don't forget all those big businesses that got huge PPP loans forgiven, not to mention the banks being bailed out during the great recession while so many people lost their homes and weren't bailed out. student loan forgiveness is the right thing to do
Except the PPP loans were forgiven if the business who took them used those loans to maintain their payroll and avoid laying off employees. The money helped save a lot of jobs and reduced the already overburdened unemployment benefit backlog. Not to mention that it passed with overwhelmingly bipartisan support.
it should be illegal for an administration to falsely promise objectives that clearly are empty promises; promises made knowing that it is illegal and will be blocked. How is this not fraud.
This bribe for votes scheme is not going to work the way you think. He has been told twice by the Supreme Court that this is unconstitutional theft of our tax dollars, and he does not have the right to do it, but he's going to try & fail again, just to piss off the voting students, and blame The conservative "Trump" Supreme Court yet again. If he cant bribe them away from Trump, he'll anger them against Trump.
@@pamelajackson4671 it's not that student debt is incapable of being forgiven using executive order, it's simply the method applied by the 'B'-administration office was not permissable for the action. It simply was a false promise lacking empowered knowing it would be blocked so they could boast 'we tried and got shutdown '
Let's not forget the 8% interest on student loans. Someone is making big money on this and that alone should be illegal. I took out $125,000 and had to pay back $250,000. Which I am done paying for. But you get the point.
YES! In America it Pays to Break or Bend the Rules. Don't Believe it? Illegal Emigration is the highest it's ever been, with many more to come. American Government Punishes Tax Paying, Law Abiding, Legal Citizens, While giving Mass Benefits to those coming in Illegally.
Where do I send my receipts? I graduated in 1987, paid my own way. If I am going to be forced to pay for the new crop of clearly lazy students then I’m gonna ned my money back. My son graduated in 2022. He paid his way as well. He’ll need a refund as well. I am pissed that our government steals my money to give to students or can’t seem to figure life out. With this new generation this country doesn’t stand a chance.
So neither of my kids will qualify because they both studied meaningful majors and are making very good money and are paying all their loans on time and will be paid off in about 10 years after graduation. So why are others now available to have their loans paid, this is a real slap in the face of those that are paying loans and will never qualify for any forgiveness!
I will say that I owned a company and two of my employees had student loans and they both owed more than the original amount of the loan, one after 10 years of paying on it. I can't remember now whether I had to garnish their wages or not. Yes they didn't use it completely for education and should not have taken the loans but it was easy money and they got sold on it.
Respect ur views ron , 80pct of Americans disagree according to the latest poll. Im forced to support trump on policy. Border war crime econ etc. Success always! Dr D
@breakthroughwithdr.d We don't have the best choices, but Biden, in my book, is many times over it's not even close. Unfortunately, he has a couple areas where he sucks. The Israel/Palestine war to begin with. The border seems to be bad as well. Sucks he couldn't get that border bill through. He is president and is still responsible regardless of who opposed it. Renegotiate and pressure campaign. Make the GOP cave one way or the other to pass the bill. Some executive action could help, but that would only be a bandaid, and is not enough. The economy could be better, but it's seems to be doing great regardless of how people feel about how other people are doing economically. Polls on this indicate the fake idea that people are feeling bad about their economic situation. People are doing well. Personally, I am doing better than ever. That's possibly because I am growing my career. Anyways, best of luck to you. Hope you don't feel pressured to vote for someone like Trump who you don't want to vote for.
No is not. Is helping your citizens. Like any other good government does. I prefer Communism that a country run by corporations bud. You are living in a country that corporations tells you what to do. Is worst than socialism. No wonder the u.s education system is on the fkn dirt.. you pay taxes but get shit in return. We have the worst system in the planet. I wish we were a communist country. This crooked capitalism and corporations dictatorship is not good at all.
Ridiculous! Why should anyone payback any loans? Who is going yo pay for this? Not me im done wasting my time working and paying taxes to pay gor other people.
As much as I despise Trump and everything he stands for, what I despise more, paying for someone’s post graduate degree when I can barely pay for my own child’s college in the future. Seriously going to have to vote against Biden just because of this.
