Business

‘I Feel Your Pain’ 2012 Edition: President Obama Tells College Students He Had a Lot of Tuition Debt Too

“Michelle and I we’ve been in your shoes,” President Obama told a gathering of college students at the University of North Carolina in Chapel Hill Tuesday.

“[W]e didn’t come from wealthy families,” the president added.

“When we graduated from college and law school, we had a mountain of debt. When we married, we got poor together. We added up our assets and there were no assets. And we added up our liabilities and there were a lot of liabilities basically in the form of student loans,” he said.

The crowd seemed to enjoy his speech — a lot.

“Now check this out,” the president said once the clapping and cheering subsided, “I’m the President of the United States…We only finished paying off our student loans about 8 years ago.”

Watch the president’s remarks (via Fox Nation):

He continued:

We paid more in student loans that we paid in our mortgage when we finally did buy a condo for the first 8 years of our marriage. We were paying more in student loans than we were paying for our mortgage. So we know what this is about.

And we were lucky to land good jobs with a steady income.

But we only finished paying off our student loans – check this out, alright? I’m the President of the United States. We only finished paying off our student loans about 8 years ago. That wasn’t that long ago. And that wasn’t easy especially because when we had Malia and Sasha, we were supposed to be saving up for their college educations and we’re still paying off our college education.

“So we have to make college more affordable for our young people,” the president added.

(H/T: WZ)

Comments (94)

  • christos
    Posted on April 24, 2012 at 10:07pm

    …Wrong more Lies under this administration the Pell Grants have been dropped,these are for low income kids,,,no mention of this,he has to make up some kind of Lie to draw the young people,,,I Pray these young people see through the Lies.

    Report Post » christos  
    • eagle275
      Posted on April 25, 2012 at 12:07am

      I’m a Tarheel fan,this has been all over the news here. My dad graduated from UNC, very liberal school. He was agrad of Med School in 1969 – I remember the protests,etc. These kids though it was so cool BHO came there, I think several fainted or crapped themselves. My dad is sick, this is the young people we have to look to. This is not good. BTW, Holden Thorpe, the Chancellor, is one of BHo’s Educators on Committee. Thorpe really pissed off alot of alumni by firing Butch Davis and taking away all his football wins, Davis didn’t do a damn thing. I emailed The a-hole Thorpe, said my family would never send another dime. And then I said, no matter what happens on that campus, he(Thorpe) is responsible.

      Report Post »  
    • Shiroi Raion
      Posted on April 25, 2012 at 8:48am

      Didn’t BO say in an earlier speech that someone paid for his college and gave him a chance? Which is it? Did he borrow and pay for it by teaching Alinsky or did someone give him his chance? I paid for my own college working full time at $8 an hour and $1000 per class. It took me years to get out of debt just for borrowing for one year of classes?

      Report Post » Shiroi Raion  
    • JRook
      Posted on April 25, 2012 at 10:45am

      @christos Get in the game champ. Pell Grants are alive and if they are not well it is because of Republicans cutting them.

      http://www2.ed.gov/programs/fpg/index.html

      Report Post »  
    • Secret Squirrel
      Posted on April 25, 2012 at 6:38pm

      .
      Oh, so the lie of today is that he had student loans.
      Are those records sealed too?
      Loans for what? How much? Let’s see the records.
      This guy is smoke, I don’t think he graduated from anywhere, prove me wrong.

      Report Post » Secret Squirrel  
    • christos
      Posted on April 27, 2012 at 1:37pm

      To JRHOOK—The pell grants have run out expired,,,no with the executive order this could have been looked at closer,,,Wrong never claimed to be a champ and am not involved in any Game,,,No Worries…

      Report Post » christos  
  • Citizen1
    Posted on April 24, 2012 at 10:05pm

    PROVE IT ! ! !

    Hey Berry, show US those tuition receipts or ANY of your Harvard records!
    Ohhh, let me guess….
    there all stored safely along with the “Real Birth Certificate”?

    FRAUD !

    Report Post »  
  • mrsmileyface
    Posted on April 24, 2012 at 9:54pm

    The only pain this A-hole feels is his possible re-election loss. Other than that he could care less.

