Tech rep says Obama relief plan has both good and bad

myFOXlubbock.com 'It could be good because it might encourage people to stay out of default,' Blake said. 'If they go into default we are losing all of the loan, but it is a good thing when graduates can at least keep up with their payments.'

Paul Blake, senior associate director for student financial aid at Texas Tech University, said Obama's student loan plan has its positives and negatives.

"It could be good because it might encourage people to stay out of default," Blake said. "If they go into default we are losing
all of the loan, but it is a good thing when graduates can at least keep up with their payments."

 

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