TIME Education

Elizabeth Warren Slams Mitch McConnell on Student Loans

Yellen Testifies on Monetary Policy
Senator Elizabeth Warren (Democrat of Massachusetts) listens to testimony from Janet L. Yellen on "The Semiannual Monetary Policy Report to the Congress." on Capitol Hill in Washington on July 15, 2014. Ron Sachs—Corbis

Massachusetts Democrat accuses GOP leader of asking students to “dream a little smaller”

Massachusetts Senator Elizabeth Warren publicly took Senate minority leader Mitch McConnell to task Wednesday on her bill to lower interest rates for government student loans, which failed the Senate last month just two votes shy of breaking a Republican filibuster.

“Last week Mitch McConnell was asked about the student loan bill,” Warren told an obviously friendly crowd of 1,000 young progressives gathered in Washington for the Center for American Progress’s Make Progress Summit. “Mitch McConnell actually suggested that the solution for college affordability is for young people to lower their expectations and become more cost conscious, because he said not everyone needs to go to Yale.”

McConnell made the remarks in a town hall meeting last week, when explaining his support of proprietary education—or for-profit schools—as, he said, it increases competition with traditional colleges:

…I think the best short-term solution is for parents to be very cost-conscious in shopping around for higher education alternatives. Not everybody needs to go to Yale. I don’t know about you guys, but I went to a regular ol’ Kentucky college. And some people would say I’ve done okay.

Warren then asked everyone in the room who had student loans and didn’t go to Yale to raise their hands—and the vast majority did. “His vision for America is that no one reaches higher than they can already afford,” Warren scoffed. “Mitch McConnell may think that the solution to the exploding student loan debt is to dream a little smaller. Well, he is wrong… We are going to build a better country than the one Mitch McConnell envisioned.”

Request for comment from McConnell’s campaign wasn’t immediately answered.

Warren then said the only way to fix the situation was to convince two senators to change their minds, an endeavor she asked the students in the room to help with. Because it’s either change their minds, or elect those that don’t “hire armies of lobbyists and lawyers,” she told the roaring crowd, who gave her an ovation.

The Massachusetts Democrat’s remarks came two weeks after she campaigned for Alison Grimes, McConnell’s Democratic challenger in this November’s elections.

Your browser, Internet Explorer 8 or below, is out of date. It has known security flaws and may not display all features of this and other websites.

Learn how to update your browser
Follow

Get every new post delivered to your Inbox.

Join 45,907 other followers