Politics. On Point.

Bob McDonnell, former governor of Virginia, has been found guilty  on 11 of 13 counts on conspiracy to commit wire fraud, illegally obtaining property, making false statements, and other actions unbecoming of a state governor. Former VA governor Bob McDonnell and former first lady Maureen McDonnell found guilty of corruption. The McDonnell trial lasted for more than three weeks when former chef, Todd Schneider , dropped a dime on the McDonnells after Schneider was accused of stealing food from the executive pantry of the governor's mansion for his side catering jobs.  Schneider maintained his innocence saying the food was payment for services rendered. After the firing, Schneider informed law enforcement that the McDonnells had taken money from wealthy Star Scientific businessman Johnny Williams .  Williams allegedly gave the McDonnells gifts to include a Rolex watch, paid for the wedding of the McDonnells' daughter, and for designer clothing for former first lady...

  President Obama spoke today at Knox College in Chicago urging Congress not to raise the cost of student loans.   The administration is also plans to work with colleges to encourage universities to keep the costs of higher education down.   Said the president, "If you think education is expensive, wait until you see how much ignorance costs in the 21st century."   In a 21st century society, having only a high school education doesn't always garner a higher paying job (unless you become an entrepreneur).  For those seeking a higher education, help with college tuition can be a quite daunting.   In an act of bipartisan accomplishment Congress, today, came to a decision that would keep college loans rates to a minimum.   "A better bargain for the middle class means making a college education available to every single American willing to work for it", said the president.   "That’s why I applaud the wide ...

President Obama will visit three key 'battle ground' states this week to talk student loan rate increase. On Tuesday, April 24, President Obama will visit the University of Colorado Boulder in Boulder, CO to deliver remarks as part of a concerted effort to get Congress to prevent interest rates on student loans from doubling this July. Student loan rates are set to increase from 3.4 percent to 6.8 percent for millions of college students. "At a time when going to college has never been more important, it has also, unfortunately, never been more expensive", said Secretary of Education Arne Duncan last week in a White House briefing. Adding, "Families and students are struggling to meet these costs, and there's no reason why we should add to their burden.  And I have to tell you, as I’ve traveled throughout the country ... not just in disadvantaged communities, but more and more middle-class families are starting to think college might not be for th...