Tim Ryan: “That is $27,000 for each person. So if you are a baby born today, right now, my nephew, Nicholas, born 3 weeks ago, he…”

“That is $27,000 for each person. So if you are a baby born today, right now, my nephew, Nicholas, born 3 weeks ago, he owes $27,000 to pay for the debt. Now as we look at the numbers, as the gentlewoman stated earlier, he is going to go to college and have to borrow money, $17,000, $18,000, now an additional $6,000. So this kid before he even gets out into the workforce to have a full-time job is going to owe $27,000 on the debt and $23,000 on student loans. That is $50,000. Run that out 22 years, plus the additional burden we are putting on this young fellow, and what kind of future are we leaving to this kid?”