President Obama has taken executive action to address the rising cost of student loan debt.
His plan, announced Monday, expands a 2010 law that caps repayments at 10 percent of the borrower’s monthly income. Democratic U.S. Sen. Elizabeth Warren is working on a bill to allow borrowers to refinance their student loans.
University of North Florida Assistant Director of Student Financial Aid Kristopher Hatcher joined First Coast Connect guest host Karen Feagins to discuss the burden of student loan debt.
You can follow Karen Feagins on Twitter @karenfeagins.