Political Quotes

On the recordSeptember 10, 2012
Then add the fact that this generation that's graduating from college today is going to be left with a $16 trillion debt; and, by the way, that's just what it is today. It's growing each and every second. In just a few years, that number goes up dramatically to over $20 trillion if nothing is done to stop the runaway debt crisis that we have right now. You mentioned the Associated Press article that talks about one out of every two graduates from college today being unemployed or underemployed, but that same Associated Press report talks about this, taking unemployment into consideration, the job prospects for bachelor's degree holders fell last year to the lowest level in more than a decade. So we've seen this conversation take place about, you know, are we better off today than we were 4 years ago. Well, here's a statement from the Associated Press, when it comes to people who are graduating from college, that says, ``Taking underemployment into consideration, the jobs prospects for bachelor's degree holders fell last year to the lowest level in more than a decade.'' How are these families going to make ends meet? How are recent college graduates, some who come out of college with a family, going to pay back their student loans? We have seen Federal student loans soar 275 percent over the past decade. Over the past decade student loans have increased over 275 percent; yet job prospects are as bleak as they have been for 10 years or more.…
Said by
Cory Gardner
Republican · Colorado
Source
govinfo.gov
Sep 10, 2012

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