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Obama dangles student-loan
freebie for midterm 2014 voters

Daily Caller, by Neil Munro

Original Article

Posted By:JoniTx, 4/8/2014 6:05:05 AM

President Barack Obama today suggested that’s he’ll pressure Congress to to reduce voters’ student-loan payments before the November elections. “We’ve got to make it easier to repay student loans,” he told a subdued and unresponsive audience at Bladensburg High School, in Prince George’s County, Md. He used the same student-loan pitch in the run-up to the 2012 election, which helped him improve his support among younger voters, many of whom are having difficulty earning enough in the Obama economy to pay off their college debts. In June 2012, Congress voted to delay a planned increase in student-loan interest rates, after

      


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Reply 1 - Posted by: steveW, 4/8/2014 6:25:32 AM     (No. 9802140)

They use to call what Democrats do "buying votes". Now they call it "caring about helping people" or some such nonsense.

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Reply 2 - Posted by: krause, 4/8/2014 6:32:25 AM     (No. 9802146)

It´s not hard to imagine the meetings that happen within this administration. They would be devoid of any idea of actually increasing the strength and prosperity of this country. Every decision is expediently in favor of their always-failing leftist political ideology.

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Reply 3 - Posted by: Michaelus, 4/8/2014 6:38:52 AM     (No. 9802153)

This is the whole reason for student loans in the first place - they are a great way to get lots of people to be dependent on the government at an early age. It is a bonus that the money goes to flaky Marxists and women´s studies profs.

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Reply 4 - Posted by: mickeymat, 4/8/2014 7:07:14 AM     (No. 9802170)

Not exactly school that sends a great many students to college. Did my student teaching there in 1971 and even then not many of their students went on to college.

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Reply 5 - Posted by: antiquegolf, 4/8/2014 7:12:09 AM     (No. 9802176)

The excess of $1 trillion in college loans exceeds credit card debt in USA.

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Reply 6 - Posted by: chance_232, 4/8/2014 7:38:09 AM     (No. 9802200)

More vote buying with my tax dollars.

Your welcome!

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Reply 7 - Posted by: bubby, 4/8/2014 7:42:01 AM     (No. 9802204)

My guess is obama and Democrats are working on some way to forgive all student debt. That´s what they really want. Cloward–Piven strategy at work. Will the Republicans get sucked in? My guess is yes or the msm will call them a bunch of meanies. Just say no, say hell no!! The Feds are not in charge of baling out financially stupid choices. Getting a student loan and college education when there are no jobs in one of them.

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Reply 8 - Posted by: privateer, 4/8/2014 7:49:46 AM     (No. 9802209)

A falling tide lowers all boats;
while we despair, they buy more votes.

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Reply 9 - Posted by: Bpl40, 4/8/2014 8:32:22 AM     (No. 9802264)

If the students don´t understand that any policy that further damages the possibility of their ever getting a viable job is not in their interest, then their education is wasted.

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Reply 10 - Posted by: Antidem, 4/8/2014 8:41:10 AM     (No. 9802271)

Moron. You reduce loans by managing tuition costs. Right now the best way to do that is for the government to get out of the student loan business. Government guarantees have fattened college administrators from coast to coast.

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Reply 11 - Posted by: arkfamily, 4/8/2014 8:53:37 AM     (No. 9802287)

This is the way Obama works. He secures their vote with a freebie. Someone is going to have to pay for those expensive educations. Maybe work on education not being so expensive? How about tax breaks to those who are paying for it? Of course not. Less money for Obama to spend.

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Reply 12 - Posted by: chillijilli, 4/8/2014 10:19:43 AM     (No. 9802400)

And how terribly convenient this dangle is---just when polls indicate he´s losing the younger crowd.


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Reply 13 - Posted by: Trust No One, 4/8/2014 10:47:07 AM     (No. 9802436)

Parse this carefully - he says to reduce Payments . Just election ploy as WE know but students don´t think. Funny statement, huh?

Student loans aren´t going to be forgiven. This is a bubble the Fed needs until they figure out the next one to blow. All for the money printing folks.

Just like the housing bubble - mortgages weren´t forgiven just ´adjusted´ to make them more ´affordable.´

The only thing coming out of universities today are Debt Slaves and unfortunately they are too ´ignorant´ to realize it. They will later though but it will be too late. That debt is there foreva.

Will these kids be able to afford 2 house payments working as a barrister? That´s what their student loan amounts to. Doesn´t look good for a vibrant economy in the future. The Plan? Only way to bring those jobs back home - reduce wages and standard of living.

These kids (my grandchidren) are in for rough times.

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