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GOP vs Higher Education
You'd think that something like this wouldn't be all that controversial:
President Obama today begins a two-day tour of college campuses in three battleground states — North Carolina, Colorado, and Iowa — in which he will press Congress to extend the 2007 law that keeps interest rates on student loans at a lower rate of 3.4 percent. If Congress doesn’t extend this lower rate, rates will double on July 1 to 6.8 percent.
Hard to argue with that, right? Even Mitt Romney endorsed President Obama's position. Yet Republicans just can't help themselves:
Republicans on Capitol Hill noted that then-Senator Obama seemed to make the lower interest rates for student loans a lower priority.

When the bill came up for final passage on September 7, 2007, then-Senator Obama did not vote; he was campaigning for president in California and Oregon.

On the face of it, that's a stupid attack: the bill passed overwhelmingly, by a 79-12 margin; his vote was irrelevant. And it's not like he was goofing off: Obama was running for president. If his vote would have made a difference, he would have returned to D.C. to cast it—but it didn't.

Moreoever, every single one of the 12 no votes in the Senate were cast by Republicans. The same thing was true in the House, where a majority of Republicans voted against the measure. Even if you fault Obama for missing the vote, at least he didn't try to kill the bill.

Yet John Boehner's press shop keeps piling on:

“It seems not much has changed,” said Brendan Buck, spokesman for House Speaker John Boehner, R-Ohio. “Five years ago, just like today, the President put campaigning before governing. As a result, 50 percent of new graduates can’t find full-time employment in this economy.”
Sure enough, Boehner was among those who voted no on the bill. And he's not supporting it now.

Tell House Republicans not to let student loan interest rates double.

Originally posted to The Jed Report on Tue Apr 24, 2012 at 06:40 AM PDT.

Also republished by Daily Kos.

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Comment Preferences

  •  Thanks for the link,Jed (6+ / 0-)

    My oldest has worked two jobs through his whole college experience & the cost keeps getting higher...He fought doing loans as long as he could but finally gave in when he realized that he was spending more time paying for it than he was actually learning from it.

    He almost done and NOW this ??? He is worried about finding a job...and this is just one more burden the GOP is placing on our fragile kids backs.

    “And in the end, it's not the years in your life that count. It's the life in your years.” ~ Abraham Lincoln

    by JMoore on Tue Apr 24, 2012 at 06:48:47 AM PDT

    •  Republicans have a bad record on higher education (3+ / 0-)
      Recommended by:
      RichM, JMoore, qofdisks

      Five years ago, nine senators missed that vote. Most were campaigning for president. It was certain to pass, so it was not a matter of priorities.  

      Republicans have always had a bad record on higher education. At the moment in Pennsylvania, Governor Corbett is attacking public higher education. Last year he slashed it 17% and is going for a bigger cut this year. While doing this, the Republicans continue generous student loans to people in private colleges and they continue wioth grants to private colleges. Way back in 1968, The Saturday REview of Literature carried a piece on how Pennsylvania Republicans view higher ed. There were exceptions, Governors Shaeffer and Scranton, but those good men would not be welcome in the GOP today.

      Check Florida Republican policy on higher ed. Same thing.

      The current GOP position on student loan interest rates is partly to enrich banks. Maybe they want a compromise that restores the banks to the cat bird seat they occupied in 2008 on student loans.

      •  Why are instinct-driven people opposed (3+ / 0-)
        Recommended by:
        JMoore, OrangeMike, dcnw

        to education?  Because they tend not to benefit from doing something that's hard and they themselves didn't enjoy.
        If they squeaked through and got a college degree themselves, it was probably in a subject which requires little more than memorization and the regurgitation of what's been infused into their heads.

        People who don't do well, not only tend not to enjoy the process, but resent those that do.  This, in all probability, explains the antagonism towards individuals who enjoy learning something new. It's envy that leads to the argument, " if they like it so much, they can pay for it."  Withholding the necessary funds doubles the pleasure of their "revenge."
        That people should seek to avenge themselves on people because they don't share their own short-comings seems strange, but it's not inconsistent with the perverse mindset that fuels much abuse.

