Romney Backs Extension Of Student Loan Relief | WAMU 88.5 - American University Radio

NPR : News

Romney Backs Extension Of Student Loan Relief

Mitt Romney on Monday endorsed the idea of extending a law that curbs interest rates paid by some recipients of federal student loans, a cause that President Obama has made a campaign issue.

"Particularly with the number of college grads that can't find work or that can only find work well beneath their skill level, I fully support the effort to extend the low interest rate on student loans," Romney told reporters before a campaign event in Aston, Pa., NPR's Ari Shapiro reports.

"I support extending the temporary relief on interest rates for students as a result of student loans in part because of the extraordinarily poor conditions in the job market," Romney said.

Obama is scheduled to talk about student loan interest rates Tuesday during visits to the University of North Carolina, Chapel Hill and the University of Colorado, Boulder, and Wednesday during a visit to the University of Iowa in Iowa City. North Carolina, Colorado and Iowa are all important swing states in the general election.

"This is a question of values," Obama said in his weekly radio address on Saturday. "We cannot let America become a country where a shrinking number of people do really well, while a growing number of people struggle to get by."

Without congressional action, interest rates on subsidized federal Stafford loans for undergraduates would double on July 1, from 3.4 percent to 6.8 percent. In 2007, Congress voted to temporarily cut the rate, and that cut expires in July.

Copyright 2012 National Public Radio. To see more, visit http://www.npr.org/.

NPR

No Small Feat: The NBA's Shortest Player Never Gave Up

At 5 foot 3, Muggsy Bogues holds the record as shortest player in NBA history. Criticism of his height started on the basketball courts of the Baltimore projects, and continued well into his career.
NPR

Tracing A Gin-Soaked Trail In London

Around the world, new gin distilleries are popping up like mushrooms after a rain. NPR traces the boom to its historic roots in London, which once had 250 distilleries within the city limits alone.
NPR

Ranting And Throwing Papers: An Angry Candidate Runs For Congress

State Rep. Mike Bost's rants on the Illinois House floor are the stuff viral dreams are made of. Bost says he has good reason to be upset, and wants voters to share his anger.
NPR

Israel's Solar-Powered 'Trees': For Smartphones And Community

The man-made trees are designed to create a public space where people can gather and re-charge a battery — their own and their smartphone's.

Leave a Comment

Help keep the conversation civil. Please refer to our Terms of Use and Code of Conduct before posting your comments.