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November 02, 2012 10:00 AM Bill Clinton: College Students Should Vote for Obama

By Daniel Luzer

President Bill Clinton says college students should vote to reelect President Barack Obama based on his student loan policies alone. According to an article by Daniel Strauss at The Hill:

“The most important thing that President Obama has done that not nearly nobody knows about is reform the student loan program and to launch an [initiative] to help college universities and college cut the rate of inflation in half in college costs,” Clinton said Monday at a rally at the University of Central Florida. “Now let me tell you how the student loan program works. Everybody within the sound of my voice and everybody who reads this in the paper tomorrow or sees this on television should vote for Barack Obama over Gov. Romney on the student loan issue alone.”

Yes, everybody.

In contrast, Clinton said that Obama’s opponent, Gov. Mitt Romney, “wants to make college loans more expensive and harder to repay. On this issue alone every person within the sound of my voice should vote for Barack Obama.”

Romney spokeswoman Amanda Henneberg told Straus that “Governor Romney is offering real change for a real recovery, and will focus on affordable higher education options and a strong economy that gives every American the opportunity to succeed.”

That is a little less strong than “within the sound of my voice,” but there it is. Henneberg said that “with only half of new graduates able to find work that uses their degrees in the Obama economy, it’s clear that we can’t afford four more years like the last four.”

Romney’s plans to turn that problem around for college graduates are pretty vague (or, well, just terrible) but Henneberg is right about the jobs. About half, or 54 percent, of bachelor’s degree-holders under the age of 25 last year were jobless or underemployed. That’s the largest share since 2000, during the last major recession.

Daniel Luzer is the news editor at Governing Magazine and former web editor of the Washington Monthly. Find him on Twitter: @Daniel_Luzer

Comments

  • Robert Abbott on November 03, 2012 10:38 AM:

    I'm a baby boomer and having a degree from an elite university and no job was my experience back nearly forty years ago. Nobody not born into money has anything when they're just starting out. Juxtapose alongside the unemployed or underemployed degree holders those young people who have NO DEGREE and I bet you find that the latter are in even more straitened circumstances and will be for a longer period. The President is right. A degree is a major ticket into the middle class. Once you've paid some dues and shown an employer that you're an asset, you will be paid. That is the reason every middle class society sends its kids to university!!! Ask any Korean parent.