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Research

Obama Goes To Florida To Talk About Education, While Young Adults Are Mired In Debt And Despair

- March 7, 2014

President Obama and Mrs. Obama's visit to South Florida will include a stop at Coral Reef to deliver remarks on the importance of a quality education and its vital role on the economic success of our country.... Continue Reading »

Research

Obama’s College Proposals Land With A Thud

- August 23, 2013

The Chronicle Of Higher Education Headline: “Obama Plan To Tie Student Aid To College Ratings Draws Mixed Reviews” ... Continue Reading »

Research

Obama’s Empty Rhetoric On A Long-Term Solution To Student Loans

- July 10, 2013

Today, The Senate Democrat Bill To Freeze Student Loan Interest Rates Failed “After Contentious Discussions Tuesday, Much Of It Between Democrats Who Have Been Split On The Issue.” “A Senate bill that would freeze a low interest rate on one type of federal student loan for another year, along with buying lawmakers more time to craft a long-term strategy for setting all education loan interest rates, failed to clear a procedural vote Wednesday afternoon. That bounces the issue back to negotiations yet again, as lawmakers try to reach a consensus before the August recess, at which point most students will have to lock in their loans for the coming school year. The vote was 51 in favor and 49 opposed, not enough to advance the bill. The failed key test vote came after contentious discussions Tuesday, much of it between Democrats who have been split on the issue. Senate Majority Leader Harry M. Reid (D-Nev.) met for hours with White House Chief of Staff Denis McDonough and Education Secretary Arne Duncan.”... Continue Reading »

Research

More Student Groans

- July 9, 2013

White House Press Secretary Jay Carney Refused To Take A Position On A Bipartisan Senate Plan To Reform Student Loans. NBC's CHUCK TODD: "Is the administration's position on the Manchin-Blunt-Alexander-Angus King bipartisan student loan compromise in the Senate?" WHITE HOUSE PRESS SECRETARY JAY CARNEY: "The President is for, as you know, a long-term fix here. But we are generally for resolution of this problem because we have already passed the deadline whereby students face a doubling of their loan rates, and there is no reason why in our view, this cannot be worked out by the Senate and the House." TODD: "So you're supportive of this compromise?" CARNEY: "Well we are supportive of a process that leads to a compromise and a resolution here, one that ensures that rates are kept low for students, that does not try to reduce the deficit on the back of students by jacking up their rates, and that ensures that middle-class families are able to pay the costs of college and that those that aspire to the middle class have a chance at paying for college." TODD: "I understand, but for or against, or no position on it?" CARNEY: "I don't have a specific position on a piece of legislation beyond the assertion that there is a path towards compromise that achieves the president's principles. And we urge members of both houses and both parties to reach that compromise because the clock is ticking. We are confident that a compromise can be found that will be retroactive and therefore not cause harm to students and their families. But the fact is, the longer we wait, students and their families will be planning for the fall and the future and have to make decisions based on what they believe will be their rates." TODD: "I am going to keep following up. So could you support it or not support it?" CARNEY: "We support a process. Supporting a single bill is not the answer here."... Continue Reading »

Research

Student Groans

- July 1, 2013

In Letting Student Loan Rates Double, Senate Democrats Place Partisan Bickering Ahead Of The Nation’s Students... Continue Reading »

Research

Democrat Disarray Halts Student Loan Relief

- June 28, 2013

"Senate Democrats Battled Among Themselves Over Student Loans," All But Guaranteeing The Senate Will Miss Its July 1 Deadline To Prevent Loan Rates From Doubling. "Senate Democrats battled among themselves over student loans Thursday, holding dueling news conferences about the right way to prevent interest rates from doubling in four days. It was an unusual situation for the party with an issue on which it has typically been united. And the split all but guaranteed that the chamber will blow past the July 1 deadline, when new student loan applicants who receive need-based federal aid will see their interest rates rise from 3.4 percent to 6.8 percent."... Continue Reading »

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