It’s another election year and after months of tiresome campaigning, President Barack Obama and presidential candidate Mitt Romney have turned their attention to younger voters.
Earlier this week, President Obama visited college campuses speaking about maintaining the law that has cut student loan interest rates. On July 1, Stafford Loans interest rates will double from 3.4 percent to 6.8 percent. President Obama is trying to extend this law to prevent the increase.
Candidate Mitt Romney agrees with this position and said he too is also hoping to stop the increase. President Obama has always had a strong support for education but I was most surprised to hear Mitt Romney’s agreement to preserve the loan cut. Personally, this new position of Romney’s confuses me. His campaign has been a display of what his concerns are and education is not one
of them.
Romney has shown concern for unemployment. The Republican party plans to increase corporate profits and cutting taxes for the wealthy with the idea that this will help increase employment and revenue. But, to maintain his budget, other areas must take cuts. Just to name a few, these areas are homeland security, local government grants, and of course education. Obama has explained that he understands what the financial burden is like for students and families. He has said that he and the first lady paid off their student loans just eight years ago. If you think about it, without his student loan putting him though college he would not be where is is today. So imagine where our education will take us.