Video: Romney sides with Obama in supporting extension of low student-loan rates

posted at 4:41 pm on April 23, 2012 by Allahpundit

Remember that NYT piece last week wondering about friction between Romney and the House GOP as as he tacks towards the center for the general election while they try to hold the line on the right?

Here’s the first wisp of smoke.

“I fully support the effort to extend the low interest rate on student loans,” Romney said at a joint news conference with Florida Senator Marco Rubio. “There was some concern that that would expire halfway through the year, and I support extending the temporary relief on interest rates for students as a result of student loans, obviously, in part because of the extraordinarily poor conditions in the job market.”

In publicly breaking with his own party, Romney is taking away a potential wedge issue for President Obama’s campaign — and giving hope to Democrats that they may find new momentum for the legislation [to extend the rates]. The deadline for the current, low interest rates to expire is July 1…

Republicans oppose the bill in part on the grounds that it isn’t paid for…

Asked whether House Republican leadership would get behind Courtney’s bill, given Romney’s comments, a spokesman for Speaker John Boehner was non-committal.

GOP Rep. Jeff Landry told the Times last week vis-a-vis Romney, “We’re not a cheerleading squad. We’re the conductor. We’re supposed to drive the train.” We’ll find out soon how true that is, but in the meantime read this Daily Caller piece from Friday explaining succinctly what a clever trap this was for Democrats to set. It’s not just that the extension isn’t paid for that bothers Republicans, it’s that lower rates keep the higher-education bubble inflated and keep the Democrats’ pals in academia flush with cash. But with the lower rates set to expire automatically in July, Romney was in a bind. If he sided with Obama, there’d be instant agita within the GOP that our “Massachusetts moderate” nominee is already going wobbly on spending. If he sided with House Republicans, Obama would spend the next week bashing him for hating kids and education and the middle class and all things good and true. In fact, The One actually organized a multistate trip and an appearance on Jimmy Fallon’s show expressly for that purpose.

Romney chose door number one because he thinks he has a shot at winning young voters, or at least at enough young voters to make Obama’s lift that much heavier in November. One out of every two new college grads is unemployed or underemployed; among 18-to-24 year olds, fewer than 50 percent say they’d like to see a second term for O. Romney’s not going to hand Obama an excuse to get an otherwise ambivalent core constituency excited, especially when the cost of extending the lower rate is “only” $5.6 billion this year. He can agree with him on this and then bash him on bigger spending items (I think/hope). Besides, Romney’s probably looking for a high-profile issue on which to distinguish himself from House Republicans. He’s already praised Ryan’s budget so he’s checked the “fiscal conservative” box; now he’s going to do something for centrists and independents by daring Boehner to undercut him. He likely figures that, with the primary set to unofficially end tomorrow night in Pennsylvania and the general election to start in earnest, the House GOP will be reluctant to kneecap him on a relatively small-ticket item. And if they do, that’s fine: Centrists will feel reassured that he won’t necessarily be led by the right and conservatives will turn out to vote for him against O in November anyway.

Exit question one: Romney will definitely man up and have that “serious conversation” with America about entitlement reform when the time comes, right? Exit question two: Does this mean, contra David Plouffe, that he really isn’t the, er, most conservative nominee since Goldwater?


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Oh its going to be a fun campaign….

libfreeordie on April 23, 2012 at 4:45 PM

Republicans oppose the bill in part on the grounds that it isn’t paid for…

What the hell is paid for in our government? 16 trillion in debt anyone?

Bitter Clinger on April 23, 2012 at 4:46 PM

The government has done so much harm to the cost of education by inflating the market with easy credit. What a mess!!!!!!!

RedSoxNation on April 23, 2012 at 4:46 PM

Shaddup, Mutt.

annoyinglittletwerp on April 23, 2012 at 4:46 PM

Show me the constitutional authority for the federal government to either directly offer, or to secure, student loans. So the answer to this is simple. There should be no federal students loans, period. And, know what? Federal student loans are the sole reason college tuition is the ridiculous price it is today. Get the government out of the busienss of financial aid for college, and folks won’t need financial aid for college.

