Bustos: Student loan battle proof of 'do-nothing Congress'


Share
Originally Posted Online: May 09, 2012, 7:50 pm
Last Updated: May 09, 2012, 8:42 pm
Comment on this story | Print this story | Email this story
By Eric Timmons, etimmons@qconline.com

Emilia Strnad is a sophomore at Augustana College who already has racked up $25,000 in debt, even with the support of Pell grants and subsidized loans.

"I'm definitely scared," she said, "especially if the interest rate goes up to 6.8 percent."

Ms. Strnad, of Appleton, Wis., is studying political science and psychology. On Wednesday, she listened to Cheri Bustos, the Democratic 17th District Congressional candidate, speak at one of her classes.

Her visit came a day after Republicans blocked U.S. Senate debate on the Democrats' version of a bill to keep interest rates for subsidized Stafford loans at 3.4 percent for another year, rather than automatically growing to 6.8 percent on July 1 as they would under a law enacted five years ago. The bill would pay for the extension by changing a law that lets some wealthy taxpayers avoid Social Security and Medicare taxes by classifying their pay as dividends instead of cash income.

The move was further evidence of the ineptitude of a "do-nothing Congress," Ms. Bustos said.

"There's a reason why the approval rating of Congress is in the single digits," she said.

"I've worked most of my career in the private sector where you've got to have results," Ms. Bustos said. "You've got to get things done."

On April 27, the House passed a GOP version of the bill. Democrats oppose that plan because it would be paid by abolishing a preventive health fund created by health care reform legislation.

Both Ms. Bustos, a former health-care executive, and her Nov. 6 opponent, U.S. Rep. Bobby Schilling, R-Colona, agree on the need to stop the interest rate from rising. But Rep. Schilling, who was unavailable for comment Wednesday, supports the Republican plan.

Ms. Bustos said the two factions should seek a compromise. But she said the inability to even bring a bill to the Senate floor for debate left her wondering if that was possible.

Her Augustana conversations stretched beyond student loans to touch on energy policy, the lack of diversity in Congress, Medicare and Social Security. There were few votes for Ms. Bustos to win in the class; a majority of the students were from the Chicago area.

She told students her role model was the late Paul Simon, a liberal icon who represented Illinois in the U.S. Senate until 1997. When students were asked to raise their hands if they knew who Mr. Simon was, only two of about 15 popped up.

But even if her reference points didn't always tally with the students, Ms. Bustos was well-received.

"I think she's a very smart woman, and she has a lot of good views," Ms. Strnad said. "And it's nice to see a woman in politics."


The Associated Press contributed to this story.



 














 



Local events heading








  Today is Saturday, April 19, the 109th day of 2014. There are 256 days left in the year.

1864 -- 150 years ago: Miss McCorkindale has opened millinery rooms over Gimbel's dry goods store, where she offers a choice lot of millinery goods, which she will manufacture to order.
1889 -- 125 years ago: The little South Park Presbyterian chapel celebrated it first Easter decorated with flowers for an afternoon worship service attended by a large congregation.
1914 -- 100 years ago: The Wennerberg Chorus of Augustana College has returned from a 2,000-mile tour in the Eastern states and Illinois.
1939 -- 75 years ago: Col. Charles Lindbergh has stated that he is convinced that Germany's air force is equal to the combined sky fleets of her potential European foes.
1964 -- 50 years ago: Small gas motors may be permitted on boats in the lake to be built in Loud Thunder Forest Preserve. The prospect was discussed yesterday at a meeting of the Rock Island County Forest Preserve Commission.
1989 -- 25 years ago: The annual Dispatch/Rock Island Argus Spelling Bee continues to be a family tradition. Ed Lee, an eighth-grader at John Deere Junior High School, Moline, is the 1989 spelling bee champion from among 49 top spellers in Rock Island, Henry and Mercer counties. He advances to the competition in Washington, D.C. Runnerup was Ed's sister, Susan.






(More History)