Barack Obama
Related: About this forumObama signs bipartisan student loan bill into law.. YAY! Pete Souza Photo
Pete Souza: The pool press covers Pres Obama signing the student loan bill
http://theobamadiary.com/2013/08/09/news-of-the-day-16/
snip//
President Barack Obama Friday signed into law a bipartisan student loan bill which the House overwhelmingly approved late week. The Senate OKd the measure by a vote of 81 to 18 two weeks ago.
Without congressional action, interest rates on loans to college students were increasing from 3.4 percent to 6.8 percent. But under the law signed by Obama the interest rate for undergraduate loans will fall back to 3.86 percent. The interest rate on graduate student loans will be 5.41 percent.
Obamas signature on the bill ends months of arguments over how much the federal government should subsidize student loans and whether students in the next several years will face crushing repayment burdens if interest rates go up, as most observers expect they will.
snip//
At the signing ceremony at the White House, attended by King and other members of Congress, Obama said it "feels good signing bills. I haven't done this in a while."
http://nbcpolitics.nbcnews.com/_news/2013/08/09/19951265-obama-signs-bipartisan-student-loan-bill-into-law?lite
[font color=blue]THIS IS POSTED IN THE BARACK OBAMA GROUP[/font]
[font color=blue] BOG[/font]
sheshe2
(87,578 posts)I just love that statement Cha!
Thank you to to President Barack Obama!
http://theobamadiary.com/2013/08/09/news-of-the-day-16/
PBO
BOG
Cha
(305,447 posts)And, that's why this is such a Party~
What a President! Good signinig statement, she.. and all his Pens.. to give away and the archives!
I love the Black and White photo.. like the ol days. this is what compelled me to post.
BOG
sheshe2
(87,578 posts)It gives you far more clarity than color.
I sometimes prefer black & white.
Sometimes I need clarity, and I need to know whats right and whats wrong.
http://www.markbeeson.com/mark_beeson/2013/04/tom-turkey-today.html
BOG Cha~
Cha
(305,447 posts)me "clarity" on why I like it so much.
millennialmax
(331 posts)Cha
(305,447 posts)freshwest
(53,661 posts)Cha
(305,447 posts)got to sign the bill. I was worried for awhile that it wouldn't happen. But, the students activism paid off!
freshwest
(53,661 posts)Drunken Irishman
(34,857 posts)I wish we'd invest more in 'em!
summer-hazz
(112 posts)posting the b/w photo (love) and the video. I have been so stressed
about this as I have a daughter that will be a Senior this year. She is
graduating 2014 from Southern MS in Hattiesburg in MS. This is such great news, it brought tears to my eyes..
It was great to see our POTUS sign such an important bill. I have hope for the furture now...Thinking that an education would /could be out of reach for so many if the rates
were raised made me feel our children, all of them, would be lost without that very
important life experience, and the knowledge they will gain from a formal education... I will spread the news.... it's GREAT!!!!!
Cha
(305,447 posts)many! Glad it's going to help out your family, too!
Yeah, the B&W is so deliciously old-school!
Thank you for spreading the great news, sh~
Cha
(305,447 posts)DevonRex
(22,541 posts)Cha
(305,447 posts)DevonRex
(22,541 posts)Timely kicks!
TheObamaDiary.com @TheObamaDiary
Team Obama Biden (Scranton, Aug 23): pic.twitter.com/KuojZdqBGq11:18 AM - 23 Aug 2013
http://theobamadiary.com/2013/08/23/heads-up-president-obama-vp-biden-at-lackawanna-college/
Kath1
(4,309 posts)Thank you, President Obama! Love the old school B&W photo!
Cha
(305,447 posts)you!
Kath1
(4,309 posts)Missed all my fellow BOGers!