        Indirection is also a hallmark of the instinct-driven.  In part, that's because direct action in response to a perceived offense involves the risk of additional hurt and the instinct-driven are also inclined towards cowardice.  So, they take out their anger and disappointment on someone else.

        How do these people get elected to public office?  Well, on the one hand, they're not competent to do much else and, on the other, their gift for gab lets them disguise their incompetence and promote their inflated valuation of themselves, as if it were fact.

        People to Wall Street: "LET OUR MONEY GO"

        by hannah on Tue Apr 24, 2012 at 08:24:01 AM PDT

        [ Parent ]

        •  I think it is more that (1+ / 0-)
          Recommended by:
          hannah

          they want to keep their money and they don't want anyone else to benefit from what they consider their money.  The GOP politicians don't give a fig about anyone other than themselves and those who provide for them.  So their attacks against public education is no skin off their back since they likely send their kids to private schools anyway.  And can trick some Catholics into supporting them with silly voucher initiatives.  Currently, ALL PA school districts are suffering greatly.  And guess where a lot of the ire is being focused?  You betcha - greedy teacher unions.  Those selfish devils!  Meanwhile Corbett is suckling at the gas and oil teat.  

          My own district has threatened to demote all the top teachers in all the departments.  Basically take all the top teacher and reduce them to part time - provides a double whammy as they will be forced to leave, retire or take a damaging hit to their income AND retirement since that is based on the average of the last 3 years of salary.  Very nasty but it also gets support from other Greedy republicans who do not want to raise their taxes at all - and this is a district with lots of money and very low property taxes.

          It is hard not to feel absolute hatred for all republicans - the greedy politicians, the greedy wealthy who support them and the ignorant masses who follow along.

          "You have attributed conditions to villainy that simply result from stupidity"

          by newfie on Tue Apr 24, 2012 at 09:06:22 AM PDT

          [ Parent ]

      •  I was in Ohio in the 80's/90's (0+ / 0-)

        And we had governor George Voinovich who was running and one of his planks was education.

        He was about cutting the fat in higher education.  It cut beyond that.  Ohio State lost entire departments, and it hurt students around the state.  I know it made college less affordable for me and my family.

        Back then was while I was becoming politically aware, and since then anytime I've heard anyone running as an education candidate leads me to their opponent.  Double, triple, and quadruple so when it is a Republican espousing those beliefs.

        "Education Governor" shudder.

  •  And he's flying around on Air Force One.....Not (6+ / 0-)

    going Greyhound.

  •  "Me too Mitt" (7+ / 0-)

    I think Obama should capitolize on these "me too Mitt" moments as in, "even Mitt Romney, who wants to eradicate Medicare and cut taxes for multimillionaires like himself thinks it's unreasonable to raise rates on student loans -- or at least that's what he is saying now, it's different from what he said previously and nearly every Republican Congressman is opposed to him."  

  •  can you add / update your article ... (8+ / 0-)

    President Obama as Senator Obama was on the committee that drafted the bill. He attended all those meetings.

    I think this information is crucial as it presents the true support that the President has for the bill.

    About Republicans - they are discovering a new bottom every day ...

  •  Republcian noise for the corporate owned (4+ / 0-)

    trad med to dissemminate.  That's all it is.

    I'm from the Elizabeth Warren and Darcy Burner Wing of the Democratic Party!

    by TomP on Tue Apr 24, 2012 at 07:36:45 AM PDT

    •  The student loan issue is particularly (2+ / 0-)
      Recommended by:
      tb mare, TomP

      sensitive because the ACA included a provision that removed higher education loans from being serviced by banks and guaranteed by the federal government in case of default (which accounted for why many loans were made for people to attend the equivalent of fly-by-night training programs that happened to be set up by the bankers' cronies), to being serviced by the Department of Education directly.  The resulting $50 billion saved by the federal government went to fund the public health clinics that Bernie Sanders got into the ACA.
      The banksters have not been able to squawk about losing that business because it was clearly corrupt and the argument that they should continue to abuse college and graduate students was not going to "sell."
      Republicans are always directed by ulterior motives because their real interests are unpalatable.  But, sometimes, the ulterior ends up biting them in the posterior.

