Can we call attention to the fact that the US is still allowing kids to sign on to insane debt? Addressing 1/2 of a problem isn’t good politics from either party.
@@cheesewithxbread what plan does he have to address the insane cost of higher education caused by the government being in the loan business? They will continue to charge whatever and as much as they can as long as this "free" money is available
@@abbieandus it is actually in his plan to hold colleges and universities accountable for rising college cost. I'm not sure on the specifics of that plan, but it is something he's thinking about and putting out there. It just doesn't get as much coverage I think
The first step would be to make college more affordable so it doesn’t saddle people with decades of debt. If someone wants to pursue higher education, it does benefit society as a whole.
@@perryroberts4353just as we need trade jobs, we need doctors, teachers, and, dare I say, lawyers. Like trades are not the only answer. If we aren't gonna support debt relief for those who go to college, we shouldn't support trade training.
@@perryroberts4353 really so All students should now go to trade schools? What do you think will happen to the salaries when there is more supply than demand
@perry roberts then who would be your doctor? Nurse? Dentist? Oncologist? Lawyer? Y'all are quick to deem a college education expendable, but it's required for majority of these positions that you need in your daily life. And wealthy people aren't exactly clamoring to serve you in these capacities.
@Bill Randleman are you sure about that? Because I know several attorneys, nurses, and doctors who just received loan forgiveness. Paying back a $500,000 loan with 7.5 interest on a $180,000 salary is not a walk in the park.
You're wrong, what is shameful is making taxpayers who didn't go to college having to pay for the worthless degrees of the are responsible people who did go to college
If we want to play the it’s not fair game then please give me my money back from Medicare, social security, school taxes etc. I didn’t ask to pay into those things yet it comes out of my check every two weeks while I pay for my own health insurance, retirement and have no kids. If you give me my money back for shit I didn’t ask to pay for then I could pay my student loan debt. But no I have to pay it back on what’s left after my check is destroyed by taxes. For those of you saying you worked and pay for college at the same time good for you. Have you seen how much college costs vs what jobs are paying. Your classes will be dropped if not paid in full by a certain date. With that logic you’ll be taking 1 class a semester for 10 years.
It’s all about the money, the government system make so much money on those student loan INTEREST. That interest on those loans is what makes it impossible to pay those loans off without any other alternative. Student loan is designed to suppress the poor, making it impossible to file for bankrupt or getting rid of it.
Yeah, I couldn't believe that was the point he made. The framing of this video is sympathetic to the side of not forgiving the debt and that still makes it in? It's already deeply unpopular and they're not doing themselves any favors with that argument
To those who didn't go to college and are against this, please, stop going to college educated doctors. Use the high school educated doctors. Because you benefit from everyone around you going to college, whether you understand it or not. Just like I, who has no kids, benefits from paying taxes used for the child tax credits. The whole reason people are against it is they lack critical thinking skills they would of gained by going to college. Just because something doesn't directly benefit you, doesn't mean it doesn't indirectly benefit you.
What a ridiculous statement. People pay to go to doctors, which allows those doctors to pay back their student loan debt. There is no benefit in paying for someone to go to college just so they can do the bare minimum, get low grades, and not even apply any of the information they supposedly learned while going to college. There are many jobs which rightfully require a college education, but even more jobs that unnecessarily require a college education. Maybe we should talk about employers discriminating against equally as able and intelligent non-college-educated people. It does not benefit the taxpayer to pay for people to get a useless degree. I willingly put myself in a small amount of debt to go to college, because I knew the outcome would outweigh the cost, and I knew I was going into a high-paying field. However, I also worked hard and kept up a scholarship. It seems ridiculous that anyone would put themselves in a large amount of debt for a useless degree and then expect everyone else to pay for them. And by the way, if you think your critical thinking skills are better than anyone else’s by means of a college education, maybe you should re-evaluate what you’ve been taught by your professors. Most professors now just feed students information and want to hear an echo back from the students.
Strange that you think we all benefit from those going to college. Even some students themselves will get no benefit. Some will choose non-STEM degrees with no earning value to the country or themselves. I think some going to college are brain-washed lunatics. I don't even blame them. The progressive left Academia is the blame. Perhaps the major universities themselves should forgive a % of the debt. They are destroying the country. Many will tell you that is their true, righteous goal. Bring down everything in the name of social justice. Just ask them. They will happily share their heart-felt reasons. I take the side of Dr. Jordan Peterson on that. He's far more eloquent than I on the subject. Actually....any subject. I don't/cant go to a high school doctor as you know. But I understand the snark. I'm all for discussing help for those under 40K per year. But if you make 100K per year, then pay your own debt off. You're already in the top 30% of earners. Why not suspend all loan payments for the first 15 years after college? By then, you should be well established. I think Norway does something like that, in addition to 3 years of national service.
Doctors have real degree and make real money to pay for their student loan so they are not to qualify for loan “forgiveness”. Anyone expects for forgiveness knows they did something wrong, such as getting a wrong degree that wouldn’t pay their loan.
Nice try, doofus. Doctors don't even qualify for the relief, and people studying to be Doctors know they'll be in great shape to pay off their loans. Most of these unpaid loans are for art/humanities majors and students who didn't want to work. It wasn't just books and tuition. It's rent, food, entertainment, partying, ubers, etc... No one wants to pay of their debt. Join the club. You borrowed, you spent, you repay.
Well how are corporate bailouts "not fair" to companies that properly manage their finances. Nobody put up a fuss against bailing out those companies. Selective outrage.
If we are going to talk about how unfair it is, how about we start with how unfair it is that previous generation's college tuition was cheaper and that one person making minimum wage used to be able to raise a small family. I don't have student loans and others shouldn't be haunted by them for the literal rest of their lives because you think something is unfair.
@@PinkOwl31 just because people are against student loan relief doesn't mean they are for corporation bail outs. I agree with that one dude who said let them fail! It's capitalism. But hey the student loan lenders and the colleges made "Congress level" plans and ideas and now that the students couldn't pay off the loan they want the people to pay for it? Bro you just made a congress bill, which unofficially "passed" and now you are hustling the people by using ethos or pathos or w.e the fuck it is to make people say "how dare you not pay my loans! Fuck you! I hate you!" Aye!! Stfu. That's what I would say. You got taken advantage of by your loan lender and now you want me to pay or else I'm scapegoat by society? Yeah sounds like a foreign land scam or what? "C'mon brudda pay the $25 for this piece of bread or else you're a piece of shit for not feeding me and my friends who are poor." Fuck you for your manipulation you manipulator. Fuck off no?
So interest….I don’t understand why we even charge interest on student loans…if we want more educated professionals, doctors, nurses, teachers, lawyers, tech developers, etc. why would we want to borrow when lenders are vocally admitting their only way to profit is with interest. I’m sorry to say, but that man from Missouri probably paid his college with inherited wealth that derived from slavery.
MOHELA is a Federal Loan Servicer that is charged with loan forgiveness anyway. They are the lender that oversees Public Service Loan Forgiveness. So these states are saying it's not profitable for these states if MOHELA actually forgives student debt and that's their main job. By the way, Student Loan Debt Relief extends to parents that took out Parent PLUS Loans. So, it doesn't just target college kids and former college kids, it includes parents.
