Political Quotes

“We can just take a very quick look at the math. If it's a $100,000 debt and it's 3.4 percent--and you're paying just the interest rate, not the principal of the loan--you're talking about $3,400 a year that you would be paying at the current rate. Double it, you're talking $6,800 a year. So just that alone, without paying down the principal, you're looking at a very significant burden on a person that's leaving school, graduating just this year. We need to deal with that. And the effort that's under way here by the Democrats in Congress--and also by President Obama, who's put forth, I think, a very solid program--gives the students an opportunity. This is a very interesting chart here, Mark. And I think it's one that you're aware of. I know you've paid off your loan now, but that group hasn't.”