Cancel student debt? No way.
Fox News host Greg Gutfeld made it clear in no uncertain terms that he does not support canceling student loan debt.
Gutfeld and former Congressman Sean Duffy began the conversation with some data about college graduates.
According to The Daily Wire:
“While Democrats push to cancel student debt, no parents are debating if college is worth the cost,” Duffy began. “More than half of graduates over the age of 25 don’t actually work in the field of study they got a degree in. And while people play buckets of money for the campus experience they’re getting nearly nothing in return. And the report says 25 percent of grads earn less than $30,000 a year. So Greg, is college worth it?”
“It doesn’t matter if it’s worth it if it’s required in life,” Gutfeld replied. “I mean, a college degree is not meant to give you any knowledge. It’s so — It’s a signal that gets you into the club, it’s a six-figure cover charge to get you into the bar of life.”
“It’s a virtue signal, and it always has been a virtue signal,” Gutfeld continued. “But now the virtue signal of a BA — a bachelors degree — is not enough, so then it’s like, well, this person has a masters, well, this person has a Ph.D. You’re now in an arms race of degrees. And the hangover is you pay it off later.”
“There’s ways to gain experience in life, so you don’t end up six, seven figures in debt,” Gutfeld added. “And by the way, nobody’s paying for it. You’re paying for it. That’s something I would go to war for. Cancel debt? No, no, no, no, no. And everybody who paid their debts would be on my side.”
Gutfeld went on to bring up other debt cancellation options that could help more Americans or alternatives to saddling taxpayers with the responsibility.
“Why don’t we do car loan debt?…that’s more for the working class than for these overeducated, overcaffeinated idiots,” he added, going on to note that if the debt cancellation was being underwritten by the colleges themselves or even the banks, he might support it.