Since you can barely afford it. I hope your kid gets into a school that changes your income on paperwork without your knowledge. Allows you to take a loan you cant afford. Kicks your kid out of classes that are 75% attendance because youre late on one payment. Leave with no degree 63k in Federal backed illegal loans,by schools that were sued and shut down. Since you dont think youde need any help. Borrowers defense program has been a thing . I went to Ai I applied 4 years ago. Its nothing new just publisized for the wrong reasons. Wishing you bad luck with no help
It doesn’t surprise me that you and others get angry when others point out their entitled, ride the coattails of others mentality. Take a loan pay it back. That is what a loan is.
Please keep in mind that there is no free lunch. It doesn't matter if people pay off their loans or you pay them off, you're all still paying. If that other person paid off their loans, then they didn't inject that money into the economy, which eventually trickles down to you and your place of work not getting that money in one way or another. It would have been cheaper if we had made it free instead of charging all this debt, interest and fees for this boondoggle of student loans.
Student loan borrowers also pay taxes … and everyone can afford college. That’s just an excuse not to go because either the person is lazy or thinks they’re not smart enough. If you were serious about going you would of looked into options, like community college and Grants. You do not have to pay Grants back …. I went to a community college, got a certification and it only cost me $800. $50 a month payments. So stop saying “ can’t afford it” .. lame ….
By allowing bankruptcy rights then no taxpayer money would have to be paid for these loans! When a debt is discharged via bankruptcy, there is no tax liability! Bankruptcy as we should all be aware, is a constitutional right!
This forgiveness plan and all/any forgiveness plan is BS. Why am I as a tax payer required to pay for someone else's education? You got the loan and you should be required to pay it back, not me!
Basically the same shit that is already standard offered for forgiveness but wrapping it up in a package like Biden is doing some magical thing. This has existed for decades!
You’re thankful that the loan you made the decision to take out, is now being paid on the backs of tax payers? Can you now pay my mortgage? Car payments? Credit cards? It’s only fair that if I’m paying yours, you should pay mine??
What about those that had their federal student loan debt relief application approved prior, but was put on hold due to lawsuits filed challenging the program, which blocked the ability to discharge their debt at that time?
Dear Joke Briben As an adult, I signed contracts & bought a house I cant afford. I'll vote for you if you steal other people's money, and pay it off for me... Same difference
It's Funny how he says no one is above the law yet he ain't respect the court decision while knowing what he is doing is Illegal..Drain all these Garbage out the Swamp
Forgive a person that has a whole life to work and repay but the people that worked all their life And on last chapter of life and trying to live on SS.
@hawaiibikekahuna8204 You're missing the point. It isn't fair to responsible people who paid off their loans (student, mortgage, medical, etc). Why is there special treatment for students?
Read the fine print it’s opting you out of the debt relief, and restarting your loan I didn’t fall for that when my servicer said I needed to update my repayment plan said nope nothing changed dept of education will go over the loans those on disability those who have had loan more than 20 years and have been charged double interest and still owe the principal those who are employed in non profit patiently waiting for October when they start sending notification notices
Bush created the PLSF program in the mid 2000s…republicans co-signed on it. I appreciate their foresight and support. Biden is ensuring the program works well, but we have the GOP to thank. 😊
They need to help people that are on social security and absolutely cannot afford insanely expensive school loan payments, especially when you never ever ever used the stupid schooling education because you were scammed through the education system saying that you could get a job in that field when they're actually isn't jobs in the field that you have to pay into the job for three solid years before you would see any money so that's why I never went into my field but I have to pay these idiots thousands and thousands of dollars but I'm on social security and I barely make anything so there needs to be something worked out that is positive
Discharged debt????? Where does that debt go?? Who pays that discharged debt?? And DON'T say the government!! ............*WAKE UP AMERICA (meaning democrats), EVERYBODY IN THIS ADMINISTRATION IS RUINING OUR COUNTRY!!!*
People with student debt have ALWAYS qualified for Student Loan forgiveness. It's called "get a job and pay back what you agreed to borrow, you deadbeat". That's always been in place. Maybe you can start by using your lesbian dance theory degrees to get a job at Starbucks and stop crying if you have to work more than 10 hours a week. It's called being an adult. Maybe everyone would agree to student debt relief if: A) It didn't come out of the pockets of people who chose not to get a student loan, and B) You had your debt relief cancelled 100%, but you lose your degree. Nobody gets everything for nothing. Why should you have a degree for free to you, but at the expense of people who never got themselves into debt?
