Place a limit on all Student Loan interest rates at 1% over prime as well as reduce the principle balance by 50%.

It is in the best interest of the United States to limit the burdens of student loans debt on the citizenry. Such forgiveness of debt, not in whole but in part, it a gesture made to foreign nations, Wall Street, the banking industry and the auto industry. Student loan debts inhibits individual from pursuing business opportunities and home ownership, both of which are invaluable to a stable society.