[cripplecreek]

Summer recess should be a real treat this year.

[Ray76]

Nothing like interfering with contracts. Just like with GM.

[FlingWingFlyer]

The lawless bass turd. It’s the Chicago way. Just another Chicago thug politician.

[grania]

mygosh....someone who's well connected with an employer (say a family business) could work for that business for the required number of years at minimum salary on paper and then get a balloon payment when the loan expires.

the rich get richer.....

[Jane Long]

“This makes it simpler to have one set of terms,” said Jason Delisle, director of the New America Foundation’s Federal Education Budget Project.

New America Foundation....lefty "think tank" chaired by Google's Eric Schmidt and includes son of Geo Soros and other lefties like Fareed Zakaria on their board.

Tells us all we need to know about this new "policy".

[chris37]

And congress seems perfectly ok with letting this president play dick tater.

[Wyatt's Torch]

So he’s just rewriting debt covenants and obligations so these people can overborrow on homes. Sounds like a great plan.

[madprof98]

That was not right! He should have forgiven all those student loans—and sent Pajama Boy and his parents a big fat check besides!!!

[lostboy61]

It’s good to be King!

[Logical me]

Just bought millions of students who will now be committed communists Democrats. What a break, they say. Whoopee! He is my man.

[Ironfocus]

Why not go to the source and issue an executive order capping outrageous tuition fees, and make that retroactive? I guess he doesn’t want to tick off his loyal communist academia following.

[Vaduz]

Wonder how Obama thinks he’s helping students to obtain a loan for house or a car.......

[stylin19a]

so, if I’m unemployed,10% of $0.00 = $0.00 ?

[minnesota_bound]

Those making payments may think they are getting a deal. They are going to end up paying far more. This is a deal with the bankers for campaign money for the democrat party. The students are being “schooled” in democrat politics.

[Wyatt's Torch]

College Tuition CPI exploding over that of regular CPI thanks to the massive infusion of low rate government loans:

[GraceG]

I really feel like a damned fool now for paying off my student loans early....

I feel ike a legal immigrant who had to jump through all sorts of hoops to get citizenship only to watch a stream of people breaking the law basically getting in for free...

America, where being a Law Abiding and Responsible Citizen is punished.

[1010RD]

The next Congress and POTUS is going to have an epic disaster on their hands sorting all this out.

Democrats create a mess and then fix it by doubling down on said mess.

[Gene Eric]

Midterms, midterms, midterms... It’s all about motivation for the midterms.