1. MOHLEA is a SERVICER, not a Lender. The Dept of Ed is the Lender. 2. MOHELA has no authority to decide who gets forgiveness. The Dept of ED makes that final decision. MOHLEA only does the paperwork to check eligibility.
Simple solution: don’t take out any student loans you can’t afford to pay back. You legally contracted to obtain these loans so don’t default on them or expect tax payers to pay them off for you.
@@Jamie438 Me too. Why am I paying for others kids then? Oh wait... Maybe it's because all of these programs benefit us all, directly or indirectly. Child tax credits reduce poverty, that in tern reduces crime. So even though I don't have kids, it benefits me. Who creates all of the technology we use in our every day lives? People who made the sacrifice to go to college. People act like college is easy... It's 4 to 7 years of hard work and sacrifices. Ever go to a doctor or lawyer who didn't go to college? How about this... Everyone who didn't go to college and don't want their tax dollars going to college bailouts, why don't you go to the quack doctors who didn't go to college and see how that goes... Leave the real college educated doctors to those of us who are paying our debt to society by going to college or who are willing to pay their debt to society by helping offset the cost of the college education they benefit from everyday.
@@heyaisdabomb Where in my simple reply did you deduce that I don't have a degree or college debt? I was simply stating for those who think forgiveness is a horrible thing and shouldn't be done, the same goes for child tax credit. You are correct though, IF the money is used how it should be then yes, crime is reduced yada yada. I have been in the student loan industry for some years and see first hand how forgiveness would benefit people.
After reading all of these comments on the reasons why student loan debt should be forgiven, my main takeaway is that these borrowers should never have been allowed to make this kind of decision in the first place. They we're not mature enough or adult enough to make these financial decisions.
I can't believe you GMA. You just lost this viewer. Hopefully many more will follow. Bottom line when a student signs the papers for their student loan they are saying that they understand that they have to pay that back. The same way that when I signed for my home loan, I have to pay it back it is not forgiven. Let's be honest this 430 billion is going to be passed on to the rest of us taxpayers. We will have to pay your debt for you. And for the record I live in Missouri.
That's ridiculous, Cassie. There's so much money for merit scholarships and grants for low income students. Most of the UNPAID loans are people who saw an opportunity for easy money and an easy fully paid life while taking totally useless majors with no career prospects. Those who worked through school, or took loans knowing their careers would be bankable, have paid off their loans. I knew of so many people while I was a student, who used loans like a money tree. It wasn't just books and tuition. It was rent, food, entertainment etc...they didn't work and took 12 units of easy and useless art/humanities. They borrowed and spent. Now they can repay. If anything, they should be demanding that their colleges help pay of the loans. Not the rest of us.
@@timvu9313 Good try? If it was easy everyone would do it. That’s obvious! I’m talking about school being unattainable for those who actually want to study those careers. Some ppl have no choice but to go into 250k worth of depth for med school, that’s truly insane!
@@SincerelyLee__ People who goes to med school knows what they will get for what they pay so doctors have no problem paying back their student loan. If you think it’s easy to achieve anything in life, then you need to wake up. The party is already over years ago, now is the time to PAY BACK YOUR LOAN.
@@disf5178 What’s ridiculous is that you expect every single person to pay for student loans in this economy… not everyone has the same experiences or opportunities. That why ppl have to QUALIFY for the loan forgiveness. People are acting like toddlers over this 😅
Can I pay the rate you paid for college adjusted for inflation? If so, I'll gladly pay my loans back. College is 60k+ per year today, when it was 10k or so per year 20 years ago. Adjusted for inflation, that's about 20k today... So let me write off the other 160k I had to take in debt, and I'll just pay off the 80k like you. How can anyone compare those who paid off their loans to those in debt today? You got a good deal, simply because you were born 20 years earlier than me. How is that fair? The world is not fair. Grow up. This relief barely does anything for later millennials or gen zers.
@@heyaisdabomb My rate was the same as yours and uninflated dollars then were worth a lot more, so it is the same or actually worse -- I made a lot less money then too. Your numbers are way off and not accurate. I paid every expensive penny and you just want a free ride on the backs of taxpayers. As my father said often, "Life's unfair, get used to it." Pay the money back. Grow up.
When was your degree and did you go to a cheap school by any chance? Like community College or something? And Sir, the auditor who needs the education to make sure your tax dollars go to the right places is probably CRUSHED by student loan debt. Some who may have thought about being that auditor may have dropped because of that debt. I'm proud of you, but not everyone is you, and EVERYONE deserves the chance at an education.
Stop saying it’s unfair to those who already paid off their debt like that’s the real reason. The real reason is loan servicers lose income in interest when they lose the loans they borrowed out. Because they’re not making enough money. 🙄
Actually Federal loan servicers do not make their money via interest. All of that interest goes to the dept of Ed. Servicers are paid a little over $1 per loan they service that is in good standing.
5:16 she spent a lot of time worrying about how to pay her load, but didn't spent time to think how she was going to pay it. She think having taxpayers pay her loan is for the greater good. Then she laughs ...
People who paid loans and those who couldn’t are two different things. Obviously there are still ppl struggling which is why they haven’t paid them off and are actively paying.
I agree…. It’s not about loan relief, it’s about INTEREST relief…. I feel Americans would pay their loans back if that interest didn’t tack on so much of it…… I think it would be fair if they would wave interest and tell Americans to pay off just the initial loans.
If they can allow immigrants to come here and go to OUR SCHOOLS FOR FREE, Then we should be allowed to do the same or at least have student loans debt relief.
This is just giving a lump sum to large corporate banks and just makes the high price of college worse. Why not spend it on more important areas like healthcare, homelessness, sustainability, etc.? Attending an overpriced university is a choice while medical hardships often aren't. Nowadays, anyone can get a college level education from TH-cam. Courses from Harvard, MIT, Stanford, etc. are online.
@@esther3396 There's something called the Bennett Hypothesis: Increasing subsidized loans increases the cost of universities. It comes from basic supply and demand: increasing finances gives colleges the option of more revenue by raising tuition. Concretely, 4 year universities raise tuition by over $.50 for every $1 increase in federal student aid. This is also why housing and medical care has gotten so expensive.
Where is this giving a large sum of money to corporate banks? The only loans that are eligible are the ones where the Dept of Ed are the Lenders. Loans taken out before 2010 were backed by banks and private entities and those are not eligible.
@@Jamie438 You're right, I mispoke since I think of any lender as a bank, but that was not the point I was trying to make. Essentially, this is a temporary band-aid that doesn't fix the underlying issue.
@@user-dx2kw1mf8e nope, they are still considered commercial. Borrowers were able to consolidate their loans to direct loans which are the only loans eligible. I have worked in the student loan industry with a federal servicer for some years.
I really wish someone could investigate the school that was called API in Gainesville Ga now called woodruff Gainesville Ga they keep changing names but they make you pay for a check that you don't even receive. I only got one check not two and I put in a note I had to quit because I had no one to watch my kids at the time they were toddlers because my grandparents got out into a nursing home and didn't have no one else to watch them. And couldn't afford daycare. They trying to still charge me for a check I never even got how can they do that if I didn't receive it. I hope someone higher power sees this and investigates this school in Gainesville Ga and cancel the loans since they are wrongfully charging students and the keep changing their name..I wonder 🤔 why?! I've heard so many stories about this school after I left and alot of thinks they are committing alot of wrong issues wrong patents for students and chargeing people when didn't get a check only got one check.
