Obama Budget Doubles Student Loan Rate After Re-election

College students are being played for suckers by the Democratic Party again. Barack Obama’s 2013 budget indicates that the interest rate on federally backed student loans student loan will jump from 3.4 percent to 6.8 percent in the summer of 2013.  This comes as Obama is preaching his love for college students on campuses by virtue of his agreeing with the Republicans to limit the rate to 3.4 percent. The doubling of the rate will only occur eight months after Obama’s reelection can be attained. Contnue reading at: breitbart.com.

About Alan Berkelhammer

Opinions are my own and are not necessarily those of any organization or group.
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