Close up the pen that President Barack Obama used to sign a Presidential Memorandum on reducing the burden of student loan debt, Monday, June 9, 2014 in East Room of the White House in Washington. The president said the rising costs of college have left America’s middle class feeling trapped. He says no hard-working youngster in America should be priced out of a higher education. Obama signed a presidential memorandum he says could help an additional 5 million borrowers.
