Detailed text transcripts for TV channel - FOXNEWS - 20140609:18:01:00
All debt would be forgiven after only ten years. good thing we have someone to help us dig through all this. steve moore, chief economist for the heritage foundation and a fox news contributor. so the first point, let's hone in on that one, this 10% of your income. what does that mean? >> it means that if your student loan repayment exceeds 10% of your annual income, you get essentially a forgiveness on the loan. they will extend it out further. wouldn't it be a wonderful thing if they could get that on our mortgage where you get to keep just delaying payments. but the last points you made, gr...