How Will President Obama's Student Debt Action Affect Your Bottom Line?

WJCT News | By Karen Feagins

Published June 10, 2014 at 1:41 PM EDT

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.

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Karen Feagins

Karen found her home in public broadcasting after working for several years as a commercial television reporter. She joinedWJCTin 2005 as the host of 89.9 FM’s Morning Edition and has held many different roles at the station in both radio and television. She has written and produced documentaries includingBeluthahatchee: The Legacy of Stetson Kennedy and Jacksonville Beach: Against the Tide and directed the oral history project, Voices of the First Coast.

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