I'm all for it. Anything that will burn the system to the ground and bring about the complete collapse of the country faster so we can hit the reset button and either have 1776 part 2 or go full Mad Max I am 100% in favor of. Let the entire thing fail and let's get to the chaos so these kids that think the world is going to end because they have to work 40 hours or someone uses the wrong pronoun are going to be absolutely priceless to watch when the whole country goes full apocalypse.
Unfair! All my student loans are from a College that no longer exists because they lost accreditation while I was attending. All my credit hours, time and hard work disappeared! All that debit I still have to pay back for a school that no longer exists and a degree I never received! I have tried three times to have it forgiven and have been denied every time. Explain how that is fair.
Would it be nice to get your student debt paid off? Of course. Would it be nice to get your auto loan paid off? Of Course. Would it be nice to get your mortgage paid off? Of course...see where this is going?
1. Student debt paid off? Awesome 2. Auto loan paid off? Not a pressing priority for millions of Americans but sure 3. The price of housing in America is a crisis and refusing to acknowledge that is silly. The status quo is NOT acceptable. If you can't accept that fact, then I pray for you.
Doesn’t matter if you babies feel like it’s “not fair”. Legally speaking it’s totally sound, and for the SCOTUS to dismiss it would be deeply troubling and obviously political.
Well I am glad you declared it legally sound, if Ross Bradley says so, then someone should contact the Court and tell them to just drop it, it has been solved
less money for citizens....Mohela just like any other state run loan servicing provides interest earned back to the government that is then decided by local politicians. The idea that this isn't good for citizens is manipulative.
Those who complain about the debt relief should also be upset about the $2 billion war aid as well as relief for businesses. Why isn't that being brought up ???
It... it literally was? In the video? You have to understand the same people mad about student debt relief also dislike sending money to aid foreign wars, both can be and ARE just true. It's not a "gotcha" for those pro student relief to say "but you dont care that the us sends billions in war aid?!" Yes they do. They also hate medicare, programs for the disabled and lower income because they think it's "being abused" and "a waste of taxes". This argument wins nothing.
It is now at an absurd one fifth of the nation. Well I guess we can shoot for a majority in distressed debt. I am honestly not sure if the weird comments are coming from trolls paid by lobbyists or if they are brainwashed by propaganda or that the US citizenry is so narcissistic and self centered that they care nothing for the future of the nation. All of this will spell disaster. We actually have a system that sacrifices its children. It is nearly Aztec in its implications.
I'm just kicking myself for not making regular payments DURING college, but I had a sick and disabled mother to look after. Not everyone goes (or can go) to college right after HS. Some are already in the workplace and are mature and just want to better themselves. Isn't that the American Way? (Rhetorical)
Well we're going to forgive student debt then we're going to have to forgive homeowner debt everyone that owns a home should have $20,000 removed from their loan debt and if they've already paid off their home than they need to be given $20,000 or we can just say home owners and students are responsible for their own loans which is how it should be other should not have to pay for your poor decisions you decide to live outside your means that's your problem I can't afford a car so I did not buy one I didn't buy one then demand everybody else to pay for it
A car is different than an education. Also, it's not fair how my parents generation paid pennies pretty much in getting an education, and now that generation has screwed us over and jacked up tuition to the moon. I want an education, WE CAN'T ALL DO TRADES. Some of us want to be teachers, doctors, lawyers, accountants, forensic scientists, ALL THINGS WE NEED AS WELL AS TRADES. So my brother in christ look at the whole forest instead of the trees.
Dude it is unfair lots of thing that Republican has pass.who say everything is fair.lots of my tax dollar went places that was unfair to me.i am sure we all benefited from some unfairness.
I pay taxes which go to child tax credits... For kids I don't have. But yet, this benefits me... Because these kids are less likely to be in poverty, and thus, less likely to become criminals and more likely to become tax paying members of society. This is true with so many places tax dollars go, including student loan forgiveness. This benefits everyone. It's funny how everything is about creating jobs for Fox and the Right when they want it, and it's about socialism when they don't like it. Bail outs for the rich is not socialism, it creates jobs. But bailouts for college grads drowning in debt is socialism, despite the fact that it will allow people to get business loans, and create new jobs...
It’s not debt ERASURE. It’s not COMPLETE DEBT FORGIVENESS. It’s literally just unloading a small percentage of all the debt owed. A lot of people owe around 50k in student loans. Only 20k? It doesn’t erase all the loans but it makes it SO much more realistic to pay back the loans. What annoys me is that when banks mismanage their money…no one thinks oh we shouldn’t bail them out! They fucked up, not us! Nope, everyone looks the other way while they get bailed out of their poor decisions. Some of our politicians had businesses that took Advantage of the PPP loans and no one said BOO about that loan forgiveness. They should’ve tied that PPP loan forgiveness to student loan forgiveness. Then you KNOW a lot of these people arguing now wouldn’t have said anything.
@Bill Randleman But he has the ability to cancel the debt. In times of crisis, the president is able to dismiss debt. A lot of people lost their jobs during the pandemic
Man just don't pay that shit... start a business, use writeoffs to keep your revenue looking low and then go on the income based repayment plan. America always has loop holes, you just got to be wise
As much money as I put in this economy from the taxes that they take out of my check twice a month I think I deserve assistance with my student loans. And I can assure you the money that I have given out is way more money than I'm asking back for my student loans
What about the people who paid off their debt? Or the people who are smart enough to get scholarships or join the military to get an education? This will only really help the rich who took in debt. Like AOC and other Congress's BS.
@S W some people take out loans and credit cards to improve credit scores. Also just because you are rich doesn't mean you can pay for everything instantly.
The rich have already paid off the debt. Also, to rephrase your first sentence "What about the people who already died of polio?" - response to the polio vaccine, probably Also, good on the smart people, not everyone of course can get a full ride scholarship And the military...why should that be the option for escape? The incentive should be to protect your country, not for financial reasons. Like my brother in christ why can't we help people seeking an education? Especially those who are in education, mental health, auditing/accounting (for the ones who ensure tax payer money is spent appropriately) and other important fields that may or may not have a shortage of workers already.
i would rather the government use whatever some of that money is to assist with food prices than give student loan debt forgiveness. waive tax on food instead of giving young adults a handout based on the educational decisions they made. people should learn how to budget.
I wonder why we have a shortage in teachers and other areas.... Maybe because of the mindset that it's somehow not in the public interest to promote higher education. I get trades are good, but we CAN walk and chew gum at the same time.
Yeah you know what? Everyone should just stop going to college. Doctors, teachers, engineers, lawyers- who needs em? The only education I need is alt right podcasters who havent spent a day in a classroom since 95
Can anyone give me information if a school API Gainesville Ga now called woodruff Gainesville Ga is charging me to pay for two check. I only got one check from that school. How can they make me pay for something I never got?!? Any advice and I can't afford a lawyer so what do I do? It's been years ago when I went so how do I prove it?
Didn't part of the deal of the overall Loan Forgiveness package state those who completely paid off their loan like you who bust your butt & qualify will get reimbursed upto $10K?
