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Steve Forbes slammed the push from Democratic lawmakers to pay off the student loan debts of everyone, or nearly everyone, in the country, calling it a slap in the face to people who sacrificed and worked hard to not be in debt from student loans.

Forbes made the remarks during a Fox News interview on Saturday. The segment kicked off by showing a clip from earlier this year between then-Democratic presidential candidate Elizabeth Warren and a man who confronted her about her desire to forgive student loan debt.

“I just wanted to ask one question. My daughter’s getting out of school. I’ve saved all my money. She doesn’t have any student loans,” the man said. “Am I going to get my money back?”

“Of course not,” Warren responded.

“So you’re going to pay for people who didn’t save any money and those of us who did the right thing get screwed?” the man fired back. “My buddy had fun, bought a car, went on vacations. I saved my money. He made more than I did, but I worked a double shift, worked extra. My daughter’s worked since she was 10. So, you’re laughing? That’s exactly what you’re doing. We did the right thing, and we get screwed.”

Forbes responded to that clip when he was asked if there was an issue of student debt forgiveness being unfair. “Yes, there is, and it makes people who paid their debts, took their obligations seriously, look like fools.”

“And if they have this debt forgiveness of any kind of scale, we’re going to have people wondering, ‘Why should I pay those obligations? Why should I take those extra jobs? Why should I sacrifice a private university to go to an in-state university to save money and honor my obligations?’” he continued. “So, you make a mockery of people who’ve played by the rules and this gets to the big issue which is, why are college tuitions rising at four times the rate of inflation—the sticker price—which are they rising eight times the cash wages of working Americans?”

“It’s because universities are afflicted with bureaucratic obesity,” he added. “The very government programs studies have shown, that are supposedly helping students, instead lead to higher tuitions, the universities get the money, they add administrative costs, and the students get stuck and their families get stuck with debt and in some cases grants, but with higher debts. So, the universities get the money and students get left holding the bag. So, you got to stop that corrupt gravy train of more and more and more money going to the universities and students getting stuck with the debt.”

Forbes was then asked if he agreed with the following excerpt from a Wall Street Journal Editorial Board piece from January:

The government subsidizes debt, colleges raise their prices, students are told to get more degrees, credential inflation kicks in, and taxpayers eat the losses.

“They do indeed” have it right, Forbes responded. “There are 255 million adults in this country, 45 million have student debt, 210 million do not. Why should those 210 million be subsidizing the other 45 million? It’s not right. So, they got to get to what the Democrats love cause, the root cause. The root cause of the problem is bureaucratic bloat, obesity in the universities, they get more and more money, more and more administration cost—not so much for the classrooms—and students and the taxpayers get left holding these obligations. Not right.”

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6 Comments
  • DAve says:

    Plain and simple, a way for the left to buy votes. Talk about election interference.

  • Marc Rauch says:

    Maybe Schmuck Forbes should have thought of this instead of bad mouthing Trump.

  • george eady says:

    NOTHING NEW HERE . IT IS THEM RATS USEING TAX DOLLARE TO BUY VOTES . AND THEY WILL NEED A LOT COME 2024 . AFTER ALL AMERICA SEE WHAT THEY HAVE DONE TO AMERICA . BUT EVEN THEM THAT WOULD GET THERE DEPT PAYED OFF . WILL GET SCRED AS WELL . THEM TAXES . THEY TOO WILL PAY THEM . WITH SO MANY BILLIONAIRS IN THE DNC . ONE WOULD THINK THEY WOULD USE THERE OWN MONEY TO BUY VOTES ??

  • mike dar says:

    1st… payoff the debts… that is necessary, to make higher Ed free! Then we can have 20 million idiots in college for 8-10 even 12 years… living as if children at home… why even bother growing up or getting a job?! Colleges are where the virgins and drugs are best! Hell, I’m 70 and may go back to school… where 30% are needing tuition just at entrance/Remedial… where 50% now don’t bother finishing 4 years… I’ll go with Gender studies(virgins!) and chemistry(Drugs!) with a side order of Journalism… the one area debauchery, Drugs and narcissism is best served.

