VIDEO: President Obama at University of Iowa, on Student Loans



"These guys don't get it. This IS the economy."

"What economy are they talking about? YOU are the economy!"

"This isn't class warfare, we want EVERYone to succeed."

"I believe in YOU."

  • Bill Heffner

    Keeping the interest at 3.something percent is all very well, but he's rearranging the deck chairs on the Titanic. The problem is not interest on student loans, it's the loans themselves and the cost of college education. This is tokenism, and "This IS the economy" is nonsense. The fact the the interest on a $106,000 debt incurred for a college education is kept at 3% is about as helpful as installing screen doors on a submarine.