Loan Repayment: Obama vs. Romney

http://www.barackobama.com/education-calculator

I ran across this page on barackobama.com and found it very interesting. Though I cannot say that it is totally true, I have read quite a bit on the student loan repayment programs under the Obama Administration. I also know several people who are currently utilizing these resources and are having good experiences (well as good as you can owing and paying off debt). I also know that Romney’s future plans (if he is elected) involve cuts in many areas and this would be one…so while I am not sure how extreme the differences would be if we did not continue the Direct Loan system and payback program options ( or begin the new ones scheduled for (2013-2014) I do know that there would be some differences that I am sure would yield some negative consequences on those like myself who are looking forward to using one of the current or new programs, and those who are already utilizing them! Feel free to leave your thoughts on this!

 

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