Roughly half of recent college graduates are out of work or underemployed in President Obama’s economy. And if that wasn’t bad enough, unless Senate Democrats act soon, interest rates on new student loans will double on July 1 – the result of a law passed by a Democratic Congress in 2007.

House Speaker John Boehner (R-OH) issued the following statement after the Senate voted on student loan interest rates today.

The Washington Post editorial board weighed in this morning on the Obama Administration’s ongoing efforts to block full implementation of the highly-successful D.C. Opportunity Scholarship Program (OSP) and deny new students access to the program.

More than a year after President Obama signed into law legislation renewing and expanding the highly-successful D.C. Opportunity Scholarship Program (OSP), his administration continues to block full implementation of the law and deny new students access to the program.

Yesterday, Speaker Boehner sat down with Fox Business’ Gerri Willis to discuss House Republicans’ focus on helping the economy create jobs by reining in spending, reforming the tax code, and passing more than two dozen jobs bills that are being blocked by Senate Democrats.

Yesterday, the Democratic-controlled Senate failed to move forward on a small business tax hike bill masquerading as a student loan fix, proving that Democrats are more focused on political posturing than offering a plan that can actually pass.

In 2007, the Democratic majority in Congress enacted legislation to double interest rates on new federal student loans from 3.4 percent to 6.8 percent in 2012.  At a time when tuition is on the rise and employment prospects are low, the pending rate hike would impact millions of college students across the country.

An editorial this morning in the Washington Post takes aim at the Obama administration for attempting to zero out funding for the highly-successful D.C. Opportunity Scholarship Program (OSP):

If you or your children are in college, or higher education is on the horizon, be sure to read the op-ed in today’s Wall Street Journal by Senators Alexander, Johanns, Hoeven, and Risch. The Senators – each a former state governor – outline how the “heavy burdens” imposed by the president’s health care law create a “triple whammy” that threatens families and college students with:

In his State of the Union address, President Obama talked about the importance of students staying in school and graduating, which is certainly critical to making our economy more competitive.  His new budget, however, zeroes out funding for the successful DC Opportunity Scholarship Program (OSP), which is currently helping more than 1,600 underprivileged students gain access to a quality education.  The Obama administration has tried in the past to terminate the program, only to be thwarted time and again by a bipartisan, grassroots