Gary Johnson blames federal loans for rising tuition costs
Libertarian presidential candidate Gary Johnson spoke recently at an event hosted by the George Washington University Libertarians.
In his talk, Johnson laid the blame for rising tuition at the feet of the federal government.
Brianna Gurciullo of the GW Hatchet reports.
Libertarian leader, former presidential candidate blames federal loans for skyrocketing tuition costs
Former presidential candidate Gary Johnson called on the government to end federal student loans, one of the many Libertarian views he advocated for in a talk with supporters Monday.
Johnson, the former governor of New Mexico, ran in the 2012 presidential election on the Libertarian Party ticket, winning nearly 1.3 million votes and outpacing all the other third-party candidates combined. The 60-year-old said “guaranteed” student loans from the federal government encourage colleges to raise tuition costs, spiraling young people into debt.
“And if it would’ve never started in the first place, college tuition today would be dramatically lower. That’s my contention because colleges and universities are immune from normal pricing – from a free market,” he said in an interview after the event hosted by GW College Libertarians. “I am mortified that you’re graduating from college with a home mortgage without a home.”
A graduate of the University of New Mexico, Johnson said he worked as a handyman to help pay his way through school. He founded his own business, Big J Enterprises, after graduation and entered politics in 1994.
A bicyclist and mountain climber, Johnson told the packed room that the end of his 2012 presidential campaign was “like being released from prison.” He later said he believed the majority of Americans are fiscally conservative and socially liberal like him, but his campaign’s lack of funding lead to his downfall.
Libertarian leader, former presidential candidate blames federal loans for skyrocketing tuition costs (The GW Hatchet)
Comments
Is there a debate over that? I wish there were an honest debate in this country.
I’m about to graduate Poli Sci and I’ve taken one class, Latin American politics where there was an honest discussion about market forces. It was the only class inflation was ever discussed. That includes classes on American cities, the Congress, different policy classes… it’s shameful and pathetic