I’m not sure what’s so hard to understand about the concept that when the price of a good or service is in no way tied to the customer’s ability to pay, costs rise exponentially. It’s the same thing that’s kept health care costs ridiculously high.

Shump on April 23, 2012 at 4:46 PM

Wait. Romney left the center/left at some point?

lorien1973 on April 23, 2012 at 4:47 PM

Mitt’s begun to channel his inner squish.

kingsjester on April 23, 2012 at 4:47 PM

Romney’s not going to hand Obama an excuse to get an otherwise ambivalent core constituency excited, especially when the cost of extending the lower rate is “only” $5.6 billion this year.

It’s Mittens being pragmatic. Look, I disagree with him on this position, but let’s be frank. Is it worth potentially alienating a lot of young voters out there who according to most polls are disillusioned with Obama when the matter is over “only” $5.6 billion? It’s like the debt ceiling debate. You have to pick your battles heading into this election. Don’t sacrifice electoral success in favor of ideological purity, especially with the Presidency and Senate on the line.

Doughboy on April 23, 2012 at 4:47 PM

Shaddup, Mutt.

annoyinglittletwerp on April 23, 2012 at 4:46 PM

Mitt.

annoyinglittletwerp on April 23, 2012 at 4:47 PM

And, of course, no one will connect the government’s policies with the inflated cost of education…

The federal government is destroying higher education…

RedSoxNation on April 23, 2012 at 4:47 PM

Dip Stick! The only difference between big government communists such as obamma, and big government socialists such as Mittens is the speed at which government grows.

chicken thief on April 23, 2012 at 4:47 PM

Wait, is this our guy?

Fallon on April 23, 2012 at 4:47 PM

Obama would spend the next week bashing him for hating kids and education and the middle class and all things good and true.

Cheese and Rice!

The Dems are going to do this anyway!

WHAT ABOUT THIS DON’T YOU SQUISHES UNDERSTAND!

catmman on April 23, 2012 at 4:48 PM

I’ve already proven, a number of times on this board, that rising tuition costs can be traced to gradual public disinvestment from college budgets. That, more than anything, is what encouraged the loosening of credit rates for student loans.

libfreeordie on April 23, 2012 at 4:48 PM

Wait, is this our guy?

Fallon on April 23, 2012 at 4:47 PM

Yeah. He’s severely conservative.

kingsjester on April 23, 2012 at 4:48 PM

Reminder: now that Mitt Romney is the general election candidate, you’ll never, ever see him as “conservative” as he tried to appear during the primary.

Santorum dropping out early might have actually done more harm than good for Romney, because now he has no excuse/reason to pass himself off as “conservative”.

Armin Tamzarian on April 23, 2012 at 4:49 PM

*sigh* Just when I was getting resigned. . ..

totherightofthem on April 23, 2012 at 4:49 PM

Sometimes you gotta do what you gotta do. Make a virtue out of necessity.

You have to pick your battles carefully, and this really isn’t a hill to die on. The best choice he could have made.

JeffWeimer on April 23, 2012 at 4:49 PM

Romney is not the President, and even if he were the House needs to hold the line.

SouthernGent on April 23, 2012 at 4:49 PM

Romney will definitely man up and have that “serious conversation” with America about entitlement reform when the time comes, right?

BWAHAHAHAHAHAHAHAHA

Bitter Clinger on April 23, 2012 at 4:49 PM

That’s not all Romney has in common with Obama, check out this new video:
http://www.youtube.com/watch?v=IWDJEc92d38

FloatingRock on April 23, 2012 at 4:49 PM

“There was some concern that that would expire halfway through the year, and I support extending the temporary relief on interest rates for students as a result of student loans, obviously, in part because of the extraordinarily poor conditions in the job market.”

He stressed the poor job market with his remarks, which I think is the key to this.

