'Boomer' Caller SHATTERS Silly Arguments Against Student Debt Relief

A listener calls in to say that people in her generation have no idea how much college costs right now.

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Okay, this is the final call of the day. Calling from an 814 area code who's this where are you calling from? Hey Margaret from Pennsylvania. Can you hear me? Yes, sorry there's been a delay since I'm at home. How are you, Margaret? I'm good, how are you? you good what's on your mind good well I was calling because I'm a boomer. And I have heard lots of my peers bitching and moaning about the ten thousand dollars. When I went to college I went to a state school. My mother made sixty thousand dollars a year. This was in the late seventies. And she sent three of us to a state college. and I remember it was seven hundred dollars a semester. And That included room and board. so he didn't have to take out loans. I know, right? so when my kids came of age they were all in their 30s now. but I remember thinking well gee I'll just send them to this state college and you know and we were making about sixty thousand dollars this was in that in the 2000s. okay, so that says something right there. I remember filling out the FAFSA paperwork and it said we could afford to pay $15,000 a year according to their calculations. and I was like what? Then I thought okay, the kids have to make loans because we can't afford the tuition. it had you know gone it was way up. and so I remember going through the loan process and there was a choice you could do a parent plus loan. that was four percent interest. and that meant that if your kids couldn't pay you were on the hook for whatever they borrowed. I said to my husband I'm not doing this because god does we'll wind up on the streets if the kids can't get a job. so anyway they all did the FAFSA paperwork they all have about thirty thousand dollars worth of debt. and they're all working. but then paying it back it's like another mortgage payment. And I think that people my age don't understand how things have changed. they really they'll give you that line oh well I worked my way through college. and you know that I don't see why they can't. and it's it would have been impossible.