      People to Wall Street: "LET OUR MONEY GO"

      by hannah on Tue Apr 24, 2012 at 08:32:18 AM PDT

      [ Parent ]

  •  Does Boehner suggest (7+ / 0-)

    that the solution to the problem of 50% of graduate unemployment/underemployment is just make it too difficult for young people to go to college and then they won't be depressed about having a degree and no job?

    The reason for the high unemployment, Mr. Boehner, is because you are the worst Speaker of the House in history and you have snarling, hateful people running your chamber.  People, who like you, are doing everything to make the rest of us miserable.  Asshat.

    Vi er alle norske " My faith in the Constitution is whole; it is complete; it is total." Barbara Jordan, 1974

    by gchaucer2 on Tue Apr 24, 2012 at 07:40:41 AM PDT

  •  response - hope links work (4+ / 0-)
    Recommended by:
    sethtriggs, rg611, fcvaguy, OrangeMike
    SNEAK PEEK– PRIORITIES USA, AMERICAN BRIDGE SLAM ROMNEY CUTS:

    Obama Super PAC Priorities USA Action and American Bridge 21st Century are pushing out a web video and research hit to highlight what they say is Romney’s lack of a plan on higher education.

    “The Massachusetts decline from 37th to 47th in job growth under Governor Mitt Romney was not just a coincidence - his cuts to job training and higher education helped make Massachusetts less competitive.

    Now, Romney wants give massive new tax cuts to the wealthiest while making dramatic cuts to job training and higher education on a national level,” a memo says.

    A research document notes that in March told a student concerned about college affordability to ‘shop around’ or join the military.

    Memo: http://bit.ly/....

    2-minute web video: http://bit.ly/....

    People don't know Mitt Romney . They see a businessman. They hope he has new ideas. When they find out what his ideas are slashing taxes at the top for the very wealthy they're going to think we've tried this. This was a big failure. ` David Axelrod

    by anyname on Tue Apr 24, 2012 at 07:41:57 AM PDT

    •  nutshell Mitt's world - no 'opportunities' for you (1+ / 0-)
      Recommended by:
      a2nite

      http://www.youtube.com/...

      direct link

      Romeny

      supports slashing Pell Grants

      Proposed increasing tuition by as much as 15%

      College fees jumped 63% when Romney cut college budget by $140 million

      People don't know Mitt Romney . They see a businessman. They hope he has new ideas. When they find out what his ideas are slashing taxes at the top for the very wealthy they're going to think we've tried this. This was a big failure. ` David Axelrod

      by anyname on Tue Apr 24, 2012 at 07:50:51 AM PDT

      [ Parent ]

  •  This feels like when they accused (2+ / 0-)
    Recommended by:
    fcvaguy, RichM

    Obama of trying to "kill Medicare" (as they were working to kill Medicare) and people bought it.

  •  If this is all they've got (4+ / 0-)
    Recommended by:
    skillet, ThatSinger, OrangeMike, tb mare

    they're in deep trouble.

  •  He was running for office, for Pete's sake... n/t (1+ / 0-)
    Recommended by:
    tb mare
  •  Look who else missed the vote... (4+ / 0-)
    Recommended by:
    RichM, OrangeMike, tb mare, Babbling Hill

    Clinton, Biden, Dodd... all of whom were running as well.

    Oh, and none other than the GOP standard-bearer in the last election John McCain. #nonissue

  •  As a result, 50%????? (0+ / 0-)

    OK, I think people who want to run 2012 on "Blame Bush" are idiots.

    I think that will get Democrats about as far as it did in 2010, but...

    If Republicans are going to make that kind of statement, they really open the door to "Blame Bush" in a way that could have traction.

