Thom Hartmann on forgiving student debt. [View all]
But that doesnt begin to describe the damage student debt has done to America since Reagan, in his first year as governor of California, ended free tuition at the University of California and cut state aid to that college system by 20 percent across-the-board.
After having destroyed low income Californians ability to get an education in the 1970s, he then took his anti-education program national as president in 1981.
When asked why hed taken a meat-axe to higher education and was pricing college out of the reach of most Americans, he said that college students were too liberal and America should not subsidize intellectual curiosity.
Four days before the Kent State Massacre of May 5, 1970, Governor Reagan called students protesting the Vietnam war across America brats, freaks and cowardly fascists, adding, as The New York Times noted at the time, If it takes a bloodbath, lets get it over with. No more appeasement!
Before Reagan became president, states paid 65 percent of the costs of colleges, and federal aid covered another 15 or so percent, leaving students to cover the remaining 20 percent with their tuition payments.
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