Senator Warren was previously a Harvard law professor who was paid $429,981 from 2010 to 2011, received $134,000 in consulting fees on legal cases in 2010, and received earnings from other investments, book deals, and other income according to EAG News and the Associated Press. This easily puts Warren in the 1% she chastises.
Recently, Warren was on WBZ NewsRadio 1030 commenting about student debt loans:
“This is about the kids who weren’t born into the families where mom and dad could just write a check out of petty cash,” Warren told the radio station, according to CBS Boston.
“These are kids who have worked hard, who played by the rules…who’ve gotten into good schools.”
Warren complains that many of those students are saddled with unbearable debt upon graduation, and it’s not fair.
“For me this is very personal,” she said. “I graduated from a commuter college that cost $50 per semester.
“These are state schools … many of them doing anything they can to keep costs under control but if the family has to pick up a much larger share then that’s experienced as rising tuition.”
The U.S. Bureau of Labor Statistics reports that tuition has increased by 559 percent in the last 30 years. Warren doesn’t seem willing to discuss how this growing payroll costs at universities are a big part of the problem.
Read more at EAG news.
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