Mitt Romney Tells Otterbein University Students To Borrow Money From Their Parents

Romney's Business Advice: Borrow Money From Your Parents

Speaking during a campaign stop Friday, Mitt Romney encouraged students at Otterbein University in Ohio, to show enterprise by going into business -- with a little help from their parents, if necessary.

Romney cited the example of Jimmy John's owner Jimmy John Liautaud, who borrowed money from his father to start his successful sandwich franchise.

"We've always encouraged young people: Take a shot, go for it, take a risk, get the education, borrow money if you have to from your parents, start a business," Romney said.

Romney also participated in a roundtable with Ohio Gov. John Kasich (R), where he acknolwedged the struggle of many recent college graduates to find employment.

"It's been a tough few years for people coming out of college, and this year doesn’t look any better," Romney said, according to the Toledo Blade. "That has to change."

Watch a video of Romney's comments above.

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