President Barack Obama accused rival Mitt Romney of being oblivious to the burdens of paying for college on Tuesday. He told young voters in battleground Ohio that his opponent's education policies amount to nothing more than encouraging them to tap their parents for money or "shop around" for the best deal.

Meanwhile, Romney was raising money to bolster his campaign in Texas. He told donors that his campaign was "a little wiser in our spending of dollars" than Obama's campaign, pointing to new finance documents released by Obama's campaign on Monday that showed it spent more money in July than it brought in.

Romney and Republicans have outraised Obama and Democrats for the past three months, a sign of broad GOP interest in defeating the incumbent president.