Its wierd how he does forgiveness for people that either work for the gov or nurses ....thise are the exact people that have very stable hignincome with full benefits. Also why shpuld people that couldn't afford to go and disnt want a loan...pay for people that chose to go and not pay?
Hey Brandon. Will you be reimbursing those of us that already PAID ?! I'm wondering. Those that have already been forgiven and in particular the automatically forgiven . We're any of them registered Republicans or Democrats ?
Thank you for this information, as a Republican I wish the conservative media would report more of the details of this Biden administration plan, instead they just criticize. I have long held that the interest and especially capitalized interest on student loans should have been given a direct write off for federal income tax, since this probably hits most borrowers. If you want material and significant student debt relief do it through the tax code...
![ประสบการณ์ จ้าง Developer ที่ผมจะไม่มีวันลืม [ภาค2]](http://i.ytimg.com/vi/pZbsSDRrmXA/mqdefault.jpg)
don't forget all those big businesses that got huge PPP loans forgiven, not to mention the banks being bailed out during the great recession while so many people lost their homes and weren't bailed out. student loan forgiveness is the right thing to do
I have a mortgage that needs forgiveness as well, maybe old Joe can do that as well.
You know what they call people who steal
Except the PPP loans were forgiven if the business who took them used those loans to maintain their payroll and avoid laying off employees. The money helped save a lot of jobs and reduced the already overburdened unemployment benefit backlog. Not to mention that it passed with overwhelmingly bipartisan support.
@@elkillerxunfortunately some shady businesses took the money but didn’t help their employees.
How about mortgage and property tax forgiveness? How do you rationalize what the forgive?
Still trying to buy them Votes.............
yes. And they're reaching out to ppl who never took out loans as well; it happened to me.
The Panderverse is Real.
it should be illegal for an administration to falsely promise objectives that clearly are empty promises; promises made knowing that it is illegal and will be blocked. How is this not fraud.
@@AlexandraRieloff Those are scammers looking for your info..
This bribe for votes scheme is not going to work the way you think.
He has been told twice by the Supreme Court that this is unconstitutional theft of our tax dollars, and he does not have the right to do it, but he's going to try & fail again, just to piss off the voting students, and blame The conservative "Trump" Supreme Court yet again.
If he cant bribe them away from Trump, he'll anger them against Trump.
Nobody qualifies...
It's totally illegal.
End of Story
We'll see how it all plays out. Some is already legal.
He just doing it so he can say see I tried conservatives screwed ne
truth!
Why wasn’t PPP forgiveness illegal?
@@pamelajackson4671 it's not that student debt is incapable of being forgiven using executive order, it's simply the method applied by the 'B'-administration office was not permissable for the action. It simply was a false promise lacking empowered knowing it would be blocked so they could boast 'we tried and got shutdown '
Let's not forget the 8% interest on student loans. Someone is making big money on this and that alone should be illegal. I took out $125,000 and had to pay back $250,000. Which I am done paying for. But you get the point.
So you think banks should not lend money?
So those of us who knew we couldn’t afford to borrow for a higher education are PAYING for those that were irresponsible???
Exactly. The same way I pay for people to send their kids to school, use medicaid or medicare, send money to ukraine and israel. Isnt that fucked up?
@@zyxxxroad1532No, because paying back YOUR loans is YOUR responsibility, and YOU agreed to that when you took the loan out!🎉
Those were ratified by congress. so try again
YES! In America it Pays to Break or Bend the Rules.
Don't Believe it? Illegal Emigration is the highest it's ever been, with many more to come.
American Government Punishes Tax Paying, Law Abiding, Legal Citizens, While giving Mass Benefits to those coming in Illegally.
Its the joe biden way of course
So what is a student loan forgiveness when we think nothing about just giving people Section 8 rent relief and EBT that lasts for life?
I’m so glad we’re back to taxation without representation. This should all end well. 🙄
WTF is wrong with you MFRS I’m not paying off someone else’s loans , my taxes go up for this , others taxes going up for this F F F I’m shaking mad .
I feel the same way
My taxes too but i got student loans 😑 im more peeved about billion dollars going to one single country instead of helping americans
Yea this isn’t as bad as billions going to other country’s
@@saucemasterx911Democrats are insane!
