Obama drafts college grads into 2014 campaign

Obama drafts college grads into 2014 campaign

President Barack Obama used a Friday Rose Garden speech on government-controlled student loans to help him campaign for the 2014 mid-term elections, amid proliferating scandals and derision from the House education leaders.

Obama’s plan would allow interest rates on future government-provided student loans to rise or fall once per year. But the plan would also allow current borrowers to pay off their long-duration loans at today’s historically low rates.

In 2010 and 2012, Obama used government power to offer low-rate students loans to younger voters. Those campaign-trial fixes expire this year, giving him another opportunity to offer Democratic-branded aid to students, many of whom have incurred student debt to improve their credentials in a stalled, high-unemployment, low-wage economy.

“This event is nothing more than a cynical PR stunt to change the conversation from his scandals,” said Kirsten Kukowski, a spokeswoman for the Republican National Committee. ”Instead of working with Republicans who have already passed legislation, Obama is holding a media event.”

Continue reading →

For your convenience, you may leave commments below using either the Spot.IM commenting system or the Facebook commenting system. If Spot.IM is not appearing for you, please disable AdBlock to leave a comment.

Commenting Policy

We have no tolerance for comments containing violence, racism, vulgarity, profanity, all caps, or discourteous behavior. Thank you for partnering with us to maintain a courteous and useful public environment where we can engage in reasonable discourse.