Beyond that, meh.

changer1701 on April 23, 2012 at 4:49 PM

Eench pesses*, Armin. *Ph. spelling.

totherightofthem on April 23, 2012 at 4:50 PM

One out of every two new college grads is unemployed or underemployed; among 18-to-24 year olds, fewer than 50 percent say they’d like to see a second term for O.

More than 50 percent want anybody but Obama

Roy Rogers on April 23, 2012 at 4:50 PM

He’s worse than I thought he was going to be.

lea on April 23, 2012 at 4:50 PM

My favorite aspect of this whole “spiraling cost of higher education” meme is that it focuses entirely on the increase in student loan interest rates but ignores the elephant in the room. Higher education costs have risen at triple the rate of inflation since 1986 but of course you aren’t going to hear the White House or the MSM take any of their fellow libtards in academia to task over sticking it to the 99% via the cost of tuition.

Kataklysmic on April 23, 2012 at 4:50 PM

The joke is on us again.

El_Terrible on April 23, 2012 at 4:50 PM

Republicans oppose the bill in part on the grounds that it isn’t paid for…

What a crock of crap.

Both parties use that piss poor excuse as a cudgel against legislation they don’t like, when neither party really gives a flying rat’s butt about what is and isn’t paid for. If they actually cared about crap being paid for, we wouldn’t be nearing $16 trillion in debt while we simultaneously grow the size of government every stinking year.

I would love it if they honestly believed in the idea that “we can’t do it because it isn’t paid for”, but the budgets out of both parties repeatedly and loudly say they don’t really give a crap at all.

They can’t take the “not paid for” schtick and shove it up their collective backsides until they can manage to prove that they actually believe it and will apply it to ALL legislation… and more importantly, to the budget as a whole.

gravityman on April 23, 2012 at 4:50 PM

Where’s Bluegill to tell us that Romney will be the second coming of Reagan?

Bitter Clinger on April 23, 2012 at 4:50 PM

Pivoting too soon can be harmful to election success…

d1carter on April 23, 2012 at 4:50 PM

libfreeordie on April 23, 2012 at 4:48 PM

Where?

JeffWeimer on April 23, 2012 at 4:51 PM

“We’re not a cheerleading squad. We’re the conductor. We’re supposed to drive the train.”

Pretty sure you failed the exam. They keep getting caught in stupid traps.
Of course Romney is going to come out in support of the extension. Who is going to be against it?

Zaggs on April 23, 2012 at 4:52 PM

Shift $8 billion for Obama’s Medicare slush fund. There – problem solved.

bs4948800 on April 23, 2012 at 4:53 PM

Exit question two: Does this mean, contra David Plouffe, that he really isn’t the, er, most conservative nominee since Goldwater?

Funny, I was really expecting Obama to somehow compare himself to Goldwater eventually. He’s already claimed Reagan, after all.

Curtiss on April 23, 2012 at 4:53 PM

Sometimes you gotta do what you gotta do. Make a virtue out of necessity.

You have to pick your battles carefully, and this really isn’t a hill to die on. The best choice he could have made.

JeffWeimer on April 23, 2012 at 4:49 PM

This is what conservatives are afraid of. Spoken like a true moderate. He needs to charge up every hill and expose Obama for the liar he is, otherwise, there is no difference between them.

lea on April 23, 2012 at 4:54 PM

Cheese and Rice!

The Dems are going to do this anyway!

WHAT ABOUT THIS DON’T YOU SQUISHES UNDERSTAND!

catmman on April 23, 2012 at 4:48 PM

Uh, because this undercuts Obama’s talking points? Hard to paint Mittens as heartless and uncaring of young Americans when they hold the SAME DAMN POSITION on student loans!

Romney can’t agree with fiscal conservatives on every single issue heading into this election. Let him focus on the big stuff like repealing Obamacare, passing the Ryan budget, reforming entitlements, and reducing the size of government.

