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Home  >  Bankruptcy  >  President talks debt with University of Iowa students

President talks debt with University of Iowa students

President Barack Obama continued his tour of colleges and universities today at the University of Iowa where he spoke with a handful of students about his first job after college.

The Commander-in-chief said he made $10,000 at that job, which would amount to approximately $18,000 accounting for inflation. Many of the students are poised to graduate with $30,000 or more in debt. Many students fear being unable to pay back their debts and worry they will be financially overwhelmed for years to come.

The president will speak to a crowd of thousands of people later today. One of the topics he is poised to discuss is federal loan rates.

If you are facing overwhelming financial difficulties, the Cedar Rapids personal bankruptcy lawyers of Hong Law, PLC, can help you get your debts back in order. Contact us at 319-632-1400 to learn more about how we can help.