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President to discuss student debt on Tumblr
President Obama will address student debt and answer questions on Tumblr this afternoon.
Nearly half of Tumblr's users are between the ages of 18 and 34.
Yesterday, President Obama said he would get the Secretary of Education to propose regulations allowing student loan borrowers to cap their loan payments at 10 percent of their income.
According to government data this year's college graduating class will enter professional life with an average of 33-thousand in student loan debt.