Al Franken: "Mrs. DeVos, do you still believe in conversion therapy?"
She said student debt has gone up 980% in 8 years. Franken says it's acually 118%.
President Barack Obama has said that a college degree “has never been more valuable.” But if you borrow to finance your degree, the immediate returns are the lowest they’ve been in at least a generation, new data show.
Wages for the typical recent college graduate working full time have risen just 1.6 percent over the last 25 years, after adjusting for inflation, according to the Federal Reserve Bank of New York.
Meanwhile, student debt burdens for the typical bachelor’s degree recipient who borrowed for college have increased about 163.8 percent, according to Education Department data analyzed by Mark Kantrowitz, a financial aid expert; Brad Hershbein, an economist at the W.E. Upjohn Institute for Employment Research; and The Huffington Post.
Total student debt has doubled during the Obama administration.
3 Charts That Show Just How Dire The Student Debt Crisis Has Become | The Huffington Post
guess they are both wrong
...so whats your point?
under Obama, Student Loans Hit A Record High
OCTOBER 28, 2015 By Bre Payton
Graduates from the class of 2014 can thank President Obama that they’re exiting college with the highest student loan burden ever. They graduated with an average of $28,950 in student loans, according to a new study by the Institute for College Access and Success (TICAS).
When TICAS began recording student loan burdens among students at the time of graduation in 2004, the average was $18,550. Since then, it’s increased by 56 percent, more than double the inflation rate of 25 percent.
http://thefederalist.com/2015/10/28/under-obama-student-loans-hit-a-record-high/
and BERNIE didn't know what amount this woman and her family
(...and what have they got to do with this woman's appointment?) had contributed..he was guessing
...and the woman was right - about Bernie's Idea of FREE education
(free liberal arts degrees, REALLY?, then what? welfare for ever?)
bernie wants this woman to agree to being COMMUNIST - FREE education?
WHO THE HELL IS GOING TO PAY FOR IT?
www.youtube.com/watch?v=Vk4imizwSlA
bernie wants to raise minimum wage...does he wanna pay 10 bucks a burger at mickey D's?
who could afford to eat there then?
lol
with the record debts the US is in, it seems to me bernie is the nut on this one
Just wait till the interest rises at the fed while all these students are unemployed, because the obamanots are doing their best to offshore all the decent paying jobs in the US, and then talk about student debt - the kind you cannot erase
...and of course the education system sucks
just look at all the so called educated people who don't seem to realise COMMUNISM SUCKS