Romney Sympathizes With Young Voters On Student Debt

The future opportunities of young voters has really taken a hit under Obama's policies. Romney is trying to capitalize on the youth vote's lack of enthusiasm for the president. From CBS News:

Republican presidential candidate Mitt Romney on Monday embraced a student loan proposal that President Barack Obama is selling on the campaign trail.

"I think young voters in this country have to vote for me if they're really thinking of what's in the best interest of the country and what's in their personal best interest," Romney said as he stood next to Rubio, R-Fla.

House Republicans have said the estimated $6 billion annual cost of extending low-interest rates for student loans isn't affordable without offsetting cuts but that they are still deciding whether to support a temporary extension. Obama has started pushing Congress for the extension and planned a three-state tour this week to warn students of the potential financial catastrophe they will face if Congress fails to act.

Interest rates are set to double on July 1, from 3.4 percent to 6.8 percent, on a popular federal loan for low- and middle-income undergraduates.

"I support extending the temporary relief on interest rates for students," Romney said Monday, a day before five states hold primaries, though he did not offer specifics on how the extension should be paid for or how long it should last. He said he supports the extension because of "extraordinarily poor conditions in the job market."

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published this page in In The News 2012-04-24 10:54:28 -0400
Analysis & Political Strategy