Posted on 04/25/2012 3:11:51 PM PDT by SunkenCiv
On his show Tuesday, Rush Limbaugh brought up a name that recently enveloped him in controversy: Sandra Fluke. But it wasn't about contraception. This time, the topic at hand was student loans. Saying Fluke is "coordinating" with the White House, Limbaugh noted the their similar tweets about rising interest rates on loans.
"Lookie here," Limbaugh said. "Barack Obama just warned the students at the University of North Carolina that interest rates on federal student loans will double if Congress doesn't act by July 1."
He then went on, mentioning one of Fluke's tweets:
"Word for word, what Sandra Fluke just tweeted herself. Of course, she is represented by operatives inside the White House. [...] 'Don't double my rate. Many students will see the interest rate on federal student loans increase if Congress doesn't act by July 1.' That's an exact tweet from Sandra Fluke! Obama just said the exact same thing, word for word, to the students at North Carolina!"
"Contraception isn't enough," Limbaugh said. "Some people want their education paid for by other people too."
Limbaugh then elaborated on his view of Fluke's connection to the White House:
"Sandra Fluke is just a poor, uh, isolated alone little college student worried about her contraception at Georgetown. But now she's represented by the flacks in the White House -- Hilary Rosen, Anita Dunn -- and they're coordinating with Obama, scaring students about the interest rates on their student loans."
Over at Business Insider, Brett LoGiurato noted another almost word-for-word tweet -- from the other side of the aisle:
Student loan rates set to double because a Democratic-controlled Congress voted to double them -- Speaker John Boehner (@SpeakerBoehner) April 24, 2012
(Excerpt) Read more at mediaite.com ...
Dang... I guess I’m out of touch. Learn something every day. :)
We are doing FAFSA ourselves with our middle class incomes. However, we would never stretch ourselves into the $60K a year education costs when there were less costly options even with FAFSA. That kind of over-reach is the problem, because it increases the demand on institutions if it is happening on a large, market distorting scale.
The financial aid which is achieved through FAFSA, brings up the issue of the rising costs the institutions of learning are charging the public. It is like the old issue of rent subsidies which increase the demand and cause an increase in the price of rent—making the price less affordable. I think this is the root of the problem which charlatans like Zer0 exploit with those who can barely count let alone comprehend Econ 101.
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