A congressional hearing addressing the U.S. student loan debt crisis Tuesday saw a Republican congressman bragging his kids graduated with 'zero debt,' while a conservative panel member said borrowers simply made poor choices.
At a congressional hearing addressing the U.S. student loan debt crisis Tuesday, a Republican congressman bragged that his kids graduated with"zero debt," while a conservative panel member said borrowers simply made poor choices."A $1.5 Trillion Crisis: Protecting Student Borrowers and Holding Student Loan Servicers Accountable."
Loudermilk, who represents Georgia's 11th District including several Atlanta suburbs, opened up discussion by relaying a constituent's anecdote about a woman who said she attended a technical school before going"right into the workforce. Loudermilk said he found it"incredible" that in four years she made more money than her sister had incurred in student loan debt by attending college.
Earlier in the hearing, Minhaj railed against banks and the government misleading borrowers and surreptitiously forcing debt upon them. Loudermilk continued,"I'm just wondering because I think of that and two of my three children graduated four-year college institutions with zero debt and no scholarship they actually worked for it, I couldn't pay for it, they actually worked and paid for their tuition even from some colleges you would recognize."
"We tend to cast student loan debt as this thing that only low-income people are taking and it's this huge burden, but many high-income families are choosing to use it," Delisle added.
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