Romney on student debt: Join the military
Republican presidential candidate Mitt Romney on Monday told a high school senior not to expect any help from the government for college tuition unless he joined the military.
At a town hall-style campaign event in Mahoning Valley, Ohio, a student who was hoping to go to college next year asked the candidate what assistance he would provide “with regards to college tuition.”
“Recognize that college is expensive,” Romney explained. “You don’t want to have huge debts. I know that it would be popular for me to stand up and say I’m going to give you government money to make sure you pay for your college. But I’m not going to promise that. What I’m going to tell you is shop around, get a good price.”
“I feel that if you are willing to serve your country in the military for instance, that’s a place where we’re going to say, ‘Yeah, we’ll give you help,'” the candidate added.
“Don’t take on too much debt, and don’t expect the government to forgive the debt that you take on. Recognize that you’re going to have to pay it back. I want to make sure that every kid in this country that wants to go to college gets a chance to go to college.”
In his State of the Union address earlier this year, President Barack Obama outlined his own plan to make college more affordable by restraining tuition growth, keeping interest rates for college loans low, doubling the number of work-study jobs and creating a permanent tax credit of $10,000 over four years of school.
Watch this video from CNN, broadcast March. 5, 2012.