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Rep. Miller IssuesStatement on Biden Taxpayer-Funded Bailout for Leftist Colleges and Universities

 

U. S. Rep. Mary Miller

Effingham, Ill. – Congresswoman Mary Miller (R-IL) released the following statement on President Biden’s announcement on student loan “forgiveness”:

“Today, Joe Biden announced a $300 billion taxpayer-funded bailout for leftist colleges and universities that prey upon young people by selling them worthless “humanities” degrees so they can become foot soldiers in the Marxist revolution destroying America,” Miller said. “In the midst of the Biden Recession, Joe Biden is using working class taxpayers to pay off his donors and voters at a time of historic debt, and record inflation.”

“The blue-collar working class is now saddled with the cost of paying off “elite” institutions with billion dollar endowments. They defrauded young people by exaggerating their future earning power that would enable them to pay back those loans.”

“Parents sacrificed for years to save for their children’s college expenses and many students forfeited going to the school of their choice and instead choose community college or instate tuition. Some didn’t go to college because it was unaffordable and didn’t want to pay back loans. Many people worked full time and lived at home to pay for college and lots of graduates have been making college loan payments for YEARS! President Biden’s decision to bailout colleges and universities adds insult to injury and is completely irresponsible.”

“A new majority in Congress must investigate the staggering increase in costs for college degrees, the disconnect between those rising costs and the job prospects of graduates who cannot pay back these loans, and the corrupt endowment system! The U.S. Department of Education’s role is to protect and defend the TAXPAYERS, not the leftist colleges and universities with billion dollar endowments that prey upon borrowers! It’s time to defund and eliminate the U.S. Dept. of Education.”

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