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(Video: Fox News)
Fox News host Greg Gutfeld blasted ‘The Squad’ for trying to stick American taxpayers with another massive bill after two of its radical-left members, Reps. Alexandria Ocasio-Cortez (D-NY) and Rashida Tlaib (D-MI), complained on the House floor about their student loan debt.
President Joe Biden reportedly plans to end the current pause on student loan repayments effective February 1, 2022.
On Tuesday’s episode of “The Five,” Gutfeld seemed less-than sympathetic to the AOC-led pity party, during which the latter claimed (without evidence, as it were) that “we have a moral obligation, an economic obligation, a political obligation, to cancel student loan debt.”
Members of Congress, even back benchers, earn $174,000 a year.
Looking directly into the camera, Gutfeld decided to school the politician about the magic of the marketplace, which includes taking personal responsibility: “You know what? Screw you! No one has to pay your damn debt! That’s on you! It is not a moral obligation on anybody for the decisions that you made.”
“You know what’s better? Why not do car loan debt…that’s more egalitarian. AOC probably doesn’t have a car in New York, right? She doesn’t need one, or she has a driver. I bet that driver has car loan debt. Why don’t we do car loan debt?…that’s more for the working class than for these overeducated, overcaffeinated idiots,” he asserted.
Gutfeld acknowledged that he could support student-debt cancellation “if the colleges paid for it, or if the banks did. But you put that on taxpayers, I will join the Army because you ain’t making me pay for your stupid [debt],” he joked, apparently holding back an expletive.
Co-host Dana Perino noted that, in addition to attending an expensive college, Ocasio-Cortez drives a pricey Tesla and wears designer clothes.
“And she’s complaining about the student loan debt?” She went on to predict, however, that Joe Biden will cave to the demands of the socialist cohort because “he can not afford a Squad uprising, and he’ll cave just like he did on the rental moratorium and then cross his fingers that the courts will deny him that ability.”
Co-host Dagen McDowell added that “I want my mortgage forgiven, and also I want them to cut my father a check for helping pay for my college.” She went on to say that “and by the way, AOC is a testament of why you shouldn’t pay a lot of money for an education.”
The current price tag to attend Ocasio-Cortez’s alma mater Boston University, is $300,000, according to McDowell. “[AOC] got out – degree in economics – didn’t know how the damn unemployment rate was calculated. So that’s what you get for your three [hundred] grand that you pay at BU.”
“Ever noticed that when we do a Squad segment,” Jesse Watters observed, “it’s ‘the Squad demands this, the Squad demands that.’ This is like the hostage negotiation all over again. It’s really exhausting.
“Notice how AOC, though, she structures her argument this way: I have debt, so we have to fix my debt problem. Oh, I’m convinced. Where do I cut the check, AOC? I was just about to pay some charity to help kids with cancer…” he added.
Sitting in the liberal chair, Geraldo Rivera seemed to agree with the consensus around the table and described college as a “racket” that has disproportionately boosted tuition. His solution: limit both the loan principal and the interest rate.
There are several issues in play with regard to college tuition, among them is that these institutions have limited incentive to rein in costs given the availability of federally guaranteed money. In this environment, the non-teaching bureaucracy, including equity gatekeepers, has expanded. A number of these universities have huge endowments, which may be what Gutfeld was alluding to.
The student loan market is a $1.6 trillion Ponzi scheme that provides $325,000 salaries to bureaucrats who pretend they are “oppressed.”
One solution is to make universities partially liable for student loan defaults. Force them to have skin in the game. https://t.co/lCkd1offyr
— Christopher F. Rufo ⚔️ (@realchrisrufo) December 14, 2021
Moreover, a STEM degree is one thing. Many graduates receive degrees such as in art history, gender studies, and liberal-arts studies in colleges that are functioning along the lines of ideological indoctrination factories with minimal applicability to the real-world workplace, thus making it even more difficult for degree holders, disgruntled or otherwise, to pay back loans.
Whether they were misled in pursuing a particular course of study and whether that turns out to be theoretically legally actionable, are entirely different matters.