LOWE: I come from a very middle-class family and under President Obama, I get $5,500 per year to pay for school, which doesn’t come close to covering all of the funding, but it helps ease the burden. Under your plan, you cut it by 15 percent. I was just curious why you would cut a grant that goes directly to the middle- and lower-class people that need it the most.
RYAN: ‘Cause Pell Grants have become unsustainable. It’s all borrowed money…Look, I worked three jobs to pay off my student loans after college. I didn’t get grants, I got loans, and we need to have a system of viable student loans to be able to do this.
The second concern I have is, in the health care bill — people don’t know this — for budgetary gimmickry reasons, the administration and Congress at the time, took over the student loan industry. So they had the federal government, the Department of Education, basically confiscate the private student loan industry.
So there’s that.
Also, when Virginia Foxx went to college at the turn of the century, all a lady of her station had to do was pay two buffalo nickels, and she could take all the typing classes she wanted.
ABL aka Angry Black Lady aka Imani Gandy is a recovering attorney with a burning love of fire and perfectly-constructed sentences. The “anger” portion of her moniker stems not from her displeasure at the hellscape that American politics has become, but rather is a symptom of the pituitary tumor which has been indefinitely detained in her brain since 2006. When she’s not pointing out that people are wrong on the Internet – or writing for Balloon Juice, The Grio, The Team Uterati Wiki Project, or RH Reality Check -- she likes long sits on the beach. Also, she thinks gravity is a real downer. You can follow her on Twitter at @AngryBlackLady.
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