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If you haven’t heard already, President Obama has a new plan to help students manage loan debt.

The guys at Online University illustrated this graphic to reveal some of the key details. The plan includes three strategies which include loan forgiveness, loan consolidation, and improving income-based repayment. However, there are some qualifying rules that you should also be aware of. Check out the graphic to review the full details of the plan:

What do you think? Do you think this new plan will help today’s students? Or make things worse? Sound off in the comments below.

New Student Loan Deal
Created by: Online University

 

 

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