Doughboy on April 23, 2012 at 4:54 PM

Ha! Please let’s not have anyone acting shocked or surprised over this. Williard Romney is a two-faced, shameless liar. Any promise to Conservatives should be seen as inoperable as it leaves his mouth. The “Etch-a-sketch” comment taken together with the “Fox True Believer” remark should be enough for anyone to figure out what he and his people are all about.

If Conservatives are lukewarm about him now, wait until Romney goes into full Centrist Mode this Summer and Fall. He’s already begun with his strategy of marginalizing the TEA Party.

And if you haven’t figured out that Rubio’s “Republican Dream Act” was cooked up by the Romney camp and given to Rubio to float before the public, then you haven’t been paying attention.

sartana on April 23, 2012 at 4:54 PM

Shaddup, Mutt.

annoyinglittletwerp on April 23, 2012 at 4:46 PM

Mitt.

annoyinglittletwerp on April 23, 2012 at 4:47 PM

You were right the first time.

Bitter Clinger on April 23, 2012 at 4:54 PM

I’ve already proven, a number of times on this board, that rising tuition costs can be traced to gradual public disinvestment from college budgets. That, more than anything, is what encouraged the loosening of credit rates for student loans.

libfreeordie on April 23, 2012 at 4:48 PM

Nyet.

the main reason tuition continues to rise is a dramatic change that took place regarding the Federal Stafford Loan more than a decade ago. When Uncle Sam opened the floodgates to government-backed student loans without parent income restrictions in 1992, colleges welcomed the news with open arms. The sudden injection of millions of additional aid dollars only furthered tuition increases. Add to that the government’s continued promotion of the Stafford Loan as a low-cost program, and you have the formula for hyperinflationary costs.

When the government made it exceptionally easy for students to borrow massive amounts of money, the colleges followed the lead by increasing their tuition rates. This combination led to record-level borrowing.

Kataklysmic on April 23, 2012 at 4:54 PM

“Look how reasonable I am!”
-Mutt Romney

CycloneCDB on April 23, 2012 at 4:54 PM

Capitulation comes at a cost. Rmomey™

Bmore on April 23, 2012 at 4:55 PM

Uh, because this undercuts Obama’s talking points? Hard to paint Mittens as heartless and uncaring of young Americans when they hold the SAME DAMN POSITION on student loans!

Romney can’t agree with fiscal conservatives on every single issue heading into this election. Let him focus on the big stuff like repealing Obamacare, passing the Ryan budget, reforming entitlements, and reducing the size of government.

Doughboy on April 23, 2012 at 4:54 PM

I say again, “BWAHAHAHAHAHAHAHAHAHA”

Bitter Clinger on April 23, 2012 at 4:55 PM

Yup, these guys that call themselves “severely” are my
kind of guys, let me tell you!

Hey, BJ Clinton, how’s that strategy of attacking Mitt
as “Conservative” workin’ out for ya??

ToddPA on April 23, 2012 at 4:55 PM

“By their fruits, ye shall know them.”

kingsjester on April 23, 2012 at 4:56 PM

More than 50 percent want anybody but Obama

Roy Rogers on April 23, 2012 at 4:50 PM

Formerly-known-as-Spawn is casting his first vote for ABO.

annoyinglittletwerp on April 23, 2012 at 4:56 PM

So, anyone else worried besides me?

upinak on April 23, 2012 at 4:56 PM

EXACTLY what one expects from a RINO.
The national debt just isn’t high enough – let’s increase it some more with subsidized, below market-rate loans!
And let’s also pander to the Gimme, Gimme, Gimme crowd while we’re at it!

TeaPartyNation on April 23, 2012 at 4:57 PM

Well, extending rates isn’t the problem. The problem is extending the loans for course of study that the economy doesn’t need.

I think we should offer low cost student loans … in courses of study where we currently have to hire people on H1B visas because those skills are in short supply domestically.

I would favor a continuation of the low rates IF it is done in conjunction with handing them out in a more intelligent fashion to courses of study that are currently in demand in the economy.

crosspatch on April 23, 2012 at 4:57 PM

upinak on April 23, 2012 at 4:56 PM

Yes, ma’am.

kingsjester on April 23, 2012 at 4:57 PM

he’s etch-a-sketching. is anyone shocked?

