WH Office Hours with Mark Zuckerman 10/28/11

Mark Zuckerman, Deputy Director of Domestic Policy Council, answers your questions on the steps President Obama is taking to help make college more affordable and make it even easier for students to repay their federal student loans.

  1. Hey this is mark, I am ready to answer your questions on making college more affordable. Ask with #whchat
  2. .@WillAndrews88 Hey Will. The new policy by POTUS doesn't cost taxpayers at all, in fact it saves taxpayers up to $2B. #whchat
  3. . @WHLive Won't lowering monthly payment simply extend the term of the loan and cost students more over time? #whchat
  4. .@dgouldin Gives students the option to pay less when they are starting out after college, pay more as they earn more, avoid default #whchat
  5. Mark, I finished my undergrad in 2006 and have been struggling with my student loans. Will this new program help me as well? #whchat
  6. .@JLombard207 You may qualify for help now. See IBR calculator: studentaid.ed.gov/PORTALSWebApp/… Might reduce payment to 15% of your income. #whchat
  7. @WHLive #whchat Are there any student loans available without interest?
  8. .@lilypolaris POTUS increased the maximum Pell grants by $800 since taking office to help families pay for college #whchat
  9. .@JimShue45 @JLombard207 Actually average student will save over $100/ month on their payments & many will save several 100s a month #whchat
  10. How do I change my loan repayment plan? Det.whether I should I consolidate my loans? Effect of new policy on current loans? #whchat
  11. .@tgappel Call 1800-4fedaid and they will be happy to walk you through your options #whchat
  12. .@ka_weaver @lilypolaris Thank you. Good to get feedback on my first twitter! Tell your friends. #WHchat
  13. @WHLive: #whchat Why doesn't this WH go after BIG Education? They've increased tuition over 500% in past 10 years! No accountability.
  14. .@rip120751 college costs are too high. We increased student aid to keep up with costs, but WH wants your suggestions to lower costs #whchat
  15. Thanks all for the great questions, over and out! - Zuck #whchat

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