Democrats intentionally wrote law to make student loan interest rates double in election year
Conservative Byte.com – Rush Limbaugh – 4/26/2012
The Democrats controlled both houses of Congress in 2007. They had just won the election. The House, they took it back in 2006. Pelosi’s running the House; Democrats are running the Senate. So in 2007 they passed legislation that would cut the student loan interest rate in half and then reinstituted it July 1st this year, on purpose. They wanted the college student loan interest rate to double in an election year, in the summer right before the conventions. They were rolling the dice.
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