The Wenatchee World

Weather:

Weather

The latest extended forecast from The Weather Channel

Remove this weather forecast

Overnight

Lo63° Mostly Clear

Friday

Hi89° Mostly Sunny

Friday Night

Lo67° Partly Cloudy

Saturday

Hi88° Mostly Sunny

Saturday Night

Lo64° Mostly Clear

Sunday

Hi83° Sunny and Breezy

Sunday Night

Lo58° Mostly Clear and Breezy then Mostly Clear

Independence Day

Hi81° Sunny and Breezy

Monday Night

Lo57° Mostly Clear

Tuesday

Hi80° 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