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The latest ad from President Obama's campaign takes on Mitt Romney on college aid. The ad quotes from a statement in which Romney urged young people to borrow from their parents, and goes on to talk about the benefits of direct lending and the administration's commitment to student aid. The ad also accuses Romney of proposed deep cuts to student aid, although as The Washington Post noted, those possible cuts are based on Romney's overall tax and budget plans, not on specific, current proposals. A Romney spokesman told the Post that "Mitt Romney will encourage innovation and competition to make college more affordable, and his economic policies will give recent graduates the job opportunities they deserve."
