I always find it hilarious & rich whenever politicians in the House & Senate claim working-class people are "lazy" because they need help paying off their student loans, especially when you remember that many of the members of Congress are already millionaires that don't even work over half of the year.
It's how the Trump MAGA base thinks. Most of them have a High School Diploma or dropped out. Never set foot in any community college or university. They believe all the lies that people with college degrees are entitled millionaires, but the GOP politicians and their Wealthy Donors are the hardworking Blue Collar people. They don't realize that our schoolteachers, healthcare workers, mental health counselors, and emergency personnel are deep in student loan debt and barely scraping by.
People who argue that we shouldn't forgive current college graduates student loan debt since it would be unfair for previous college graduates that have already paid off their student loan debt is like arguing that we shouldn't find a cure for diseases that people face today because people in the past already died from them. Also, how can a nation that spends close to a trillion dollars on it's military & defense budget every single year be against spending a fraction of that amount to forgive federal student loans just once?
Because they don’t want us to know that this is what the government could be doing for people. Then we might ask why college isn’t just paid for in the first place.
I'm actually against it because bad consumer decisions should be borne by the consumer. Many of the people struggling to pay off their student loans should have taken a different route in life and gone to a tech school or some apprenticeship program. The big lie is telling everyone they should go to college. While the opportunity should be there, reality should also be a factor. We should invest in education earlier and spend a bit more time teaching fiscal responsibility throughout k-12. But that's my opinion. If you have a degree, and you're still working at Starbucks; it's your fault you can't pay off that loan.
It's not the borrower's fault they're saddled with debt because of greedy loan sharks. Much like medical debt, student loan debt shouldn't exist. People didn't take these loans out because they were reckless, they took them out because they didn't have a choice. People don't have thousands of dollars out of pocket to pay for College right off the bat.
@@danf1862A bad consumer decision... Your ideal scenario would lead to less competition in fields, even more of a reliance on immigration, and a dumber populace. At least everyone could balance a checkbook although that class would be taught by chatgpt.
I graduated from college 5 years ago, but still owe tens of thousands in studen loan debt, I lost 2 jobs during the Covid19 pandemic (though I'm currently employed), & rent for most places where I live is almost what I pay in student loans a month so I can't afford to move out on my own. I would love to be a more active member of The U.S. economy if I could afford to do so without so much substantial student loan debt since I'm paying the minimum every month to prevent accumulating intrest. Even if I only had 10% of my student loans forgiven, that's still roughly $8,000 I don't have to worry about having to try to pay on time every month anymore. So, while Biden's SAVE student loan forgiveness plan won't effect me too much since the majorty of my loans were private loans, I still support the plan since it will still help millions of college graduates & The U.S. economy as a whole.
I paid for college by joining the military. I have no student loan debt. But I want America to be a better place and that means people shouldn't have to either choose to go without higher education due to cost or drown in debt. So this is easy. We should forgive all student loan debt, make public colleges tuition free going forward and we won't have to face the problem again. Just do it.
@@justr6982 for sure. Also, not everyone wants to serve in the military and they shouldn't have to. I can understand people being uncomfortable with the overall mission of the DOD, people not liking how there military usually is utilized regardless of its stated mission, people not wanting to deal with the hardships of military service or frankly just having other plans in life. I'm glad I served and I have no regrets. But that really isn't important to this discussion. People should be able to get a higher education regardless of their family's wealth and regardless of what major they pick. And they shouldn't have to go broke in order to do so.
Why does it seem like Biden WANTS to lose?? Student loans are HUGE for us millenials and also gen z. If he doesn't address this, it will have seriously negative impacts on his reelection.
Does Biden fight for anything? I voted for him but it seems like he’s too tired to stand up for anything with conviction. What is the message of the Biden administration? Suck it up, buttercup.
No way I'm voting for him again. Student loan debt is a single issue vote for me at this point, he got one already, if he wants another he's gotta do better than this
@@bretthake7713 I will never understand single-issue voters. The world is far more complex than just one problem. My position on voting is harm reduction. If Biden was better than his opponent on even just one thing, I would vote for him. Considering he's better on many fronts, I find that vote to be quite easy.
I graduated from a "good" college, got a job and have been on repayment plans for my 4yr degree for almost ten years now. My balance is 180% of what I borrowed. The whole system is a scam.
I've got no student debt, and have no problem with cancellation, but would be happy for my kids if they just reset all interest rates on student loans at 0%. That way you could put a dent in the principal with each payment.
