Key Lawmaker: 'No Reason' For Excessive Student Debt

During a recent radio appearance, Representative Virginia Foxx, a North Carolina Republican who leads the Subcommittee on Higher Education and Workforce Training, said she has "very little tolerance" for students who borrowed tens of thousands of dollars to attend college. "I worked my way through," said Foxx, a former president of Mayland Community College in Spruce Pine, N.C., on G. Gordon Liddy's radio show. "It took me seven years. I never borrowed a dime of money... I have very little tolerance for people who tell me that they graduate with $200,000 of debt or even $80,000 of debt because there’s no reason for that."