    • Fred says:

      Not chemistry. That’s too hard and could actually lead to employment doing something productive. Use political (pseudo) science. That covers debauchery, narcissism, deceipt, pandering, sabotage, fund raising, influence peddling, and more!

  • Intellectual Impaler says:

    Get all forms of Government out of the student loan business. Like the old saying goes…… I’m from the Govt. I’m here to help.

  • CF

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    Nikki Haley Breaks with Trump: ‘We Shouldn’t Have Followed Him, and We Shouldn’t Have Listened to Him’

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    Nikki Haley, former U.S. ambassador to the United Nations, believes that former President Donald Trump “let us down.”

    Haley’s remarks come as the former president’s legal team prepares to present its defense of Trump during his second impeachment trial in the Senate.

    In a Politico interview published Friday, Haley, former South Carolina governor, said that “we shouldn’t have followed” Trump.

    “We need to acknowledge he let us down,” she said in an extensive profile. “He went down a path he shouldn’t have, and we shouldn’t have followed him, and we shouldn’t have listened to him. And we can’t let that ever happen again.”

    She also told the outlet that she has not spoken to Trump since the Jan. 6 riots at the U.S. Capitol, and takes issue with his remarks condemning former Vice President Mike Pence’s refusal to reject the Electoral College vote.

    “When I tell you I’m angry, it’s an understatement,” she expressed. “I am so disappointed in the fact that [despite] the loyalty and friendship he had with Mike Pence, that he would do that to him. Like, I’m disgusted by it.”

    The former ambassador, who many people are speculating may run for the White House in 2024, also added that Trump will never accept the results of the 2020 presidential election.

    “There’s nothing that you’re ever going to do that’s going to make him feel like he legitimately lost the election,” she explained. “He’s got a big bully pulpit. He should be responsible with it.”

    Haley also warned that many people still love the former president and will not stop supporting him just because he is out of office.

    “I know how much people love Donald Trump,” she admitted. “I know it. I feel it. Whether it’s an RNC room or social media or talking to donors, I can tell you that the love they have for him is still very strong. That’s not going to just fall to the wayside. Nor do I think the Republican Party is going to go back to the way it was before Donald Trump. I don’t think it should.”

    Haley added that people, instead, should “take the good that he built, leave the bad that he did, and get back to a place where we can be a good, valuable, effective party.”

    “[I]t’s bigger than the party,” she insisted. “I hope our country can come together and figure out how we pull this back.”

    Referring to Haley’s possible 2024 ambitions, Politico’s Tim Alberta wrote, “Since last fall, I’ve spent nearly six hours talking with Haley on-the-record. I’ve also spoken with nearly 70 people who know her: friends, associates, donors, staffers, former colleagues. From those conversations, two things are clear. First, Nikki Haley is going to run for president in 2024. Second, she doesn’t know which Nikki Haley will be on the ballot.”

    Haley also said that she didn’t believe Trump had a chance of winning in a 2024 election scenario.

    “I don’t think he can,” she admitted. “He’s fallen so far.”

    “I think his business is suffering at this point,” she added. “I think he’s lost any sort of political viability he was going to have. I think he’s lost his social media, which meant the world to him. I mean, I think he’s lost the things that really could have kept him moving.”

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    WATCH: Trump’s Defense Team Absolutely Ruins Democrats With 13 Minute Montage of “Fight” Word Like Trump Did

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    The Democrats demonized President Trump for using the word ‘fight’. Trump’s attorneys responded today with a collage of clips from each of the Democrats in the room using the word ‘fight’.

    This portion of today’s events on Capitol Hill was excellent. The Democrats claim that because President Trump used the word ‘fight’ in his speech on January 6th in Washington D.C. However, what every Democrat in that room forgot was that they too had used the word previously in political speech.

    The montage went on for 13 minutes. (The video montage starts at 7:10 timeframe.)

