended to help support students who are overwhelmed by their debt burdens or those may feel discouraged from enrolling in college due to the cost. The launch of the Department of Education's programs is being coordinated with new student loan initiatives by the Consumer Financial Protection Board. The three major initiatives include:

For more information about these new programs, visit: http://www.whitehouse.gov/the-press-office/2011/10/25/fact-sheet-help-americans-manage-student-loan-debt.