Tag: Pay as you Earn

Capps announces implementation of “Pay as You Earn” program to make student loan repayment easier for young people

WASHINGTON, D.C. –Congresswoman Lois Capps (CA-23) on Dec. 21 announced the implementation of the Obama Administration’s “Pay as You Earn” program. The Administration’s “Pay as You Earn” proposal will reduce monthly loan payments by capping them at 10 percent of…