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    WATCH: Trump Attorneys Destroy House Managers on Lying to American Public and Using Manipulated Tweet as Evidence

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    President Trump’s defense team took the floor of the US Senate on Friday in defense of President Trump in the Senate impeachment trial.

    Trump Attorney David Schoen absolutely destroyed the House Managers when he took to the floor of the US Senate.

    At one point Schoen played video of the Democrat lawmakers lying about a Trump tweet.

    House Impeachment Manager Eric Swalwell gave a riveting performance on Wednesday reading off Trump’s tweets with emotional appeal.

    During this theatrical performance, Swalwell read off a Trump retweet by Jennifer Lynn Lawrence.

    But there was one problem with the tweet. It was photoshopped.

    Jennifer Lynn Lawrence has never been verified by Twitter. Democrats faked that to make it look more important.

    On Friday Trump Attorney David Schoen destroyed Democrats for lying about this to the American public.

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    White House Suspends Deputy Press Secretary For Allegedly Sexually Harassing, Threatening Reporter

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    The White House announced on Friday that it was suspending Deputy Press Secretary TJ Ducklo after a report surfaced alleging that he sexually harassed and threatened a female reporter who was getting ready to publish a report revealing that he was dating a reporter who had previously been tasked with covering Democrat Joe Biden.

    “The confrontation began on Inauguration Day, January 20, after [Politico reporter Tara] Palmeri, a coauthor of Politico’s Playbook, contacted [Axios political reporter Alexi] McCammond for comment while one of her male colleagues left a message for Ducklo,” Vanity Fair reported. “Ducklo subsequently called a Playbook editor to object to the story, but was told to call the Playbook reporters with his concerns. But instead of calling the male reporter who initially contacted him, Ducklo tried to intimidate Palmeri by phone in an effort to kill the story. ‘I will destroy you,’ Ducklo told her, according to the sources, adding that he would ruin her reputation if she published it.”

    “During the off-the-record call, Ducklo made derogatory and misogynistic comments, accusing Palmeri of only reporting on his relationship—which, due to the ethics questions that factor into the relationship between a journalist and White House official, falls under the purview of her reporting beat—because she was ‘jealous’ that an unidentified man in the past had ‘wanted to f***’ McCammond ‘and not you,’” the report added. “Ducklo also accused Palmeri of being ‘jealous’ of his relationship with McCammond.”

    White House Press Secretary Jen Psaki said following the report that Ducklo has been suspended for a week over the incident.

    “TJ Ducklo has apologized to the reporter, with whom he had a heated conversation about his personal life,” Psaki wrote on Twitter. “He is the first to acknowledge this is not the standard of behavior set out by the President.”

    “In addition to his initial apology, he has sent the reporter a personal note expressing his profound regret,” she continued. “With the approval of the White House Chief of Staff, he has been placed on a one-week suspension without pay. In addition, when he returns, he will no longer be assigned to work with any reporters at Politico.”

    Reporters called out the administration over the incident, highlighting how the Trump administration did not treat reporters that way as well as issues with the timeline of events with regard to the White House taking action to address the incident.

    “The Vanity Fair piece indicates that Politico editors reached to the WH after the incident first occurred and the WH acknowledged it was inappropriate,” Spectator editor Amber Athey wrote on Twitter. “But they clearly didn’t have any interest in disciplining Ducklo until his behavior was made public.”

    New York Magazine reporter Olivia Nuzzi wrote on Twitter: “I covered Donald Trump for 6 years. It is saying something that this behavior — from a Biden official — shocks me.”

    Grabien founder Tom Elliott highlighted the following remarks that Biden made a few weeks ago: “If you’re ever working with me and I hear you treat another colleague with disrespect, talk down to someone, I promise you I will fire you on the spot, on the spot. No if, ands, or buts. Everybody — everybody is entitled to be treated with decency & dignity.”

    CNN anchor Jake Tapper responded to the quote, writing: “Standards that are not upheld are not standards. They’re lies.”

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