STUDENT LOANS SKYROCKETED 463 PERCENT UNDER OBAMA

President Obama won two national elections in large part due to the hard work and support of struggling American college students, who believed his promised reforms would alleviate their financial difficulties and souring job prospects.

Five years later, under the president’s watch, cumulative student loan debt owed to the U.S. federal government has increased 463 percent.

CNSNews recently reported that student debt levels have deepened substantially–and at an accelerated rate–during Obama’s time in office. In fact, student debt increased 509 percent faster under Obama than under Bush.

The money is owed directly to the federal government, which has become the biggest player in the student loan game by effectively crowding out private lenders. JPMorgan Chase, for instance, stopped authorizing student loans last month, citing limited growth potential and the unstable debt situation.

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  Mr. Murphy, what are you new around here or something? These little darlins that you seek a break

 for, are for the MOST part the same industrius individuals, who worked overtime to raise funds

and send Obama back for four more years. How about if someone gives the taxpayers a much needed

break? I live in a college town and many of these "poor" young people still defend him! That's right

many(not all) still loves the DOG that bit the hand that fed him. If a student college age can't do the

math and understand how much money is involved in large loans, then maybe they should be back

in middle school learning basic math! I see no reason to help eat the debt your kid incurred getting his college education. If these "young people" mount huge debts going to college, well yes they should be required to pay it back. In closing sir, I think your solution sucks! 

Its simple, you take out a "loan" you pay it back. It was not in a foreign language they did not understand whey they SIGNED a form requiring they would pay the money back. Not much difference from the recent mortgage crisis.

this is one of the reasons Obama and the democrats demonized the banks....Obama saw those banks profiting billions of dollars in the interest payments off those student loans, so Obama said...hey I want that money...so he took it over, and now Obama has billions of student loan interest coming into the government's coffer's.....the same with obamacare....now the government has control of over one/sixth of our economy, plus the complete control of our personal information..through obamacare, the nsa and the irs. everything this administration does is for control and power, and to defeat the republican party, to promote the progressive movement, and to maintain the power in Washington. soon there will be 2500 drones over the sky's of this country, supposedly under the guise of protection from terrorism....yea...right....

YOU REAP WHAT YOU SOW! you put him in now try and live with it .

Zeig Hiel !         Zeig Hiel !         Zeig Hiel Mein Furher !

Zeig Hiel George Soros !         Zeig Hiel Bill Gates !

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ALERT ALERT

Rudy Fires Warning Shot – Going to Release Evidence on the Biden’s Millions in Corrupt Deeds!

President Trump’s personal attorney and former New York City Mayor Rudy Giuliani dropped a bomb this morning warning that he is going to start revealing documents related to the Biden Family’s corrupt and criminal dealings in the Ukraine and elsewhere around the world.

Rudy tweeted:

Everything I tried to tell the press last March is now coming out, and more. I will now start to reveal the evidence directly to you, the People. The Biden Family Enterprise made millions by selling public office. Then when Joe was Obama’s Point Man, they ALL made millions.

Rudy Giuliani    @RudyGiuliani
 

Everything I tried to tell the press last March is now coming out, and more. I will now start to reveal the evidence directly to you, the People. The Biden Family Enterprise made millions by selling public office. Then when Joe was Obama’s Point Man, they ALL made millions.

It’s time to take these criminals from the Obama Administration to task.  The Bidens, Obamas and the Clintons were criminal enterprises.

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