Students are occupying the business school at NYU right now. From what I could see on the protest signs on Facebook, people are crying out for loan forgiveness. So the guys at Online University have made an infographic explaining President Obama’s new plan that could help college students and graduates manage their loan debt. The new plan covers a lot of ground, including loan consolidation, loan forgiveness, and improving the repayment system. There are are also a lot of shortfalls and requirements that you should also be aware of, however.

This plan is not official yet. It’s a response to the petition containing over 600,000 signatures asking the president to forgive student loans. But what do you think? Will it fix our problem? Make it worse?

New Student Loan Deal
Created by: Online University

[via College Cures]