Private College Student Loan

What is this I hear about the Obama administration picking up the tab on government student loans?

I was watching the news and I heard a blip about the Obama administration picking up the tab for students with federal direct student loans and I was wondering if this is true or is this hearsay?

Public Comments

1. It's a bunch of crock! Obama can't afford to do that with the way our economy is right now.
2. Wow...I so hope this is true. GOODBYE LOANS!