House Subcommittee Holds Hearing on Rising Cost of College Tuition
“While Biden continues this disingenuous political ploy, I’ll continue working to expand opportunities in the trades that allow students to graduate with in-demand skills and succeed in our economy.”
Colleges and universities have become so expensive it’s a joke. Who can even afford it?
Campus Reform reports:
House Subcommittee holds hearing to discuss exorbitant tuition costs
This summer, the Subcommittee on Higher Education and Workforce Development held a hearing to investigate what can be done to lower current college tuition costs.
Though both Democrats and Republican legislators agreed that action must be taken to lower the cost of university tuition, Campus Reform asked Committee Chairwoman Rep. Dr. Virginia Foxx if she thinks Democrats have different motivations than Republicans for doing so.
“It’s clear that the Biden administration is using its free college agenda to win votes next election,” she told Campus Reform. “Biden’s allies in Congress are pushing this student loan scheme too, proposing measures that would create a culture of government dependence in America.”
Several GOP lawmakers including Dr. Foxx, Rep. Jim Banks, Rep. Ashley Hinson, and Agriculture Committee Chair “GT” Thompson introduced the PELL Act.
Hinson—representing Iowa’s 2nd District— stated in an email from her press team to Campus Reform that “President Biden’s student loan cancelation scheme is nothing more than a handout to the wealthy and a total slap in the face to working Americans. Iowans who didn’t go to college or already paid off their loans should not be on the hook for someone else’s expensive degree.”
Hinson continued, “While Biden continues this disingenuous political ploy, I’ll continue working to expand opportunities in the trades that allow students to graduate with in-demand skills and succeed in our economy.”
Dr. Foxx informed Campus Reform of some other possible options as well.
“Republicans are offering targeted solutions to lower tuition costs and fix the broken student loan system, such as the Federal Assistance to Initiate Repayment (FAIR) Act and the College Cost Transparency and Student Protection Act,” she stated.
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Comments
You know what else is a joke? This hearing.
How much time and money will Republicans waste re-discovering what Reagan told them 40 years ago: “if you subsidize something, you get more of it.” Also, its price always goes up to eat the subsidy.
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(Pssst: The gods help those who help themselves. Shhh, don’t let anyone in on this complicated, complex, difficult-to-comprehend little secret.)
Could be maybe some of these colleges were fixing to lower prices in the face of Bidenomics and the resultant nationwide reduction in available discretionary spending.
Could be maybe instead of just simply announcing price cuts, could be maybe these colleges have gotten together with these Members of Congress in order to make them look “strong … standing up for their hard-hit constituents.”
Could be.
Maybe.
As we say in our family, “Somewhere between fat chance and no f*g way.”
Obama took over the student loan industry. Loans now backed by taxpayers. Colleges are not stupid and skyrocketed guaranteed tuition knowing it was money in the bank. Simple.
If a bank told me I could borrow as much as I wanted and if I couldn’t make the payments the government would pay it off I’d take that no lose situation and be reliving Magnum P.I. driving my Ferrari into the driveway of my Hawaiian Estate