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Obama: I only paid off my student loans eight years ago
ABC News ^ | 04/24/2012 | Olivier Knox

Posted on 04/24/2012 1:12:29 PM PDT by SeekAndFind

President Barack Obama, courting young voters crucial to his reelection, told a rowdy college-age crowd at the University of North Carolina at Chapel Hill on Tuesday that he knows first-hand about the burden of student loans because he only managed to pay his back a scant eight years ago.

"Michelle and I, we've been in your shoes," Obama, who turns 51 in August, told a cheering, capacity crowd of 8,000 at Carmichael Arena.

"Check this out, all right. I'm the president of the United States. We only finished paying off our student loans off about eight years ago. That wasn't that long ago. And that wasn't easy--especially because when we had Malia and Sasha, we're supposed to be saving up for their college educations, and we're still paying off our college educations," he said.

The president's emphasis on his modest upbringing seemed designed to invite comparisons to presumptive Republican nominee Mitt Romney. The White House has denied specifically targeting the multi-millionaire financier with such attacks even as the Obama campaign has pointedly attacked Romney's personal finances.

Obama's stop in North Carolina was the first on a two-day, campaign-style swing through battleground states to reengage young voters who powered his historic 2008 campaign but seem less enthused about the 2012 election. His chief policy message was an appeal for Congress to pass legislation to stop interest rates on a popular student loan from doubling July 1 from 3.4 percent to 6.8 percent. "I didn't just read about this. I didn't just get some talking points about this. I didn't just get a policy briefing on this," the president said to laughter from the crowd.

(Excerpt) Read more at abcnews.go.com ...


TOPICS: Culture/Society; News/Current Events
KEYWORDS: classwarfare; obama; obamalies; obamastudentloans; studentloans
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To: OpusatFR

Tony Rezko paid off my student loans eight years ago.

There. Fixed it.


21 posted on 04/24/2012 1:28:02 PM PDT by Buckeye McFrog
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To: LucyT

hmmm... ping

“We [Michelle and I] only finished paying off our student loans off about eight years ago. “


22 posted on 04/24/2012 1:29:08 PM PDT by thouworm (.)
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To: SeekAndFind

Isn’t that when George Soros started fire-hosing money to him?


23 posted on 04/24/2012 1:29:39 PM PDT by E. Pluribus Unum (Do I really need a sarcasm tag? You're really that dense? Really?)
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To: SeekAndFind
He could be speaking strictly about his law school loans. He took a 5 year break between Columbia and Harvard Law.

I'd love to see how he paid for his undergrad degree.

24 posted on 04/24/2012 1:29:45 PM PDT by CaptainK (...please make it stop. Shake a can of pennies at it.)
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To: RC2

I hate to do this, because it’s just not me to criticize typos and misspellings. However, this one is so glaring. It’s not payed, it’s paid. I hope my little reminder helps you in the future.


25 posted on 04/24/2012 1:30:03 PM PDT by 1lawlady (To G-d be the glory. Great things He has done!)
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To: SeekAndFind
Today's speech was extraordinary. So, the students want the low college loan interest to stay low, but are not pushing Obama to step out of the way of businesses that create the jobs they will need to pay off the loans at any interest rate. OK, that makes sense. To an 18 year old. Out of sympathy for the Obamas, purportedly paying off their own student loans a mere 8 years ago. Either of them COULD have chosen to go to state schools and not incurred so much debt. Why would they have wanted to go to those white enclaves anyway?
26 posted on 04/24/2012 1:30:21 PM PDT by EDINVA
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To: RC2

I hate to do this, because it’s just not me to criticize typos and misspellings. However, this one is so glaring. It’s not payed, it’s paid. I hope my little reminder helps you in the future.


27 posted on 04/24/2012 1:30:29 PM PDT by 1lawlady (To G-d be the glory. Great things He has done!)
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To: SeekAndFind

I thought he said just last week that he wasn’t born with a silver spoon in his mouth - somebody had to give him his education - it’s time he releases all his records to the public so we can see just exactly how he did manage to afford his degrees at some of the priciest schools in the country.......