@@claytonstrickland8336 yes! Even if they set it to 1% or something, I would be happy with $0 of "forgiveness" if they would cap the interest at something reasonable
@@claytonstrickland8336 If they would do that, I would be willing to start paying my loans back again. Or even let me write them off on a chapter 11 bankruptcy. I don't get out free like a chapter 7, but I wouldn't be screwed for the rest of my life. It's crazy that getting a degree actually made my life worse 🤣😭
He never wanted to broadly cancel debt. He was happy to trade that power away in a debt ceiling deal. Now he gets to turn payments back on while saying his hands are tied. YOU TIED THEM JOE
@KathrynElizabeth-kx9dothe truth hurts, the Dems bargained away the power to extend the freeze. Stop acting like Joe is a victim here, it was a political calculation he made and it was a bad one.
Besides, people still paying student debt already paid the interest of the debt 3 times over So in essence, they paid their debt 3 times over, and need to be reimbursed
Contrary to popular belief, President Biden never reneged on cancelling Student debt, though, he attempted to and Republicans have frustrated his efforts every step of the way.
But under his watch they will start back up after years of them being off. People won’t care about who stymied him they will just see that they will have to start paying them again when he is in charge, and seeking reelection.
@@kateflowers5719people who don’t care about the republican agenda will probably be too lazy to vote. Just inbred leftists who want internet clout instead of doing something productive
@@kateflowers5719 I partly blame Democrat messaging. Democrats need to show the public just how much Republicans want to prevent their lives from improving. Show the nation how the Republican politicians vote against the interest of the public. You see those CSPAN screenshots of Congress with the yay/nay votes and its very apparent which side is better on issues. Democrats should be spreading that around.
Biden never had any intention of relieving student debt because he is ideologically apposed to it. He chose to address the problem with a method HE KNEW the republicans would be able to successfully counter because in the end, he agrees with them on this policy.
What aggravates me is how boomers will say that we millennials are irresponsible because we don’t pay our debts BUT they don’t realize that most of us were pushed into college by “guidance” counselors who told us that if we were not college educated our lives would amount to nothing. Couple this with the fact that financial management is not a part of the US high school agenda and this situation is exactly what you end up with. I for one had no idea what I was signing when my mom and dad told me I had to pen my name to those FAFSA forms
Why do we need to go into debt to get a college education to begin with? No one is addressing the cost of higher education and how the government is doing nothing for their people in this regard.
I was really lucky. I graduated in 2014 with 5k in debt (I got two scholarships and in-state was decently cheap) so I don’t have student loans. Even though I already paid of my “tiny” student loan debt, I’m not against cancelling altogether for the millions who haven’t. Hell, student loan debt should have never been a thing in the first place.
@@justr6982 Oh for sure. It just keeps getting worse. Most of my friends who graduated with me had an average of 30k in student loan debt. I can’t even imagine how much the average is now. :/
1 element to The U.S. student loan crisis almost no 1 talks about is college students that don't work while they attend college. When I was attending Texas Christian University, I worked at a bar in the kitchen every Friday, Saturday, most Sundays, & maybe 1 Thursday a month. I also didn't live on the campus, so I had to drive home everyday to change to go to work, & still have to find time to study, write research papers, & work on projects on weekends. However, I also once read a study when I was in college that stated roughly 34% of all full-time students either don't work at all or do unpaid internships during their 4 years in college. So, unless they come from an already wealthy family or have a well-paying job lined up after they graduate, most graduates have no money saved up to pay off their student loans once the 3-12 month grace period (depending on your state) ends. So, if The U.S. federal government forgave even just some of the loan debt college students acquire after they graduate, this would lift the burden off of them as well help them contribute more to The U.S. economy since once they find gainful employment they have 1 less debt to pay off every month.
Has Biden gotten an abortion bill introduced into congress? Has Biden forced the rail workers union to taking a bad deal? You can vote for down ticket democrats, but Biden and Harris are as trashy as Trump.
I agree. Biden doesn't have to be a perfectly honest, good-faith politician. He just has to be better than any republican. And he is, by leagues, better. So please, nobody should feel the need to vote third party. We need dems in power
@@Hawkwood96some people need that holier-than-thou high that comes from voting as a signal of virtue, rather than voting in a pragmatic way that improves material conditions.
Just as a reminder, because it wasn't mentioned, that even though your credit score is not being hit, for non-payment, the interest will continue to accrue.
