Lately, there are news going around saying that Obama has a new plan for student loan forgiveness for 2012, even though it sounds promising one can’t think how many people will be eligible for this new plan. The attempt is definitely a good sign at least for the future but, no one seems to think that it will do much. Having an option like student loan forgiveness is great however, it is a shame to see millions of people in this mess. There are countless college students that thinks about their student loan debts withouth even graduating from college. Many of them have full knowledge that they will be extremely weighted down by this massive student loans even after many years from graduation. At this point the best thing that can be done is trying to find a way to make the best of it or even try to make a plan on your own. Because there is a high chance that you won’t be eligible for the new student loan forgiveness plan.