    Dumb, dumb, dumb.

    LG: You know what? You got spunk. MR: Well, Yes... LG: I hate spunk!

    by dinotrac on Tue Apr 24, 2012 at 07:54:17 AM PDT

  •  Obama's not IN Congress, Orange Man! (3+ / 0-)
    Recommended by:
    a2nite, sixeight120bpm, tb mare

    He doesn't HAVE a vote to cast, you right wing frauds!

  •  Poor Mitt Romney. He will have to etch-a-sketch (0+ / 0-)

    "Rick Perry talks a lot and he's not very bright. And that's a combination I like in Republicans." --- James Carville

    by LaurenMonica on Tue Apr 24, 2012 at 08:02:55 AM PDT

  •  Apparently, (1+ / 0-)
    Recommended by:
    a2nite

    non sequitur is a Republican disease.

    There is no relationship between what people pay to borrow money for schooling and the availability of employment when they're done preparing.

    When banks are paying .05 % to borrow money, the idea that students should pay even 3.5 % is outrageous.  
    When you come right down to it, since an educated person benefits other people, education and training should be free to the student.

    People to Wall Street: "LET OUR MONEY GO"

    by hannah on Tue Apr 24, 2012 at 08:06:53 AM PDT

    •  Not in America; we have 2 b free 2 have nothing (1+ / 0-)
      Recommended by:
      hannah

      Thats what Anerucan freedom stands 4.

      The radical Republican party is the party of oppression, fear, loathing and above all more money and power for the people who robbed us.

      by a2nite on Tue Apr 24, 2012 at 08:24:03 AM PDT

      [ Parent ]

    •  could also.. (0+ / 0-)

      just let students borrow that money direct at .05%, cut out the middleman.

      "There is one rule for the industrialist and that is: Make the best quality of goods possible at the lowest cost possible, paying the highest wages possible." - Henry Ford

      by sixeight120bpm on Tue Apr 24, 2012 at 08:42:43 AM PDT

      [ Parent ]

      •  The middle man is cut out. (0+ / 0-)

        All loans are direct from Fed now.  Well you can still get private loans but that is in addition to Federal Loans.

        "You have attributed conditions to villainy that simply result from stupidity"

        by newfie on Tue Apr 24, 2012 at 09:10:05 AM PDT

        [ Parent ]

        •  Didn't Obama champion this as well? (0+ / 0-)

          Instead of paying fees more money was available to give as loans.

          Warning: That light at the end of the tunnel just might be an oncoming train.

          by history first on Tue Apr 24, 2012 at 09:22:46 AM PDT

          [ Parent ]

          •  Yes. (1+ / 0-)
            Recommended by:
            history first

            Although I may have access to a student loan that could have a lower rate than the direct loans.  This is through my credit union.

            "You have attributed conditions to villainy that simply result from stupidity"

            by newfie on Tue Apr 24, 2012 at 09:38:54 AM PDT

            [ Parent ]

            •  Really?! Thanks for the tip (1+ / 0-)
              Recommended by:
              newfie

              I'm taking the plunge and going back to school. I'm definitely going to check out my CU. Thanks!!

              Warning: That light at the end of the tunnel just might be an oncoming train.

              by history first on Tue Apr 24, 2012 at 11:30:58 AM PDT

              [ Parent ]

              •  I haven't fleshed out the details but (1+ / 0-)
                Recommended by:
                history first

                plan to do so this week.  It COULD have a lower rate (compared to the 7.8% parent plus) but it is also variable and appears to be a line of credit.  I won't know if it would have a lower rate until I speak to them.  It has a 6% lower limit.  Not a great rate but I am going to explore it to add flexibility to our financing.  I don't want to load it up and not be able to move it if the rate jumps.

                And if I think about it I will just get pissed.  If I were a financial institute I could get money at .5% but because I want to send my son to college so that he has a better chance at making a higher wage AND paying higher taxes I will get the 7.8% or worse.  Thank you, Mad Max Republicans.

