Student loan forgiveness: 5 ways Obama wants to ease student debt

By , Staff writer

5. Loan paydowns for start-up entrepreneurs

  • close
    President Barack Obama looks at his watch during his speech about managing student debt during an event at the University of Colorado Denver Downtown Campus in Denver, Oct. 26, 2011. "We can't wait," he has recently said as he pushes his jobs bill on a three-day West coast trip.
    View Caption

In response to Obama’s call to promote entrepreneurship, the Young Entrepreneur Council and Gen Y Capital Partners are planning to take student loans off of people’s minds as they start their new businesses.

For some young entrepreneurs who enroll in the government’s income-based repayment plan, Gen Y will make those monthly payments for up to three years. Their goal is to make this and other investments in up to 100 startups over the next five years.

5 of 5
Share this story:

Read Comments

View reader comments | Comment on this story

Loading...

Loading...

Loading...