President Barack Obama urged Congress to limit student-loan rate increases, calling higher education an “economic imperative.”
Going to college is “an economic imperative that every family must be able to afford,” the President said Saturday in his weekly address.
Student-loan rates are set to be the next big issue split along party lines, and Obama hopes that his message of reasonable rates will resonate will younger voters as well as boost fellow Democrats.
“Republicans in Congress have voted against new ways to make college more affordable for middle-class families and voted for huge new tax cuts for millionaires and billionaires — tax cuts that would have to be paid for by cutting things like education and job-training programs that give students new opportunities to work and succeed,” Obama added.
