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Ron Paul and College Loans

I am always amazed when I see young people in college supporting Ron Paul.

Many Facebook acquaintances are fervent Paul supporters, posting his rantings about doing away with government interference with the market.

I happen to know that many of these kids have loans and scholarships funded by taxpayer dollars to study such things as history, music and other arts.

Here’s Paul’s response to the question, “Would you abolish all federal student aid”:

“Yes, because there’s no authority to do this, and just think of all this willingness to want to help every student get a college education. So they’re a trillion dollars in debt, we don’t have any jobs for them, the quality of education has gone down, so it’s a failed program. I went to school when we had none of those. I could work my way through college and medical school because it wasn’t so expensive. So when you run up debt, you print money, costs go up in the areas that the government gets involved in: education, medical care, and housing. So it’s artificial and distorts the economy.”

So, put your money where your mouth is. Let’s have the money back with interest, you freeloaders.


December 5, 2011 - Posted by | Economics, Politics, Republicans | , , , , ,

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