    Report Post » mrsmileyface  
  • zoro51
    Posted on April 24, 2012 at 9:48pm

    he feels NOTHING he cares NOT for the USA or tis constutional freedoms HE cares about MUSLUMS MOSQUES he sends 770 MILL to repair.. he cares to ceceed parts of the atlantic waters to the UN . he is giving OIL RICH part of alaska BACK TO RUSSIA. HE CARES NOT BUT HIS OWN INTERESTS HIS SOCIALIST INTERESTS not AMERICAN.. so when he FALSELY feels your pain its a SOCIALIST PLOY.. he cares NOTHING FOR THE STUDENTS cause the GOV reguates the fees n charges to raise tuition IMPEACH THIS SO)RROWFULL JONES NOW send him to the UNEMPLOYMENT LINE NOW

    Report Post » zoro51  
    • Skrewedretiree
      Posted on April 25, 2012 at 12:00am

      Well, next time tell us how you REALLY feel!
      I can’t say I disagree, though……
      The sooner this sorry sack of s**t is out of office, the better America will be.
      And Biden and Pelosi? **** them too!

      Report Post » Skrewedretiree  
  • jokar
    Posted on April 24, 2012 at 9:35pm

    How is it that NO ONE can get to his records? I just wait for the day they are discovered. In the meantime, I don’t believe a word of what he says….
    I thought someone did show that on one of his tax returns he had no deduction for student loan interest or payment….anybody see that?

    Report Post »  
    • lovenfl3
      Posted on April 24, 2012 at 9:46pm

      Lol, that’s about it. The “I feel your pain” garbage aint playing anymore. Mr Harvard is just an average guy…….right? I don’t think so. Anyone who believes in smaller government has to see this.
      http://www.youtube.com/watch?v=kJC5Zw-ggrc

      Report Post » lovenfl3  
    • johnpaulkuchtajr
      Posted on April 24, 2012 at 10:05pm

      What about the affdavit from the Chicago postman who swears that the Ayers family footed the cost of educating the Ayatollah Obama?

      Report Post »  
  • Hobo Gator
    Posted on April 24, 2012 at 9:33pm

    Notice President Obama is only giving speeches in front of kids? I hope they remember every word he says. They remember every clap they clap when they are paying 85% of their earnings in taxes. Yes sir, those will be great memories when they write that check to the United States Treasury. The day they got to hear President Obama speak at their school and they believed all the lies and funny jokes, and quips. 85% tax and no hope in sight.

    Report Post »  
    • Skrewedretiree
      Posted on April 25, 2012 at 12:02am

      Reminds me of the photos of Hitler with the students all pie-eyed and fanatical about the new Fuehrer.

      Report Post » Skrewedretiree  
  • wolfveryne
    Posted on April 24, 2012 at 9:31pm

    Prove it, Cuz ,, other wise you are a LIER .
    Where are all the Hackers ,, to hack into his past Records .

    Report Post » wolfveryne  
    • Skrewedretiree
      Posted on April 25, 2012 at 12:13am

      The records have been scrubbed by the CIA, the FBI, the HS and the SS. What……did you think the new American Fuehrer would not have thought to cover his trail? Only a complete housecleaning and the removal of ALL or nearly all the Democrazis willl be able to uncover the truth. But…..

      He has 2/9ths of the Supreme Court locked up. With Ginsberg, call it one third. One more term will give the New American Fuehrer the complete control of the Court, the Exective and —God help us– the Legislative branches of Government, and a new Communist, Pro Moo-Slum government.

      Report Post » Skrewedretiree  
  • TarheelFlyer
    Posted on April 24, 2012 at 9:29pm

    This shouldn’t be that hard to figure out….

    How many years in college for both…
    Cost of tuition, room, board, books and lab fees for those who went to those schools.

    That tells you how much debt potential is even there.

    Report Post »  
  • justangry
    Posted on April 24, 2012 at 9:20pm

    He felt the pain in Martha’s Vinyard, Hawaii and every other place he and the Mrs. decided to go on our dime.