Unpopular opinion, but instead of paying off individual students' loans - education should be a public service. The kind that provides good, stable jobs to educators, and not just overpaid administrators. We need the same system as Finland. It's an investment in a country's engineers, nurses, teachers, these are vocations we actually need. Tuition should be regulated. A system in which university charge dozens of thousands of dollars per year, university executives get insanely rich, then the federal government pays for it all - that's a 'nope' IMHO. I think governments should have the responsibility to manage stuff that can't be done in a for-profit manner, like healthcare, policing and higher education too.
I don't understand why Biden, insteading for calling for loan forgiveness(though I'm for that as well), why not just call for the interest on all loans to be put at zero. That way he could blunt the arguments of those saying those with loans are looking for a free ride while also letting people actually pay back their loans.
Bad advise to not pay and go to default. Use the income based repayment plan or SAVE or at least pay something. The interest rates have doubled and the longer you drag the payments out, the much longer it will take to pay thanks to compound inyerest.
I've been on payment plans for ten years, the amount I owe has gone up over 80%. For every $10k I borrowed I now currently owe $18k. The system is working as it was designed and intended. There is no way out
@@bretthake7713 That's why student loan debt should be abolished. You're not paying it for a good cause, it's a system, like you said, designed to have you continuing to pay until the day you die. It's essentially the IRS.
@@merriemelodiesfan7425 yeah my highest interest rate is 10.5%, my lowest is 4.5%. And these are Federal not private, meaning this was the "better" and "more affordable" option lmao. Not to mention I had almost 2/3s of my tuition paid by scholarships. The whole thing is fucked
“Just pay something” is a huge ask for people who are already counting their pennies. It’s easy to say “just pay $50 a month” when that $50 might be the difference between eating and starving.
@@tylerd.5694 Nope Im in default. The only thing they can do is screw you out of S.S. benefits. my credit score is almost 700 and I did not get a tax penalty
95% of all Student Loans are owned by the DOE. The Loans can simply by written off the Ledger and all the Principal, Fees, Interest and Penalties that Navient and SoFi are collecting will go back into the Economy, it is a No Brainer Win Win. There is no such thing as a National Debt in a Sovereign Currency Government especially one with an attendant $25 Trillion Economy.
He's gotta go but no one serious will challenge him. I really like what his administration has done, but he doesn't know what he is doing now when it counts and he is going to LOSE to Trump next year. We cannot have that. Get rid of Joe now ffs democrats.
Im all for helping students, but this seems like a shortsighted solution. Whats to stop colleges \ unis from raising prices? Set up a not for profit colleges \ unis with the most popular courses... and expand. Create a competitive market where other learning institutions will have no option but to lower their prices. Give students cheaper options rather than paying loans that will only increase.
Just withold FAFSA until student tuition costs meets an acceptable level And also forgive the loans because the American people need it and that money is being piased into the wind with the Military Industrial Complex anyway
Wah baby Why do I have to pay my debts? Can't wait for total control. Where no one is held accountable and everything is provided for us. Freaking losses and deadbeats
He reneged on promise I used 2 justify voting 4him (when Bernie was out). His pen could change my entire life ruined by predation of a naive 18yo. I need cosigner jst 2rent apt.😩
Um, I'm usually all for strikes, but y'all need to do your homework before you tell people to do something that will fuck them royally. My income went up drastically during the pandemic, and increase of over $15,000 a year. My monthly IDR payments on my student loans were $80 a month. Now with the new calculations my monthly payments are only $53 a month despite making more. Furthermore, I am a government employee that applied for PSLF and I am now at 118 of 120 qualifying payments for foregiveness. I'm $106 away from freedom. I'd be stupid not to pay it. My student loan balance has been sitting firmly at $34,000 for the last decade. A lot people that though their monthly payments were going to be big are finding out that under the new SAVE program their monthly payments are extrememly managable.
Sorry folks, you signed the MSP, took out the money, and went to college. If you were smart enough to go to college, you're smart enough to understand how interest works.
Perfect example of don't vote blue no matter who. I'm sorry, I voted for Obama, Clinton, and Biden with a bad taste in my mouth. I'm done. I'm voting for Dr. West.
@@kyle1235 I don't it's my fault they didn't bother giving us someone worth voting for rather than trying to scare us into voting against someone else. It's a sick game the democrats play and I'm not letting that tactic work on me. Hopefully others realize that too.
@@dannythegamer7530 Odd I would think a fascist would scare you enough to ensuring taking all means you have at your disposal to prevent him being elected. A vote for Cornel West = a vote for Trump, sorry if that is uncomfortable for you.
