Elizabeth Warren’s Student Debt Forgiveness Insanity [OPINION]
So, you flunked out of college. Perhaps you quit because it was too difficult, or maybe you just lost interest, but you still owe oodles in student loans. No problem. U.S. Senator Elizabeth Warren (D-Massachusetts) is fighting so that you don't have to pay it back.
Warren recently posted to her Facebook page, "About 40 percent of people with student loan debt weren't able to finish their degrees – so now they're stuck trying to pay college-graduate-sized bills on high-school-diploma-sized salaries. We're fighting to #CancelStudentDebt because people need relief."
I am struggling to verbalize my reaction to this. It's outrageous, but is Warren that stupid? Or maybe she thinks we are that stupid?
Let's walk through this. Warren says almost half of the people who borrowed money to pay for college, agreeing to pay it back, can't because they either flunked out or quit and now can't earn enough money to square their debt – and Warren thinks we, the taxpayers, should pay it back for them? Really?
You borrowed money for you or for your kids to go to college, you paid off your loans, and are now being asked to pay someone else's bills? Oh boy, where do I sign up? Maybe you didn't go to college, and you have no student loan debt. Why should you be expected to pay back someone else's?
Whatever happened to accountability? I mean, when did we stop being responsible for our own actions? I'm not entirely sure why Warren thinks this is just and fair because I think it's just more progressive bull crap.
How about if we do this: I will pay my bills, and you pay your bills. Liz Warren, if you want to kick in a few bucks to help out, knock yourself out, but leave me the hell out of it.
Barry Richard is the host of The Barry Richard Show on 1420 WBSM New Bedford. He can be heard weekdays from noon to 3 p.m. Contact him at email@example.com and follow him on Twitter @BarryJRichard58. The opinions expressed in this commentary are solely those of the author.