DBear on April 23, 2012 at 4:58 PM

Wait, is this our guy?

Fallon on April 23, 2012 at 4:47 PM

Well, somebody’s guy. Not mine.
Not to worry, he’ll change his mind.

katy the mean old lady on April 23, 2012 at 4:58 PM

It’s Mittens being pragmatic. Look, I disagree with him on this position, but let’s be frank. Is it worth potentially alienating a lot of young voters out there who according to most polls are disillusioned with Obama when the matter is over “only” $5.6 billion? It’s like the debt ceiling debate. You have to pick your battles heading into this election. Don’t sacrifice electoral success in favor of ideological purity, especially with the Presidency and Senate on the line.

Doughboy on April 23, 2012 at 4:47 PM

This ^

redridinghood on April 23, 2012 at 4:59 PM

EXACTLY what one expects from a RINO.
The national debt just isn’t high enough – let’s increase it some more with subsidized, below market-rate loans!
And let’s also pander to the Gimme, Gimme, Gimme crowd while we’re at it!

TeaPartyNation on April 23, 2012 at 4:57 PM

Hey, it’s only 5.6 billion. I’m sure we can find that in the sofa cushions.

Bitter Clinger on April 23, 2012 at 4:59 PM

Focus on veto-proof majorities in Congress to stop President Obama/Romney from 2012-2016.

Valiant on April 23, 2012 at 4:59 PM

Shaddup, Mutt.

annoyinglittletwerp on April 23, 2012 at 4:46 PM

Mitt.

annoyinglittletwerp on April 23, 2012 at 4:47 PM

You had it right the first time. It must have been Freudian.

Thomas More on April 23, 2012 at 4:59 PM

I hate to tell you I told you so…

But I told you so.

eva3071 on April 23, 2012 at 4:59 PM

Let him focus on the big stuff like repealing Obamacare, passing the Ryan budget, reforming entitlements, and reducing the size of government.

Doughboy on April 23, 2012 at 4:54 PM

Okay, which do you want him to do… pass the Ryan budget or reduce the size of government? Because the Ryan budget most certainly does not reduce the size of government. In fact, to call the Ryan budget “conservative” is laughable on its face. The Obama budget vs. the Ryan budget is Statist vs. Statist Lite.

Shump on April 23, 2012 at 5:00 PM

Let him focus on the big stuff like repealing Obamacare, passing the Ryan budget, reforming entitlements, and reducing the size of government.

Doughboy on April 23, 2012 at 4:54 PM

and who actually believes he would do any of that?

DBear on April 23, 2012 at 5:00 PM

Gov. Romney just made it harder for obama to buy the youth vote. And I must add, Gov. Romney does not say, “Pahk-i-stan”. I listened to the speech. Every time I hear someone pronounce it obama’s way, I cringe.

Paddington on April 23, 2012 at 5:01 PM

Ultimately, government loans to students need to go away, but there has to be a transition period so the kids who are in school can finish – maybe a 3-5 year phase out, at the same time making student loans dischargable in bankruptcy.

CatoRenasci on April 23, 2012 at 5:01 PM

Maybe this is why Newt hasn’t dropped out yet. Technically, the nomination isn’t over.

SouthernGent on April 23, 2012 at 5:02 PM

Does this really come as a surprise to anyone? His followers have told us repeatedly that policy does not matter and that the only thing which matters is removing Obama. If Romney were to come out tomorrow and announce he was going to raise taxes, implement cap and trade, and work on a new trillion dollar stimulus bill, his supporters would not budge an inch because he’s still “better than Obama.” Romney can and will run to the left (or further to the left) because he’s been given carte blanche by his own supporters to do so.

Exit question one: Romney will definitely man up and have that “serious conversation” with America about entitlement reform when the time comes, right?

I believe in fairies!

Sometimes you gotta do what you gotta do. Make a virtue out of necessity.

