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Tennessee’s Corker won’t rule out presidential bid

ERIK SCHELZIG
Associated Press

LAWRENCEBURG, Tenn. (AP) — Tennessee Sen. Bob Corker said Wednesday he isn’t ruling out joining the field of Republicans running for president in 2016, but any decision would wait until next year.

If Corker joined the race, he would face fellow Republicans with much higher national profiles. He also hasn’t taken any clear steps to organize, fundraise or make appearances in early primary states — typically the first signs of a potential campaign testing its reception.

Corker, too, would have to mend ties with the GOP’s arch-conservatives, who could be uneasy over Corker’s reputation to work alongside Democrats on fiscal issues.

“There are times when I do wish I could have the kind of impact and create the kind of change and have the kind of vision for our country that think so many people here in Tennessee would like to see happen,” he said during a chamber of commerce appearance in Lawrenceburg, about 70 miles south of Nashville.

The senator, who is two years into his second term, said running for president would be a tough sell to his wife, Elizabeth, who has remained in Chattanooga while he has served in Washington and “loves her anonymity.” He said she may be wary of the intense media attention and scrutiny.

He cited fatigue from a recent trip to Southeast Asia for what he called “a stream of consciousness” response to whether he would run for president.

“I’ll probably be ridiculed when I get into the car,” said Corker, the top Republican on the Foreign Relations Committee.

His latest comments appeared to strengthen a hint last month. In an MSNBC interview, Corker suggested the next Republican presidential nominee should be a problem-solver.

“I’ve never looked at myself as having to be that person,” he said. “Who knows what happens down the road?”

Corker’s willingness to work across the aisle with Democrats has not always sat well with the conservative base of the GOP.

Following his election in 2006, Corker became deeply involved in negotiations on the auto bailout and financial regulation, bringing the perspective of a multimillionaire businessman and a former mayor to talks with Democrats and the White House.

In June, Corker was the top Republican sponsor of a bipartisan Senate proposal to raise federal gasoline and diesel taxes for the first time in more than two decades to pay for highway and transit programs.

Corker made his fortune as the head of a construction company he founded, and has sometimes chafed at trying to craft deals and consensus in the Senate. The presidency, he said, would offer more direct control over his vision.

“I will say that the order of magnitude of the impact one can have in Washington is vastly different for a senator, versus being the president,” he said. “It’s not even in the same spectrum.”

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Associated Press writer Steve Peoples in Washington contributed to this report.

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Don’t Settle for Student Loans to Pay for Online Education

Online college programs are becoming a more popular choice for prospective students, with one study finding that more than 6 million students enrolled in at least one online course in fall 2015. The popularity of these courses can be attributed in part to their flexibility with working adults' schedules, students' ability to progress more quickly through online programs and, oftentimes, cheaper tuition. [See 10 low-cost online bachelor's programs for out-of-state students.]Online degrees can be beneficial to many college students, but some studies have shown online learners complete their programs at lower rates than students at traditional brick-and-mortar campuses. Individuals with student loans but no degree comprise two-thirds of defaulted borrowers. Though these numbers are not encouraging, just like for traditional programs, there are ways to reduce how much you'll need to borrow for an online program to ensure you won't become one of these statistics. Don't just settle on borrowing student loans to cover the whole cost of your program and living expenses. Instead, start thinking about how to cut costs and cover your balance in different ways, such as the following. -- Grants and scholarships: Even though you are taking an online course, you can still apply and receive grants and scholarships. But your first step should be to complete the Free Application for Federal Student Aid, commonly referred to as the FAFSA, which will allow you to receive a Pell Grant if your expected family contribution is low enough. The EFC criteria and award amounts are adjusted annually, but the 2017-2018 academic year awards range from $606 to $5,920, which could significantly lower the amount you borrow annually. Your next step is to apply for scholarships. You can start by checking online scholarship search engines, such as the Salt Scholarship Search, College Board's BigFuture and Peterson's. But don't forget to take advantage of local organizations and your school's financial aid office. Both may offer scholarships that you can't find with a national scholarship search. [Review these 10 sites to kick off your scholarship search.]For instance, organizations like the Elks Club, Knights of Columbus or the Rotary Club typically offer scholarships annually to local students. Just because you're going to school online doesn't mean you're ineligible. Visit your local library for scholarship listings, and ask around town. You might be surprised how many local organizations offer scholarships. While these scholarships typically aren't large, every little bit counts. Each dollar you receive in a scholarship is a dollar you don't have to borrow and pay interest on. -- Work-study: Another option for online students may be work-study awards. Not all students enrolled in online programs are eligible, but students at some schools -- including, for example, SUNY Empire State College and Liberty University -- are. Work-study awards are not given upfront like scholarships and grants. In most cases, they are an offer to earn up to the awarded amount if you secure an eligible work-study job. While there is a misconception that all work-study jobs must be on campus, students can work for off-campus, nonprofit or public employers as long as the work is in the public's interest. You may be able to work for a for-profit employer if the job is relevant to your course of study. No matter who the outside employer is, it will need to have an established agreement with your college for you to receive work-study funds. Remember, to be eligible for federal financial aid, you must be enrolled and pursuing a degree or certificate. If you're not working toward a credential, Pell Grants and work-study won't be option, but you may still be able to take advantage of private scholarships -- just be sure to read the eligibility criteria carefully. [Explore what to know about financial aid in online programs.]-- Pay as you go: One of the great benefits to enrolling online is the flexible schedule, which can allow you to complete your college coursework around your responsibilities. But prospective students often overlook using their part- or full-time job earnings as an option for paying for college. Almost 80 percent of college students in 2015 worked at least part time while attending classes, according to the National Center for Education Statistics. By budgeting and thinking strategically about your college costs, you can likely reduce your dependence on student loans by paying a portion out of pocket. Many -- but not all -- online programs are less expensive than traditional programs and often have shorter payment periods. Six, eight or 10 weeks are common course durations. Because of the frequency of payments in an online setting, you may be well-placed to pay as you go and possibly avoid borrowing altogether. Attending college online and avoiding student loans may be challenging, but if you are willing to put in the effort, you can limit the amount you need to borrow. More from U.S. News Q&A: Understanding Student Loan Discharge Eligibility Student Loan Refinancing Isn't Right for All Borrowers
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