Thank God!! There's a new repayment option that will help the college students in there studies. Having a college degree us very important because of lesser opportunity of jobs if you don have any college degree. With this kind of economy. people are trying anything just to survive everyday. Since having a college degree is a high price, they try student loan or credit card which is by the way not cheap. If every they try any a href="http://personalmoneystore.com/moneyblog/2009/05/15/student-loans-credit-cards/">student loans, they end up, having a bigger debt. So I hope that it will really lessen the burden of college student who wishes to have a good life.