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good morning, it's wednesday, october 26th. i'm carol costello joining you live from new york. president obama begins his day in denver where he'll spell out his plan to make it easier for student loan borrowers to pay off their enormous debt. he'll explain his plan at the university of colorado-denver campus. the two key points of his proposal, he wants to offer relief sooner by pushing up the start date for an income-based repayment plan passed by congress. it's set to take effect in 2014, but the president wants it to begin in january. the plan reduces to 10% the maximum percent...

first shook. we're live in turkey with the latest. and i'm carol costello. president obama about to unveil a new plan to help young americans go to college without going broke. details on the president's proposal on this "american morning." -- captions by vitac -- www.vitac.com all right. good morning, everybody. it is wednesday, october 26th, and welcome to "american morning" this morning. >> buying car? >> so sorry for carter evans. i'm going to find out what the number one car was. >> we have commercial breaks here. e-mail. paper. any tough questions for me? write them down be...

health care plan. >> what governor romney's former presidential rival called obamany care for its similarities to the governor's law. governor romney has been running away from his critics as fast as he can, saying it should no longer be held up as a model. it's another little known piece of his law that's giving him the biggest headache today, one that says any residents of massachusetts is entitled if they need it, to state subsidized health care, regardless of their immigration status. mitt romney is the one who tore into texas governor rick perry's statewide program to educate yo...

the income tax rate they pay now or 20%. it would keep the hugely mortgage interest and deductions for families earning less than half a million a year and would cut the corporate tax rate from 5% to 20 and temporarily slash it to 5.25 and eliminate taxes on stock dividends and long term capital gains. perry says he aims to unleash american ingeneral unite for a new american century. >> we will set our employers and our people free by slashing the cost of government, cutting taxes for the middle class families, balancing our budget and growing our economy. the future of america is to...