Mr. Speaker, today I would like to address the crippling cost of student debt. Although my Democratic colleagues and I agree substantially on the issue, we disagree substantially on the solution. We need to cure the disease, not just put a Band-Aid on it. Absolving student debt or making college free altogether does not address the problem. It just passes the debt on to people who have responsibly paid off their student loans, while encouraging the reckless spending on administrative bloat in higher education. From 1988 to 2018, the average tuition and fees at public 4-year institutions tripled and more than doubled at private 4-year institutions. We have seen an explosion of vice presidents, counselors, diversity coaches, and all types of administrative staff who have nothing to do with giving their students a means of finding employment. Why? Because they can. The money flows freely from the Federal Government, and they know that--all at the expense of the student. So rather than climbing walls, lazy rivers, and so-called safe spaces and then asking for bailouts, universities should be cutting costs and focusing on educating their students. This frivolous spending has ruined many young people's futures, and that is how we address the calamity of student debt. ____________________
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