The Wenatchee World

Weather:

Weather

The latest extended forecast from The Weather Channel

Remove this weather forecast

Tonight

Lo61° Partly Cloudy and Breezy then Mostly Clear

Sunday

Hi83° Mostly Sunny

Sunday Night

Lo62° Mostly Clear

Monday

Hi89° Sunny

Monday Night

Lo63° Mostly Clear

Tuesday

Hi84° Mostly Sunny

Tuesday Night

Lo63° Slight Chance Showers

Wednesday

Hi78° Mostly Sunny

Wednesday Night

Lo58° Partly Cloudy

Thursday

Hi76° Mostly Sunny

Obama signs order to cap student loan payments

Send to Kindle
Print This

WASHINGTON — President Barack Obama on Monday signed an executive order that lets millions of college graduates cap their student loan payments at 10 percent of their income, a move he says will help “open the doors of opportunity for all.”

Under Monday’s order, the new cap would be available by December 2015. Administration officials said they won’t know how much it will cost until they have gone through the regulatory process.

View my options or Sign in