President Obama announced a plan today to forgive 100 percent of all federal student loans in the country In a speech in Scranton, PA the president told an assembled crowd that it was unfair to hold college graduates to promises they made as students and outlined his vision for ending all student loan payments by the end of the year. "Just because someone borrowed a bunch of money doesn't mean they have to pay it back," he explained to a friendly crowd at Scranton University. "This isn't 19th century England. This is America. And in America we've always believed in second chances. Obama Announces Plan to Forgive All Student Loans - The Daily Currant Unfucking believeable. Fuck this cracka ass.