2012 Missouri Senate Debates: on Education


Sarah Steelman: More competition in college loans; end federal monopoly

The candidates also were asked about their stance on the federal student loan interest rate, which will double to 6.8% on July 1 without Congressional action.

Steelman said she would have to take a closer look at the proposal but said she supported more competition in the sector because "the federal government has a monopoly now on student loans."

Brunner didn't answer whether he would support keeping the rates at their lower level but said the whole college finance system needed a "fresh look."

Akin said the government should be out of the student loan market altogether. "America has got the equivalent of the stage three cancer of socialism because the federal government is tampering in all kinds of stuff it has no business tampering in," he said.

Source: Columbia Daily Tribune on 2012 Missouri Senate debate Apr 22, 2012

Todd Akin: Federal government should be out of the student loan market

The candidates also were asked about their stance on the federal student loan interest rate, which will double to 6.8% on July 1 without Congressional action.

Akin said the government should be out of the student loan market altogether. "America has got the equivalent of the stage three cancer of socialism because the federal government is tampering in all kinds of stuff it has no business tampering in," he said.

Steelman said she would have to take a closer look at the proposal but said she supported more competition in the sector because "the federal government has a monopoly now on student loans."

Brunner didn't answer whether he would support keeping the rates at their lower level but said the whole college finance system needed a "fresh look."

Source: Columbia Daily Tribune on 2012 Missouri Senate debate Apr 22, 2012

  • The above quotations are from 2012 Missouri Senate Debate.
  • Click here for definitions & background information on Education.
  • Click here for other issues (main summary page).
  • Click here for more quotes by Todd Akin on Education.
  • Click here for more quotes by Sarah Steelman on Education.
Candidates and political leaders on Education:

Retired Senate as of Jan. 2015:
GA:Chambliss(R)
IA:Harkin(D)
MI:Levin(D)
MT:Baucus(D)
NE:Johanns(R)
OK:Coburn(R)
SD:Johnson(D)
WV:Rockefeller(D)

Resigned from 113th House:
AL-1:Jo Bonner(R)
FL-19:Trey Radel(R)
LA-5:Rod Alexander(R)
MA-5:Ed Markey(D)
MO-9:Jo Ann Emerson(R)
NC-12:Melvin Watt(D)
SC-1:Tim Scott(R) 		Retired House to run for Senate or Governor:
AR-4:Tom Cotton(R)
GA-1:Jack Kingston(R)
GA-10:Paul Broun(R)
GA-11:Phil Gingrey(R)
HI-1:Colleen Hanabusa(D)
IA-1:Bruce Braley(D)
LA-6:Bill Cassidy(R)
ME-2:Mike Michaud(D)
MI-14:Gary Peters(D)
MT-0:Steve Daines(R)
OK-5:James Lankford(R)
PA-13:Allyson Schwartz(D)
TX-36:Steve Stockman(R)
WV-2:Shelley Capito(R) 		Retired House as of Jan. 2015:
AL-6:Spencer Bachus(R)
AR-2:Tim Griffin(R)
CA-11:George Miller(D)
CA-25:Howard McKeon(R)
CA-33:Henry Waxman(D)
CA-45:John Campbell(R)
IA-3:Tom Latham(R)
MN-6:Michele Bachmann(R)
NC-6:Howard Coble(R)
NC-7:Mike McIntyre(D)
NJ-3:Jon Runyan(R)
NY-4:Carolyn McCarthy(D)
NY-21:Bill Owens(D)
PA-6:Jim Gerlach(R)
UT-4:Jim Matheson(D)
VA-8:Jim Moran(D)
VA-10:Frank Wolf(R)
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Page last updated: Dec 04, 2018