@@kyle1235 as opposed to the slow burn brand of fascism that Biden offers. What happens if (a big if) Biden wins and continues to do nothing to stop the fascism that is here and now? It's inevitable that a Republican will win again, sooner or later and these corporate Democrats will do nothing to stop it. So no. I'm not going to hold my nose and vote for trash anymore. Sorry if that's uncomfortable for you.
People being expected to pay back money they borrowed, wow what has the world come to? What’s next, expecting people to work for a living and not get everything handed to them for free?
Your timing is very strange. We need a budget and to head off a government shut down before anybody can act on your demands. Peculiar that you are asking for that now.
We don’t want to pay for education. I am sorry. People go into extreme debt only to get out and be UNDEREMPLOYED, because there aren’t jobs. I was a victim of the 2008 crash that happened the year I was graduating college. My job depended on the economy. No one even knew this kind of thing could happen.. well… I mean, if they did, no one told the vulnerable students that were wasting their time and money on a bad degree. Why, you may say.. well, because college is not about futures. It’s about making money. That’s why so many people are victims of things like trump university and other scam institutions. It’s why universities have degrees for things that are risky job markets and they don’t tell the students what the reality will be on the other side of that degree.
Oh no, you have to pay back money you borrowed? You did sign on the line right? It would be really sad if my money went to pay for someone else's college.😂😂😂😂😂😂
Lol. Kid think for a single second and you’ll immediately realize the loans should be erased. lol. There is not one single bad thing about it. Lol. Stop listening to con artists who need to keep you stupid. Lol.
This situation is absolutely solvable. Take just one year’s increase in the Department of Defense budget (BTW is automatic without debate or even requested by the DOD) and the Federal government could fund public education from K-16, whether it’s a Vocational School, a Technical Degree, or Pre-Medical School. Boom, Done.
I mean stuff like this is funny to me. Dont like Papa Joe dont vote for him. This is the reason the left lost against cheeto the first time. Too many bitter Bernie supporters that wouldn't vote for Hillary. I can't imagine trying to justify that in 2024 if Cheeto is elected again because a leftist was pouting. 😂
Hilary wasn't owed anyone's vote. When you vote in an election, you're supposed to be voting FOR someone you agree with and not AGAINST someone you don't.
(0:18) It's currently the 23rd of September when I'm watching this, so tik-tok tik-tok.⏰️ (2:27) "The Biden better have our money tool", what against you have.🤣
I always find it hilarious & rich whenever politicians in the House & Senate claim working-class people are "lazy" because they need help paying off their student loans, especially when you remember that many of the members of Congress are already millionaires that don't even work over half of the year.
AND had their PPP loans forgiven
It's how the Trump MAGA base thinks. Most of them have a High School Diploma or dropped out. Never set foot in any community college or university.
They believe all the lies that people with college degrees are entitled millionaires, but the GOP politicians and their Wealthy Donors are the hardworking Blue Collar people.
They don't realize that our schoolteachers, healthcare workers, mental health counselors, and emergency personnel are deep in student loan debt and barely scraping by.
Most of those sh-ts never worked a day in their lives.
Not to mention their subsidized health care
People who argue that we shouldn't forgive current college graduates student loan debt since it would be unfair for previous college graduates that have already paid off their student loan debt is like arguing that we shouldn't find a cure for diseases that people face today because people in the past already died from them. Also, how can a nation that spends close to a trillion dollars on it's military & defense budget every single year be against spending a fraction of that amount to forgive federal student loans just once?
This all day long.
Because they don’t want us to know that this is what the government could be doing for people. Then we might ask why college isn’t just paid for in the first place.
I'm actually against it because bad consumer decisions should be borne by the consumer. Many of the people struggling to pay off their student loans should have taken a different route in life and gone to a tech school or some apprenticeship program. The big lie is telling everyone they should go to college. While the opportunity should be there, reality should also be a factor. We should invest in education earlier and spend a bit more time teaching fiscal responsibility throughout k-12. But that's my opinion. If you have a degree, and you're still working at Starbucks; it's your fault you can't pay off that loan.
It's not the borrower's fault they're saddled with debt because of greedy loan sharks. Much like medical debt, student loan debt shouldn't exist. People didn't take these loans out because they were reckless, they took them out because they didn't have a choice. People don't have thousands of dollars out of pocket to pay for College right off the bat.
@@danf1862A bad consumer decision... Your ideal scenario would lead to less competition in fields, even more of a reliance on immigration, and a dumber populace. At least everyone could balance a checkbook although that class would be taught by chatgpt.
