Kerry against H.R. 4283
Since we've never actually heard anything from the Kerry campaign despite our attempts at communication with them, it was a joy to find this little tidbit in the middle of an AP story on Student Loans...
Presumed Democratic presidential nominee Sen. John Kerry, has also criticized it, saying variable rates would harm students and enrich lenders.
So at least we know he's not against consolidation in general. In more specific support from Congressmen, ranking Democrat in the House Committee George Miller was quoted as saying "To add on another $3,000, $4,000 even $5,000 to interest costs to somebody who is starting out as a teacher is not a minor event for that individual." At least someone is realizing the challenge of paying for the rising cost of education doesn't end when the degree is in hand.