President Obama wrapped up his West Coast trip yesterday with a speech at the University of Nevada-Las Vegas, in which he highlighted the rising cost of college for American youth.
Speaking to approximately 2,000 college students and supporters, Obama told them, “I want to make it easier for more students like you to earn a degree without shouldering a mountain of debt.”
He noted the importance of having a college education for future job placement, mentioning that the unemployment rate for Americans with a college degree is nearly half the rate of the entire Unite States population.
The President offered his opinion that a college education is vital in today’s economy, saying, “Higher education can’t be a luxury; it’s an economic necessity.”
Obama then attempted to shift the blame for rising college costs to the House GOP members, claiming that Republicans were only willing to prevent rate increases on student loans if he removed certain portions of his healthcare bill.
When discussing the economy, Obama again attempted to pin the massive deficit spending, not on himself, but on Republicans, saying, “they ran up the deficit for over a decade!”
The UNLV speech marks the end of a two-day trip to California and Nevada, in which Obama also attended two fundraisers in Beverly Hills, slated to raise him more than $3 million.
About John Twarog
For some reason the President refuses to pursue this educational aspect. We all know, that college isn’t for everyone. Of course his closest contributor George Soros just gave millions of dollars to fund a college which teaches only his global perspective. Maybe that’s what the President was referring to….
As if the rate increase on student loans is a huge deal. Given that it apparently only applies to Stafford loans and that for undergraduates it is limited to about $23,000 (which oddly is just about the average student loan debt), we are only talking about $65 per month difference. Hardly the end of the world it is being portrayed as.
Economy was fine under the Democrats when Clinton was in office with the Barney Frank style enomocic policies. It was when the Republicans took over in 2000 did things go down hill.Clinton/Democrats gave Bush/Republicans a Budget Surplus, Job creation and while paying off the National Debt. Bush/Republicans gave Obama a destroyed economy, highest debt ceiling in history and a trillion + year deficit.Right Wing policies failed us.