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Economy: College Loan Debt (Part II) #1005669

ABC Evening News for Wednesday, Oct 26, 2011
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(Studio: Diane Sawyer) College Board statistics on the increase in tuition/expenses costs at public and private colleges cited; photos shown.

(Studio: David Muir) The plight of college graduates drowning in debt examined; debt statistics cited; details given of the plan from President Obama for adjusting payments based on income; student photos shown. [OBAMA - cites the loan debt for him and his wife.] [Project on Student Debt president Lauren ASHER†- says private loans are underregulated and risky.] ["National Journal" director Ron BROWNSTEIN†- cites the potential for a lost generation.] Tips for student debt discussed.

Reporter(s):
Sawyer, Diane;
Muir, David
Duration:
00:03:40

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