You have to pick your battles carefully, and this really isn’t a hill to die on. The best choice he could have made.

JeffWeimer on April 23, 2012 at 4:49 PM

We’ve been hearing this excuse since 2010.

Doomberg on April 23, 2012 at 5:03 PM

Ultimately, government loans to students need to go away, but there has to be a transition period so the kids who are in school can finish – maybe a 3-5 year phase out, at the same time making student loans dischargable in bankruptcy.

CatoRenasci on April 23, 2012 at 5:01 PM

So we should flush the money down the drain.

Bitter Clinger on April 23, 2012 at 5:04 PM

So there we see it … get used to this all you Willard McDole kiddies … Romney is BIG GOVERNMENT and will govern as such.

Farking $15T in debt and Willard still don’t know we can’t afford this!

LOL.

Yeah – go vote for your boy – half of me hopes he actually wins so you can watch your dreams go up in smoke for a generation!

HondaV65 on April 23, 2012 at 5:04 PM

That’s not all Romney has in common with Obama, check out this new video:
http://www.youtube.com/watch?v=IWDJEc92d38

FloatingRock on April 23, 2012 at 4:49 PM

Wow, that’s a real eye opener, worth every minute. Very well done.

CurpliTium on April 23, 2012 at 5:05 PM

I would very much like to see Congress get the federal Government completely out of the college loan business and return it to the marketplace where it belongs.

There’s not a single reason why ANY tax money should be used to support student loans. If you want to go to college, get a job early on and start saving up for it. Let the colleges do their own loans or, gasp, get a loan from a bank.

TKindred on April 23, 2012 at 5:06 PM

I would favor a continuation of the low rates IF it is done in conjunction with handing them out in a more intelligent fashion to courses of study that are currently in demand in the economy.

crosspatch on April 23, 2012 at 4:57 PM

So you’re FOR continuing to spend money we don’t have and passing the debt on to our children.

Thanks for clearing that up.

Willard is EXACTLY the right candidate for you.

HondaV65 on April 23, 2012 at 5:06 PM

Didn’t the federal government take over all student loans? What exactly is our support for raising rates on this monopoly?

John the Libertarian on April 23, 2012 at 5:06 PM

SEVERELY CONSERVATIVE!!!!

angryed on April 23, 2012 at 5:06 PM

I’m not sure I care about this. The interest isn’t paid to gov’t – the loans are still made by private banks. It is just that the gov’t guarantees repayment of the loans, which allows the loans to be given out at a lower interest rate.

While I don’t think the gov’t should be as heavily involved in the business of financing higher education (not every kid needs to go to college, third-party payer problems raise the cost of education exponentially, etc), but as far as those people already with loans, it doesn’t bother me to extend the lower interest rate for a period.

This is a bit of theater and nothing more. It should not effect the debt or deficit as it is not a transaction between the student and gov’t, it is between the student and a bank, with the gov’t standing as surety.

Monkeytoe on April 23, 2012 at 5:07 PM

Hey Allahpundit…..don’t forget to tell all of us lemmings what Obama has done for us (lately), before the night’s out. We wouldn’t want to get the wrong impression.

Rovin on April 23, 2012 at 5:07 PM

If Romney were to come out tomorrow and announce he was going to raise taxes, implement cap and trade, and work on a new trillion dollar stimulus bill, his supporters would not budge an inch because he’s still “better than Obama.” Doomberg on April 23, 2012 at 5:03 PM

^^^This is too true.^^^

totherightofthem on April 23, 2012 at 5:07 PM

the country is not strong enough to go Cold Turkey from Obamaism. We will need transitions.

The big economy stuff is the regs/fear/O.care etc. These need to be the main focus…that, and stop the cronism…save money that way.

r keller on April 23, 2012 at 5:07 PM

Never miss an opportunity to keep your mouth shut.

These were not going to expire on your watch, Mitt. Why take a position at all?

Dumb dumb dumb.

TexasDan on April 23, 2012 at 5:08 PM

So you’re FOR continuing to spend money we don’t have and passing the debt on to our children.

