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Romney's 'Genius' Solution for College Students: Borrow From Your Parents - Do you think Romney gets what life is like for the majority of Americans?

Posted by on Apr. 30, 2012 at 12:56 PM
  • 10 Replies

Romney's 'Genius' Solution for College Students: Borrow From Your Parents

Posted by Adriana Velez on April 30, 2012 

romney laughs
HA HA! Your parents are poor.
Friday Mitt Romney gave Ohio college students some sage advice. Want to start a business? Borrow money from your parents. "We've always encouraged young people: Take a shot, go for it. Take a risk. Get the education. Borrow money if you have to from your parents. Start a business."

OMG, brilliant idea Mittens! Woo hoo, you fixed America. Borrow money from my parents. Now why didn't I think of that? Oh yeah. BECAUSE THEY DON'T HAVE ANY MONEY.

Okay, I know my parents probably aren't typical Americans (actually, they're typical Americans), but let me introduce them to you. My father immigrated here from Mexico (LEGALLY thank you) with a couple years of college under his belt. He married my mom and they had five kids. My mom stayed home to take care of us because, like Ann Romney, that's what she thought was most important. My dad worked his way to middle management in a warehouse. We had a nice but not extravagant life in the suburbs back when you could do that on one middle-class income.

We were on our own for college. My parents divorced after 27 years of marriage and my mother entered the workforce for the first time in since the Paleolithic Age. She does clerical work in a low-paying job, but she gets health insurance and has the flexibility she needs to care for my severely-handicapped youngest sister who still lives at home. Who knows what my dad is up to. He's wrapped up in some crazy drama with his spendthrift second wife and her grandkids, who they're raising now for some expensive reason.

Anyway, now you know my life story. And there will be no business-starting monies coming from these two, who are barely hanging by a thread themselves.

Does Romney know this is what most of America is up to? Like, if you're going to run around the country talking about how you know we're all struggling and the economy is still in the toilet, maybe you should find out exactly what that looks like. For us regular people. Otherwise, heh heh, we might think you're kind of out of touch, you know?

Or, Romney could do us one better. Let US hit up HIS parents for a business loan.

Do you think Romney really understands what life is like for the majority of Americans?

by on Apr. 30, 2012 at 12:56 PM
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Replies (1-10):
DawnPratt23
by Dawn on Apr. 30, 2012 at 1:04 PM
As someone who is paying off student loans because my parents couldn't afford it, I understand the theory. Sorry but college is a personal choice, like buying a house, or car.
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queenbree545
by on Apr. 30, 2012 at 1:11 PM
1 mom liked this

 I had several grants and scholarships for college, but I also worked to make up for the rest, like many other people I know.  According to this article, I guess I'm not in the majority.  I had the opportunity and foresight to save for my boys' college funds, unlike the apparent "majority" of Americans.  Ms. Velez sounds a bit on the bitter side.

 

DawnPratt23
by Dawn on Apr. 30, 2012 at 1:21 PM

I agree, and I don't see why anyone doesn't have a college education. There are so many grants out there, student loans through the Govt without credit checks. Where there is a will there is a way. Plus you get the chance to choose what degree you want, if you get one in a fluffy career that doesn't make money or isn't in demand don't cry- you made the choice. (you and you're general term)

Quoting queenbree545:

 I had several grants and scholarships for college, but I also worked to make up for the rest, like many other people I know.  According to this article, I guess I'm not in the majority.  I had the opportunity and foresight to save for my boys' college funds, unlike the apparent "majority" of Americans.  Ms. Velez sounds a bit on the bitter side.



sammygrl77
by on Apr. 30, 2012 at 1:23 PM
He is quite out of touch.
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mariC67
by on Apr. 30, 2012 at 2:28 PM

I dont think anyone who makes 6 figures and up should be speaking for the majority of americans, I also agree with a pp that ms velez sounds bitter.

chichiwvu
by on Apr. 30, 2012 at 3:01 PM
1 mom liked this

I can see where he's coming from, but it's not very realistic for most. My dad is a dedicated work-aholic and has been saving for retirement from the womb (I like to joke). My parents are very well off. If I ever felt I needed to start up a business, I'd consider asking my parents to buy into my business if it was more than what I could  get lended to me. Note I said "buying into" As in they would own a share, and get part of the profit. I dont think we should just take money from our parents willy-nilly, even if they can afford it. We get really mad at my dad because he feels like he has to pay for everything and we're like, "Chill out, WE are buying dinner tonight!!" IT's the total opposite with DH's parents - both are disabled and on SS. Every family is different!

I get the feeling Mr Romney was speaking at an ivy leauge college - which let's be honest, most of the students that go to those schools have very wealthy parents!

cole679
by on Apr. 30, 2012 at 3:09 PM
2 moms liked this
No politician knows that its like to be the majority of Americans.
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Jambo4
by on Apr. 30, 2012 at 3:22 PM
3 moms liked this

I thought this was a money saving group not a political propaganda pushing group.

Alieda
by Bronze Member on Apr. 30, 2012 at 10:51 PM
Jeff makes very little.money, it nearly bills he's bill but he still makes to much money to get any grants. We can help a little but not much. I. do not know how he will go to work. He has many others friends that can not swing it too. We need to do something do reduce the loan.
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chrissysnow22
by on May. 1, 2012 at 12:46 AM
My mother definitely didn't have it to give me for college. If you can afford it it's great but if you don't there are still other options. I hope to have money set aside for my ds college tuition.
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