Student Loan Debt Exceeds One Trillion Dollars

Apr 24, 2012
Originally published on April 24, 2012 3:37 pm

President Obama wants Congress to extend the 2007 College Cost Reduction and Access Act, which would freeze interest rates on subsidized Stafford student loans for one year. Melissa Block speaks with Mark Kantrowitz, a student loan expert and publisher of FinAid.org for a primer on student loans and repayments.