Thanks for clearing that up.

Willard is EXACTLY the right candidate for you.

HondaV65 on April 23, 2012 at 5:06 PM

He’s the type of guy who would excuse anything Romney does even if Romney came out of the closet as a flaming liberal. His mind, body and soul are thoroughly owned by the Romney campaign.

eva3071 on April 23, 2012 at 5:08 PM

Shaddup, Mutt.

annoyinglittletwerp on April 23, 2012 at 4:46 PM

Mitt.

annoyinglittletwerp on April 23, 2012 at 4:47 PM

Obama is going to eat Mitt.

upinak on April 23, 2012 at 5:08 PM

Okay, which do you want him to do… pass the Ryan budget or reduce the size of government? Because the Ryan budget most certainly does not reduce the size of government. In fact, to call the Ryan budget “conservative” is laughable on its face. The Obama budget vs. the Ryan budget is Statist vs. Statist Lite.

Shump on April 23, 2012 at 5:00 PM

Pass the Ryan budget(or any budget for that matter!) first. Then start to cut, consolidate, and eliminate departments of government as Romney’s pledged to do. If he fails to do this, then we’ll primary his ass in 2016. But if we freak out over $5.6 billion with a damn $1.3 trillion annual deficit hanging over our heads, we’re gonna hand reelection to Obama. Big picture, people.

Doughboy on April 23, 2012 at 5:08 PM

I have two kids paying on student loans and another who’s going to start needing one in a year- there are actually some of us Romney voting conservatives who appreciate this decision.

BettyRuth on April 23, 2012 at 5:09 PM

Neutralizing the youth idiot vote for Obama is worth this pander.

And there’s no reason for student loan rates to rise when the rate of those doing the loaning it isn’t rising.

profitsbeard on April 23, 2012 at 5:09 PM

So you’re FOR continuing to spend money we don’t have and passing the debt on to our children.

Thanks for clearing that up.

Willard is EXACTLY the right candidate for you.

HondaV65 on April 23, 2012 at 5:06 PM

Again, I think the entire gov’t financing of higher education (through grants, loans, guaranties, etc.) needs to be seriously reformed.

But this has nothing to do with spending gov’t money (except to the extent a student defaults altogether and the gov’t has to pay). In these loans, the gov’t does not lend the money, they merely guaranty to a bank that the money will be repaid. Thus, if a student pays a higher interest rate, that money does not go to the gov’t, but to the bank. The gov’t only pays when the student defaults. So a lower interest rate is not “the gov’t spending money”.

Monkeytoe on April 23, 2012 at 5:09 PM

Paging BlueGill
Paging Buy An Apple Danish
Paging CSDeven

Come in Mitt-tards and defend this.

angryed on April 23, 2012 at 5:10 PM

This is what happens when you pick a RINO. I guess I will vote for him if I’m not too busy on election day. However, I won’t be asking my friends and family to vote for him, I won’t be defending him for the stupid things he says like this, and I certainly won’t give a dime to his RINO campaign.

Dollayo on April 23, 2012 at 5:10 PM

This is what happens when you pick a RINO. I guess I will vote for him if I’m not too busy on election day. However, I won’t be asking my friends and family to vote for him, I won’t be defending him for the stupid things he says like this, and I certainly won’t give a dime to his RINO campaign.

Dollayo on April 23, 2012 at 5:10 PM

Amen. The only thing I disagree with you on is that I am already booked for November the forth so I unfortunately won’t be able to vote.

eva3071 on April 23, 2012 at 5:12 PM

50th look at Santorum?

