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Expand on a 2010 law that currently caps loan repayments of 10% of monthly income. extending the relief to what the white house estimates is five million people with older loans. given the long rule-making process, the new program would not take affect until december of 2015. now, the white house estimates 71% of fwrad wat with a bachelors degree carries debt. $29,400. the president also plans to announce support for a more sweeping student loan measure sponsored by massachusetts senator elizabeth warren. joined now by the president s nestic policy advisor cecilia munoz. good to see you. good morning. good morning. hopefully it s still dry there before the spring thunderstorms roll in. let me ask you, if this is something that was necessary to do, why did it take four years? why not why wait until now? well, congress passed a law a you foo years ago that applies this tropical depression to students that are in school now. what the president is doing is making sure that we re ma ....
certainly. so the youth misery index is something that the young americans foundation puts out annually. we come up with this number, which this year is 98.6, by adding up youth unemployment, student loan debt numbers and then we take the national debt per capita. so youth unemployment in august was 16.3. and then the student loan get average was 29,400. so that s 29.4 on our scale, which is the highest it s ever been. and then you take the national debt, everybody sharing that $17 trillion debt that obama has racked up during his presidency. and that number is 52,948. so 52.9 on the scale. so it all comes out to 98.6, which is the highest it s ever been. and under obama, since 2009 until now, what we have seen is an 18.1% increase under his administration for his presidency. therefore, we believe that makes him the worst president for youth economic opportunity. ....
Students debt loans at this point are the highest they ve ever been. in the national debt, it s over $17 trillion. so when you add all of those things up, it just goes to show you that the policies under the obama administration are hurting youth nationwide and yet, miley cyrus is what we re focusing on. so the real wrecking ball at the young america s foundation, we believe to be obviously the policies of the obama administration. are those numbers behind what you call the misery index? that is. so annually we release a report called the youth misery index where we add up youth unemployment, student debt numbers, and the national debt per capita, which is everybody s share of the $17 trillion debt. so in 2013, the youth unemployment rate was 16.3%. the student loan average for anyone going to college and graduating was $29,400, the highest it has ever been. and national debt per capita was ....
Vote whatever people voted in 75% of the precincts. and i said maybe we better make it 100%. florida is now too close to call and we are some what embarrassed to tell you that your call has turned out to be premature. after we put, florida, back in play, we realized that the data that we were getting from vns was not going to support a conclusion. there were a number of different voting methods used in florida and paper ballots, computers, machines and then the infamous push pins and so that required a different rate of return on the ballots that were coming in. the latest all poll tally. that is a lead of just under 30,000, about 29,400 votes, something like that in that 25te with is crucial 25 loral ....
75% of the precincts. and i said maybe we better make it 100%. florida is now too close to call and we are some what embarrassed to tell you that your call has turned out to be premature. after we put, florida, back in play, we realized that the data that we were getting from vns was not going to support a conclusion. there were a number of different voting methods used in florida and paper ballots, computers, machines and then the infamous push pins and so that required a different rate of return on the ballots that were coming in. the latest all poll tally. that is a lead of just under 30,000, about 29,400 votes, something like that in that 25te with is crucial 25 loral ....