ASTON,
Pa. - As the White House ramps up its efforts to woo young voters by
encouraging Congress to avert a planned increase in student loan
interest rate, beat GOP Presidential frontrunner Mitt Romney back on
Monday, throwing its support behind an expansion of the Current prices for a campaign event outside Philadelphia.
The former Massachusetts governor made the statement at a press availability with Senator Marco Rubio, the first joint appearance Romney and the Florida Republican whose name is often floated as a top choice for his running mate.
"There is one thing I wanted to mention that I forgot to mention in the beginning, and that was that particularly the number of college graduates who can not find work or who can only work well below their skill level, I fully support out efforts to extend the low interest rates on student loans, "Romney said at the end of a seven-minute joint press conference with Rubio.
"There was some concern that it would expire halfway through the year, and I support extending the temporary relief on the interest rates for students as a result of student loans, of course, partly because of the extraordinarily poor conditions in the labor market."
The announcement comes in the wake of an Associated Press report showing that half of recent college graduates are unemployed or underemployed.
Obama dedicated his weekly address to the subject of federal student loans, are pushing for a renewal of the Congress of 2007-the law to keep rates at 3.4 per cent. The rates will return to 6.8 percent in July if Congress fails to act. According to the White House, more than 7 million students will be affected by trends in interest rates.
On Monday, called the White House, Romney support for enlargement in accordance with previous training aid cuts.
"Mitt Romney continues to make promises that he can not keep," said Lis Smith, a spokeswoman for the Obama campaign. "While he has previously approved the Ryan budget, which would make deep cuts in Pell Grants and allow student loan rates to double, and last week said he would gut the Department of Education to pay his tax plan today, we heard yet another - and contradictory - position from Romney on student loans. "
Also on Monday, said Sen. Tom Harkin (D-Iowa), chairman of the Education Committee, he plans to introduce a bill later this week that would extend the lower interest rate for one year. He said that lawmakers could then consider adopting a more permanent change when the Higher Education Act comes up for renewal next year.
"Unfortunately, the clock is ticking," he said in a conference call with reporters. "We need Republicans in Congress to work with us."
Harkin said he opposed using other cutbacks in education to pay for the expansion, estimated to cost $ 6 billion, but he had not yet determined how to pay for it. Obama is slated to speak at Harkin homeland on Wednesday about the rising costs of college education and mounting student debt.
The Office of House Speaker John A. Boehner (R-Ohio) responded to Romney's move by noting that members of both parties on both sides of the Capitol "will be working on this issue in the coming months."
But the top House Republican also framed the expected increase in Stafford loan rates as a result of Democratic policies.
"The rising cost of tuition is a serious problem for students and their families, so it's unfortunate that Washington Democrats introduced a bill that would double the student loan rates," Boehner spokesman Michael Steel said.
Senator Charles E. Schumer (NY), the No. 3 Senate Democrat and the party's messaging chief in the upper chamber, said that "what Mitt Romney said - after the president's lead - is a good thing, but proof is in the pudding."
"It is unclear whether this is just a way to get on board a popular topic, or an attempt to actually get something done," Schumer said. "We'll see how it unfolds over the next few weeks. If Mitt Romney says the Senate and the House Republican leadership," Find a compromise pay-for, "it would be very helpful.
"But if they just going to say we are for it - but not to pay for it in any way that can pass, not for failing to pay for it - it's a game," he added.
Obama's reelection campaign has been searching for ways to breathe new life into the young voters who provided much of the enthusiasm that helped propel the president to victory four years ago. A poll last week at Georgetown University and the Public Religion Research Institute found that the top issues for young voters are jobs and unemployment. Education was virtually tied with the federal deficit for second place.
"We're not particularly concerned about the President's appeal to young voters. We think he has the right vision and the right answers that are gonna appeal to the voters," Obama's campaign policy director, James Kvaal, said Monday. "The issue we have discussed today is a good example of why."
On Tuesday Obama will travel to Colorado and North Carolina to continue its student-loan pressure with campaign events at the University of Colorado at Boulder and University of North Carolina at Chapel Hill. On Wednesday, he will visit the University of Iowa.
Romney has often been the case along the path that young people should support his campaign rather than Obama's because of the country's economic struggles.