How much did you go into debt, and what year did you graduate? If it was before 2010, then you can sit down. 10k does very little, when the average borrower today has to go over 50k into debt, with over 35% of borrowers going over 100k in debt like me. All because we were born later than you.
Good for you, this just helps other folks. Surely you had some help that was tax payer funded. Such as some sort of welfare if you were on poverty. You can give back and help those who were in a similar situation as you, unless you just lack empathy.
Yeah and teach courses that when they get out of college and get into the real world they could sustain themselves make a difference in the community I mean some of the courses that they're teaching these kids you can't use it out here there's no time-out corner it's the real world colleges should prepare them not the crap that they teach
...That is the whole point of lending money. If there was no benefit, lenderer's would not do it... Banks would not offer credit cards... You could not get a loan for a home if there was no incentive for the ones lending the money... It's up to you to pay it off as quickly as you can so that you pay as little money in interest as possible. No one forces you to borrow money. You can save and wait until you have the money you need...
@@1bntcr001 yes but to borrow money from a bank there are numerous checks and balances...these students literally have no checks or balances...they are literally given as much as they can get and thats it no credit check or anything
So this woman getting a worthless degree in journalism is for the greater good? It seems that it's only for her good, that she will potentially be able to make more money with a college degree is not for the greater good, it's for her own good!
Democracy requires an educated population making educated decisions. The problem is, this country is full of uneducated idiots, that's how we got orange man in office. Yes, let's cut all of the regulations on businesses... How did that work out for East Palestine? College is a foundation to creating a business, which creates jobs... Are you against creating jobs? Even those who just work in a white collar business with a college degree, their success because of their education, helps the company grow... And thus create more jobs. Basically, you want to pull the people back who worked hard to get a degree, because you were too lazy to do the same, and think we have an unfair advantage now in the work place. Pull yourself up, and get the degree... Don't be lazy.
1. Have you ever gone to college 2. What did you get a degree in if so 3. When did you go 4. Are you only worried about money? 5. Is it wrong for people to just pursue what they are passionate about, in fields that are important, like teaching , and yes journalism. I feel like it's the mindset of money over passion, so let's ENSURE there is no incentive for passionate work, that has lead to shortages in many sectors. Basically, it is for the public good. Not all journalists work at the big time companies, there's local ones too that do better, if not more important work.
@@GriffyGood there's little-to-no journalism on TH-cam, what's wrong with you? Oh yeah, you're desperate to have $10,000 shaved off your student loan. Your bias is as bad as mainstream media today
Why? Are you just sadistic? You are going to be forced to have your debt forgiven...if you wanna pay it to be on some weird power trip...ok....that's your call.
@@brunowhitehead8105 stop pretending like throwing money at the problem will solve it. We’ll be right back here in a few years. If this is a problem address the root cause, not the symptoms.
Your mortgage does not benefit others. My degree does... because of it, you have the smart device you are typing this message on. I guess you guys want to go back to the stone age? Do you want to go to doctors that never went to college? Why not get a high school lawyer for your divorce precedings?
You must be retired. Grandpa, this ain't the 60's. We are in a cost of living crisis, folks can't pay all their bills with just a single paycheck, many are literally paycheck to paycheck.
Can we call attention to the fact that the US is still allowing kids to sign on to insane debt? Addressing 1/2 of a problem isn’t good politics from either party.
Yes, we'll be having the same debate five years from now!
@@eddiemunster8634 w the same results 😂 🤦
Who said it's mutually exclusive?? The Biden administration has a comprehensive plan in addressing that and the accruing interest
@@cheesewithxbread what plan does he have to address the insane cost of higher education caused by the government being in the loan business? They will continue to charge whatever and as much as they can as long as this "free" money is available
@@abbieandus it is actually in his plan to hold colleges and universities accountable for rising college cost. I'm not sure on the specifics of that plan, but it is something he's thinking about and putting out there. It just doesn't get as much coverage I think
The first step would be to make college more affordable so it doesn’t saddle people with decades of debt. If someone wants to pursue higher education, it does benefit society as a whole.
it would benefit society more if these students went to trade school which is cheaper and they'd have good-paying jobs by now.
@@perryroberts4353just as we need trade jobs, we need doctors, teachers, and, dare I say, lawyers.
Like trades are not the only answer. If we aren't gonna support debt relief for those who go to college, we shouldn't support trade training.
@@perryroberts4353 really so All students should now go to trade schools? What do you think will happen to the salaries when there is more supply than demand
@perry roberts then who would be your doctor? Nurse? Dentist? Oncologist? Lawyer? Y'all are quick to deem a college education expendable, but it's required for majority of these positions that you need in your daily life. And wealthy people aren't exactly clamoring to serve you in these capacities.
@Bill Randleman are you sure about that? Because I know several attorneys, nurses, and doctors who just received loan forgiveness. Paying back a $500,000 loan with 7.5 interest on a $180,000 salary is not a walk in the park.
Why can't we help Americans? But we eagerly jump at a chance to bail out a business or foreign country. Sad state of affairs.
It's shameful that people feel that if they can't benefit nobody should.
right
True, this would pay for itself. I don't recall these people complaing about their stimulus checks. Smh
Trump made horrible financial decisions with his dads money and was bailed out repeatedly by his dad.
You see what product that produced.
You're wrong, what is shameful is making taxpayers who didn't go to college having to pay for the worthless degrees of the are responsible people who did go to college
MURICAAA!!
If we want to play the it’s not fair game then please give me my money back from Medicare, social security, school taxes etc. I didn’t ask to pay into those things yet it comes out of my check every two weeks while I pay for my own health insurance, retirement and have no kids. If you give me my money back for shit I didn’t ask to pay for then I could pay my student loan debt. But no I have to pay it back on what’s left after my check is destroyed by taxes. For those of you saying you worked and pay for college at the same time good for you. Have you seen how much college costs vs what jobs are paying. Your classes will be dropped if not paid in full by a certain date. With that logic you’ll be taking 1 class a semester for 10 years.
Great point about getting taxes back for mcare and such. 👏👏
😆 those taxes you paid finance your own Medicare, and social security. That's why if you don't pay into Medicare you don't get shit when you're old.
@@americanhistoryx18 you mean the Medicare program that has people rationing their meds? You’re talking like the program works… it doesn’t
It’s all about the money, the government system make so much money on those student loan INTEREST. That interest on those loans is what makes it impossible to pay those loans off without any other alternative. Student loan is designed to suppress the poor, making it impossible to file for bankrupt or getting rid of it.
Yeah, I couldn't believe that was the point he made. The framing of this video is sympathetic to the side of not forgiving the debt and that still makes it in? It's already deeply unpopular and they're not doing themselves any favors with that argument
To those who didn't go to college and are against this, please, stop going to college educated doctors. Use the high school educated doctors. Because you benefit from everyone around you going to college, whether you understand it or not. Just like I, who has no kids, benefits from paying taxes used for the child tax credits. The whole reason people are against it is they lack critical thinking skills they would of gained by going to college. Just because something doesn't directly benefit you, doesn't mean it doesn't indirectly benefit you.
