Hour 2: Biden's student loan bill is just a bribe to entice younger voters.

Mark Simone

News

4.4 • 652 Ratings

🗓️ 30 August 2022

⏱️ 33 minutes

🔗️ Recording | iTunes | RSS

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Summary

Colleges have over 750 billion dollars in endowments and can afford to let everyone go to college free. Monica Crowley Interview: Monica and Mark talk about President Biden hitting the road to sell his student loan forgiveness program. The president says he is fighting the soul of the nation.

Transcript

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0:00.0	Mr. New York, Mark Simone.
0:03.2	710 W-O-R.
0:06.9	Well, we'll get to, hey, Democrats, think what Joe Biden is doing is incredibly stupid.
0:11.3	We'll get to that coming up.
0:12.3	We'll get to Mike Pompeo.
0:14.0	We'll get to Serena.
0:15.4	We'll get to Eric Adams.
0:17.3	And, hey, can you believe it's Thursday is September? Joe Bartlett, is that possible? Thursday
0:24.8	September 1st? Yeah. Oh my God, what happened? It was just summer. It was just getting going.
0:31.1	It was, this is, how could it be September already? It's Labor Day weekend, this weekend, paying off the student loans. This
0:40.7	probably will never happen. It's just a typical democratic scheme. What Democrats do when it gets to
0:49.6	be election time, they look carefully at the polls, see where they got problems. For whatever reason,
0:55.5	they've lost younger voters, especially under the age of 30. They're just losing them like
0:59.6	crazy in the polls. And that's why this stupid gimmick, they see that in their internal polls.
1:05.6	Then they do some research. Find out the big issue with those younger people is student loan
1:10.3	debt. So they come up with this stupid thing to younger people is student loan debt.
1:14.1	So they come up with this stupid thing to pay off the student loan debt.
1:18.0	It's just a gimmick, a typical democratic gimmick.
1:23.3	It does nothing to address the underlying problem, which is the out-of-control education costs.
1:27.1	Now, think about this.
1:34.8	All these universities and colleges together have $750 billion in their endowment funds.
1:41.7	That's enough to generate enough interest in payment every year to pay for everybody's education. All of these colleges and university, with all that money,
	...

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