Romney renewed this argument on Monday, claims that young voters' questions at the support they gave Obama three and a half years ago. "
"I think the young voters in this country have to vote for me if they really think about what is in the best interest of the country and what is in their personal best interest, because the president's policies have led to extraordinary statistic, "Romney said.
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The former Massachusetts governor made the statement at a press availability with Senator Marco Rubio, the first joint appearance Romney and the Florida Republican whose name is often floated as a top choice for his running mate.
"There is one thing I wanted to mention that I forgot to mention in the beginning, and that was that particularly the number of college graduates who can not find work or who can only work well below their skill level, I fully support out efforts to extend the low interest rates on student loans, "Romney said at the end of a seven-minute joint press conference with Rubio.
"There was some concern that it would expire halfway through the year, and I support extending the temporary relief on the interest rates for students as a result of student loans, of course, partly because of the extraordinarily poor conditions in the labor market."
The announcement comes in the wake of an Associated Press report showing that half of recent college graduates are unemployed or underemployed.
Obama dedicated his weekly address to the subject of federal student loans, are pushing for a renewal of the Congress of 2007-the law to keep rates at 3.4 per cent. The rates will return to 6.8 percent in July if Congress fails to act. According to the White House, more than 7 million students will be affected by trends in interest rates.
On Monday, called the White House, Romney support for enlargement in accordance with previous training aid cuts.
"Mitt Romney continues to make promises that he can not keep," said Lis Smith, a spokeswoman for the Obama campaign. "While he has previously approved the Ryan budget, which would make deep cuts in Pell Grants and allow student loan rates to double, and last week said he would gut the Department of Education to pay his tax plan today, we heard yet another - and contradictory - position from Romney on student loans. "
Also on Monday, said Sen. Tom Harkin (D-Iowa), chairman of the Education Committee, he plans to introduce a bill later this week that would extend the lower interest rate for one year. He said that lawmakers could then consider adopting a more permanent change when the Higher Education Act comes up for renewal next year.
"Unfortunately, the clock is ticking," he said in a conference call with reporters. "We need Republicans in Congress to work with us."
Harkin said he opposed using other cutbacks in education to pay for the expansion, estimated to cost $ 6 billion, but he had not yet determined how to pay for it. Obama is slated to speak at Harkin homeland on Wednesday about the rising costs of college education and mounting student debt.
The Office of House Speaker John A. Boehner (R-Ohio) responded to Romney's move by noting that members of both parties on both sides of the Capitol "will be working on this issue in the coming months."
But the top House Republican also framed the expected increase in Stafford loan rates as a result of Democratic policies.
"The rising cost of tuition is a serious problem for students and their families, so it's unfortunate that Washington Democrats introduced a bill that would double the student loan rates," Boehner spokesman Michael Steel said.
Senator Charles E. Schumer (NY), the No. 3 Senate Democrat and the party's messaging chief in the upper chamber, said that "what Mitt Romney said - after the president's lead - is a good thing, but proof is in the pudding."
"It is unclear whether this is just a way to get on board a popular topic, or an attempt to actually get something done," Schumer said. "We'll see how it unfolds over the next few weeks. If Mitt Romney says the Senate and the House Republican leadership," Find a compromise pay-for, "it would be very helpful.
"But if they just going to say we are for it - but not to pay for it in any way that can pass, not for failing to pay for it - it's a game," he added.
Obama's reelection campaign has been searching for ways to breathe new life into the young voters who provided much of the enthusiasm that helped propel the president to victory four years ago. A poll last week at Georgetown University and the Public Religion Research Institute found that the top issues for young voters are jobs and unemployment. Education was virtually tied with the federal deficit for second place.
"We're not particularly concerned about the President's appeal to young voters. We think he has the right vision and the right answers that are gonna appeal to the voters," Obama's campaign policy director, James Kvaal, said Monday. "The issue we have discussed today is a good example of why."
On Tuesday Obama will travel to Colorado and North Carolina to continue its student-loan pressure with campaign events at the University of Colorado at Boulder and University of North Carolina at Chapel Hill. On Wednesday, he will visit the University of Iowa.
Romney has often been the case along the path that young people should support his campaign rather than Obama's because of the country's economic struggles.
Romney renewed this argument on Monday, claims that young voters' questions at the support they gave Obama three and a half years ago. "
"I think the young voters in this country have to vote for me if they really think about what is in the best interest of the country and what is in their personal best interest, because the president's policies have led to extraordinary statistic, "Romney said.
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