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Angry Father Confronts Stunned Elizabeth Warren over Student Loan Plan - 'Am I Going To Get My Money Back?'

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Elizabeth Warren’s campaign should be cringing.

Eleven days before the Feb. 3 Iowa caucuses, a video made 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.

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The circumstances surrounding the video weren’t clear — it was posted on Jan. 21. 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.

Do you think the higher education system is to blame for the student loan crisis?

“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 in the afternoon on Jan. 23, the tweet had garnered more than 14,000 retweets and 33,000 likes.

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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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Joe has spent more than 30 years as a reporter, copy editor and metro desk editor in newsrooms in Pennsylvania, West Virginia and Florida. He's been with Liftable Media since 2015.
Joe has spent more than 30 years as a reporter, copy editor and metro editor in newsrooms in Pennsylvania, West Virginia and Florida. He's been with Liftable Media since 2015. Largely a product of Catholic schools, who discovered Ayn Rand in college, Joe is a lifelong newspaperman who learned enough about the trade to be skeptical of every word ever written. He was also lucky enough to have a job that didn't need a printing press to do it.
Birthplace
Philadelphia
Nationality
American




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