Rep. Virginia Foxx On People With Student Loans: ‘I Have Very Little Tolerance’ For Them
Damn kids with their rock & roll and their portable telephones!
FOXX: I went through school, I worked my way through, it took me seven years, I never borrowed a dime of money. He borrowed a little bit because we both were totally on our own when we went to college, totally. [...] I have very little tolerance for people who tell me that they graduate with $200,000 of debt or even $80,000 of debt because there’s no reason for that. We live in an opportunity society and people are forgetting that. I remind folks all the time that the Declaration of Independence says “life, liberty, and the pursuit of happiness.” You don’t have it dumped in your lap..
Hmm, and may I remind you that the Declaration of Independence was written as P.R. and is not a legally binding document?
But setting that aside for the moment, do you actually hear the words that are coming out of your horrible bile-coated hate-hole? Because you're not really making much sense. Let's look at what you've said here.
I went through school, I worked my way through, it took me seven years, I never borrowed a dime of money.You know what, I got through college without borrowing any money either. Mainly because college was a lot cheaper back when I went. I'm guessing that in the late mesozoic era when you were attending classes, it was even cheaper. College is way more expensive now.
(source: CNN Money)
And it seems like you should realize this, seeing as how you refer to young people who "graduate with $200,000 of debt or even $80,000 of debt." Do you think that a student, following your example, could earn $200,000 in 7 years while attending college classes? Does that really seem feasible? Especially if the student, following your example, is "totally on [her] own when [she] went to college, totally" Does it seem reasonable to think that a student is going to be able to earn that kind of money working the kind of job that a student without a degree is going to be able to get?
All right! Another $100,000 tip!
And then you say this:
We live in an opportunity society and people are forgetting that.
I don't think anyone is forgetting that. I think the reason that people are paying so much to go to college is so that they can take advantage of the opportunities afforded to us as Americans. But that costs money. Lots and lots of money.
I remind folks all the time that the Declaration of Independence says “life, liberty, and the pursuit of happiness.” You don’t have it dumped in your lap.
Yeah, see, I don't think that spending every cent you have and going tens of thousands of dollars into debt in order to grind through 4 years of higher education so that you can make yourself attractive to potential employers is exactly "having it dumped in your lap."
Also, when you say: I have very little tolerance for people who tell me that they graduate with $200,000 of debt or even $80,000 of debt because there’s no reason for that.
I have to contradict you. There is absolutely a reason for that. And the reason is simply this: BECAUSE THAT'S HOW MUCH COLLEGE COSTS!!! Do you think that college students are borrowing a hundred grand to go to a school that costs a couple hundred bucks a semester?