What a ridiculous statement. People pay to go to doctors, which allows those doctors to pay back their student loan debt. There is no benefit in paying for someone to go to college just so they can do the bare minimum, get low grades, and not even apply any of the information they supposedly learned while going to college. There are many jobs which rightfully require a college education, but even more jobs that unnecessarily require a college education. Maybe we should talk about employers discriminating against equally as able and intelligent non-college-educated people. It does not benefit the taxpayer to pay for people to get a useless degree. I willingly put myself in a small amount of debt to go to college, because I knew the outcome would outweigh the cost, and I knew I was going into a high-paying field. However, I also worked hard and kept up a scholarship. It seems ridiculous that anyone would put themselves in a large amount of debt for a useless degree and then expect everyone else to pay for them. And by the way, if you think your critical thinking skills are better than anyone else’s by means of a college education, maybe you should re-evaluate what you’ve been taught by your professors. Most professors now just feed students information and want to hear an echo back from the students.
Strange that you think we all benefit from those going to college. Even some students themselves will get no benefit. Some will choose non-STEM degrees with no earning value to the country or themselves. I think some going to college are brain-washed lunatics. I don't even blame them. The progressive left Academia is the blame. Perhaps the major universities themselves should forgive a % of the debt. They are destroying the country. Many will tell you that is their true, righteous goal. Bring down everything in the name of social justice. Just ask them. They will happily share their heart-felt reasons. I take the side of Dr. Jordan Peterson on that. He's far more eloquent than I on the subject. Actually....any subject.
I don't/cant go to a high school doctor as you know. But I understand the snark. I'm all for discussing help for those under 40K per year. But if you make 100K per year, then pay your own debt off. You're already in the top 30% of earners. Why not suspend all loan payments for the first 15 years after college? By then, you should be well established. I think Norway does something like that, in addition to 3 years of national service.
😆 😂 I went to college. I don't expect others to pay my bills
Doctors have real degree and make real money to pay for their student loan so they are not to qualify for loan “forgiveness”. Anyone expects for forgiveness knows they did something wrong, such as getting a wrong degree that wouldn’t pay their loan.
Nice try, doofus. Doctors don't even qualify for the relief, and people studying to be Doctors know they'll be in great shape to pay off their loans. Most of these unpaid loans are for art/humanities majors and students who didn't want to work. It wasn't just books and tuition. It's rent, food, entertainment, partying, ubers, etc...
No one wants to pay of their debt. Join the club. You borrowed, you spent, you repay.
Well how are corporate bailouts "not fair" to companies that properly manage their finances. Nobody put up a fuss against bailing out those companies. Selective outrage.
True
👏🏽👏🏽👏🏽
If we are going to talk about how unfair it is, how about we start with how unfair it is that previous generation's college tuition was cheaper and that one person making minimum wage used to be able to raise a small family. I don't have student loans and others shouldn't be haunted by them for the literal rest of their lives because you think something is unfair.
Trade off, no student loan relief, no business relief. Make sure people do not forget who want to you kids in debt.
Exactly these politicians were not at all upset when multi-million dollar corporations received bailouts.
@@PinkOwl31 just because people are against student loan relief doesn't mean they are for corporation bail outs. I agree with that one dude who said let them fail! It's capitalism. But hey the student loan lenders and the colleges made "Congress level" plans and ideas and now that the students couldn't pay off the loan they want the people to pay for it? Bro you just made a congress bill, which unofficially "passed" and now you are hustling the people by using ethos or pathos or w.e the fuck it is to make people say "how dare you not pay my loans! Fuck you! I hate you!" Aye!! Stfu. That's what I would say. You got taken advantage of by your loan lender and now you want me to pay or else I'm scapegoat by society? Yeah sounds like a foreign land scam or what? "C'mon brudda pay the $25 for this piece of bread or else you're a piece of shit for not feeding me and my friends who are poor." Fuck you for your manipulation you manipulator. Fuck off no?
@@WhateverIwannaupload well if they are against both, they should fight against both just as hard. That's all I was saying. But logic excapes most.
@@PinkOwl31 it's not politicians. The majority of Americans are against paying the debts for useless degrees from overpriced schools.
@@disf5178 cool, your tax dollars also already went to bailing out corporations...
So interest….I don’t understand why we even charge interest on student loans…if we want more educated professionals, doctors, nurses, teachers, lawyers, tech developers, etc. why would we want to borrow when lenders are vocally admitting their only way to profit is with interest. I’m sorry to say, but that man from Missouri probably paid his college with inherited wealth that derived from slavery.
MOHELA is a Federal Loan Servicer that is charged with loan forgiveness anyway. They are the lender that oversees Public Service Loan Forgiveness. So these states are saying it's not profitable for these states if MOHELA actually forgives student debt and that's their main job. By the way, Student Loan Debt Relief extends to parents that took out Parent PLUS Loans. So, it doesn't just target college kids and former college kids, it includes parents.
1. MOHLEA is a SERVICER, not a Lender. The Dept of Ed is the Lender.
2. MOHELA has no authority to decide who gets forgiveness. The Dept of ED makes that final decision. MOHLEA only does the paperwork to check eligibility.
Idiot almost a half trillion dollars would make inflation double!
If college students say they're "Ukrainian" then they'll get all the money they need
You can claim you are Ukrainian too, just prove your home, country, family were all blown to bits, easy peasy! 🤦♂️🙄
Sad but true
2pac lyrics spotted right here. “They have money 4 war but no money 4 d poor” .
Why wasn’t it illegal when all the PPP loans were forgiven ? Such. A double standard to help the wealthy at the expense of the working class
okay then Missouri stay out of it and don't get the benefit-leave other states to your money. doesn't make any sense.
Simple solution: don’t take out any student loans you can’t afford to pay back. You legally contracted to obtain these loans so don’t default on them or expect tax payers to pay them off for you.
Is it fair to people who have never had children to shoulder child tax credits for those who have had children?
I say this same thing. I want my 18 years of back child tax credit since I chose not to have kids.
@@Jamie438 Me too. Why am I paying for others kids then? Oh wait... Maybe it's because all of these programs benefit us all, directly or indirectly. Child tax credits reduce poverty, that in tern reduces crime. So even though I don't have kids, it benefits me. Who creates all of the technology we use in our every day lives? People who made the sacrifice to go to college. People act like college is easy... It's 4 to 7 years of hard work and sacrifices. Ever go to a doctor or lawyer who didn't go to college? How about this... Everyone who didn't go to college and don't want their tax dollars going to college bailouts, why don't you go to the quack doctors who didn't go to college and see how that goes... Leave the real college educated doctors to those of us who are paying our debt to society by going to college or who are willing to pay their debt to society by helping offset the cost of the college education they benefit from everyday.
You’re right, child tax credits are just as unfair as student debt relief. Welcome to the libertarian party my friend.
@@heyaisdabomb Where in my simple reply did you deduce that I don't have a degree or college debt? I was simply stating for those who think forgiveness is a horrible thing and shouldn't be done, the same goes for child tax credit. You are correct though, IF the money is used how it should be then yes, crime is reduced yada yada. I have been in the student loan industry for some years and see first hand how forgiveness would benefit people.
How about roads if you don't drive, welfare if you work and so on.
After reading all of these comments on the reasons why student loan debt should be forgiven, my main takeaway is that these borrowers should never have been allowed to make this kind of decision in the first place. They we're not mature enough or adult enough to make these financial decisions.