I’ll never vote blue again!
We are TRILLIONS of dollars in debt. We literally can't afford to do anything. Stop this madness. America is doomed.
Not to mention $13 billion going to a rogue state in the Middle East.
Where do I send my receipts? I graduated in 1987, paid my own way. If I am going to be forced to pay for the new crop of clearly lazy students then I’m gonna ned my money back. My son graduated in 2022. He paid his way as well. He’ll need a refund as well. I am pissed that our government steals my money to give to students or can’t seem to figure life out. With this new generation this country doesn’t stand a chance.
So neither of my kids will qualify because they both studied meaningful majors and are making very good money and are paying all their loans on time and will be paid off in about 10 years after graduation. So why are others now available to have their loans paid, this is a real slap in the face of those that are paying loans and will never qualify for any forgiveness!
Lucky kids…. Not everybody get good jobs with full benefits, nowadays kids with two degrees make under $30,000
The interest on student loans should be illegal. The government should not be profiting students.
Student loans come from banks. The government, sometimes, underwrites the loan but does not issue it.
Why are tax payers being saddled with costs of lemon degrees
I will say that I owned a company and two of my employees had student loans and they both owed more than the original amount of the loan, one after 10 years of paying on it. I can't remember now whether I had to garnish their wages or not. Yes they didn't use it completely for education and should not have taken the loans but it was easy money and they got sold on it.
Thanks you for your comment. It’s nice to hear some compassion. Yes, I was sold 😢
Definitely feels like taxation without representation. I dont know a single person wanting to pay for others college
You can’t buy friends Joe
He's got my vote, but not my friendship.
You sure can. It's just fake Friendship.
Politicians on all sides have been "Buying Friends" Forever🤑
Respect ur views ron , 80pct of Americans disagree according to the latest poll. Im forced to support trump on policy. Border war crime econ etc. Success always! Dr D
@@breakthroughwithdr.d Never heard or seen that statistic. Only see the 50/50 ones.
@breakthroughwithdr.d
We don't have the best choices, but Biden, in my book, is many times over it's not even close.
Unfortunately, he has a couple areas where he sucks. The Israel/Palestine war to begin with. The border seems to be bad as well. Sucks he couldn't get that border bill through. He is president and is still responsible regardless of who opposed it. Renegotiate and pressure campaign. Make the GOP cave one way or the other to pass the bill. Some executive action could help, but that would only be a bandaid, and is not enough.
The economy could be better, but it's seems to be doing great regardless of how people feel about how other people are doing economically. Polls on this indicate the fake idea that people are feeling bad about their economic situation. People are doing well. Personally, I am doing better than ever. That's possibly because I am growing my career.
Anyways, best of luck to you. Hope you don't feel pressured to vote for someone like Trump who you don't want to vote for.
I paid off my debts so just send me a check
Exactly! My husband and I paid off our loan sand we paid our children's tuitions out of our meager wages!!! Make it fair, Biden!
How is it going to be fair for everyone? It’s just not … if everyone who paid got a refund it would cost taxpayers even more … Not happening ….
@bradyhack2428 I was being sarcastic...if they took out a loan, then they should pay it back...the college's should also be on the hook as well.
Doesn’t help any of us. Wasted BILLIONS of our money.
THIS. IS. SOCIALISM!!!
No is not. Is helping your citizens. Like any other good government does. I prefer Communism that a country run by corporations bud. You are living in a country that corporations tells you what to do. Is worst than socialism. No wonder the u.s education system is on the fkn dirt.. you pay taxes but get shit in return. We have the worst system in the planet. I wish we were a communist country. This crooked capitalism and corporations dictatorship is not good at all.
@@mae2309 You prefer being a slave to the state. If the state owns the free market that means you become the slave. Disgusting. 🤮
We have already lost that war, when will ppl realize?
WOW. OMG!!!!!
@@ninorcairam Do you agree or you don't think so?
I want him out of office so bad.
It's a damn shame. Thought I would be used to all the mess they've created by now.
Congratulations to those who never had a student loan to pay for, now you do! Thanks Joe Biden for passing the bill onto tax-payers.
How about you quit forcing this on Americans taxpayers and all snowflakes pay their own bills!
