By Julia Love
Barack Obama
President, DemocratMitt Romney
Presidential nominee, RepublicanStudent Aid
Obama: Secured bipartisan support in
Congress this summer for a one-year extension of the current interest
rate on some federal student loans. Signed a law that caps some
borrowers’ payments at 10 percent of their disposable income, starting
this year for current students, and forgives any remaining debt after 20
years. Halted bank-based lending so that the federal government makes
loans directly to students; plans to continue to use savings to step up
support for Pell Grants and community colleges.
Romney: Vows to restore the role of banks in
the federal student-loan market and to streamline the federal
student-aid system. Promises to “refocus Pell dollars on the students
who need them most and place the program on a responsible long-term path
that avoids future funding cliffs and last-minute funding patches,”
according to a report on education.
For-Profit Colleges
Obama: Tightened regulations. During his
presidency, the Education Department adopted the “gainful-employment
rule,” which aims to ensure that programs receiving federal student aid
are preparing students to succeed in the work force. Put in place rules
to thwart misrepresentation in recruiting and to increase state
regulation of distance education.
Romney: Platform calls for private-sector
participation and “new models” in higher education. One of his top
education advisors has said that a Romney administration would work to
eliminate the gainful employment rule as well as regulations that define
“credit hour” and require states to authorize distance-education
programs.
‘Dreamers’
Obama: Advocates passage of the Dream Act,
which would provide a pathway to citizenship for young people who were
brought to the United States illegally as children. Announced a new
policy this year that allows young people who are illegal immigrants to
apply for work permits and for renewable two-year deferments on any
action that could lead to their deportation.
Romney: Would veto the Dream Act. Says there
should be a pathway to citizenship for young people who were brought
here illegally as children if they serve in the military. Party platform
calls for cutting off federal funds to colleges that allow
illegal-immigrant students to pay lower in-state tuition rates.
Research
Obama: Requested $7.4-billion in federal
support for the National Science Foundation in his 2013 budget, an
increase of $340-million from the 2012 level. Requested federal support
for the National Institutes of Health remained flat for 2013 at
$31-billion. Supports stem-cell research; in 2009, repealed President
George W. Bush’s ban on federal money for stem-cell research.
Romney: Emphasizes his “strong commitment to
research in the physical, biological, and social sciences” and pledges
that “the priorities for research funding" will not be "hijacked by
short-term political imperatives.” As governor of Massachusetts, vetoed a
bill that would have allowed the cloning of human embryos for stem-cell
research. Says stem-cell research must be “pursued with respect and
care.”
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