I can't believe you GMA. You just lost this viewer. Hopefully many more will follow. Bottom line when a student signs the papers for their student loan they are saying that they understand that they have to pay that back. The same way that when I signed for my home loan, I have to pay it back it is not forgiven. Let's be honest this 430 billion is going to be passed on to the rest of us taxpayers. We will have to pay your debt for you. And for the record I live in Missouri.
Just pay it off! Hustle and pay it off!
Help the dam people.
The rich keep getting richer (Come on Man !!! )
The student debt trap has been known for 15 or so years.
This damage is 100% self inflicted and I am happy people are fighting back against this.
Love how all of the corporate news has taken an anti forgiveness slant. Across the board. It’s incredible.
I guess people in Missouri knows to vote out this guy when the time comes however that works.
If they don’t do something soon we’re going to see a huge shorter of doctors, lawyers and so many other graduate programs. This is so scary 😢
Good try, lazy girl. If you spend just a little time to do your homework, doctor and lawyer incomes are too high to qualify for loan forgiveness.
That's ridiculous, Cassie. There's so much money for merit scholarships and grants for low income students. Most of the UNPAID loans are people who saw an opportunity for easy money and an easy fully paid life while taking totally useless majors with no career prospects. Those who worked through school, or took loans knowing their careers would be bankable, have paid off their loans. I knew of so many people while I was a student, who used loans like a money tree. It wasn't just books and tuition. It was rent, food, entertainment etc...they didn't work and took 12 units of easy and useless art/humanities. They borrowed and spent. Now they can repay. If anything, they should be demanding that their colleges help pay of the loans. Not the rest of us.
@@timvu9313 Good try? If it was easy everyone would do it. That’s obvious! I’m talking about school being unattainable for those who actually want to study those careers. Some ppl have no choice but to go into 250k worth of depth for med school, that’s truly insane!
@@SincerelyLee__ People who goes to med school knows what they will get for what they pay so doctors have no problem paying back their student loan. If you think it’s easy to achieve anything in life, then you need to wake up. The party is already over years ago, now is the time to PAY BACK YOUR LOAN.
@@disf5178 What’s ridiculous is that you expect every single person to pay for student loans in this economy… not everyone has the same experiences or opportunities. That why ppl have to QUALIFY for the loan forgiveness. People are acting like toddlers over this 😅
“LoOk HoW eXpEnSiVe It iS”
Classic.
The case is all those who previously had student loans and paid them, sometimes with great hardship and over a long period. I paid mine. Pay yours.
Should parents who raised their children without child tax credits be upset with today's parents who do receive them?
Can I pay the rate you paid for college adjusted for inflation? If so, I'll gladly pay my loans back. College is 60k+ per year today, when it was 10k or so per year 20 years ago. Adjusted for inflation, that's about 20k today... So let me write off the other 160k I had to take in debt, and I'll just pay off the 80k like you. How can anyone compare those who paid off their loans to those in debt today? You got a good deal, simply because you were born 20 years earlier than me. How is that fair? The world is not fair. Grow up. This relief barely does anything for later millennials or gen zers.
@@thedeal9526 Not the same thing but I never supported unequal taxation for whatever reason.
@@heyaisdabomb My rate was the same as yours and uninflated dollars then were worth a lot more, so it is the same or actually worse -- I made a lot less money then too. Your numbers are way off and not accurate. I paid every expensive penny and you just want a free ride on the backs of taxpayers. As my father said often, "Life's unfair, get used to it." Pay the money back. Grow up.
When was your degree and did you go to a cheap school by any chance? Like community College or something?
And
Sir, the auditor who needs the education to make sure your tax dollars go to the right places is probably CRUSHED by student loan debt. Some who may have thought about being that auditor may have dropped because of that debt.
I'm proud of you, but not everyone is you, and EVERYONE deserves the chance at an education.
Stop saying it’s unfair to those who already paid off their debt like that’s the real reason.
The real reason is loan servicers lose income in interest when they lose the loans they borrowed out. Because they’re not making enough money. 🙄
True. Making MOHELA a victim in this lawsuit is very unwise.
Actually Federal loan servicers do not make their money via interest. All of that interest goes to the dept of Ed. Servicers are paid a little over $1 per loan they service that is in good standing.
No excuses. They have money for Ukraine, they have money to help struggling Americans.
5:16 she spent a lot of time worrying about how to pay her load, but didn't spent time to think how she was going to pay it. She think having taxpayers pay her loan is for the greater good. Then she laughs ...
If we can give billions to Ukraine the GOP has no problem with then the very least we can do is provide relief to our own citizens
People who paid loans and those who couldn’t are two different things. Obviously there are still ppl struggling which is why they haven’t paid them off and are actively paying.
I agree…. It’s not about loan relief, it’s about INTEREST relief…. I feel Americans would pay their loans back if that interest didn’t tack on so much of it…… I think it would be fair if they would wave interest and tell Americans to pay off just the initial loans.
You all need to club your parents for wasting 18 YEARS not saving for your education.
If they can allow immigrants to come here and go to OUR SCHOOLS FOR FREE, Then we should be allowed to do the same or at least have student loans debt relief.
Pay my credit card debt, and pay my bills 🙃. No one forced your loans pay it back! If student loans get canceled, I want my credit card canceled.
Why would you be upset by any of that yourself?
@@brunowhitehead8105 because I sacrifice d to pay my loans back.
We shouldn’t employers pay? The ones that directly benefit from the labor.
We can cancel debt multi-million dollar businesses, but we can’t cancel student debt relief?
Republicans: we want our students to be broke as hell after college.
I don't remember these affordability arguments when Trump passed his tax cut for corporations and millionaires...
Maybe college should give back students money for all those degrees that went obsolete that they can't use anymore... 🤔
This is just giving a lump sum to large corporate banks and just makes the high price of college worse. Why not spend it on more important areas like healthcare, homelessness, sustainability, etc.? Attending an overpriced university is a choice while medical hardships often aren't. Nowadays, anyone can get a college level education from TH-cam. Courses from Harvard, MIT, Stanford, etc. are online.
Not to sound mean but this sounds so stupid and ignorant 😭
@@esther3396 There's something called the Bennett Hypothesis: Increasing subsidized loans increases the cost of universities. It comes from basic supply and demand: increasing finances gives colleges the option of more revenue by raising tuition. Concretely, 4 year universities raise tuition by over $.50 for every $1 increase in federal student aid. This is also why housing and medical care has gotten so expensive.
Where is this giving a large sum of money to corporate banks? The only loans that are eligible are the ones where the Dept of Ed are the Lenders. Loans taken out before 2010 were backed by banks and private entities and those are not eligible.
@@Jamie438 You're right, I mispoke since I think of any lender as a bank, but that was not the point I was trying to make. Essentially, this is a temporary band-aid that doesn't fix the underlying issue.
@@user-dx2kw1mf8e nope, they are still considered commercial. Borrowers were able to consolidate their loans to direct loans which are the only loans eligible. I have worked in the student loan industry with a federal servicer for some years.
