Democrats Intentionally Wrote Law to Make Student Loan Interest Rates Double in Election Year | Conservative Byte: Now, this student loan stuff. It’s the focal point of Obama’s speeches that he’s making to yutes wherever he goes. He talked about it a lot yesterday. Speaking of Obama’s push to try to buy the youth vote by giving them free college tuition, remember — and we mentioned this yesterday. The interest rate increase is coming up for a vote on July 1st because the Democrat-controlled Congress in 2007 wanted it that way. Obama is running around scaring these students who don’t know the facts or the truth behind this, that if something isn’t done by the Congress, by July 1st, their student loan interest rate will double.
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