but i think, megan, where i agree with you, and i want you to elaborate, is where we put pressure on those institutions to deal with the higher tuitions and to deal with what they are doing to try to meet the hour. i happen to think the way the president moved yesterday was good in terms of direction. i wish he d gone further. but i think that it does not address the escalating college prices or college the amounts they re getting for tuitions and all. i think there needs to be more focus on how we kind of bring that in. well, i think that this is a huge problem. no one really has a very good idea about how to control the cost of college. so what we have done continually is say, look, this is a really big problem. i know, let s increase the subsidies. and especially when you think, you know, college professors, administrators, those are key
to citizenship status to every wave of illegal immigrant? do you give $10,000 in debt forgiveness to every generation of college student? you can t. the point we re making is college prices will continue to go up, to continue to be hyper inflationary because of these policies. last point and it is not a hand waving point. it is important. culturally what do you say to blue collar people that didn t go to college and they have to shoulder the tax burden for this and all the people who paid off college debt? that you were stupid to pay off your debt? wait for the government to forgive it? this is a real cancerous idea to our culture. we ll see where the president goes from this when we hear from him later today. thank you very much. great to see you. thank you. the challenges facing our southern border agents on full display in a new video. two suspected smugglers attempting to take on agents on
colleges, you see a stark difference there. the average should be $10,000 instead of the 20,000 on average that families pay today. the price of tuition has moved almost lock step with the federal loan expansion. that s why we see this well above inflation. one study from the federal reserve bank of new york finds the average tuition increase associated with the expansion of student loans with as much as 60 cents per dollar. if this is granted, we know what happens next. for the colleges, they don t really have a good inseptemberive to lower their prices here because they know that students can simply turn to the student loan system to borrow more money as they increase their prices. so again, this doesn t loan forgiveness doesn t really address the increase in college prices. doesn t give universities a good incentive to lower their prices. yet the white house is
biden is telling every college in america to raise tuition by $10,000 and the thought it could push the college prices higher and larry hogan, the maryland governor told bret baier waiving the debt is penalizing the people who worked three jobs to pay things off right now. so many points there. senator scott s point, it is not fair and where people are now. they see a lot of unfairness now and democrats pushing policy position which pushes for unfairness. it doesn t sit right with people. i would also note people would rather see the gas prices go back to norms to that less than $3. people still paying close to $4 a gallon. let s work on energy independence to bring down those costs for everyone as opposed to this cost which only helps some. that s the broader story here.
it totals $1.6 trillion, with the average borrower owing 37,000 bucks. that is hard to get out of. bankruptcy laws are unforgiving. and entire families often wind up having to foot the bill. let s discuskcuss further. sandy, we re grateful to have you this morning. thank you for joining us. i want to look at the big picture. over the last two decades, some estimates show the cost of tuition and fees have gone up as much as 180%. why has higher education become so expensive? college prices have gone up rapidly. but students borrow to pay tuition and for living expenses. even students that don t pay for tuition, are still borrowing.