Ridiculous! Why should anyone payback any loans? Who is going yo pay for this? Not me im done wasting my time working and paying taxes to pay gor other people.
As much as I despise Trump and everything he stands for, what I despise more, paying for someone’s post graduate degree when I can barely pay for my own child’s college in the future. Seriously going to have to vote against Biden just because of this.
Since you can barely afford it. I hope your kid gets into a school that changes your income on paperwork without your knowledge. Allows you to take a loan you cant afford. Kicks your kid out of classes that are 75% attendance because youre late on one payment. Leave with no degree 63k in Federal backed illegal loans,by schools that were sued and shut down. Since you dont think youde need any help. Borrowers defense program has been a thing . I went to Ai I applied 4 years ago. Its nothing new just publisized for the wrong reasons. Wishing you bad luck with no help
It doesn’t surprise me that you and others get angry when others point out their entitled, ride the coattails of others mentality. Take a loan pay it back. That is what a loan is.
Please keep in mind that there is no free lunch. It doesn't matter if people pay off their loans or you pay them off, you're all still paying. If that other person paid off their loans, then they didn't inject that money into the economy, which eventually trickles down to you and your place of work not getting that money in one way or another. It would have been cheaper if we had made it free instead of charging all this debt, interest and fees for this boondoggle of student loans.
Can we cancel all credit card debt too?
34 trillion in debt and laying the debt of those with degrees on the taxpayer who couldnt afford to go...make it make sense!
Student loan borrowers also pay taxes … and everyone can afford college. That’s just an excuse not to go because either the person is lazy or thinks they’re not smart enough. If you were serious about going you would of looked into options, like community college and Grants. You do not have to pay Grants back …. I went to a community college, got a certification and it only cost me $800. $50 a month payments. So stop saying “ can’t afford it” .. lame ….
They take out the loans, and you pay for them.- Bidenomics
Restore Bankruptcy Rights for Student Loans
Make the Universities back the loans, it's their degrees they're insuring. Let the University pay.
By allowing bankruptcy rights then no taxpayer money would have to be paid for these loans! When a debt is discharged via bankruptcy, there is no tax liability! Bankruptcy as we should all be aware, is a constitutional right!
The funny thing is, is that this was promised 4 years ago? And now they're wanting to bring this up.
Looks like I qualify to be a walking piggy bank for every BS thing they want. FJayBee
Do not forget 10% for The Big Guy.
This forgiveness plan and all/any forgiveness plan is BS. Why am I as a tax payer required to pay for someone else's education? You got the loan and you should be required to pay it back, not me!
Basically the same shit that is already standard offered for forgiveness but wrapping it up in a package like Biden is doing some magical thing. This has existed for decades!
Thank you for doing this!
Edit: to clarify what I’m thankful for… the explanation of what the plan is about. Thank you Forbes.
You’re thankful that the loan you made the decision to take out, is now being paid on the backs of tax payers?
Can you now pay my mortgage? Car payments? Credit cards?
It’s only fair that if I’m paying yours, you should pay mine??
That money isn’t free and we expect to be paid back
@@ptv1250 I actually agree with you- I was talking to Forbes, not Biden 😂
What about those that had their federal student loan debt relief application approved prior, but was put on hold due to lawsuits filed challenging the program, which blocked the ability to discharge their debt at that time?
Quid pro quo seems reasonable for some student debt relief.
All this "forgiveness" money should go only to those in or finished with a school that has an active religious charter.
Nope.
Why don't they stop over on Friday and I'll give them my whole paycheck too. WTF
Dear Joke Briben
As an adult, I signed contracts & bought a house I cant afford. I'll vote for you if you steal other people's money, and pay it off for me...
Same difference
You can apply for Section 8 And EBT for life and to heck with owning a home. Let someone else pay for it.
It's Funny how he says no one is above the law yet he ain't respect the court decision while knowing what he is doing is Illegal..Drain all these Garbage out the Swamp
Forgive a person that has a whole life to work and repay but the people that worked all their life And on last chapter of life and trying to live on SS.
The process will be closely monitored.
No oneshould quaify pay your own education
Even people who were frauded by federal loans? 😂😂
Hey hey Forbes ..you sure did hide a lot of comments, or was that youtoob? BS
Every cheque comes with a contract to vote for Dems.
will my home loan get paid? wear is form?
