The Columbia Daily Tribune: 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 Media coverage of MO political races in The Columbia Daily Tribune.
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2024 Presidential contenders on Education:
  Candidates for President & Vice-President:
V.P.Kamala Harris (D-CA)
Robert F. Kennedy Jr.(I-CA)
Chase Oliver(L-GA)
Dr.Jill Stein(D-MA)
Former Pres.Donald Trump(R-FL)
Sen.J.D.Vance(R-OH)
Gov.Tim Walz(D-MN)
Dr.Cornel West(I-NJ)

2024 presidential primary contenders:
Pres.Joe_Biden(D-DE)
N.D.Gov.Doug Burgum(R)
N.J.Gov.Chris_Christie(R)
Fla.Gov.Ron_DeSantis(R)
S.C.Gov.Nikki_Haley(R)
Ark.Gov.Asa_Hutchinson(R)
Former V.P.Mike Pence(R-IN)
U.S.Rep.Dean_Phillips(D-MN)
Vivek_Ramaswamy(R-OH)
S.C.Sen.Tim_Scott(R)
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