Detailed text transcripts for TV channel - MSNBC - 20140609:13:18:00
Expand on a 2010 law that currently caps loan repayments of 10% of monthly income. extending the relief to what the white house estimates is five million people with older loans. given the long rule-making process, the new program would not take affect until december of 2015. now, the white house estimates 71% of fwrad wat with a bachelors degree carries debt. $29,400. the president also plans to announce support for a more sweeping student loan measure sponsored by massachusetts senator elizabeth warren. joined now by the president's nestic policy advisor cecilia munoz. good to see you. >> go...
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