Progressives Hit Back at Betsy DeVos over Student Loans as Pressure Grows on Biden to Forgive Debt
Prominent Democrats have denounced Education Secretary Betsy DeVos for her criticism of proposals to waive student debt and allow people to get free college tuition.
President-elect Joe Biden has said he wants free higher education for families that earn less than $125,000 a year and he has also backed a proposal to forgive $10,000 in federal student debt.
But DeVos believes that a free college program would hurt the economy, telling the Federal Student Aid office's virtual conference that "the campaign for free college is a matter of total government control."
"Make no mistake, it is a socialist takeover of higher education," she said, "some of you might not find that notion as scary as I do. But mark my wordsnone of you will like the way it will work."
https://www.msn.com/en-us/news/politics/progressives-hit-back-at-betsy-devos-over-student-loans-as-pressure-grows-on-biden-to-forgive-debt/ar-BB1bzffj?ocid=DELLDHP&li=BBnbfcL
DeVos's comments prove that those who run pyramid schemes are just as lousy at economics as casino owners.
The properous years of the 1950s and 60s were in a large part due to affordable public colleges and returning WWII vets who went to college on the GI Bill.