{"id":1332,"date":"2006-09-13T12:56:54","date_gmt":"2006-09-13T16:56:54","guid":{"rendered":"http:\/\/www.virushead.net\/vhrandom\/2006\/09\/13\/support-fair-student-loan-payment\/"},"modified":"2006-09-13T14:16:19","modified_gmt":"2006-09-13T18:16:19","slug":"support-fair-student-loan-payment","status":"publish","type":"post","link":"https:\/\/www.virushead.net\/vhrandom\/2006\/09\/support-fair-student-loan-payment\/","title":{"rendered":"Support Fair Student Loan Payment"},"content":{"rendered":"

The U.S. Department of Education is officially seeking ideas for improving its rules and regulations on student loans. The Project on Student Debt<\/a> has developed a Five-Point Plan for Fair Loan Payments that fits the bill. It will help reduce the burdens of student debt by:<\/p>\n

    \n
  1. Limiting student loan payments to a reasonable percentage of income. <\/li>\n
  2. Recognizing that borrowers with children have less income available for student loan payments. <\/li>\n
  3. Protecting borrowers from high interest charges when they face hardship situations. <\/li>\n
  4. Canceling remaining debts when borrowers have made regular payments for 20 years. <\/li>\n
  5. Simplifying the application process for hardship deferrals and other repayment options. <\/li>\n<\/ol>\n

    This plan has been presented to the Department by an unusual coalition of student, parent, loan industry, and higher education groups. <\/p>\n

    Click here to ask the Department of Education to include the Five-Point Plan for Fair Loan Payments<\/a> in the upcoming \u00e2\u20ac\u0153negotiated rulemaking.\u00e2\u20ac\u009d<\/p>\n","protected":false},"excerpt":{"rendered":"

    The U.S. Department of Education is officially seeking ideas for improving its rules and regulations on student loans. The Project on Student Debt has developed a Five-Point Plan for Fair Loan Payments that fits the bill. It will help reduce the burdens of student debt by: Limiting student loan payments to a reasonable percentage of income. Recognizing that borrowers with children have less income available for student loan payments. Protecting borrowers from high interest charges when they face hardship situations….<\/p>\n

    Read More Read More<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,19,15,6,3],"tags":[2939,2940,2941,2942,1863],"class_list":["post-1332","post","type-post","status-publish","format-standard","hentry","category-academia","category-armchair-activism","category-mommy-stuff","category-personal","category-politics","tag-department-of-education","tag-education-debt","tag-five-point-plan","tag-student-debt","tag-student-loans"],"_links":{"self":[{"href":"https:\/\/www.virushead.net\/vhrandom\/wp-json\/wp\/v2\/posts\/1332","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.virushead.net\/vhrandom\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.virushead.net\/vhrandom\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.virushead.net\/vhrandom\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.virushead.net\/vhrandom\/wp-json\/wp\/v2\/comments?post=1332"}],"version-history":[{"count":0,"href":"https:\/\/www.virushead.net\/vhrandom\/wp-json\/wp\/v2\/posts\/1332\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.virushead.net\/vhrandom\/wp-json\/wp\/v2\/media?parent=1332"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.virushead.net\/vhrandom\/wp-json\/wp\/v2\/categories?post=1332"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.virushead.net\/vhrandom\/wp-json\/wp\/v2\/tags?post=1332"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}