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Detailed text transcripts for TV channel - MSNBC - 20111026:15:06:00

Heres what we expect to hear. we expect the president to announce the acceleration of a measure that was passed by congress that would essentially. cap student loan payments at 10% of a graduates salary as compared to 15%. hes also going to announce an initiative that would allow graduates to consolidate certain federal loans so they could pay them off at lower interest rates. the white house estimates that alone could impact as many as 5.8 million people. the idea here, thomas, is to free up re...
Student Loan Payments Thomas Roberts Interest Rates White House 5 8 Million President Obama

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