During his time as President George W. Bush’s OMB director in 2006 and 2007, Portman oversaw the 2008 federal budget that attempted to completely eliminate the Perkins loan program.
In addition to opposing the Perkins loan during his time with the Bush administration, Portman voted
against a proposal that would relieve student debt
by allowing students to refinance their loans. The student debt crisis is considered by many economists as the next “bubble”
that will burst and cause serious problems for America’s economy. However, Sen. Portman has been inconsistent in his position on important relief for Ohio students and families.
In the 2013-14 school year, 25,472 students in Ohio got Perkins loans, totaling $47.7 million, according to information from the U.S. Department of Education that former Ohio Gov. Ted Strickland, a supporter of the program and a candidate for U.S. Senate, provided to the press. This included loans to 508 students at Cleveland State, 1,528 at Case Western Reserve and 1,725 at Ohio State.
TL;DR: Ohioans can’t trust Portman to look out for their best interests when it comes to funding higher education.
Published: Dec 15, 2015