DURHAM — University of New Hampshire junior Elliot Gault knows he’ll have to face the real world after graduation — and he’s worried.
With the nation drowning in debt, Gault fears for his generation and the financial burden that lies ahead.
“We’re all incurring debt here, and we’re going to have to get jobs out of college to pay for that and it’s not fair that more debt is being placed upon us. With the economy the way it is, how are we going to be successful once we leave here if there’s nothing out there for us?,” said Gault, vice chairman of the New Hampshire Federation of College Republicans.
Gault and about 15 other students pondered their future at a meeting of the UNH College Republicans Thursday afternoon where Greg Moore, state director of the New Hampshire chapter of Americans for Prosperity, addressed the students along with District 44 state Rep. George Lambert, R-Litchfield.
Moore spoke about the nonpartisan and nonprofit group’s efforts to advance economic freedom and touched on several state and federal legislative issues, including this week’s government shutdown, sequestration and Obamacare.
With the national debt approaching $17 trillion, Moore urged the future college graduates who will be saddled with that debt to get involved and engaged.
“I’ve got bad news for you. Your parents and grandparents just threw a heck of a party and you guys came home and there was a keg tipped over on the floor, beer everywhere. Someone tore down the shades and the TV is busted and you guys are going to have to clean it up,” Moore told the students.
He reminded the students that in addition to paying off their own student loans, they’ll have to pay off the debt “the prior generation racked up on your back.”
“That’s going to be a huge issue and a huge drag on the economy, and that’s one of the reasons why we actively advocate for limited spending. We need to get our spending under control to make sure we have a growing economy because that’s the fastest way to pay off debt,” Moore said.
Meanwhile, Lambert, who’s considering a run for governor, urged the students to think about the future of the Republican brand.
“We need to encourage people like you to understand and talk about it because we are losing,” he said.Senior Phil Boynton, president of the UNH College Republicans, said his goal has been to bring in people to share different opinions and viewpoints on the direction of the Republican Party.
“While we have different viewpoints, at the end of the day we all are Republicans and we all wave the Republican banner,” he said.