    Report Post » justangry  
  • SHOWMESTATEGUY
    Posted on April 24, 2012 at 9:16pm

    Obama quote “had a lot of tuition debt too”, but a good friend of mind named Bill Ayes took care of that debt for me. Therefore let me be perfectly clear, if I’m elected again I will assign every black American their own Bill Ayes to help pay the way.

    Report Post »  
    • RLTW
      Posted on April 24, 2012 at 9:22pm

      And here I thought it was a Saudi prince, doesn’t matter at this point no one can ride the color red like Obama.

      Report Post »  
    • CatB
      Posted on April 24, 2012 at 9:29pm

      Open up your records Obama .. prove you “paid” .. yes Ayers parents helped him while in college and then Bill wrote a book for Obama and Obama made the money from it … OPEN UP YOUR RECORDS YOU .son of a B.

      Report Post »  
  • normbal
    Posted on April 24, 2012 at 9:14pm

    Yeah, it’s a good thing Tony Rezco helped you two out with that mortgage deal.

    How about you show some school records? Financial aid records? Transcripts?

    I’m sure your friends could fake up some of these like they did the birth certificate.

    Report Post » normbal  
    • aragona
      Posted on April 24, 2012 at 9:29pm

      I’d like to see copies of his student loan promissory notes. Since he says he had a lot of debt, surely he wouldn’t object if we saw those.

      Report Post »  
  • COFemale
    Posted on April 24, 2012 at 9:14pm

    No they haven’t. They had / have jobs. They have not experienced unemployment, so lets make them really know how these college students feel and vote Obama and Michelle out of the WH. I can’t wait to send his administration packing, but I won’t say it will be a slam dunk until it is done.

    Report Post » COFemale  
  • Sue Dohnim
    Posted on April 24, 2012 at 9:13pm

    Feel your Pain,, Really

    Obama just piled on 5 trillion in debt plus interest, new grads will be enslaved to the greatest Debt enslavement obligation in history..

    Report Post » Sue Dohnim  
  • Hoosierchap
    Posted on April 24, 2012 at 9:12pm

    I’d sure like to see all those school records, e.g. applications, grades, scholarships & loans!

    Report Post » Hoosierchap  
  • Mess23
    Posted on April 24, 2012 at 9:10pm

    Foreign student aid debt?

    Report Post »  
  • LeadNotFollow
    Posted on April 24, 2012 at 9:06pm


    The Liar-In-Chief is at it again.

    Report Post »  
    • drbage
      Posted on April 24, 2012 at 9:13pm

      And how and WHY are they shelling out $84,000/year to send their daughters to a private school?

      Report Post »  
    • booger71
      Posted on April 24, 2012 at 9:15pm

      Yep, his maternal grandparents were upper middle class that paid for him to go to private schools in HI

      Report Post » booger71  
    • MAMMY_NUNN
      Posted on April 24, 2012 at 9:54pm

      By his past actions it should be clear it wasn’t by working what was it carjackings, drug running, strong arming the shops into protection payments. It should be clear it wasn’t honest work.

      Report Post »  
    • Nobummer
      Posted on April 24, 2012 at 11:20pm

      If he is feeling the pain, he should try the view from the cheap seats. Politicians lie, but Obummer doesn’t even try to hide it. I guess he is only speaking to the base, with their collective 70 IQ. It is okay to lie to the infidels.

      Report Post »  
  • Stoic one
    Posted on April 24, 2012 at 9:05pm

    Street debt maybe?
    You went on the reverse discrimination program, paid for by the taxpayer.

    Report Post » Stoic one  
    • Anamah
      Posted on April 24, 2012 at 9:12pm

      Maybe he is able to run a show on TV… a comedian guy, but no more than that.

      Report Post »  
    • NancyBee
      Posted on April 24, 2012 at 9:46pm

      Ana…..He’s not one bit funny…..

      Report Post » NancyBee  
  • I.Gaspar
    Posted on April 24, 2012 at 9:04pm

    You listen to him talk and you could very well be watching Woody Allen’s “Bananas”.
    It is no way for the President of the United States to speak….Al sharpton comes off more presidential….

