« Steve MacNamara's inner circle goes lobbyist fishing | Main | Steve MacNamara and the quiet, $5 million no-bid transparency contract »

Marco Rubio on student loan vote: "Surreal listening to Dem colleagues lecture me"

Sen. Marco Rubio, R-Fla., was among the Senate Republicans blocking a Democratic-led effort to freeze student loan rates.

By a 52 to 45 vote, with Sen. Olympia Snowe, R-Maine, voting "present," the Senate fell eight votes short of the number needed to cut off the debate and move forward. Sen. Bill Nelson, D-Fla., voted for moving forward with debate.

Republicans objected because Democrats wanted to close a tax loophole to fund the plan. The House of Representatives has passed legislation to freeze the rate, which would double to 6.8 percent July 1 if nothing is done. But Democrats disliked the GOP-authored House plan because it cut money for health care.

Rubio took to social media to explain his vote, saying this on Twitter: "As maybe only Sen paying a #studentloan surreal listening to Dem colleagues lecture me on #studentloandebt."

Rubio said he supports "a hundred percent making sure that the interest rates on student loans do not go up," but doesn't support the Democratic plan.

The 40-year-old senator still pays Sallie Mae each month for his law school education. It's an estimated $101,000 to $250,000 debt, according to his most recent financial disclosure report.

He's not the only high-profile U.S. leader who's griped about about paying back the loans. It's also become a frequent refrain on the campaign trail for President Barack Obama and First Lady Michelle Obama.

Read more here: http://blogs.mcclatchydc.com/washington/2012/05/senate-republicans-block-effort-to-debate-student-loan-bill.html#storylink=misearch#storylink=cpy

Comments

Feed You can follow this conversation by subscribing to the comment feed for this post.

joe blow

Little Marco doesn't have to worry about student loans since he gets lots of campaign contributions, bribes and kickbacks from corporations and millionaires!

Milan Moravec

Public university chancellor employs tuition policy to block middle class from university. University of California Berkeley Chancellor makes Cal. farther and farther out of reach for the sons and daughters of Californians. UCB Chancellor Robert J Birgeneau is outspoken on why elite public universities, like Cal, should charge Californians more. With Birgeneau’s leadership UCB is more expensive (on an all-in-cost) than private Harvard and Yale. Chancellor Birgeneau’s ‘charge more’ tuition make Cal. the most expensive public higher education in our country!

Birgeneau ($450,000 salary) likes to blame the politicians, since they stopped giving him every dollar expected. The Chancellor’s ‘charge more’ instate tuition skyrocketed fees by an average 14% per year from 2006 to 2011-12 academic year. If Birgeneau had allowed fees to rise at the same rate of inflation over the past 10 years they would still be in reach of most middle income students. Increasing funding is not Cal’s solution.

As a public university UCB is to maximize access to the widest number of instate students at a reasonable cost with a mission of diversity and equality of opportunity. Unfortunately Birgeneau’s ‘charge more’ tuition to Californians diminishes the equality and inclusion principles which underlie our state and country. Birgeneau’s and Provost George Breslauer’s ($306,000 salary) ‘charge more’ instate tuition denies middle income Californians the transformative value of Cal’s education.

Chancellor Birgeneau’s tenure is a sad unacceptable legacy.
Opinion to: UC Board of Regents marsha.kelman@ucop.edu and Calif. State Senators and Assembly members.

Lindad

lil rubio didn't pay off his student loans with the republican party credit card? I'm shocked, shocked say I!

GH

I don't like Marco Rubio in regard to his political views but it's pretty cool of a hot-shot politician to be open about a common issue like student debt. It reminds me a bit of Nixon's Cheekers Speech, when allegations drove the then-vice presidential candidate to talk about his financial difficulties openly to the public.

Good for Marco.

Milan Moravec

Campus Chancellor’s and Provost ‘s tuition increases make it impossible to keep the promise of equality of opportunity: access, affordability is farther and farther out of reach. Self-absorbed Chancellor, Provost are outspoken for elete public UC Berkeley ‘charging Californians much higher’ tuition. Cal. Chancellor Birgeneau, Provost Breslauer leave an indelible legacy on university access, affordability.

Cal. tuition is rising faster than costs at other universities. Number 1 ranked Harvard is now less costly. Birgeneau, Breslauer decision to ‘charge Californians higher tuition’ for eletist Cal. make it the most expensive of the expensive public universities!

Birgeneau ($450,000) Breslauer ($306,000) like to blame the politicians, since they stopped giving them every dollar demanded. The ‘charge Californians higher’ tuition skyrocketed fees by an average 14% per year from 2006 to 2011-12 academic years. If Chancellor Provost had allowed fees to rise at the same rate of inflation over the past 10 years they would still be in reach of most middle income students. Breslauer Berheneau increase disparities in higher education and defeat the promise of equality of opportunity. An unacceptable legacy for all Californians.

Additional funding should sunset. The sluggish economy and 10% unemployment devistate family education savings. Simply asking for more taxes to fund self-absorbed Cal.senior leadership, old inefficient higher education models and fund excessive faculty staff compensation, burdensome bonuses, is not the answer.

UC Berkeley is to maximize access to the widest number of Californians at a reasonable cost: mission of diversity, equality of opportunity. Birgeneau’s Breslauer’s ‘charge Californians higher’ tuition denies middle income families the transformative value of Cal.

The California dream: keep it alive at Cal. Birgeneau resigned; fire Provost George W Breslauer.

Opinions? UC Board of Regents marsha.kelman@ucop.edu Calif. State Senators, Assembly mem

The comments to this entry are closed.