Obama seeks debt collector proposal

By DAVID ESPO AP Special Correspondent
October 4, 2011

WASHINGTON (AP) To the dismay of consumer groups and the discomfort of Democrats, President Barack Obama wants Congress to make it easier for private debt collectors to call the cellphones of consumers delinquent on student loans and other billions owed the federal government.

Associated Press:

Wait till the Wall street protesters, protesting having to repay their student loans hear about this one from Obama!