Angry Father Confronts Elizabeth Warren over Student Loan Plan ‘Am I Going To Get My Money Back’?

Angry Father Confronts Stunned Elizabeth Warren
over Student Loan Plan – ‘Am I Going To Get My Money Back?’.
Elizabeth Warren’s campaign should be cringing. With only 11 days to go before the Feb. 3
Iowa caucuses, a video is making a splash on social media showing a man furious over
the Massachusetts senator’s much-hyped plan to eliminate the estimated $1.6 trillion in
student loan debt in the country. On her campaign website, Warren makes no bones
about her plan to “cancel student loan debt on Day One of my presidency.” But after the confrontation with the voter
shown in the video, she should be having second thoughts. 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? — JiveBunny (@JiveBunnyMuzik) January 21,
2020 The circumstances surrounding the video weren’t
clear — it was posted on Tuesday. But the circumstances surrounding the man’s complaint
were obvious enough. “My daughter’s getting out of school,
I saved all my money, so she doesn’t have any student debt,” the man told Warren.
“Am I going to get my money back?” “Of course not,” the Massachusetts senator
responded. “So you’re going to pay for people who
didn’t save some money and those of us who did the right thing get screwed?” the father
asked. For Warren, there’s no way around the point.
By vowing to use the powers of the presidency to end student loan debts for those who owe,
it’s unavoidable that she’s not only being unfair to those who paid their debts like
responsible, honest adults, but she’s also devaluing the sacrifice of those who’ve
moved heaven and earth to avoid going into debt in the first place – either for their
own sake or for the sake of their children. It’s a classic case of punishing behavior
that should be rewarded — if nothing else by leaving Americans free to enjoy the fruits
of their own labors. For the Warren campaign, the video presents
an image of a candidate enthralled by her own dreams but being confronted by reality
as it’s lived for millions of Americans. Warren did not come out looking well, and
the social media response showed it. By early Thursday afternoon, the tweet had garnered
more than 14,000 retweets and 33,000 likes. There’s no denying there’s a student loan
crisis in the country – thanks largely to the ease of getting student loans in the first
place and the ease of avoiding repayment. (See an excellent Investor’s Business Daily
editorial from 2015 here.) The arrogant avarice of the higher education
racket, with the hypocritical participation of Warren herself, a former Harvard Law professor,
only made it worse. With customers able to pay on borrowed money,
colleges and universities have been able to increase their tuition and other costs in
a market totally divorced from the disciplines of supply and demand. (And in gratitude for
that government generosity, of course, academics essentially spit on the country that makes
their cushy existence possible, but that’s a different topic.) And Warren’s solution? Divorcing the market
even further from reality by forgiving the loans of those who incurred debt. The exchange had heads nodding all over the
country. And Warren’s campaign team should be cringing.

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