Rixon on April 23, 2012 at 5:12 PM

Only 2 weeks since he won the nomination and already he’s flipped on

- amnesty for illegals
- student loans

Anything else I missed?

angryed on April 23, 2012 at 5:13 PM

Pander-monium.

kingsjester on April 23, 2012 at 5:13 PM

Paging BlueGill
Paging Buy An Apple Danish
Paging CSDeven

Come in Mitt-tards and defend this.

angryed on April 23, 2012 at 5:10 PM

See my comment at:

Monkeytoe on April 23, 2012 at 5:09 PM

And I’m not a huge Romney guy. I am begrudgingly planning on voting for him, that is it. However, if he decides to offer up an amnesty (something he has given indications of doing) to try and win the Hispanic vote, I won’t bother voting in the presidential election.

but, this is not a matter of the gov’t spending money. It is not adding to the deficit or debt as far as I can see to extend the low interest rate. there may be other provisions in the bill they are talking about that do that, but the issue with gov’t guaranteed college loans doesn’t do that.

Monkeytoe on April 23, 2012 at 5:13 PM

Farking $15T in debt and Willard still don’t know we can’t afford this!

HondaV65 on April 23, 2012 at 5:04 PM

The difference between Romney and Obama is that Romney asctually DOES have a “stash!”

CycloneCDB on April 23, 2012 at 5:13 PM

Never miss an opportunity to keep your mouth shut.

These were not going to expire on your watch, Mitt. Why take a position at all?

Dumb dumb dumb.

TexasDan on April 23, 2012 at 5:08 PM

This is what I was thinking. Unless someone specifically asked him about this, why did he feel compelled to offer an opinion at all? Does he really think the youth vote is going to be all that strong in November?

Bitter Clinger on April 23, 2012 at 5:13 PM

Meh …this is a no-brainer.

I’d much rather Romney offer up this cost than some green power bullshit.

The Ugly American on April 23, 2012 at 5:14 PM

- amnesty for illegals
– student loans

Anything else I missed?

By the time summer hits, the list will be a lot longer.

eva3071 on April 23, 2012 at 5:14 PM

Congratulations GOP!

You’ve managed to nominate another moderate liberal!

Another one who’s ompletely incapable of defending limited government!

McCain 2008 Redux, here we come!

Ron Paul is starting to look better and better.

http://youtu.be/kG2uDf2F3cA

fatlibertarianinokc on April 23, 2012 at 5:14 PM

Fool! One issue after another will be squandered…RINO’s will be ecstatic!!!

winston on April 23, 2012 at 5:14 PM

but, this is not a matter of the gov’t spending money. It is not adding to the deficit or debt as far as I can see to extend the low interest rate.
Monkeytoe on April 23, 2012 at 5:13 PM

Huh? Of course it adds to the debt. If market rate for a loan is 5% and the govt gives out the loan at 2%, that 3% difference is a cost to the taxpayer.

angryed on April 23, 2012 at 5:16 PM

There’s a reason why Mitt was DEAD LAST on our list.

Typicalwhitewoman on April 23, 2012 at 5:17 PM

I have two kids paying on student loans and another who’s going to start needing one in a year- there are actually some of us Romney voting conservatives who appreciate this decision.

BettyRuth on April 23, 2012 at 5:09 PM

“Conservatives” for Romney: we only support socialism when it directly benefits us.

Armin Tamzarian on April 23, 2012 at 5:18 PM

Let this idiot run his campaign his way, but we won’t compromise what we know is right in the House. Hold strong GOP.

Daemonocracy on April 23, 2012 at 5:18 PM

Meh …this is a no-brainer.

I’d much rather Romney offer up this cost than some green power bullshit.

The Ugly American on April 23, 2012 at 5:14 PM

Give him time

Dollayo on April 23, 2012 at 5:19 PM

This is what happens when you pick a RINO.
Dollayo on April 23, 2012 at 5:10 PM

.
Really? You think he should say the opposite and help Obama energize the students?
Romney said “I fully support the effort to extend the low interest rate on student loans,”
It doesn’t mean anything as Romney is not yet an elected official. It’s no different that you as a private citizen saying, “I support LincolntheHun’s promotion to Shogun.”

LincolntheHun on April 23, 2012 at 5:19 PM

So does the “tea party” Gov Rick Scott, here in Flor duh.

bazil9 on April 23, 2012 at 5:19 PM

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