Below are excerpts of the President’s remarks as prepared for delivery —
“I am only standing before you today because of the chance my education gave me. So I can tell you with some experience that making higher education more affordable for our young people is something I’ve got a personal stake in. It’s something I’ve made a top priority of my presidency. And Ohio, it’s something that is very much at stake in this election.
“I say this because putting a college education within reach for working families doesn’t seem to be a priority my opponent shares.
“A few months ago, just up the road in Westerville, Governor Romney said if you want to be successful, if you want to go to college or start a business, you can just “borrow money if you have to from your parents.” And when a high school student in Youngstown asked him what he would do to make college more affordable for families like his, Governor Romney didn’t say anything about grants or loan programs that have helped millions of students earn their education; nothing about work-study programs, or rising college tuition; not one word about community colleges, or how important higher education is to America’s economic future. He said “the best thing I can do for you is to tell you to shop around.”
“That’s it – that’s his plan. That’s his answer for a young person hoping to go to college – shop around, borrow money from your parents if you have to – but if they don’t have it, you’re on your own.
“That’s not an answer. There is nothing a parent wants more than to give our kids opportunities we never had. And there are few things as painful as not being able to do that. But right now, as we’re still fighting our way back from the worst economic crisis in most of our lifetimes, many parents are struggling just to make ends meet. And I do not accept the notion that we should deny their children the opportunity of a higher education and a brighter future just because their families were hit hard by the recession.”
MEANWHILE, MITT ROMNEY STELLS STUDUENTS TO “SHOP AROUND
OBAMA CAMPAIGN RELEASES NEW DIGITAL TOOLS HIGHLIGHTING PRESIDENT’S EFFORTS TO BUILD STRONGER ECONOMY BY INVESTING IN QUALITY, AFFORDABLE EDUCATION
Student loan reform: The facts
President Obama vs. Mitt Romney
President Obama’s “Pay As You Earn” program caps monthly federal student loan repayment at 10% of monthly discretionary income, meaning that a responsible student can choose the college they want to attend based on their career goals and not only the price of tuition. Families can know that as long as students make their payments on time, they won’t owe more than they can reasonably afford each month.
Mitt Romney and Paul Ryan would roll back this plan, suggesting students “shop around” if they want to go to college.
See how the President’s plan is helping typical students afford college. HERE
Will post full videos of PBO’s speeches when available.