BOSTON, March 27, 2007

Romney Offers Student Fundraisers A Cut

"Students For Mitt" To Get 10 Percent Of Money They Raise Beyond First $1,000

  • Harvard Law School student Sarah Isgur poses at her desk at the Romney for President headquarters in Boston, Friday, March 23, 2007. Romney is acutely aware of the motivating power of money. His presidential campaign hopes it will have a similar effect on college students, which is why it's offering them a cut of their fundraising.

    Harvard Law School student Sarah Isgur poses at her desk at the Romney for President headquarters in Boston, Friday, March 23, 2007. Romney is acutely aware of the motivating power of money. His presidential campaign hopes it will have a similar effect on college students, which is why it's offering them a cut of their fundraising.  (AP Photo/Elise Amendola)

(AP)  A millionaire thanks to his work as a venture capitalist, Mitt Romney is acutely aware of the motivating power of money. His presidential campaign hopes it will have a similar effect on college students, which is why it's offering them a cut of their fundraising.

Participants in "Students for Mitt" will get 10 percent of the money they raise for the campaign beyond the first $1,000. While candidates often offer professional fundraisers commissions up to 8 percent, campaign experts believe the Massachusetts Republican is the first to do so with the legion of college students who have historically served as campaign volunteers.

"For the kids that want to get involved in a political campaign and they don't want to spend their summer painting houses, they can help the campaign and themselves at the same time," said Romney spokesman Kevin Madden.

Others take a dimmer view.

"It may very well succeed, but I'd like to think that he'd approach young people and college students based on their commitment to the country, not because they want walking-around money," said Steve Grossman, a prominent Massachusetts fundraiser and past chairman of the Democratic National Committee.

Romney, former governor of Massachusetts, is engaged in a fundraising battle with rivals for the 2008 GOP presidential nomination, including such better-known candidates as Sen. John McCain of Arizona and former New York Mayor Rudy Giuliani.

Presidential candidates face a first-quarter fundraising deadline this Saturday, with reports released on April 15. Those totals will strongly contribute to perceptions of political viability.

Running third or worse in public opinion polls, Romney is looking to raise at least $15 million to cement his status as a top-tier candidate.

Successful applicants to Students for Mitt get an ID and source code so the campaign can track donations made at their behest.

The participants are asked to contact members of their academic, social and family circles, and point them to Romney's Web site. The students get 10 percent of all money above $1,000 that is contributed under their ID and source code.

"I spend a lot of hours at the campaign here," said Sarah Isgur, second-year student at Harvard Law School, who is raising funds from classmates, friends and family members, among others in the Boston area. "Some students are working at a law firm and earning $3,000 per week. My opportunity cost is pretty high some times, and this can take the edge off that."


© MMVII The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.
Add a Comment See all 14 Comments
by billpl-2009 March 28, 2007 10:13 AM EDT
let's not forget about the other 15% he has to give to the LDS.....so he actually only gets to spend 75% of the total loot collected.
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by fizzal-2009 March 28, 2007 2:51 AM EDT
I hope they can even calculate interests rates cause some time i wonder when they show up for work without a pencile and ruler.
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by jsilver2th March 28, 2007 1:45 AM EDT
My DRAFT COLBERT FOR PRESIDENT committee will pay these students 75% of everything they raise over $500- As a venture capialist I'm sure Mitt appreciates the competition. Also our positions for Mr. Colbert's campaign will be market driven so tell them what they want to hear.
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by jacksteen1 March 27, 2007 11:34 PM EDT
Mutt Romney, spawn of the plural-marriage band mormons (small letters for cults, kids) is truly a pathetic human being. His cult gets their bulletins from Gawd from talking white salamanders...and yet CBS dares to try to legitimize his foolishness with comparisons to JFK's Catholicism.

N O T

Joseph Smith was a fraud of the worst kind - the mormon 'church' has spent untold millions of dollars buying up early records of his lies and fabrications in the 'translation' of the 'golden tablets' that started this ruse on the world...and even murders were done in his name as recently as the 80's to cover up his duplicity and evil.

We need a cross-eyed, inbred drooler Fundamentalist nerd to represent us ? I think not.

Back to Utah with the rest of your drooly band of idiots and Yellowhammer clods, Mutt.
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by fredgrad2000 March 27, 2007 7:28 PM EDT
"GOP rotten to the core"? Please, first the article said that all campaigns pay commissions of up to 8% to professional fundraisers, but second, I'd rather have the money go to "amateur" paid college students than the "professionals" who set-up the Hollywood fundraisers for the Dem candidates with all the looney money that Hillary and others take by the barrel from lunatic, America-haters like Sean Penn, Tim Robbins, Michael Moore, and that like.
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by jsilver2th March 27, 2007 7:28 PM EDT
Sarah Isgur -the "student" featured- is this Kevin Madden's idea of a "kid"?

From Hardvard Law Federalist Society page: "Hailing from the great state of Texas, Sarah graduated from Northwestern University with a degree in history and political science. During college, Sarah completed her thesis at the London School of Economics on the Americanization of British campaign communication. After serving as a press secretary on Capitol Hill, Sarah became Deputy Director of Congressional Communication for the Federal Aviation Administration."


www.law.harvard.edu/students/orgs/fedsoc/bios/2006_officers.shtml
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by jsilver2th March 27, 2007 6:44 PM EDT
"Romney spokesman Kevin Madden"

Didn't this guy work for Tom DeLay and Alberto Gonzales and Bush and Cheney?

Off to a good start prooving your more of the same Mitt buddy.
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by jsilver2th March 27, 2007 5:49 PM EDT
Like little missionaries... You can spot the Mormonistic thought... Now how much will McCain offer? Why only college students? What about Seniors and others?
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by obquiet March 27, 2007 5:00 PM EDT
I love it! Gotta love this country!
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by obquiet March 27, 2007 4:44 PM EDT
I love it! Now that's the way to do it! Gotta love this country and capitalism.
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by newsreader2 March 27, 2007 4:14 PM EDT
Sounds like poor public relations...poor judgement.
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by scott4261 March 27, 2007 3:52 PM EDT
Jeez. As much as love political campaigning, I wouldn't want to sell my soul to the dark side to get paid for it! The passion of volunteers who do this soley for the issues they believe in and the country that they love is what gives campaign work energy.
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by dallison7 March 27, 2007 3:19 PM EDT
IS THIS LEGAL??

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by Syndicate March 27, 2007 2:28 PM EDT
Your Ideals can only take you so far. Cold hard Cash can get you the rest of the way. I think this gives students who would normally have to work a chance to participate in the system. Other canidates should do this.

$3,000 a week? $150,000 a year as an intern? I'm in the wrong buisness.
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