President Obama will use his State of the Union address to propose limits on the total amount of federal student loan repayments that a recent college graduate could be required to make, The New York Times reported. The address on Wednesday will feature a series of proposals -- smaller in scale than the reform of health care being debated in Congress -- designed to help families. The loan proposal would cap repayments for recent college graduates at 10 percent of income above a basic living allowance, the Times said.
- Obama seeks to boost higher education spending and proposes some loan reforms that have bipartisan appeal
- Federal rule-making panel OKs plan to expand income-based repayment program
- Obama's higher education plan for the end of his term
- A look at all 15 Reimagining Aid Design and Delivery reports from the Gates Foundation
- Occupy protests focusing increasingly on student debt
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