You can always sell your home and cash in for more than what you paid. Can't do that with an unsecured debt. DUH !
@hawaiibikekahuna8204 You're missing the point. It isn't fair to responsible people who paid off their loans (student, mortgage, medical, etc). Why is there special treatment for students?
Please pay off my credit card debt too while you’re at it.
I voted for daddy trump 2020 but if grandpa Biden forgives my never paid loans he has my vote
Oh, but there's a catch! Gotta refinance first, lol. Kiss my debt!
Read the fine print it’s opting you out of the debt relief, and restarting your loan I didn’t fall for that when my servicer said I needed to update my repayment plan said nope nothing changed dept of education will go over the loans those on disability those who have had loan more than 20 years and have been charged double interest and still owe the principal those who are employed in non profit patiently waiting for October when they start sending notification notices
I apply for help on my loan and I didn’t go anywhere..
Of corse just in time for elections
Bush created the PLSF program in the mid 2000s…republicans co-signed on it. I appreciate their foresight and support. Biden is ensuring the program works well, but we have the GOP to thank. 😊
Bush was crap and had crap ideas.
Im not paying for others debts. This is bs
They need to help people that are on social security and absolutely cannot afford insanely expensive school loan payments, especially when you never ever ever used the stupid schooling education because you were scammed through the education system saying that you could get a job in that field when they're actually isn't jobs in the field that you have to pay into the job for three solid years before you would see any money so that's why I never went into my field but I have to pay these idiots thousands and thousands of dollars but I'm on social security and I barely make anything so there needs to be something worked out that is positive
Discharged debt????? Where does that debt go?? Who pays that discharged debt?? And DON'T say the government!!
............*WAKE UP AMERICA (meaning democrats), EVERYBODY IN THIS ADMINISTRATION IS RUINING OUR COUNTRY!!!*
FJB!
I took out loans and want others to pay for it, I qualify
Will the interest be fixed if I consolidate my direct student loans?
People with student debt have ALWAYS qualified for Student Loan forgiveness. It's called "get a job and pay back what you agreed to borrow, you deadbeat". That's always been in place.
Maybe you can start by using your lesbian dance theory degrees to get a job at Starbucks and stop crying if you have to work more than 10 hours a week. It's called being an adult.
Maybe everyone would agree to student debt relief if:
A) It didn't come out of the pockets of people who chose not to get a student loan, and
B) You had your debt relief cancelled 100%, but you lose your degree.
Nobody gets everything for nothing. Why should you have a degree for free to you, but at the expense of people who never got themselves into debt?
Yeah, don't forgive student loan debt for taxpayers so I can collect Section 8 and EBT for doing nothing and for life !
Nobody does! It’s against the law! He declared himself king !
All bs
Its wierd how he does forgiveness for people that either work for the gov or nurses ....thise are the exact people that have very stable hignincome with full benefits. Also why shpuld people that couldn't afford to go and disnt want a loan...pay for people that chose to go and not pay?
And that wasn't Joe that put that law in place.
You gonna vote for Brandon? Yeah, then you qualify...
This is not my bill. You take out a LOAN, you pay it back, or you default. AGAIN NOT MY PROBLEM.
Shame on you for spreading around this kind of garbage on your video
His tool box is limited? Didn't Biden have BOTH the house and the senate in the beginning of his term?
Nope and only have 5000$ left.you think I would
Can I get a check for that amount having gone to college, paying it off and now still poor not making enough?
Biden Grade = F-
teslas BORE me .
I better...
no one can, the president CANNOT forgive student debts/loans, only Congress can...FJB
How many of you here eagi g about this defaulted on your PPP loans?
Hey Brandon. Will you be reimbursing those of us that already PAID ?!
I'm wondering. Those that have already been forgiven and in particular the automatically forgiven . We're any of them registered Republicans or Democrats ?
Thank you for this information, as a Republican I wish the conservative media would report more of the details of this Biden administration plan, instead they just criticize. I have long held that the interest and especially capitalized interest on student loans should have been given a direct write off for federal income tax, since this probably hits most borrowers. If you want material and significant student debt relief do it through the tax code...
😂!
Ny yuletide ds yule island oslo 😗😄