Speaker 1: On today's episode. If I didn't know, maybe you didn't either.
Speaker 1: I want you to raise your hand if you have
Speaker 1: student loan debt or debits, as Coco Goff says, all
Speaker 1: come on, don't be shah. This is a safe space.
Speaker 1: I've got thirty two thousand dollars worth of student loan
Speaker 1: debits myself. Well to everyone with their hand raise Did
Speaker 1: you know that higher education in these United States was
Speaker 1: once free? Because I didn't. I didn't know. Maybe you didn't.
Speaker 1: I didn't know. I didn't know. Maybe you didn't. I
Speaker 1: didn't know. I didn't know. Maybe you didn't. I didn't know.
Speaker 1: I didn't know. I didn't know. I didn't know. Up
Speaker 1: until about nineteen seventy man, higher education was free. And
Speaker 1: then old Ronald Reagan, see Ronald Reagan was out in
Speaker 1: California running for governor in that nineteen sixty eight race,
Speaker 1: and he put out some information that says students receiving
Speaker 1: free education college education specifically, were parasites and pretty much
Speaker 1: mooching off of the people. And he also said free
Speaker 1: college was producing an educated proletariat, and we have to
Speaker 1: be selective on who we allow to go through higher education,
Speaker 1: because that's dynamite man, I said, an educated proletariat. What
Speaker 1: the hell is a proletariat? So I went to Google,
Speaker 1: and you have bourgeois people and you have proletariats. Bourgeois
Speaker 1: people are people that control the world, and your proletariats
Speaker 1: are your working class people. Us, we're proletariats. See. The
Speaker 1: reality is this college was free in the United States
Speaker 1: until the Republicans took over. Because they couldn't have all
Speaker 1: those poor people, black people getting education and good jobs.
Speaker 1: You did, you know what I'm saying. So they put
Speaker 1: a loan system in place that would all set that enrollment,
Speaker 1: and people bought in. By nineteen seventy out there in California, Berkeley,
Speaker 1: students paid three hundred dollars for the year. That's about
Speaker 1: two thousand dollars. Now you know how much it cost
Speaker 1: to go to Berkeley a year now forty bands. See
Speaker 1: student that went up drastically doing that. Reagan administration in
Speaker 1: that two thousand and seven two thousand and nine Great
Speaker 1: Recession went up drastically. States made huge cuts in funding
Speaker 1: for the college systems. Now, Joe Biden was in the
Speaker 1: Cenate around nineteen seventy two, and he was seeing all
Speaker 1: these changes. Maybe that's why he felt so inclined to
Speaker 1: remove some of the student debt. But to be honest, man,
Speaker 1: that just a band aid on a fifty year wound
Speaker 1: that Ronald Reagan started in the late sixties. Pay their way.
Speaker 1: That was always the goal for colleges to cost so
Speaker 1: much that everybody couldn't afford to go, sort of like
Speaker 1: a returned pleasure of the privileged, if you will. So
Speaker 1: who do we have to thank for college debt? The
Speaker 1: Republicans of the seventies and the eighties to thank for
Speaker 1: college debt? Thank you Republicans, because I didn't know. Maybe
Speaker 1: you didn't either, I didn't know.