Source:The White House– President Barack H. Obama (Democrat, Illinois)
“In his weekly address, President Obama notes that while college education has never been more important, it has also never been more expensive, which is why he proposed major new reforms this week to make college more affordable for middle class families and those fighting to get into the middle class.”
From The White House
Even if President Obama had any shot at getting any of these proposals through either chamber in Congress, let alone the Republican House, he is only talking about things that would help at the margins that wouldn’t make much of a difference.
The problem is the student loan system as a whole that people no matter what start out in life even if they don’t graduate, with a twenty-thousand or more debt on their plate looking for a job where money will be tight just to cover their cost of living.
So what the President should be talking about instead, is moving past college loans and making college affordable for all parents with universal higher education, creating a payment system similar to a mortgage were parents could put money away that would be matched for their kids college education from k-12 and by the time they graduate high school, would have this money to cover their college tuition.
