Ron Paul Finds Talking About Federal Student Loans to Be Costly

So Ron Paul, no stranger to making a splash, took a huge ol’ bellyflop this weekend on Meet The Press regarding his desire to do away with federal student loans. In reaction to the firestorm of reaction to this, Paul’s campaign is now furiously backpedaling. But what remains are his own words. Here’s an excerpt from the transcript:

MR. GREGORY:  As you well know, you have a lot of support among young people.

REP. PAUL:  That’s right.

MR. GREGORY:  They’re borrowing to pay for college at record levels.  Would you abolish all federal student aid?

REP. PAUL:  Eventually.  But my program doesn’t do it.  There’s a transition in this.  But…

MR. GREGORY:  But that’s your ultimate aim.

REP. PAUL:  Yes, because there’s no authority to do this.

So, he can claim all he wants that he wouldn’t do away with federal student loans, but that’s obviously his goal.

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