A Better Bargain for the Middle Class: Making College More Affordable

This fact sheet outlines President Obama’s new plan to increase college affordability. Facets of the plan include creating a new ratings system that measures college performance and value; eliminating barriers to competition and innovation, particularly in the use of new technology; and helping student borrowers struggling with their existing debt by capping loan payments at 10 percent of income and directing ED to reach out to students struggling with their loans to make sure they understand their options.