FLOOR SPEECH ON STUDENT LOANS


Senator Elizabeth Warren’s building debate on Jul 8, 2013 on tyro loans.

{ 25 comments }

TheYeomanDroid July 29, 2013 at 1:15 pm

Take your education out of the country! Brazil is growing… the United States does not care about its youth or veterans!

Bruce R. July 29, 2013 at 2:03 pm

I need to proof read more often. lol

Bruce R. July 29, 2013 at 2:50 pm

Trade school is were its at right now. I plan to weld for 5 years then go back to a university to acquire a degree in engineering , i love saving money for something that i need, even if it takes 6 years. I hate debt with a passion

Gregg Homer July 29, 2013 at 3:01 pm

I LOVE YOU SENATOR WARREN!

Mike McKay July 29, 2013 at 3:14 pm

I am currently almost $100,000 in debt. I have been in deferment for almost six months, as I cannot find a job. And these fucking private loan companies are vultures and completely unwilling to work with me to solve the problem. I have received a Master’s Degree in education and am STILL unemployed. Even when I was employed, I was receiving about $2,400 a month and paying $1,200 each month. How am I supposed to afford to live with these astronomical and unreasonable payments?! HELP!!

bj1948 July 29, 2013 at 3:42 pm

What is with all of us….the middle class the almost poor…..none of our kids will be able to go to college before long if we don’t let it be known we aren’t going for this. Listen to what the Republicans want to do!! Pay attention people.

noidonotgofish July 29, 2013 at 4:08 pm

Education already is free for all.

Greg Cocchiaro July 29, 2013 at 4:16 pm

would work for long term, but impossible to implement if this generation has no money to inject into the economy… millions of people spending small amounts of money all over the country is better than banks having money in their savings accounts… So first we need to get young adults out of crazy interest rates so they have money to spend elsewhere, or else the cost of education could never go down…

Angela Guevara July 29, 2013 at 4:16 pm

the government seems disinterested in progress for america, and much more tuned into immediate financial gratification. Elizabeth Warren in 2016…

Shazbo Valen July 29, 2013 at 4:56 pm

I like how Warren isn’t afraid to imply that congress is complicit and conspiratorial and deliberately harming the electorate for personal gain.

proscriptus July 29, 2013 at 5:45 pm

It ain’t just “young” Americans. I’m 43 with two little kids and have another 10 years of payments to go. People go to college and accrue student loan debt at all ages. I’d imagine you’d have more adult learners if it were more affordable.

Kenneth Rothey July 29, 2013 at 6:09 pm

EASY LISTENING!

PolakFury July 29, 2013 at 6:57 pm

Academia are the new bankers.

Chris Smith July 29, 2013 at 7:40 pm

I am in love with Professor Warren

brushrop03 July 29, 2013 at 7:58 pm

So the reason school has gotten so much more is because States just aren’t funding these schools as much anymore. The recession hurt. And since then States just haven’t gotten back to funding them like they were before the recession.

And these for-profit schools. Well….they are just evil. Most of them at least.

1014by July 29, 2013 at 8:45 pm

Why is the government in the student loan business? Because of this, it has helped college tuition skyrocket over 400% in the past twenty years when Consumer inflation has roughly risen 60% in the same timeframe.
My solution, GET OUT OF THE LOAN BUSINESS! The problem isn’t student loans per se, the problem is the astronomical rise in college tuition. When money is handed out like candy, no wonder colleges just keep raising tuition.

purdudan July 29, 2013 at 9:23 pm

Thank you for fighting for us students, Sen. Warren!

Septravarius July 29, 2013 at 9:38 pm

so teachers should work for free?

deigobams3 July 29, 2013 at 10:31 pm

Listen to Phillip peeps!

Phillip Zivnuska July 29, 2013 at 10:38 pm

This country has lost its commitment to the American Dream. If we don’t maximize the education and training of all Americans, we will lose our place as a global leader with dire social, geopolitical and economic consequences. When I was a republican, the party was the champion of the middle class. Now they won’t even use the words. Sadly, most democrats are too timid to be of use. The gentle lady from Massachusetts has more balls than all the rest of congress combined.

MindEFX July 29, 2013 at 10:39 pm

Elizabeth 2016.

salmonslug July 29, 2013 at 10:46 pm

What about people with pre-existing federal student loans that are >6%? Do we care about them? From an economic standpoint, I bet a graduate, currently paying off student loans, would gladly shuffle 3% loan forgiveness into the local economy.

MJ NY July 29, 2013 at 11:00 pm

60 billion a year to keep nuclear weapons – half of what we have would knock out life

David Hyatt July 29, 2013 at 11:57 pm

@noidontgofish. Seriously? You don’t know anyone normal who went to college? Think back to highschool. Think about people that went to college.. Normal people. You’re on hear trying your hardest to sound like a negative GOP ad and lack common sense and memory.

David Hyatt July 30, 2013 at 12:29 am

Please ask this on camera. How come when it came to raising 200 billion over 10 years by restoring the previously historically low tax rate on the countries wealthiest people it wasn’t OK and wouldn’t solve our problems.. BUT increasing student loan interest rates to make even less then that is OK? Then post side by side footage of them voting to keep taxes low for the wealthy and raise interest rates on college students. Thank you.

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