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Funny, then, that the President couldn't be bothered even to vote for a similar bill back in 2007 . . . when he was campaigning for president the first time (and had the youth vote locked up).
With young college grads unable to find jobs enabling them to repay their loans -- fully 53% of young college grads are either un- or under-employed -- apparently, the most the President can do is rely on a government "fix" to improve their lives. But what's worth noting is that $36 billion is owed on student loans by Americans 60 and above -- what's more, more than 10% is delinquent.
It's worth noting that college tuition has already increased drastically -- in part because of the long-lasting Obama recession.
For now, a delay may be necessary . . . but the wiser long-term course is to hire a President with the capacity to see that young people are not un- or under-employed -- and who knows how to get the economy to grow, yielding economic activity that in turn funds universities, so that young people can get a decent education without selling their souls -- or their futures.
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