Latest News

ICYMI: Rubio Joins The Aaron Renn Show

U.S. Senator Marco Rubio (R-FL) joined The Aaron Renn Show to discuss Rubio’s Labor Day report on working (and non-working) men. See below for highlights and listen to the full interview here. On protecting American jobs and interests: “We made a series of economic...

read more

ICYMI: Rubio Debates Coons on China, Environment

U.S. Senator Marco Rubio (R-FL) debated Senator Chris Coons (D-DE) on China, global leadership, and environmental policy at an event hosted by the Bipartisan Policy Center’s Senate Project at George Washington University. “We have to shape a future that recognizes...

read more

Next Week: Rubio Staff Hosts Mobile Office Hours

U.S. Senator Marco Rubio’s (R-FL) office will host in-person and virtual Mobile Office Hours next week to assist constituents with federal casework issues in their respective local communities. These office hours offer constituents who do not live close to one of...

read more

Rubio Habla en Maxima 92.5 de Tampa Bay

El senador estadounidense Marco Rubio (R-FL) habló con Nio Encendio de Maxima 92.5 de Tampa Bay, sobre cómo la inflación ha impactado a las familias, sobre las olas de migración ilegal, sobre el juicio político de Biden vs. el de Trump, sobre el canje de prisioneros...

read more

ICYMI: Student Loans Are A Burden But It’s The Lack of Jobs That Hurts America More

May 8, 2012 | Press Releases

Student Loans Are A Burden But It’s The Lack of Jobs That Hurts America More
By Senator Marco Rubio
May 8, 2012

This week, Washington will shift its attention to the issue of student loans. Unless Congress acts, interest rates on new subsidized Stafford college loans will soon double from 3.4 percent to 6.8 percent. 

Fortunately, there is a solution to this, but its primary obstacle will be election year politics.  The issue will test President Obama and how badly he wants to exploit rising student loan debt for his own political gain.

Congress should prevent the loan rate hike and pay for it by targeting the very root of this increase – a provision in the 2010 federal health care law that raids student aid to the tune of $9 billion in order to “pay for” other parts of ObamaCare. Since this problem is of President Obama’s own making, we should clean up this latest ObamaCare mess by ending this slush fund and applying the savings to prevent the upcoming rate increase.

For me, the issue of student loans is one that I am intimately familiar with.  In fact, I was only able to afford college because of student loan and grant programs. 

After high school, I attended Tarkio College in Missouri to play football. Since my parents could not afford to help me financially, the school put together a financial aid package that allowed me to pursue my dreams of going to college and playing football.

After one season, I moved back to Florida and dedicated myself more to my studies, first at community college, then the University of Florida and finally the University of Miami’s law school.  Throughout this time, I relied on student loans, grants and hard work.

These experiences taught me about the challenges students face in making ends meet in college, and later on as graduates trying to pay off their student loans.

Keep reading here