Page 6 - Student Loan Programs News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Money. lawmakers could wiped up cutting back on other benefits to take care of the student loan programs. but he's been making it a real centerpiece of his administration for a couple of reasons. one, there is concern that as students get out there with a lot of debt they are not helping spend money on buying things like buying a house. randi? a tragic story in australia's remote south. a man was snatched from his boat on sunday by a 15-foot long crocodile. he was pulled from the boat as his family watched in horror. the man's wife had to drive two frantic hours for help and the outcome was ...

Welcome back. we're anticipating remarks from the president on student loan reform. he's expected to expand on a 2010 law to make more people applicable to cap their student loan programs at 10%. the president is expected to speak immediately after this individual so we're going to go to this live. he should be on momentarily. >> to introduce a true champion for students, parents and graduates nationwide. please join me in welcoming president barack obama. >> thank you, every. everybody have a seat.

Shannon, stand to make billions of dollars off student loans? >> reporter: jon, you know the president made clear as he spoke to college campuses last few years that reforms to student loan programs have been a top priority for his administration. support is of concept by the government taking more direct control of lender this would provide a more cost effective system for students. here is matt chingo of the institute. >> the problem that existed back then was poorly designed. private lenders were making too much money, giving out money given by the government, taking no risk and compensated...

We give them pour in the constitution. and not only in this administration, it is bureaucracy that are entrenched in their model and protecting the bureaucracy than doing their job. >> good to have you on today. thanks. >> new report finding that a department of education stands to make billions of dollars off of student loans amid president obama's repeated requested to make college more affordable. >> over the next decade. department of education could generate 127 billion in profit off student loans. and the president made it clear as he spoke, that reforms to student loan programs are a to...

Haven't been shared and they're very concerned about that the reason they haven't been shared is the lack of upward mobility [ bleep ] i got out of school, out of harvard business school, i had what in those days was quite a lot of student debt. so what did i do? shared an apartment with some other guys in new york. saved up. each month gradually paid down the debt and eventually worked my way out of it. people nowadays seem to feel that they can borrow the money, and as i understand it, some of these student loan programs not only lend them the tuition but lend them entertainment money. when ...