Posted on 01/24/2020 6:37:40 AM PST by Oldeconomybuyer
After being confronted by a man questioning her student loan forgiveness plan, Democratic presidential candidate Elizabeth Warren dismissed his argument. "We don't build an America by saddling our kids with debt," she said on "CBS This Morning" Friday.
In the exchange, which was caught on video and posted to Twitter Tuesday, the father tells Warren that he saved all his money for his daughter's college education. "Am I going to get my money back?" he asked her, to which she said "of course not."
"So you're going to pay for people who didn't save any money and those of us who did the right thing get screwed?" he said.
Asked how she responds to him and others with the same opinion, Warren said, "Look, we build a future going forward by making it better. By that same logic what would we have done? Not started Social Security because we didn't start it last week for you or last month for you."
When asked if she was "saying tough luck" to those people, she said "No," but went into a story about how she was given a shot to go to college even though her family "had no money."
"There was $50 a semester option for me. I was able to go to college and become a public school teacher because America had invested in a $50 a semester option for me," she said. "Today that's not available."
Warren said to save the next generation from trillions of dollars of debt, the country has to invest again.
"We don't build an America by saddling our kids with debt. We build an America by saying we're going to open up those opportunities for kids to be able to get an education without getting crushed by student loan debt," she said.
(Excerpt) Read more at cbsnews.com ...
“Today [cheap tuition is] not available.”
BS.
You can learn d@mn near anything you want, free, via Internet. The proliferation of free books, free courses, free curriculum, free tutoring, etc is absolutely staggering. Most major universities provide online courses free (see ocw.mit.edu for starters).
Insofar as not everything is free, much is cheap.
The only thing arguably expensive is _certification_ - which is just a notable entity acknowledging “yes, you know X”.
Couple with that the proliferation of free money available on a huge array of pretexts.
Even Warren lied about her ethnicity just to get it.
Skin color.
Gender.
Social affiliation.
Religious affiliation.
Good grades.
Local.
International.
Sports.
Disabilities however construed.
Music.
Employer benefits.
My second degree was mostly employer-paid.
My wife’s third degree was free (UGA wanted foreign/female/4.0 to brag on).
My daughter, when picking an instrument for middle school band, was told “pick oboe, French horn, or other obscure instrument and your scholarships will be prolific” (argh, she picked flute).
But no.
Elizabeth Warren et al want to undermine all those options by paying off - with the money of others - those who “just sign here on the dotted line, you’ll afford the payments later”.
$50/semester? I guess it pays to be an Indian native.
$50/semester? I guess it pays to be an Indian native.
“... but went into a story about how she was given a shot to go to college even though her family “had no money.” ...”
Yeah... She fake-claimed her way into school through a fake Affirmative Action claim that she was part American Indian.
Today, when both benefits and salary are calculated, college faculty makes well out of proportion to what their counterparts do in the private sector with similar qualifications and workloads (with some private school exceptions) mainly because the abundance of government loan money has made it possible.
Any loan forgiveness needs to be accompanied by putting at least a portion of those loans back on the institutions which benefited from them and getting the government out of the loan business completely.
Loan rates should be based on the probability of a particular field of study turning into an actually professional career. IOW, quite low for someone majoring in nursing or engineering and high for somebody majoring in professional victim studies.
It’s all about buying votes and pandering. Money is no object.
The (fake) squaw is just banking on getting as many votes as possible from Leftists with college debt. How many is that anyway? Enough to swing an election? Or is she hoping to get on the ticket of the nominee or a Cabinet position (Education?!! Ha ha..).
When tuition is “free”:
- cost will keep rising until running out of taxpayer money
- tangential costs will skyrocket
= required books, on-site housing, other suddenly discovered costs will get even more expensive
Don’t try to outsmart “supply and demand”. Never works out. Want to lower tuition costs? get gov’t completely out of the loan business; make tuition fully deductible, if not an outright 1:1 tax credit.
“Free College” takes power away from parents and gives it to Universities.
Dad says ‘we want you to major in something that offers job prospects after four years or we aren’t paying your tuition.
University says, ‘major is gender research’ with required S&M class4es.
Either way “Dad” pays - through increased taxes or directly - but one way he can help his son/daughter and the other way he can’t...
Nobody forces someone to go to college and incur debt for their degree in Twelfth Century Tibetan Poetry and Medieval Classical Studies.
She’d rather saddle everybody else with their debt.
Typical collectivist moron.
Look Fauxahautis is crazy but the problem of runaway tuition inflation IS REAL.
It is simply the result of almost free money. Promoted by the NEA and parasites like democrappers up and down the political and educational swamp.
Well, then, why do we have to earn anything or pay for anything??
We should not be burdened by the cost of life, right???
I can just sit in Starbucks all day and look at Instagram, while I bemoan the privilege of others, and celebrate my victim-hood.
We need to get away from using the word “free.” There is no such thing. Somebody has to pay for it. It may not be the one who benefits, but sooner or later the bill comes due.
Its a massive, corrupt, Federal government money spigot funding a large, leftist political base. Government’s present control of the debt spigot through Dept. of Education is no different than the government debt spigot that caused the 2007 housing crisis.
No, her argument would be: "Freeing them from this debt will allow them to pay more taxes so that we can hire more federal bureaucrats with fat pensions and pay for "free" dick/vagina swap surgery for illegal aliens."
“We don’t build an America by saddling our kids with debt.”
But if we saddle everyone with poverty causing taxes to pay for Democrats ideas, we’ll destroy America much faster and then declare we need a totalitarian government to straighten out the mess.
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