Mike Rowe exposes the student debt cancellation scam

In another articulate and insightful Facebook post, Mike Rowe of “Dirty Jobs” fame explained why he doesn’t support student loan forgiveness and why he pities those who were “possibly sold a bill of goods” by going into debt for a four-year college degree.

“Lots of people on this page have asked me to comment on the various proposals to forgive hundreds of billions of dollars in student debt. Many it seems, suspect that I’ll be supportive of these efforts, since I’ve written at length about the outrageous rise of college tuition, and the scandalous ways in which hundreds of thousands of students have been conned into borrowing ridiculous sums of money to purchase degrees that never lead to an actual job,” Rowe wrote. “Well, for the record, I do not support student loan forgiveness.”

Democratic politicians such as Senate Majority Leader Chuck Schumer (D-N.Y.) have recently championed the idea of canceling up to $50,000 in federal student loan debt for each individual with government loans. Rowe argues that such a policy is fundamentally unfair, “especially to the millions of Americans who have paid their college debts, and sacrificed much to do so.” He also says that American colleges and universities will be incentivized to increase their already skyrocketing tuition rates because now the government is sending a signal that it will pay off student loan bills even if students can’t.

“Tuition will never come back to earth, if we bail out those who borrowed more than they could repay,” Rowe wrote.

He cited an article by National Review’s Kevin Williamson that pointed out how canceling student debt is a boon to the wealthiest and most privileged Americans, not to the poorest.

“The majority of student debt is held by relatively high-income people, poor people mostly are not college graduates, and those who attended college but did not graduate hold relatively little college-loan debt, etc. As the New York Times puts it, ‘Debt relief overall would disproportionately benefit middle- to upper-class college graduates.’ Which ones? ‘Especially those who attended elite and expensive institutions, and people with lucrative professional credentials like law and medical degrees,'” Williamson wrote.

Rowe concluded by expressing sympathy for those struggling with student loan debt.

“You were quite possibly sold a bill of goods,” he wrote. “You were very likely pressured by your friends, your parents, or your guidance counselor, to attend the ‘right’ school. You were perhaps a victim of this persistent, pernicious, and preposterous push to peddle a four-year degree to every person with a pulse, and for that, you have my sympathy.”

“But that’s not my fault. Nor is it the fault of the American people,” he added. “The fault belongs to you, and so does the debt.”

That’s why, Rowe explains, he has worked for more than a decade to encourage people to pursue alternate career paths to obtaining a four-year college degree and why his foundation, Mike Rowe Works, funds work-ethic scholarships to help people get training for skilled jobs.

“I don’t want to see more people borrow money they can’t afford to pay back,” Rowe wrote. “But nor do I wish to pay it back for you. I will however, encourage you to apply for a work-ethic scholarship, and wish you every success in the future.”

9 thoughts on “Mike Rowe exposes the student debt cancellation scam

  1. That’s another reason to get the commies like Schumer out. They don’t care a rats tail about college debt. They’re interested in the votes from those with debt. They’ve already made a poor decision by going into such deft so they’d do it again by voting these losers back in office b

  2. I completely agree! I wish I could’ve gone to college but I couldn’t get grants or even help.
    So I just had to go out and get a job, cause I
    Wasn’t gonna go that far in debt!

  3. Something not mentioned in article is the number of kids going to college for degrees leading to jobs paying under $50,000 per year and building up that much debt per year!!! Ridiculous!!!
    But I am totally AGAINST using tax dollars to bail out the loan companies who backed this debt! That also was not mentioned! These debts are not going to be FORGIVEN….. The debts will be paid off to the lenders with taxpayer money. So the whole scheme stinks to high heaven. Another fine example of how the liberal socialist demoncRATs treat working class people like their personal piggy banks to but the votes of minorities and illegals!

  4. Why don’t they pay me back for the money I spent on my children to make sure they were able to get a higher education. Lets be fair in all of this. Why do these people keep rewarding those that do nothing while taking from people that actually worked and saved.
    I was taught that if you contract a debt then you are honor bound to repay that debt.

  5. If it gets that the commies want to forgive the socialist for running
    up student debt, then I say that that’s OK except the USA government shouldn’t pay for it (the people) so confiscate the Teachers Union Pension Funds to pay the money for it..

  6. You borrowed it, you pay it back. Today there are far too many students in college who should not be there. More emphasis should be made on trade schools, medical support. Many turn out to be professional students and just will not work for a living. Perhaps they should start out serving in the military first.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.