Obama lays out plans to ease student loan debt
President Obama addressed an issue about something that is now bigger than credit card debt. President Obama said graduates racked up an average $24,000 in debt in 2010. The President's plan will push forward the start date for Pay As You Earn, which caps college loan repayment amounts based on a person's income. "Over the past three decades, the cost of college has nearly tripled. And that is forcing you, forcing students, to take out more loans and rack up more debt," said the President.
Well, that sounds like a plan to me. I know when I am finished with my education I’ll have plenty of debt. I don’t like it but these days what am I supposed to do. I’ve looked for a job for three years now and I can’t find one, not even at McDonald’s. It’s hard to get a job without an education.
My plan for my education keeps growing. When I first came to college I only wanted an Associate Degree. But then later I changed my mind for a BSN, bachelors in nursing. Today I am tossing up the idea for a Master’s Degree. I’m really considering it because of the way the nursing field is filling up. I feel like there are too many nurses in the loop trying to get a job and I don’t want there too many in the loop when it’s my turn to receive a nursing job. I love college and I’m making great grades, so why not?
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