I really wish someone could investigate the school that was called API in Gainesville Ga now called woodruff Gainesville Ga they keep changing names but they make you pay for a check that you don't even receive. I only got one check not two and I put in a note I had to quit because I had no one to watch my kids at the time they were toddlers because my grandparents got out into a nursing home and didn't have no one else to watch them. And couldn't afford daycare. They trying to still charge me for a check I never even got how can they do that if I didn't receive it. I hope someone higher power sees this and investigates this school in Gainesville Ga and cancel the loans since they are wrongfully charging students and the keep changing their name..I wonder 🤔 why?! I've heard so many stories about this school after I left and alot of thinks they are committing alot of wrong issues wrong patents for students and chargeing people when didn't get a check only got one check.
Sending billions of our dollars to Ukraine has done more harm
Then good
I'm all for it. Anything that will burn the system to the ground and bring about the complete collapse of the country faster so we can hit the reset button and either have 1776 part 2 or go full Mad Max I am 100% in favor of. Let the entire thing fail and let's get to the chaos so these kids that think the world is going to end because they have to work 40 hours or someone uses the wrong pronoun are going to be absolutely priceless to watch when the whole country goes full apocalypse.
Unfair! All my student loans are from a College that no longer exists because they lost accreditation while I was attending. All my credit hours, time and hard work disappeared! All that debit I still have to pay back for a school that no longer exists and a degree I never received! I have tried three times to have it forgiven and have been denied every time. Explain how that is fair.
Would it be nice to get your student debt paid off? Of course. Would it be nice to get your auto loan paid off? Of Course. Would it be nice to get your mortgage paid off? Of course...see where this is going?
1. Student debt paid off? Awesome
2. Auto loan paid off? Not a pressing priority for millions of Americans but sure
3. The price of housing in America is a crisis and refusing to acknowledge that is silly.
The status quo is NOT acceptable. If you can't accept that fact, then I pray for you.
So they will lose profits…so we shouldn’t do it…
We live in an oligarchy.
If they don’t get loan forgiveness, declare bankruptcy. Assets against liabilities.
You can’t declare bankruptcy that is the problem.
Doesn’t matter if you babies feel like it’s “not fair”. Legally speaking it’s totally sound, and for the SCOTUS to dismiss it would be deeply troubling and obviously political.
Well I am glad you declared it legally sound, if Ross Bradley says so, then someone should contact the Court and tell them to just drop it, it has been solved
@@billelgin6848 🤘
less money for citizens....Mohela just like any other state run loan servicing provides interest earned back to the government that is then decided by local politicians. The idea that this isn't good for citizens is manipulative.
He didn't say that when rich people got $2 trillion in tax cuts..
Or 800 billion in PPP loans where only 10 percent of businesses paid it back.
Those who complain about the debt relief should also be upset about the $2 billion war aid as well as relief for businesses. Why isn't that being brought up ???
It... it literally was? In the video? You have to understand the same people mad about student debt relief also dislike sending money to aid foreign wars, both can be and ARE just true. It's not a "gotcha" for those pro student relief to say "but you dont care that the us sends billions in war aid?!" Yes they do. They also hate medicare, programs for the disabled and lower income because they think it's "being abused" and "a waste of taxes". This argument wins nothing.
Come on give us a break 😅 we need the relief ❤
Broken system filled with uncollectable debt. 80% of loans are distressed.
It is now at an absurd one fifth of the nation. Well I guess we can shoot for a majority in distressed debt.
I am honestly not sure if the weird comments are coming from trolls paid by lobbyists or if they are brainwashed by propaganda or that the US citizenry is so narcissistic and self centered that they care nothing for the future of the nation. All of this will spell disaster. We actually have a system that sacrifices its children. It is nearly Aztec in its implications.
Missouri cant bring up past on terms/loans now. Its what we do now to change the past and future.
What about poor people who didn't go to college and owe back due welfare collected by IV-D federal and state agencies?
Eliminate EVERYTHING PLS!!!!
I just can't believe that he's saying a company will make less money!!! as an argument to try to appeal to people
I'm just kicking myself for not making regular payments DURING college, but I had a sick and disabled mother to look after. Not everyone goes (or can go) to college right after HS. Some are already in the workplace and are mature and just want to better themselves. Isn't that the American Way? (Rhetorical)
They, Generation Z, do not deserve to be relieved. Money should be given to migrants who work in jobs they do not want to do.
young people: don't vote republican next time!
Damn only 12k ...I will trade her in a heartbeat!!
Well we're going to forgive student debt then we're going to have to forgive homeowner debt everyone that owns a home should have $20,000 removed from their loan debt and if they've already paid off their home than they need to be given $20,000 or we can just say home owners and students are responsible for their own loans which is how it should be other should not have to pay for your poor decisions you decide to live outside your means that's your problem I can't afford a car so I did not buy one I didn't buy one then demand everybody else to pay for it
When did you go to college?
A car is different than an education.
Also, it's not fair how my parents generation paid pennies pretty much in getting an education, and now that generation has screwed us over and jacked up tuition to the moon.
I want an education, WE CAN'T ALL DO TRADES. Some of us want to be teachers, doctors, lawyers, accountants, forensic scientists, ALL THINGS WE NEED AS WELL AS TRADES.
So my brother in christ look at the whole forest instead of the trees.
i blame someone for allowing us to take out these massive debts without any requirements or knowledge what it will lead to.
Dude it is unfair lots of thing that Republican has pass.who say everything is fair.lots of my tax dollar went places that was unfair to me.i am sure we all benefited from some unfairness.
I pay taxes which go to child tax credits... For kids I don't have. But yet, this benefits me... Because these kids are less likely to be in poverty, and thus, less likely to become criminals and more likely to become tax paying members of society. This is true with so many places tax dollars go, including student loan forgiveness. This benefits everyone. It's funny how everything is about creating jobs for Fox and the Right when they want it, and it's about socialism when they don't like it. Bail outs for the rich is not socialism, it creates jobs. But bailouts for college grads drowning in debt is socialism, despite the fact that it will allow people to get business loans, and create new jobs...
How about forgiving mortgages. How about forgiving car payments....see where I'm going
Yes...in a awesome direction. Let's do it.
Especially mortgages, as housing prices are way higher than when you bought a house.
should not BE student loans
These people could get a job, they signed the contract
Why do they keep saying the government. They should say why do you think other people should pay for your debt
It’s not debt ERASURE. It’s not COMPLETE DEBT FORGIVENESS. It’s literally just unloading a small percentage of all the debt owed. A lot of people owe around 50k in student loans. Only 20k? It doesn’t erase all the loans but it makes it SO much more realistic to pay back the loans.
What annoys me is that when banks mismanage their money…no one thinks oh we shouldn’t bail them out! They fucked up, not us!
Nope, everyone looks the other way while they get bailed out of their poor decisions.
Some of our politicians had businesses that took Advantage of the PPP loans and no one said BOO about that loan forgiveness. They should’ve tied that PPP loan forgiveness to student loan forgiveness. Then you KNOW a lot of these people arguing now wouldn’t have said anything.
@Bill Randleman But he has the ability to cancel the debt. In times of crisis, the president is able to dismiss debt. A lot of people lost their jobs during the pandemic
Fix the cost of education.
Expensive? Illegal? Unfair ? Will they be paying off the loans?
Man just don't pay that shit... start a business, use writeoffs to keep your revenue looking low and then go on the income based repayment plan. America always has loop holes, you just got to be wise
As much money as I put in this economy from the taxes that they take out of my check twice a month I think I deserve assistance with my student loans. And I can assure you the money that I have given out is way more money than I'm asking back for my student loans
JB just does what he wants.
