This particular welfare program is for the educated—56% of the college debt is owed by 14% of Americans with master’s and PhD degrees. But the real reason for this spending binge is found in a New York Times Article: "College graduates are now a firmly Democratic bloc, and they are shaping the party's future." While the college bubble was bursting, the Democrats panicked. How best to indoctrinate the next batch of American voters—but to keep them in college and pay for it by government freebies? Davy Crockett opposed the first federal welfare programs, informing his colleagues in Congress this is "not yours to give." We say to the federal government now, “This is not yours to forgive."