So here’s a pretty good overview of the whole situation. And, by the way, this is all being done by executive order. And I am here to tell you that if Bush or any Republican was using the executive order process this way there would be howling from all corners. Bypassing Congress, executive fiat, who does he think he is? What does he think this is? A dictatorship? Those kinds of headlines and questions would be out there. The Drive-Bys would be filled with cries of imperial executive branch actions. But with Obama, all you hear is the crickets chirping, even if you hear that.

“Obama’s Student Loan Order Saves the Average Grad Less Than $10 a Month — The monthly impact of the president’s new effort for most Americans paying off college debt will be between $4 and $8. Of the many long-term problems the U.S. economy faces, student loans are a big one. Education costs are rising very quickly and incomes aren’t. As a result, students will have to borrow more and more money to obtain university degrees and will have a tougher time paying their loans. President Obama seeks to respond to this question with an executive order in the next part of his ‘We Can’t Wait’ unilateral stimulus effort.”

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