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Yo_Mama_Been_Loggin

(108,274 posts)
Fri Aug 26, 2022, 06:54 PM Aug 2022

Elizabeth Warren points out Mitch McConnell graduated from a school that cost $330 a year amid his c

criticisms of Biden's student-loan forgiveness: 'He can spare us the lectures on fairness'

Republican lawmakers have been quick to slam President Joe Biden's recent student-loan forgiveness announcement — and Democrats aren't letting it slide.

On Wednesday, Biden announced up to $20,000 in student-loan forgiveness for Pell Grant recipients making under $125,000 a year, and $10,000 for other federal borrowers within the same income cap. While this was a long-awaited policy that many Democrats were waiting for the president to implement, Senate Minority Leader Mitch McConnell was not thrilled with the expansive relief.

"President Biden's student loan socialism is a slap in the face to every family who sacrificed to save for college, every graduate who paid their debt, and every American who chose a certain career path or volunteered to serve in our Armed Forces in order to avoid taking on debt," McConnell wrote in a statement. "This policy is astonishingly unfair."

-snip-

"Senator McConnell graduated from a school that cost $330 a year," Warren wrote on Twitter on Thursday. "Today it costs over $12,000. McConnell has done nothing to fix it — and is irate that the President is stepping up to help millions of working Americans drowning in debt. He can spare us the lectures on fairness."




https://www.msn.com/en-us/money/careersandeducation/elizabeth-warren-points-out-mitch-mcconnell-graduated-from-a-school-that-cost-330-a-year-amid-his-criticisms-of-biden-s-student-loan-forgiveness-he-can-spare-us-the-lectures-on-fairness/ar-AA118qEG

Public colleges are not subsidized like they once were. The trend was started under Ronald Reagan and other Republicans.
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Elizabeth Warren points out Mitch McConnell graduated from a school that cost $330 a year amid his c (Original Post) Yo_Mama_Been_Loggin Aug 2022 OP
$330 in 1964 is $3153.90 today. GregariousGroundhog Aug 2022 #1
Don't speak for me, Sen. McConnell gratuitous Aug 2022 #2
Well said! n/t iluvtennis Aug 2022 #4
Fawk turtle man...... 🤬 🤬 🤬 a kennedy Aug 2022 #3
K n R ! Thanks for posting! nt JoeOtterbein Aug 2022 #5
So one party has leaders that want to help people, Mr.Bill Aug 2022 #6

GregariousGroundhog

(7,526 posts)
1. $330 in 1964 is $3153.90 today.
Fri Aug 26, 2022, 06:58 PM
Aug 2022

McConnell is 80 years old, and I'm assuming he graduated college at age 22.

So his alma matter charges (inflation adjusted) almost four times today compared to when McConnell attended.

gratuitous

(82,849 posts)
2. Don't speak for me, Sen. McConnell
Fri Aug 26, 2022, 07:01 PM
Aug 2022

Yeah, I went to college and was lucky and diligent enough to piece together scholarships, work-study, summer jobs, and fishing through the couch cushions to pay as I went. Helping out other people and relieving them of some of the burden of their college loans isn't a slap in my face at all. I see people who've paid back the money they received two and three times over, and yet are in deeper debt than when they started. That's a slap in the face. And you don't give a tin shit, do you, Senator?

Mr.Bill

(24,334 posts)
6. So one party has leaders that want to help people,
Fri Aug 26, 2022, 09:49 PM
Aug 2022

and the other one wants to hate people. I know which one I'm with.

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