“I went through school, I worked my way through, it took me seven years, I never borrowed a dime of money. [...] I have very little tolerance for people who tell me that they graduate with $200,000 of debt or even $80,000 of debt because there’s no reason for that. We live in an opportunity society and people are forgetting that. I remind folks all the time that the Declaration of Independence says “life, liberty, and the pursuit of happiness.” You don’t have it dumped in your lap.” Rep. Virginia Foxx (R-Crazy Caucus) on student loans
Yeah, when Foxx went to college, it was way easier to pay your own way. I couldn’t find tuition rates for UNC, Foxx’s alma mater, for the years she attended. But, by way of another example, in-state tuition at University of Georgia in 1960 was around $195 per semester — or $ 1,355 in 2012 money. Today, the actual tuition is $4,964. Four times higher, adjusted for inflation. And that doesn’t include housing, food, books and other fees. Paying your own way while achieving any sort of academic success is nearly impossible.
Yeah, okay, I’m rationalizing the words of a crazy lady. Moving on…
Adding… Foxx is the chairwomen on the Subcommittee for Higher Education. Sleep tight.