Obama announces help for student loan borrowers

President Barack Obama speaks at a campaign event at the Pepsi Center in Denver, Tuesday, Oct. 25, 2011. Obama is on a three-day trip to the West Coast. (AP Photo/Susan Walsh)

October 26, 2011 10:55:55 AM PDT
President Barack Obama recalled his struggles with student loan debt as he unveiled a plan Wednesday that could give millions of young people some relief on their payments.