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Wednesday, August 22, 2012

Obama Decries Student Debt, But Ignores Debt Burden on Citizens

President Barack Obama – who increased the national debt by $5 trillion, leaving each American liable for $50,859 – on Tuesday decried the average student loan debt,, which he estimated at $26,000 per college student.

The president spoke Tuesday at a campaign rally on Capital University in Columbus, Ohio. Ohio is a key battleground state in the presidential race where both Obama and his Republican opponent Mitt Romney are spending a lot of time

“Higher education has gotten a lot harder to afford. It has gotten more expensive,” Obama told the crowd of college students. “Over the past two years – excuse me – over the past two decades, tuition and fees at America’s colleges have more than doubled. The average student who borrows to pay for college now graduates with about $26,000 worth of student loan debt.”

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6 comments:

Anonymous said...

Of course he would decry student debt whoelse is he going to get to vote for him? He knows the college kids are impressionable and he talks their language/slang and he tries to be one of them to garner votes. These kids have no working experience and can't relate to the bigger picture of our debt, and the country's security.

Anonymous said...

How about we lower the cost of these colleges. Maybe Obama should ask his liberal professors to take a pay cut. From my experience most of the college professors are liberals and make entirely to much money.

Anonymous said...

The liberal professors are a great part of the problem

Anonymous said...

What is Congress' response? They are theones who pass the laws.

Anonymous said...

So what? I can name quite a few things that have doubled in price in the last 20 years...the price of gas has doubled in less than four!

lmclain said...

obama is not even worth listening to anymore. He cannot tell the truth (or doesn't KNOW the truth), panders to everyone in front of him, has NO understanding of economics, couldn't lead a starving man to a plate of food, and is so far in over his head it would take him YEARS to reach the surface....