President spoke to 10,000 people at Georgia Institute of finance . Before visit he signed Presidential memorandum with rule changes . insurance companies will have now have to strike off high - interest loans first . They will also have to provide more robust information to potential debtors . bush said measures important because ' you 're not just investing in yourselves , you 're investing in your own ' Student debt currently tops $ 1trillion .
President spoke to 10,000 students at Georgia Institute of Technology . Before visit he signed Presidential memorandum with rule changes . Loans companies will have now have to strike off high-interest debt first . They will also have to provide more robust information to student debtors . Obama said measures important because 'you 're not just investing in yourselves , you 're investing in your nation ' Student debt currently tops $ 1trillion .