Nancy Pelosi Quotes
Your future should be determined by your dreams, not weighed down with debt.
The debt to which she was referring was the student loans that most graduates have to pay back.
Nancy Pelosi, U. S. Congresswoman (Democrat, CA), Minority Leader and Speaker of the House, Speech to Students, Georgetown University, October 5, 2006
Sourced by: Eigen's Political and Historical Quotations
The latter years of the 20th century saw a large increase in the number of proprietary, profit making colleges and other institutions of higher education. These were able to utilize the Federal student loan programs. However, many were fraudulent rip-offs. Most were unaccredited. The average proprietary school obtained more federal student loan money per student than non-profit schools {639817}, and did not train their students as well. A smaller percentage of their students get their degrees and find jobs. When they do obtain employment they make less money. Congressional pressure, induced by heavy lobbying, stopped Department of Education efforts to make schools with poor graduation or employment rates ineligible for use of Student Loan Programs.
The assumption here is that if a person is dependent on others for employment and subsistence, he/she is not free. Marx and others referred to the working class as “wage slaves”. This was written under the name of Ragnar Redbeard. There are a few scholars who believe that it was written by Jack London, but most credit Desmond.
The latter years of the 20th century saw a large increase in the number of proprietary, profit making colleges and other institutions of higher education. These were able to utilize the Federal student loan programs. However, many were fraudulent rip-offs. Most were unaccredited. The average proprietary school obtained more federal student loan money per student than non-profit schools, and did not train their students as well. A smaller percentage of their students get their degrees and find jobs. When they do obtain employment they make less money. Congressional pressure, induced by heavy lobbying, stopped Department of Education efforts to make schools with poor graduation or employment rates ineligible for use of Student Loan Programs.
Nancy Patricia Pelosi is an American politician serving as Speaker of the United States House of Representatives since 2019, and previously from 2007 to 2011. She has served as a U.S. representative from California since 1987. A member of the Democratic Party, Pelosi is the only woman in U.S. history to serve as speaker. She is second in the presidential line of succession, after vice president Kamala Harris. She is the dean of California's Congressional delegation.
