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Cha

(296,848 posts)
Fri Aug 9, 2013, 10:43 PM Aug 2013

Obama signs bipartisan student loan bill into law.. YAY! Pete Souza Photo


Pete Souza: The pool press covers Pres Obama signing the student loan bill

http://theobamadiary.com/2013/08/09/news-of-the-day-16/

snip//

President Barack Obama Friday signed into law a bipartisan student loan bill which the House overwhelmingly approved late week. The Senate OK’d the measure by a vote of 81 to 18 two weeks ago.

Without congressional action, interest rates on loans to college students were increasing from 3.4 percent to 6.8 percent. But under the law signed by Obama the interest rate for undergraduate loans will fall back to 3.86 percent. The interest rate on graduate student loans will be 5.41 percent.

Obama’s signature on the bill ends months of arguments over how much the federal government should subsidize student loans and whether students in the next several years will face crushing repayment burdens if interest rates go up, as most observers expect they will.

snip//

At the signing ceremony at the White House, attended by King and other members of Congress, Obama said it "feels good signing bills. I haven't done this in a while."

http://nbcpolitics.nbcnews.com/_news/2013/08/09/19951265-obama-signs-bipartisan-student-loan-bill-into-law?lite

[font color=blue]THIS IS POSTED IN THE BARACK OBAMA GROUP[/font]

[font color=blue] BOG[/font]
21 replies = new reply since forum marked as read
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Obama signs bipartisan student loan bill into law.. YAY! Pete Souza Photo (Original Post) Cha Aug 2013 OP
Kick kick kick! sheshe2 Aug 2013 #1
thanks she for the Vid addition! Cha Aug 2013 #2
Black and White sheshe2 Aug 2013 #7
Mahalo for that, she.. it helps give Cha Aug 2013 #8
Kick! sheshe2 Aug 2013 #3
Love the choice of B&W. eom millennialmax Aug 2013 #4
As did I, max.. it's so strikingly old school.. Cha Aug 2013 #5
This sounds good. Much better than commercial rates. Now for more Pell Grants, please! freshwest Aug 2013 #6
the Students and their parents are happy, fresh! Finally Cha Aug 2013 #9
Truly, I thought it would not happen either. The GOP is trying to deny higher education to others. freshwest Aug 2013 #10
Pell grants got me through college. Drunken Irishman Aug 2013 #11
Cha... thank you for summer-hazz Aug 2013 #12
I know summer-hazz.. it's so important to so Cha Aug 2013 #13
Kicking for Reminder that it happened! Cha Aug 2013 #14
Kicking for importance!! nt DevonRex Aug 2013 #15
Mahalo Devon! Cha Aug 2013 #16
He was just talking about this in Scranton! DevonRex Aug 2013 #17
I'll say! Cha Aug 2013 #18
Great to see this become law! Kath1 Aug 2013 #19
Hey, Kath.. missed Cha Aug 2013 #20
Nice to be back! Kath1 Aug 2013 #21

sheshe2

(83,654 posts)
1. Kick kick kick!
Fri Aug 9, 2013, 11:01 PM
Aug 2013
Obama said it "feels good signing bills. I haven't done this in a while."


I just love that statement Cha!

Thank you to to President Barack Obama!


http://theobamadiary.com/2013/08/09/news-of-the-day-16/

PBO

BOG

Cha

(296,848 posts)
2. thanks she for the Vid addition!
Fri Aug 9, 2013, 11:12 PM
Aug 2013
"Obama said it "feels good signing bills. I haven't done this in a while."

And, that's why this is such a Party~

What a President! Good signinig statement, she.. and all his Pens.. to give away and the archives!

I love the Black and White photo.. like the ol days. this is what compelled me to post.

BOG

sheshe2

(83,654 posts)
7. Black and White
Sat Aug 10, 2013, 12:27 AM
Aug 2013

It gives you far more clarity than color.

Life is filled with vibrant hues and bold colors, but there are times when desaturation actually helps you see more clearly. Seeing in black & white awakens you to the contrast hidden in subtle shades of color. You may lose some beauty but you can gain some clarity.

I sometimes prefer black & white.

Sometimes I need clarity, and I need to know what’s right and what’s wrong.


http://www.markbeeson.com/mark_beeson/2013/04/tom-turkey-today.html

BOG Cha~

Cha

(296,848 posts)
9. the Students and their parents are happy, fresh! Finally
Sat Aug 10, 2013, 12:47 AM
Aug 2013

got to sign the bill. I was worried for awhile that it wouldn't happen. But, the students activism paid off!

freshwest

(53,661 posts)
10. Truly, I thought it would not happen either. The GOP is trying to deny higher education to others.
Sat Aug 10, 2013, 01:04 AM
Aug 2013

summer-hazz

(112 posts)
12. Cha... thank you for
Sat Aug 10, 2013, 01:37 AM
Aug 2013

posting the b/w photo (love) and the video. I have been so stressed
about this as I have a daughter that will be a Senior this year. She is
graduating 2014 from Southern MS in Hattiesburg in MS. This is such great news, it brought tears to my eyes..

It was great to see our POTUS sign such an important bill. I have hope for the furture now...Thinking that an education would /could be out of reach for so many if the rates
were raised made me feel our children, all of them, would be lost without that very
important life experience, and the knowledge they will gain from a formal education... I will spread the news.... it's GREAT!!!!!

Cha

(296,848 posts)
13. I know summer-hazz.. it's so important to so
Sat Aug 10, 2013, 01:44 AM
Aug 2013

many! Glad it's going to help out your family, too!

Yeah, the B&W is so deliciously old-school!

Thank you for spreading the great news, sh~

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