You are talking about Reaganomics now. Reagan's first budget and the second budget, way back in 1981-82, zeroed out, zeroed it out. Oh, yes, yes, go look at it, go look at it. I well remember it because I know what it would have done. What that does, when you cut those student loans, you are telling our young people you get a high school education--unless you are wealthy, and you are the only one that does get a higher education--you get a high school education, you have got to live with it. You try to make a living today with it, you cannot do it.
Harold Volkmer: “You are talking about Reaganomics now. Reagan's first budget and the second budget, way back in 1981-82, zeroed out…”
On the recordJanuary 20, 1995
Source
govinfo.govEditor's note · Context
Discussing the impact of Reagan's budget cuts on student loans and higher education access.
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