Political Quotes

Barack Obama: Taking action to stop the doubling of these rates will save students $1,000, on average, over the life of their loans.

On the recordApril 26, 2012
Taking action to stop the doubling of these rates will save students $1,000, on average, over the life of their loans.
Said by
Barack Obama
Democratic · Illinois

Editor's note · Context

Statement of Administration Policy: H.R. 4628 - Interest Rate Reduction Act

Share

More from Barack Obama

Jul 19, 2026

At least one of our major parties has been captured by politics that is not that subtle about suggesting that ‘We the people’ means a certain kind of people.

huffpost.com
Jun 25, 2026

It shows me somebody who’s not focused on the American people and the job they’re supposed to do.

salon.com

Other voices in this conversation