28 posted on 04/24/2012 1:31:15 PM PDT by Intolerant in NJ
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To: ebersole
Was this when he attended college as Barry Soetero ?
29 posted on 04/24/2012 1:32:30 PM PDT by Eric in the Ozarks
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To: thouworm

Poor little Barack.


30 posted on 04/24/2012 1:32:48 PM PDT by luvbach1 (Stop the destruction in 2012 or continue the decline)
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To: SeekAndFind

“Check this out, all right.”

So presidential


31 posted on 04/24/2012 1:35:08 PM PDT by Gil4 (Sometimes it's not low self-esteem - it's just accurate self-assessment.)
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To: ScottinVA

Let’s see the proof.


32 posted on 04/24/2012 1:35:31 PM PDT by donna (...gay couples raising kids. That's the American way... -Mitt Romney)
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To: Uncle Slayton

The BOZO (head muslim in charge) living in the white hut never had a loan from anyone, he was given his degree by affirmative action gifts to magic negro’s.


33 posted on 04/24/2012 1:37:49 PM PDT by tiger63
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To: SeekAndFind

Blow it out your ear, Obamaloon.

Like anyone actually believes you any more.

You lying sack of sh...er....socialism.


34 posted on 04/24/2012 1:38:42 PM PDT by Da Coyote
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To: Autonomous User
So he was in default on those loans for 20 years before he paided it off? Only in america.

******

Occidental College in California: A reporter should pin Obama down and have Obama explain if he got a student loan at Occidental College. The reporter should then ask: If he did get such a loan, would he give reporters permission to look at his loan papers at Occidental?

A reporter should also ask Obama when he started paying off his Occidental loan, because I'm thinking that Obama must have been in a lot of debt if he had college loans at Occidental, Columbia, and Harvard Law School.

Did Obama receive help at Occidental as a foreign student?

If Obama would allow reporters to examine his loan papers at Occidental, the question of whether or not Obama received help as a foreign student would be answered.

Of course, don't hold your breath, because Obama will never voluntarily allow the public to examine his Occidental loan papers for obvious reasons: Information in those loan papers could do severe damage to Obama's political career.

35 posted on 04/24/2012 1:40:17 PM PDT by john mirse
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To: 1lawlady

It could have been worse - see post 2 (paided)


36 posted on 04/24/2012 1:41:24 PM PDT by Gil4 (Sometimes it's not low self-esteem - it's just accurate self-assessment.)
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To: gov_bean_ counter

I think in the spirit of openness and transparency he would show the kids how much college cost him and the strategy he used to pay off the debts.


37 posted on 04/24/2012 1:41:56 PM PDT by taterjay
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To: Uncle Slayton

All the FAFSA docs I’ve ever seen explicitly say for U.S. citizens only. Typically, foreign govts (if not the students’ families) pay for their students who study in the U.S. Also, many U.S. colleges/universities like to claim they have students from X countries studying there, and will supplement what a foreign student cannot afford.


38 posted on 04/24/2012 1:42:50 PM PDT by EDINVA
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To: Hodar
A black child, from a single parent family went to some of the most prestigious colleges in America .... how did he pay for that?

His typical white grandmother was the VP of a bank. His grandparents were much more his family than their daughter was. he also went to a prestigious private school in Hawaii.

39 posted on 04/24/2012 1:45:02 PM PDT by El Gato ("The second amendment is the reset button of the US constitution"-Doug McKay)
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To: SeekAndFind
Prove it. Let's see the college tuition bills and payment receipts. (In fact, show anything that proves he was even enrolled in the college.)

The Saudis have unlimited cash, so my guess is his tuition was "well paid" in advance (so the college would overlook "stuff" in case he failed or never showed up). My guess is he's talking about his wife's loans? Why would he owe anything as a foreign exchange student sent here by the very, very rich Saudis?

40 posted on 04/24/2012 1:46:42 PM PDT by concerned about politics ("Get thee behind me, Liberal")
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