… lot of people who are older who are really being dragged down by what was a very small amount of debt. You know, something like, you know, a large something. A large percentage of what we're talking about is people who borrowed very little money, less than $10,000, and yet many of them never ended up with a college degree. They may have dropped out. They may have only taken a couple of courses. Their school may have gone out of business, as we've seen, with many, many for profit schools. (27:11–27:25)
CLAIM
Asserts that many borrowers with less than $10,000 in debt did not complete a degree.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
