Seriously!? Seriously.
McConnell: ObamaCare to blame for higher student loan rates
by Ramsey Cox, thehill.com -- 06/04/13
[...]
McConnell said that part of the Affordable Care Act, also known as ObamaCare “abolished the student loan program.”
As part of the healthcare law, Congress stopped allowing private banks to provide student loans. All student loans are now federal loans, which McConnell argues has led to higher rates.
[...]
McConnell criticized Democrats and specifically Obama for trying to politicize the issue. In a speech last week, Obama called on Congress to act to stop the student loan hike.
[...]
That's the free marketplace of Republican-priorities at work.
The Republican stance to create private loan profiteering opportunities, while demanding on pay-fors for everything equitable, has nothing whatsoever to do with it.
Bankers need to earn a living too you know students, so pay up. McTrustMe Mitch has got your back graduates -- right where you wallet is.
Meanwhile back on planet reality, where monthly bills actually matter:
Obama pushes Congress on student loans
by David Nakamura, washingtonpost.com -- May 31, 2013
[...]
Obama urged students to lobby lawmakers to improve on a House bill that the White House argues does not go far enough. He said it “fails to lock in low rates for students next year” and “eliminates safeguards for low-income families.”
“The House bill isn’t smart, and it’s not fair,” Obama said. “So I’m asking young people … to make their voices heard once again.”
[...]
In his speech Friday, Obama said: “We cannot price the middle class … out of a college education. We can’t keep saddling young people with more and more debt just as they’re starting out in life.”
[...]
Gee, it's really hard to imagine what the Republicans
might have against that idea --
Helping students start out life --
NOT underneath of a mountain of debt !?
Afterall, Where's the "low wage" intern-labor incentives to that? Just-say-No Mitch wants to know.