Tim Ryan: “Let us think about a young student today who may be just finishing up high school, or a sophomore or junior in high…”

“Let us think about a young student today who may be just finishing up high school, or a sophomore or junior in high school, getting ready to go, or maybe a kid 10 or 12 years old. What kind of student loan burden are they going to have? If the colleges, public universities go 10 percent, 10 percent, 10 percent, 10 percent over the next 4 or 5 years, Pell grants are not adjusted for inflation, the same problems with the student loans, we tack on more user fees and everything else, and then the debt from the tax cuts. So by the time they get through law school, if they are 15 now, by the time they are 27, 28, 30 years old, they have all of that educational burden. Then they have the burden that we are putting on them from the past 2 or 3 years here. Where is the economic machine going to move at that point when you have so much debt? We are really putting chains not only on our kids, but on the economy.”