Obama to host first ever Q&A on Tumblr - KAIT-Jonesboro, AR-News, weather, sports

Obama to host first ever Q&A on Tumblr

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President Obama hits social media Tuesday to talk about student loan debt. (Source: POOL/CNN) President Obama hits social media Tuesday to talk about student loan debt. (Source: POOL/CNN)

WASHINGTON, DC (POOL/CNN) - President Obama will address student debt and answer questions on Tumblr Tuesday afternoon.

Nearly half of Tumblr's users are between the ages of 18 and 34.

The Q&A will be moderated by David Karp, Founder and CEO of Tumblr.

On Monday, President Obama said he will sign a new presidential memorandum directing the Secretary of Education to propose regulations that would allow student loan borrowers to cap their loan payments at 10 percent of their income.

According to government data 2014's college graduating class will enter professional life with an average of $33,000 in student loan debt.

Copyright 20143 POOL via CNN. All rights reserved.

 

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