    Report Post »  
  • westandfree
    Posted on April 24, 2012 at 9:04pm

    Of course he has never released his college records so we don’t really know if had student loans. The Ayers family paid for his graduate school and he was a quota addition at Harvard Law but, when did facts EVER get in the way of this guy telling a story? Never

    Report Post »  
    • jadams9845
      Posted on April 24, 2012 at 9:18pm

      Exactly! Additionally, the first Exec Order (13489) he signed was to ammend a previous Exec Order which essentially seals all his records while he was in school. This guy is a total puppet. America has become a banana republic (no pun intended or inferred).

      Here’s an anecdotal story by the postal worker who claims the Ayers family put him thru school:
      http://www.therightplanet.com/2012/03/retired-postal-worker-claims-bill-ayers-mother-knew-obama-was-a-foreign-student/

      Despite all of this crap that’s occurring, we WILL get our country back! Have no doubt. I could get more specific, but I don’t want to get the Ted Nugent treatment……oh wait, I already have! So have many other American Patriots. Welcome to the Fourth Reich folks!

      Report Post »  
  • barber2
    Posted on April 24, 2012 at 9:03pm

    And this from the president whose college records we are not allowed to see ? Oh, please. Spare us . ( Did his nose grow bigger yet ?? ) Wish the Secret Service , the FBI, and the DOJ could investigate . Talk about “deleted” information ! Might be a new defense for the oil spill guy : The Obama Rule : my emails were private information that was no American’s business so I decided to keep it ” secret.”

    Report Post »  
  • BannedByHuffpo
    Posted on April 24, 2012 at 9:02pm

    You‘d think with Michelle’s $300,000.00 PLUS a year phony job at a Chicago hospital they could have paid off student debts sooner than that.

    But since NO ONE has ever seen BHO’s college transcripts from Occidental, Columbia or Harvard, I think he’s lying about ever having attended, unless he was there on a foreign student visa.

    Report Post » BannedByHuffpo  
  • babsty
    Posted on April 24, 2012 at 8:58pm

    Show me the paperwork!

    Report Post »  
    • I.Gaspar
      Posted on April 24, 2012 at 9:02pm

      and the transcripts while he’s at it.

      Report Post »  
    • barber2
      Posted on April 24, 2012 at 9:05pm

      Exactly. Just like the Democrats are demanding Romney’s tax records, someone should demand all of this student loan records. Before the Obama people have a chance to “ create” them, that is .

      Report Post »  
    • barber2
      Posted on April 24, 2012 at 9:16pm

      And they will have to look up the student records for both Barry Soetoro as well as Barack Obama to make sure they get a match ! Don’t you always “trust” these guys who have several names ? Seems so honest and normal…

      Report Post »  
    • NancyBee
      Posted on April 24, 2012 at 9:44pm

      I want to see the applications for these student loans……..We the American people want to know the truth…………….Prove it….Show us…….

      Report Post » NancyBee  
  • SpankDaMonkey
    Posted on April 24, 2012 at 8:57pm

    .
    The Head ****** in Charge has got to go……

    If you saw your kid clapping like a “Trained Seal”, your wasting your money……….

    We had a college kid checking us out the other day at the gerocery store, and he could not make simple change……………

    Report Post » SpankDaMonkey  
    • 4truth2all
      Posted on April 24, 2012 at 9:51pm

      Why do you think he is always speaking at colleges.
      Lord forgive me … I can’t stand this guy. I try to not read anything about him after eating.

      Report Post »  
  • kickagrandma
    Posted on April 24, 2012 at 8:50pm

    Any time this man’s mouth is open OR closed, he is lying.

    “you LIE, you liar-in-chief”. Even satan is growing tired of you.

    Report Post »  
  • progressiveslayer
    Posted on April 24, 2012 at 8:49pm

    Barry had a lot of tuition debt too that’s rich coming from the Marxist POS,the affirmative action president had debt eh? He could actually say it with a straight face,incredible.

    Report Post » progressiveslayer  
    • barber2
      Posted on April 24, 2012 at 9:19pm

      am sure that is part of the reason his college records are locked away from view. And these people have the nerve to quibble over tax records ? 99% hypocrisy and Big Lies.

      Report Post »  

Sign In To Post Comments! Sign In