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>> THIS IS PAID FOR, IT IS PAID
FOR AND FAR MORE BY THE AMOUNT
OF DEFICIT REDUCTION THAT WE’RE
ALREADY ON TRACK FOR THIS YEAR.
SO YES, WE CONSIDER IT FULLY
PAID FOR.
>> Rachel: FULLY PAID FOR?
NO ONE BELIEVES THAT FOR A
SECOND.
BECAUSE THE COST OF BIDEN’S
STUDENT LOAN FORGIVERNESS SCHEME
KEEPS GROWING.
ANALYSIS FROM UNIVERSITY OF
PENNSYLVANIA WHARTON’S SCHOOL OF
BUSINESS SAYS IT COULD END UP
COSTING UP TOP $1 TRILLION OVER
A 10-YEAR PERIOD.
THAT’S A TRILLION, WITH A T.
AND THE QUESTIONS, EVEN FROM
ALLIES, ARE MOUNTING.
>> I’M NOT SURE BIDEN’S POLICY
HERE WORKS.
THE OTHER BIG QUESTION ABOUT
THIS DECISION, WHILE I DON’T
DISAGREE WITH THE DECISION HE’S
MADE ABOUT THIS, IS WILL IT
REALLY HAVE THE IMPACT THEY’RE
HOPING FOR WITH YOUNGER VOTERS.
>> Laura: JOINING ME NOW IS DR.
BEN CARSON, NEUROSURGEON AND
FORMER TRUMP HUD SECRETARY.
DR. CARR SON, YOU GREW UP IN A
SINGLE PARENT HOUSEHOLD, WORKED
YOUR TAIL OFF TO GET WHERE YOU
ARE.
WHAT KIND OF MESSAGE DOES THIS
SEND TO KIDS WHO WERE IN YOUR
POSITION AT ONE TIME?
>> WELL, IT’S A HORRIBLE MESSAGE
RACHEL.
THANKS FOR HAVING ME.
FIRST OF ALL THIS IS NOT HELPING
THE INFLATION SITUATION.
SECONDLY, IT’S CLEARLY UNFAIR TO
OTHERS WHO HAVE WORKED VERY HARD
TO PAY OFF THEIR DEBT.
YOU KNOW, I BORROWED A TOTAL OF
$1,150 WHEN I WAS AT YALE, THEY
HAD AN OPTION YOU PAID BACK NOT
ACCORDING TO WHAT YOU BORROWED
BUT HOW MUCH MONEY YOU MADE.
SO I PAID IT BACK MULTIPLE
MULTIPLE TIMES.
AND ONCE I GOT ON THE BOARD, YOU
KNOW, IT WAS ONE OF THE FIRST
THINGS I WORKED TO GET RID OF
BECAUSE IT WAS UNFAIR.
AND THAT’S REALLY THE ISSUE
HERE.
THIS IS SUPPOSED TO BE A COUNTRY
WHERE WE HAVE LIBERTY AND
JUSTICE FOR ALL AND YET NOW WE
HAVE THIS PLAN WITH THE DEBT
CANCELLATION, OVER $500 BILLION
RIGHT THERE, LOAN FOR BAIRNS
ANOTHER 15 BILLION, INCOME PLAN
ANOTHER 70 BILLION, THE AMOUNT
KEEPS GOING UP AND THAT’S
ASSUMING EVERYTHING IS STATIC.
IT’S REALLY A BAILOUT FOR THOSE
PEOPLE WHO DON’T NEED A BAILOUT WHO ARE ALREADY ON THE PATHWAY
WHO ARE ALREADY ON THE PATHWAY
TO FINANCIAL SUCCESS AND YOU’RE
ASKING MEAN CAN LEAST AFFORD IT,
THE MIDDLE CLASS AND THE POOR,
TO PAY FOR IT.
HOW IN THE WORLD IS THAT FAIR?
AND IT’S SORT OF THE SAME
MENTALITY THAT SAYS, WE DON’T
CARE THAT THE SOUTHERN BORDER’S
OPEN AND ALL THESE PEOPLE ARE
FLOODING ACROSS, EVEN THOUGH
IT’S UNFAIR TO THE PEOPLE WHO
STOOD IN LINE AND WAITED AND DID
IT THE RIGHT WAY.
WE DON’T CARE.
>> Rachel: YEAH.
>> AND THEY SORT OF DECIDE --
DESIGN AND DEFINE WHAT IS FAIR,
AND IT’S NOT WHAT’S FAIR.
>> Rachel: THERE’S A LOT OF TALK
ABOUT HOW IT’S A WAY TO WOO
YOUNG VOTERS TO BRIBE THEM BUT
IT’S ALSO A PAYOFF TO THE
UNIVERSITIES WHO HAVE BEEN DOING
THE WORK FOR THE DEMOCRATS
INDOCTRINATING STUDENTS AND
CREATING LITTLE DEMOCRATS.
>> NO QUESTION ABOUT THAT.
AND THAT’S A WHOLE OTHER ISSUE.
WHY SHOULD THE FEDERAL
GOVERNMENT WITH FEDERAL DOLLARS
BE SPONSORING INDOCTRINATION
CENTERS.
AT SOME POINT PEOPLE ARE GOING
TO HAVE ENOUGH COURAGE, I HOPE,
TO ACTUALLY DEAL WITH THAT
SITUATION.
>> Laura: YEAH, WE HAVE ON
SCREEN A GRAPH HERE OF JUST HOW
MUCH TUITION HAS INCREASED.
IT’S A TRAVISITY BECAUSE THIS
POLICY, THIS DEBT FORGIVENESS,
DR. CARR SON, IS GOING TO DO
NOTHING TO STOVE UNDERLYING ROOT
PROBLEM WHICH IS THE OUTRAGES
INCREASE IN COLLEGE TUITION.
>> WELL, THE AMOUNT OF MONEY IN
PRIVATE COLLEGES AVERAGE
$51,000.
AND WHEN YOU GET NOT YOUR MORE
EXPENSIVE ONES, YOU’RE PUSHING
70, $80,000.
>> YEAH.
>> IT’S RIDICULOUS.
>> YEAH.
>> IT’S NO WONDER SOME PEOPLE
ARE DECIDING THAT THEY DON’T
WANT TO DO IT ANYMORE.
>> Rachel: YEAH.
WELL, THEY’RE SITTING ON MASSIVE
ENDOWMENTS AS WELL BUT THEY’RE
ASKING FOR MONEY FROM THE MIDDLE
CLASS AND THE POOR, AS YOU SAID.