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Playing fast and loose with the facts

May 3, 2012
Lewistown Sentinel

Younger voters, including millions of college students, were a major factor in electing President Barack Obama in 2008. He is hoping they will rescue him again this year.

Obama has an issue - student loan rates - to use in wooing college students as he did in three campus visits last week.

Student loan interest rates are set to double, going from 3.4 percent to 6.8 percent, under a law enacted by a Democrat-controlled Congress a few years ago. Obama has been criticizing the change, though it would increase average loan repayments by only about $8 a month.

Just one thing he isn't telling students: The interest rate hike wouldn't affect most of them. Their loan interest rates are already locked in.

It is just one more example of Obama's talent for misleading Americans.

 
 

 

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