Dad to Elizabeth Warren on Student Loans: 'can I have my money back'
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A dad confronts Elizabeth Warren to her face and asked about her student loan forgiveness proposals. It turned hilarious when he straight up asked: "can I have my money back?"
The video was posted on Twitter by a user named 'JiveBunny' who said, "A Father confronts
@SenWarren Father : My daughter is in school, I saved all my money just to pay student loans Can I have my money back? Warren: of course not Father: so you want to help those who don't save any money and the ones that do the right thing get screwed?"
This conversation right here confirms what many of us already believe about Elizabeth Warren, that she will lie and is a complete scam when it comes to politics.
On the contrary, I have actually received money back for student loan forgiveness. I believe the amount I received back was about $5,200 and it was part of an initiative where people who work for public service are granted some of their money back after working for a certain amount of years.
You don't get it all paid back, and it's not perfect (totally skewed) but it helps.
Now when it comes to Elizabeth Warren, she's suggested forgiving student loan debt.
Here's the problem - how does that help people who saved their money and already paid their debts? Do they get a refund?
And if Elizabeth Warren puts something like this together, then why would anyone ever save money for tuition if they could just take out loans and have Elizabeth Warren pay them off or forgive them?
This is why the cries for student loan forgiveness in the amount of 100% will not work, because it eliminates the responsibility of paying for your own education.
The biggest way to fix the student loan debt is cut the interest rate down to 1%. The banks will still earn their share and the loans will be easier to repay.
Another way to cut the student loan debt is to control the ridiculous tuition rates some schools are charging. There's no reason for any school to be $20+k per year. Not even close. $10-15k tops, for full courses, books, room and housing should be enough for any well managed school to get by on.
State schools cost this much and they provide wonderful educations.
Another way to help students fix their student debt issues is to not attend a school that costs $100,000 and take a ridiculous major like gender studies. What job will you get with that? Nothing, you can barely make a sandwich with that major, so part of the problem is young people making stupid decisions.
So back to Elizabeth Warren - let's hope she doesn't ever become president, because her ideas are more flawed than her DNA tests.
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