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Obama stresses own struggle with loans on youth-focused trip
Chicago Tribune ^ | April 24, 2012

Posted on 04/24/2012 8:48:41 PM PDT by Oldeconomybuyer

(Reuters) - Describing his own struggle to pay off college debt and taking another dig at his likely White House rival's wealth, President Barack Obama sought on Tuesday to expand his popularity among young voters with a call to make education more affordable.

During a multi-state trip to highlight rising education costs, a key theme of his re-election campaign, Obama said he knew firsthand how paying for university could hurt families and ding the economy.

(Excerpt) Read more at chicagotribune.com ...


TOPICS: Business/Economy; Culture/Society; News/Current Events; Politics/Elections
KEYWORDS: election2012; free; obamanomics; obamastudentloans; socialism; studentloans
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Paying for university hurts families and dings the economy. Then why attend university?
1 posted on 04/24/2012 8:48:52 PM PDT by Oldeconomybuyer
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To: Oldeconomybuyer

he talked about himself?...that’s unusual....(extreme sarcasm)


2 posted on 04/24/2012 8:51:41 PM PDT by BookmanTheJanitor
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To: Oldeconomybuyer

Was he telling the truth about having a loan?
Who gave him a loan?
When did he get the first loan?
How many loans did he have?
Was it a Saudi bank loan?

I have many questions about this.


3 posted on 04/24/2012 8:53:41 PM PDT by SumProVita (Cogito, ergo...Sum Pro Vita. (Modified Decartes))
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To: Oldeconomybuyer

Barry is counting on the dumb and young to pull his Marxist @$$ out of the fire in November. It’s too bad “college” kids are so damn gullible.


4 posted on 04/24/2012 8:54:31 PM PDT by FlingWingFlyer (It's time for the 47% to start paying their "fair share" of income taxes.)
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To: Oldeconomybuyer

Does Barry want to reveal how he paid for college, who helped him through college, and under what category he was in college? Let’s see some fancy skating on thin ice.


5 posted on 04/24/2012 8:54:39 PM PDT by SERKIT ("Blazing Saddles" explains it all.......)
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To: Oldeconomybuyer

he had loans? well, then show us the loan paperwork, application, statement that says they were paid in full, etc etc etc. The moron does kind of set himself up for more and more scrutiny every day he wakes up.


6 posted on 04/24/2012 8:54:59 PM PDT by qaz123
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To: Oldeconomybuyer

For the kid attending a local state college...living the first two years out of dad’s house...getting dad to contribute half of the tuition...I doubt if the kid incurs more than $20k in student loan debt by the 4th year. The same is true for a community college goal and taking real technicial classes (HVAC, diesel mechanics, business accounting, etc)...a kid will do well.

If you go to an out-of-state school, with high tuition costs...you are simply adding years of misery onto your back. Once you get past $75k in loan issues...you’ve put yourself into a lousy position for the first decade of your life after leaving home.


7 posted on 04/24/2012 8:55:06 PM PDT by pepsionice
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To: SumProVita

If you examine the statement he made, he didn’t say “he”.

He said “we”.

Meaning the collective Barack and Michelle.

His part of the student loans of “we” could be 0% and her part could be 100% for all we know.


8 posted on 04/24/2012 9:01:22 PM PDT by Meet the New Boss
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To: Oldeconomybuyer

Yeah, I fear he still is paying back his “loans” for his education... Watch him bow, watch him put antisemitic policies into place...


9 posted on 04/24/2012 9:02:56 PM PDT by Yaelle
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until B.Hussein Obama UNLOCKS ALL his records I will not believe he even had a student loan..

show us your records and receipts..because he preaches Bull S__t and lies I will not believe him...

prove you had student loans Mr. president

10 posted on 04/24/2012 9:03:29 PM PDT by haircutter
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To: haircutter

Obama is talking about law school loans

cry me a river

he didnt have any loans at Occidental or Columbia.
his grandparents were rich.


11 posted on 04/24/2012 9:06:30 PM PDT by preamble
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To: Meet the New Boss

I had actually considered that as well.