If this fails they should pay back the PPP loans
I agree, but the right-wing derps will probably say something against it. Hypocrite bastards they are.
What about the people who paid off their debt? Or the people who are smart enough to get scholarships or join the military to get an education?
This will only really help the rich who took in debt. Like AOC and other Congress's BS.
The rich pay for college outright, they don't need to take in debt.
@S W some people take out loans and credit cards to improve credit scores.
Also just because you are rich doesn't mean you can pay for everything instantly.
The rich have already paid off the debt.
Also, to rephrase your first sentence
"What about the people who already died of polio?" - response to the polio vaccine, probably
Also, good on the smart people, not everyone of course can get a full ride scholarship
And the military...why should that be the option for escape? The incentive should be to protect your country, not for financial reasons.
Like my brother in christ why can't we help people seeking an education? Especially those who are in education, mental health, auditing/accounting (for the ones who ensure tax payer money is spent appropriately) and other important fields that may or may not have a shortage of workers already.
So borrowers supposed to incur debt and struggle so MOHELA can make money that helps no one?! TF 😒
Shut it down.
i would rather the government use whatever some of that money is to assist with food prices than give student loan debt forgiveness. waive tax on food instead of giving young adults a handout based on the educational decisions they made. people should learn how to budget.
I wonder why we have a shortage in teachers and other areas....
Maybe because of the mindset that it's somehow not in the public interest to promote higher education.
I get trades are good, but we CAN walk and chew gum at the same time.
Yeah you know what? Everyone should just stop going to college. Doctors, teachers, engineers, lawyers- who needs em? The only education I need is alt right podcasters who havent spent a day in a classroom since 95
Can anyone give me information if a school API Gainesville Ga now called woodruff Gainesville Ga is charging me to pay for two check. I only got one check from that school. How can they make me pay for something I never got?!? Any advice and I can't afford a lawyer so what do I do? It's been years ago when I went so how do I prove it?
It’s really not the principal that’s a problem for me it’s the damn interest
If it was up to me, all our tax dollars would be spent on things that benefit me, oh that is not how it works.
Why have a government am I right? Just abolish taxes. Also, before we do that, I shouldn't be paying for your social security.
Sorry no relief . But we do have good news we are sending more money to Ukraine isn't that wonderful 👍🏿
Twenty years of Taxer's monies to Afghanistan totaled +$2 Trillion US Dollars Assets and Blood.
I busted my ass living in poverty to pay off my loans. Does this mean I can apply for a refund?
Didn't part of the deal of the overall Loan Forgiveness package state those who completely paid off their loan like you who bust your butt & qualify will get reimbursed upto $10K?
@@bhlakbatosai nope. you can request a refund of payments made during the cares act which started March 13, 2020
How much did you go into debt, and what year did you graduate? If it was before 2010, then you can sit down. 10k does very little, when the average borrower today has to go over 50k into debt, with over 35% of borrowers going over 100k in debt like me. All because we were born later than you.
@@Jamie438 oh ok. Thanks for the info
Good for you, this just helps other folks. Surely you had some help that was tax payer funded. Such as some sort of welfare if you were on poverty.
You can give back and help those who were in a similar situation as you, unless you just lack empathy.
Where did she get those pants? They are so cute I need a pair
Yeah and teach courses that when they get out of college and get into the real world they could sustain themselves make a difference in the community I mean some of the courses that they're teaching these kids you can't use it out here there's no time-out corner it's the real world colleges should prepare them not the crap that they teach
they just want to make money off interest, vultures
...That is the whole point of lending money. If there was no benefit, lenderer's would not do it... Banks would not offer credit cards... You could not get a loan for a home if there was no incentive for the ones lending the money...
It's up to you to pay it off as quickly as you can so that you pay as little money in interest as possible.
No one forces you to borrow money. You can save and wait until you have the money you need...
@@1bntcr001 yes but to borrow money from a bank there are numerous checks and balances...these students literally have no checks or balances...they are literally given as much as they can get and thats it no credit check or anything
So this woman getting a worthless degree in journalism is for the greater good? It seems that it's only for her good, that she will potentially be able to make more money with a college degree is not for the greater good, it's for her own good!
Democracy requires an educated population making educated decisions. The problem is, this country is full of uneducated idiots, that's how we got orange man in office. Yes, let's cut all of the regulations on businesses... How did that work out for East Palestine? College is a foundation to creating a business, which creates jobs... Are you against creating jobs? Even those who just work in a white collar business with a college degree, their success because of their education, helps the company grow... And thus create more jobs. Basically, you want to pull the people back who worked hard to get a degree, because you were too lazy to do the same, and think we have an unfair advantage now in the work place. Pull yourself up, and get the degree... Don't be lazy.
1. Have you ever gone to college
2. What did you get a degree in if so
3. When did you go
4. Are you only worried about money?
5. Is it wrong for people to just pursue what they are passionate about, in fields that are important, like teaching , and yes journalism.
I feel like it's the mindset of money over passion, so let's ENSURE there is no incentive for passionate work, that has lead to shortages in many sectors.
Basically, it is for the public good. Not all journalists work at the big time companies, there's local ones too that do better, if not more important work.
@@brunowhitehead8105 you're welcome to indulge your passion at your own expense, not mine
@@eddiemunster8634 So... you didn't go to college? And you realize that you're seeing this TH-cam video due to journalist degrees right?
@@GriffyGood there's little-to-no journalism on TH-cam, what's wrong with you? Oh yeah, you're desperate to have $10,000 shaved off your student loan. Your bias is as bad as mainstream media today
Take responsibility for your own actions and decisions.
How about properly tax the rich? That should cover it
That won't help you. You would be better served, if you focus on yourself.
I have student loans. I hope it gets blocked.
you can call your servicer and opt out of the forgiveness but I can bet my life savings that you wouldn't do that
@@Jamie438 I bet your life savings isn’t worth betting….
@@tedphips23 thats all the proof right there I needed. you talk a big game but youd be the first one in line to accept the discharge.
Why? Are you just sadistic? You are going to be forced to have your debt forgiven...if you wanna pay it to be on some weird power trip...ok....that's your call.
@@brunowhitehead8105 stop pretending like throwing money at the problem will solve it. We’ll be right back here in a few years. If this is a problem address the root cause, not the symptoms.
They can forgive student loans after they forgive my mortgage.
your mortgage wasn't given to you by the dept of ed. good try though
Your mortgage does not benefit others. My degree does... because of it, you have the smart device you are typing this message on. I guess you guys want to go back to the stone age? Do you want to go to doctors that never went to college? Why not get a high school lawyer for your divorce precedings?
Why can't you pay your loans if you have a job?
@@superior120v5 your assumptions all through this comment section is making an ass out of you. Give it up already
@@Jamie438 you didn't answer my question 😒
Pay your own debt or don’t incur it. Problem solved.
The same should go for Ukraine and all these big corporations looking for bailouts.
Pay your bills, it's part of being an adult.
You must be retired.
Grandpa, this ain't the 60's. We are in a cost of living crisis, folks can't pay all their bills with just a single paycheck, many are literally paycheck to paycheck.