Obama unveiled his "student aid bill of rights" before a gymnasium packed with nearly 10,000 students at
"We're trying to tackle this problem from every angle," Obama said. "We want to make this experience more affordable, because you're not just investing in yourselves, you're investing in your nation."
In the Oval Office ahead of his visit to Atlanta, Obama signed a presidential memorandum with policy tweaks that don't require new legislation from
Obama also called for a single website where students can see all their federal loans in one place — a major problem for students with multiple loans or debt that's been sold from lender to lender. He also called for a website where borrowers can file complaints.
The presidential steps aim to crack down on a student loan system known for being complex and confusing to navigate. In recent years, lawsuits and critical government reports have cast a light on industry abuses and the difficulties facing borrowers.