Obama's Proposed Student Loan Debt Remedy Carries a Hidden Trap

http://www.dailyfinance.com/on/obama-student-loan-debt-remedy-interest-rate-trap/

 by Bruce Watson

America's student loan debt problem is nothing new: For years, the media has been offering up a flood of stories about people facing decades of debt repayment and crushing interest rates. But with tuitions still rising and employment options for college grads still stagnating, America's potential "student loan bubble" is making many experts increasingly jittery. President Obama's recent budget proposal includes a new plan to tackle the problem, but some critics worry that it could leave students in even worse shape.

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