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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsRomney backs Obama's student loan plan, putting him at odds with House GOP
http://thinkprogress.org/education/2012/04/23/469422/romney-student-loan-interest/?mobile=ncPresumptive Republican presidential nominee Mitt Romney came out in favor of a proposal to prevent a scheduled hike in the interest rate on federal student loans, siding with President Obama over House Republicans. The rate is scheduled to double from 3.4 percent to 6.8 percent in July, and Obama began pushing Congress to prevent the increase last week.
Romney joined the effort today during a media availability in Pennsylvania. After Romney finished his allotted time with the press, he returned to the microphone to say he fully supported the effort to prevent the increase:
ROMNEY: Particularly with the number of college graduates that cant find work, or that can only find work well beneath their skill level, I fully support the effort to extend the low interest rate on student loans. There was some concern that would expire halfway through the year, and I support extending the temporary relief on interest rates for students, as a result of student loans, in part because of the extraordinarily poor conditions in the job market.
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Romney backs Obama's student loan plan, putting him at odds with House GOP (Original Post)
Enrique
Apr 2012
OP
spanone
(135,835 posts)1. the op should read...'this week romney backs Obama's student loan plan.....'
upaloopa
(11,417 posts)2. How could anyone support raising interest rates on students?
Especially when the Fed is not raising interest rates and mortgage rates are so low.
Kalidurga
(14,177 posts)3. Students are easy targets.
And if you are GOP they are snobs and if you let them they will get a liberal education and won't vote GOP in the future, because they will know better.