                "You have attributed conditions to villainy that simply result from stupidity"

                by newfie on Tue Apr 24, 2012 at 03:11:15 PM PDT

                [ Parent ]

              •  Oh and explore everything. (1+ / 0-)
                Recommended by:
                history first

                Does the school have a payment plan?  I know my son's future school does.  10 months at 0% (not including the $60 fee).  And the amount is flexible.  So if you can afford $100 per month for 10 months then that's $1,000 you won't have to finance.  Of course, I would also factor in what your monthly interest would be on the rest.  So if you are garnering $50 in interest per month you should consider paying the $100 to the payment plan in addition to the $50.  Or if you can't afford to do that then pay toward the loan.  

                Of course I am not a financial counselor.  This is just what I am thinking.

                Good luck.

                "You have attributed conditions to villainy that simply result from stupidity"

                by newfie on Tue Apr 24, 2012 at 03:16:37 PM PDT

                [ Parent ]

  •  Vote Republican! (6+ / 0-)

    Because competence is threatening.

    In theory, there is no difference between theory and practice; but in practice, there always is a difference. - Yogi Berra En théorie, il n'y a aucune différence entre théorie et pratique, mais en pratique, il y a toujours une différence. - Yogi Berra

    by blue aardvark on Tue Apr 24, 2012 at 08:09:51 AM PDT

  •  they're just P'Oed--their kids don't qualify (0+ / 0-)

    Why? They're wealthy and don't need loans. Since they can't have loans, no one else can.

    Warning: That light at the end of the tunnel just might be an oncoming train.

    by history first on Tue Apr 24, 2012 at 08:35:20 AM PDT

  •  McCain was "No Vote" as well. (0+ / 0-)

    I wonder what he was doing?

    Yea, Mitt Romney. We're going to get rid of that.

    by JoeEngineer on Tue Apr 24, 2012 at 09:03:20 AM PDT

  •  It's the freakin' hard(core) right... (1+ / 0-)
    Recommended by:
    JeffW

    They not only oppose anything whatsoever loved and nurtured by the Democrats, but they want to scorch the earth under anyone who might profit by it, even their own offspring.

    And shame on John Boehner and the GOP's leadership for letting these wingnuts hijack the party airplane and fly it to the middle ages.  They caucus with these knuckle draggers just because they'd have no one to caucus with without them.

  •  Remember children: (1+ / 0-)
    Recommended by:
    Free Jazz at High Noon

    Obama can't do anything about jobs, so don't vote for him for that reason.

    If the job market is bad, it's all Obama's fault.

    If not for double standards, republicans would have no standards at all.

    •  Double standards... (0+ / 0-)

      Know what's funny? The other night, I revisited one of the 2008 Presidential debates (geeky, I know).

      There's PrObama - pretty much the man we've seen over the last four years.

      Then there's McCain - touting "bipartisanship" whenever he can draw upon it.

      "Bipartisanship" provided WE (GOP) are elected.

      The modern GOP is an affront to basic honesty and decency.

      "Space Available" is the largest retail chain in the nation.

      by Free Jazz at High Noon on Tue Apr 24, 2012 at 12:12:08 PM PDT

      [ Parent ]

  •  Oblamer, Obozo, Obobblo, the Muslim, the Kenyan, (0+ / 1-)
    Recommended by:
    Hidden by:
    zizi

    NOT A CITIZEN, Oblammy, complete and utter failure, worst President ever.........

    Except his Republican opponent agrees with him 100% lock-step more times than not.....!!!!!!

  •  Give us money (0+ / 0-)

    or we'll kill your children's education!

    Can't republicans ever do anything without threatening to hurt someone?

  •  these old fat white male Republicans (0+ / 0-)

    hate President Obama to the bitter end. but, as they approach dementia and ultimately death, they are disappearing through natural attrition. let's hear it for old Ma Nature!! sorry, that wasn't nice to say. but then they're not nice people and for the evil in their hearts they deserve that and much more

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