Political squabbling over student loans continues
June 21st, 2012
03:31 PM ET
2 years ago

Political squabbling over student loans continues

Washington (CNN) – With time running out for Congress to prevent a doubling of interest rates on federal student loans, the White House and Republican leaders exchanged accusations Thursday on who was to blame for the lack of an agreement.

President Barack Obama chided Republicans for holding up a deal with unreasonable demands, and he urged college students to continue raising their voices on the issue.

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Filed under: Education • President Obama
soundoff (19 Responses)
  1. GI Joe

    To increase the taxes (interest) on student loans should not be a way to get revenue. It penalizes people for trying.

    To try to cut women's health in order to keep the taxes (interest/revenue) at the same rate is war on women.

    June 21, 2012 03:37 pm at 3:37 pm |
  2. Claudia, Houston, Tx

    Remember these are Republicans who always say they "worry about our children's future" and then on the other hand deny student loans for your education which has everything to do with your future. With friends like Republicans, who needs enemies.

    June 21, 2012 03:40 pm at 3:40 pm |
  3. Ray E. (Georgia)

    Humm,
    A whole lot of things are going to run out aren't they? Like the Bush Tax Cuts, the Reduction in Social Security Tax Rate. So who's minding the Store?

    June 21, 2012 03:44 pm at 3:44 pm |
  4. rob

    Here is a bit of reality for you CNN readers who are not allowed to read the truth: The interest rate increase would only affect new loans starting form next year, second its only for the portion of studenyt loans guarenteed by the Govt. The max any student can recieve is less than $5000 per year making the difference in their payments about $10 to $20 per month. The Liberal media/Dem paropaganda machine will not report this because it gets in the way of their scare tactics.

    Thank god we can get more fair and ballanced information these days.

    June 21, 2012 03:59 pm at 3:59 pm |
  5. Obama 2012 - BEND Forward America, take another 4 long years of FAILURE

    HEY! The free student loan interest was my predicted Obama Pander of the Month entry for JULY!! Gays in May, Illegals in June, Students in July,..... Now let's bet on what group Obama will try and buy off to get re-elected in August, September, and October. Maybe Vets, Seniors and Dog Owners, cuz we all know how much Obama just loves dog!

    June 21, 2012 04:02 pm at 4:02 pm |
  6. Vote the Tea Party OUT in 2012

    I am STILL paying student loans and this is not like it was a grant or a gift...it's a LOAN for God's sake and trust me if you DON'T pay it back or fall way behind Uncle Sam WILL get his money. I fail to see why the GOP has an issue with this or is it just because it's something that Obama wants and as always they HAVE to be against it.

    June 21, 2012 04:06 pm at 4:06 pm |
  7. Four and The Door

    The Republican-majority House has passed its version of the measure, which Obama has threatened to veto.
    ______________________________________________________________________________________________
    Why does Obama feel it necessary to use students as political pawns? All politics all the time. At least he is consistent.

    June 21, 2012 04:09 pm at 4:09 pm |
  8. Obama 2012 - BEND Forward America, take another 4 long years of FAILURE

    Ray E. (Georgia) - So who's minding the Store?
    ======================================
    Nobody... With the Obama adminstration every day is free day. (thanks to the Chinese)

    June 21, 2012 04:09 pm at 4:09 pm |
  9. Gurgyl

    Raise taxes on 250k or more earners and cut defense spending....give education top priority....

    June 21, 2012 04:21 pm at 4:21 pm |
  10. rs

    Republicans- the Party of delay, linger and wait.

    June 21, 2012 04:23 pm at 4:23 pm |
  11. cali girl

    The party of No is hard at work again. Can't pass job bills, only wants to go after womens rights (no to equal pay, wants to get rid of Planned Parenthood funding, violence against all acts).
    Getting down to Student loan rates is just like the rest of it. Sit on it, Sit on it, Sit on it.
    Elections will eventually come around and they should be concerned.

    June 21, 2012 04:33 pm at 4:33 pm |
  12. Donkey Party

    One of you right-wing mouth-breathers cited their news source as "Fair and Balanced". Nobody but you fools buys that nonsense. Their slogan should really be "Fake and Biased".

    June 21, 2012 04:34 pm at 4:34 pm |
  13. g

    republicans know if a person gets educated they become democrats

    June 21, 2012 04:42 pm at 4:42 pm |
  14. Thomas

    @Four and The Door
    The Republican-majority House has passed its version of the measure, which Obama has threatened to veto.
    ______________________________________________________________________________________________
    Why does Obama feel it necessary to use students as political pawns? All politics all the time. At least he is consistent.

    June 21, 2012 04:09 pm at 4:09 pm |
    Obama 2012 – BEND Forward America, take another 4 long years of FAILURE
    Ray E. (Georgia) – So who's minding the Store?
    ======================================
    Nobody... With the Obama adminstration every day is free day. (thanks to the Chinese)

    How much dose Karl Rove pay you guys to post here ?

    June 21, 2012 04:50 pm at 4:50 pm |
  15. Expat American

    Republicans don’t care about Education. Republicans have never cared about education. They are too afraid of losing their uneducated base in red state trailer park America.

    June 21, 2012 04:57 pm at 4:57 pm |
  16. Obama 2012 - MOVE Forward America, NOT another round of DUBYA's FAILURES

    I absolutely refuse to force my kids into $40-$100K of Govt debt at the ripe old age of 23 (at graduation time) in order to get a college degree. Since they (twins) are not Natl Merit Scholars, Govt loans are their only option for 4 yrs of college (unless they go the Jr. College route). Yet the Grand Obstructionist meat heads want to increase the rate and force even more people out of college due to costs! It doesn't impact them.. why do they care. When are they going to start worrying and doing something about the future of this country instead of given the 1% tax breaks they don't need or starting wars ??

    June 21, 2012 05:05 pm at 5:05 pm |
  17. Marie MD

    It doesn't matter that the President wants to help students.
    It's cheaper to buy a car with low rates than to get an education. I guess sanatorium was correct. Not everybody has to go to college but I bet those Asians taking our jobs now have an education above anything we see here in the US (and it's not home schooled).

    June 21, 2012 05:18 pm at 5:18 pm |
  18. Four and The Door

    Thomas
    @Four and The Door
    ...How much dose Karl Rove pay you guys to post here ?
    __________________________________________________________________________________________
    I'm flattered. Karl Rove is a sharp guy with some excellent ideas. So thank you, but this is my own input. I really do care about the future of this country. It feels like I'm watching my Rolls Royce ( no I don't really own one ) being taken for a joy ride.

    June 21, 2012 05:20 pm at 5:20 pm |
  19. Wire Palladin, S. F.

    A person has to be unbalanced if they think Fox foreign owned media with a hint of Saudi, is fair and balanced.

    June 21, 2012 05:21 pm at 5:21 pm |