Comment on an Article on Market Cap & Gown

College Could Get Cheaper -- or Not

During his State of the Union address last week, President Obama announced several proposals that would make paying for college tuition within reach for more students and their families. These include a tax credit of $10,000 for students who attend a four-year undergraduate college or university and a small increase in the Pell?grant. Also, the president proposed changing an existing federal-student-loan repayment plan – the income-based repayment plan -- or IBR -- by lowering the minimum amount borrowers are required to pay each month and shortening the repayment period.