Marco Rubio Still Has More Than $100,000 in Student Loans
Still bogged down by ridiculous student loans? Don't even worry about it. Obviously, if you work real, real hard in the name of this great country of America and love capitalism enough you'll pay them off in no time.
Oh, wait, what's that? Senator Marco Rubio, who is 41 years old, is still bogged down by more than $100,000 in student loans? Well, that's depressing.
Rubio released his financial disclosures today, and records show he still has more than $100,000 in debt to ol' Sallie Mae. Members of congress are allowed to report their financial holdings and debts in large ranges, so the exact amount is unknown. He also reported student debt loan in the same range last year.
Rubio spent his first year of college at Takio College on a football scholarship, but then transferred to Santa Fe Community College before eventually graduating from University of Florida. He then earned his law degree from University of Miami in 1996.
So, to put that in perspective, Rubio has been out of college for 16 long years, only logged law school at a private school, and still owes something in the six figures.
Rubio, 41, also reports a 30-year mortgage on rental property in Tallahassee, a 30-year home loan valued at between $250,001 and $500,000 (Congress is allowed to report in broad ranges, to the chagrin of reporters and watchdog groups) as well as a 10-year home equity loan at between $100,001 and $250,000.
Besides his Senatorial salary, Rubio also picked $14,000 for teaching at FIU, a few thousands for stock sales, and some money from his wife's consulting business.
Though, Rubio's financial problems may be solved by next year. He's got a memoir coming out this month, and reportedly got paid a pretty penny to write it.
So, people with students loan, just become the poster child of a political movement, get elected to Senate, and write a book. Then you'll never have to worry about student loans again.
Get the This Week's Top Stories Newsletter
Every week we collect the latest news, music and arts stories — along with film and food reviews and the best things to do this week — so that you’ll never miss Miami New Times' biggest stories.