12 posted on 04/24/2012 9:07:23 PM PDT by SumProVita (Cogito, ergo...Sum Pro Vita. (Modified Decartes))
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To: Oldeconomybuyer

I’m sure that having a wife being paid $350,000 per year by the University of Chicago whose duties were (1) wife of State Senator and (2) Diversity Consultant helped with those student loans.


13 posted on 04/24/2012 9:12:19 PM PDT by Rembrandt (.. AND the donkey you rode in on.)
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To: preamble

how do you know that???

did he tell you that?? he said he was on food stamps and welfare eating dogs for dinner...

he was a poor boy and Romney is a rich boy...that is their difference?


14 posted on 04/24/2012 9:13:20 PM PDT by haircutter
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To: qaz123
well, then show us the loan paperwork, application, statement that says they were paid in full, etc etc etc.

Who's going to make him?

Nobody, and he knows it.

Interesting times we live in.

15 posted on 04/24/2012 9:13:43 PM PDT by Rome2000 (Rick Santorum -Mission Accomplished)
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To: preamble
by the way...
you say his grandparents were rich, have you ever seen their estate published, was there an hertiance for the president or his children...wonder if there was a will??

I wonder a lot about this guy?? just where is he from and really is obama his daddy? hum................

16 posted on 04/24/2012 9:17:48 PM PDT by haircutter
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To: Oldeconomybuyer
Why indeed?

Unless you are stupid.
Ignorance can easily be cured by factual knowledge.
Stupid is not easily cured.

Am I supposed to pity the stupid idiots who went deeply into debt, to major in a liberal arts/political science/communications/womans studies/basketweaving degree?

err...part of every USA State's budget includes hefty taxpayer funds dedicated to “higher education”.

Can we all agree that the current funding system is an EPIC FAILURE, as far as taxpayers funds are concerned?

And I am supposed to pretend to care that the stupid idiots who took out massive loans to pay for their useless degrees, have recently discovered that they really ARE expected to pay for their own student loan debts?

Is not basic economics a required course?

17 posted on 04/24/2012 9:26:54 PM PDT by sarasmom ( http://www.youtube.com/watch?feature=player_embedded&v=xZsFe6dM3EY)
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To: Oldeconomybuyer
Why indeed?

Unless you are stupid.
Ignorance can easily be cured by factual knowledge.
Stupid is not easily cured.

Am I supposed to pity the stupid idiots who went deeply into debt, to major in a liberal arts/political science/communications/womans studies/basketweaving degree?

err...part of every USA State's budget includes hefty taxpayer funds dedicated to “higher education”.

Can we all agree that the current funding system is an EPIC FAILURE, as far as taxpayers funds are concerned?

And I am supposed to pretend to care that the stupid idiots who took out massive loans to pay for their useless degrees, have recently discovered that they really ARE expected to pay for their own student loan debts?

Is not basic economics a required course?

18 posted on 04/24/2012 9:32:54 PM PDT by sarasmom ( http://www.youtube.com/watch?feature=player_embedded&v=xZsFe6dM3EY)
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To: haircutter

Obama went to an exclusive private high school in Hawaii (punahoe)
his white grandmother sent him there. she was a VP at
a bank in Hawaii.

Do the math.

Who paid for Occidental College? She did. I doubt he got any financial
aid. no undergrad loans.


19 posted on 04/24/2012 9:35:57 PM PDT by preamble
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To: Meet the New Boss
After Harvard, he got a job at some big law firm but then quit to become a community organizer. His loans couldn't have been that much of a burden if he could afford to do that, so I'd say your 0/100 split on the loans is probably pretty close to the truth.

By the way, after reading that section of his book, I'm inclined to believe that his work at the law firm was sub-standard and the bosses told him that his chances of making partner were about zero, so he quit before being cut.

20 posted on 04/24/2012 9:54:44 PM PDT by VanShuyten ("a shadow...draped nobly in the folds of a gorgeous eloquence.")
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