Tuesday, April 24, 2012

Favorite Quote from President Obama's Speech At University of North Carolina

President Obama just wrapped up a speech about maintaining subsidized loans at 3.4%. If Congress does not act by July 2012, that rate will double to 6.8%.

Here's my favorite quote from the speech: "check this out, I'm the President of the United States, and we only paid off our student loans 8 yrs ago!"

Photo Credit: Chuck Liddy - cliddy@newsobserver.com

1 comment:

Nando said...

Another campaign stunt. I don't see either corporate party enacting such change; certainly not before this approaching deadline. Legislation takes months to enact. If he was sincere, then I suppose that he could issue an executive order to the Department of Education. That would at least show some level of commitment, and willingness to make this issue front and center.

He is simply trying to regain the pissed off, debt-soaked college students and grads who voted for his ass last time.