On April 25th the total amount of student loan debt in the U.S. is due to top 1 trillion dollars

[joshcryer]

11. As senator, Obama missed votes on student loan bill he now wants to extend

In 2007, then-Illinois Sen. Barack Obama missed two votes on the student loan interest bill that he now wants Congress to extend.

Obama twice skipped the Senate vote on the College Cost Reduction and Access Act when the bill came to the Senate floor first in July and again in September of 2007, according to public records.

The bill, introduced by Rep. George Miller (D-Calif.) and signed into law by President George W. Bush, first cleared the Senate in July on a 78 to 18 vote, with Obama as one of only four senators to abstain. Obama did not cast a vote again in September, after the House and Senate had ironed out different versions of the bill. He was on the conference committee assigned to merge the House and Senate versions of the bill.

He issued a statement when the bill was signed by President Bush, saying, "by investing in education we are restoring America's competitiveness in the world, and today is an important step forward."

http://www.politico.com/politico44/2012/04/as-senator-obama-missed-votes-on-student-loan-bill-121386.html

Politics.

Mitt has already embraced the student loan proposal.

They want to both court the youth vote.

Yeah, politics is that cynical.