I graduated from college 5 years ago, but still owe tens of thousands in studen loan debt, I lost 2 jobs during the Covid19 pandemic (though I'm currently employed), & rent for most places where I live is almost what I pay in student loans a month so I can't afford to move out on my own. I would love to be a more active member of The U.S. economy if I could afford to do so without so much substantial student loan debt since I'm paying the minimum every month to prevent accumulating intrest. Even if I only had 10% of my student loans forgiven, that's still roughly $8,000 I don't have to worry about having to try to pay on time every month anymore. So, while Biden's SAVE student loan forgiveness plan won't effect me too much since the majorty of my loans were private loans, I still support the plan since it will still help millions of college graduates & The U.S. economy as a whole.
I paid for college by joining the military. I have no student loan debt. But I want America to be a better place and that means people shouldn't have to either choose to go without higher education due to cost or drown in debt. So this is easy. We should forgive all student loan debt, make public colleges tuition free going forward and we won't have to face the problem again. Just do it.
o7
I couldn't join because of my health. The idea that i don't deserve the same opportunities as someone who joins the military is ridiculous
@@justr6982 for sure. Also, not everyone wants to serve in the military and they shouldn't have to. I can understand people being uncomfortable with the overall mission of the DOD, people not liking how there military usually is utilized regardless of its stated mission, people not wanting to deal with the hardships of military service or frankly just having other plans in life. I'm glad I served and I have no regrets. But that really isn't important to this discussion. People should be able to get a higher education regardless of their family's wealth and regardless of what major they pick. And they shouldn't have to go broke in order to do so.
Why does it seem like Biden WANTS to lose?? Student loans are HUGE for us millenials and also gen z. If he doesn't address this, it will have seriously negative impacts on his reelection.
Does Biden fight for anything? I voted for him but it seems like he’s too tired to stand up for anything with conviction. What is the message of the Biden administration? Suck it up, buttercup.
No way I'm voting for him again. Student loan debt is a single issue vote for me at this point, he got one already, if he wants another he's gotta do better than this
Right?!?! It would be an easy and HUGE win for him. Someone said that democrats are paid to lose, and I think there might be some truth to that.
@@bretthake7713 I will never understand single-issue voters. The world is far more complex than just one problem. My position on voting is harm reduction. If Biden was better than his opponent on even just one thing, I would vote for him. Considering he's better on many fronts, I find that vote to be quite easy.
I have student loans and I sure as hell don't want to vote for him.
Ultimately, he is the reason why people can't discharge student debt via bankruptcy. Not surprising he tied his own hands for this.
That was one of the reasons I had to Really dig down deep to begrudgingly vote for him .
I graduated from a "good" college, got a job and have been on repayment plans for my 4yr degree for almost ten years now.
My balance is 180% of what I borrowed.
The whole system is a scam.
That is obscene.
That is exactly why I voluntarily defaulted on my loans. I'll never pay another dime forgiven or not
I've got no student debt, and have no problem with cancellation, but would be happy for my kids if they just reset all interest rates on student loans at 0%. That way you could put a dent in the principal with each payment.
@@claytonstrickland8336 yes! Even if they set it to 1% or something, I would be happy with $0 of "forgiveness" if they would cap the interest at something reasonable
@@claytonstrickland8336 If they would do that, I would be willing to start paying my loans back again. Or even let me write them off on a chapter 11 bankruptcy. I don't get out free like a chapter 7, but I wouldn't be screwed for the rest of my life. It's crazy that getting a degree actually made my life worse 🤣😭
I’m genuinely so fucked if this happens I’m already swimming in debt and stagflation is destroying me over the years.
Same 😢
Same . My biggest hope at this point is for an apocalypse to happen 🤷🏼
Wages might be stagnanted, but most of the increase in prices aren't inflation, just greedy price gouging.
He never wanted to broadly cancel debt. He was happy to trade that power away in a debt ceiling deal. Now he gets to turn payments back on while saying his hands are tied. YOU TIED THEM JOE
Bullshyt. :)
@KathrynElizabeth-kx9dothe truth hurts, the Dems bargained away the power to extend the freeze.
Stop acting like Joe is a victim here, it was a political calculation he made and it was a bad one.
Besides, people still paying student debt already paid the interest of the debt 3 times over
So in essence, they paid their debt 3 times over, and need to be reimbursed
This. I paid 40k in loans and my principal has only reduced 15k
@wplants9793 wow! Some people only paid their interest, which was more than the principal
@@wplants9793 makes no sense unless you signed for an interest of 50%
@@wplants9793that’s what happens when you do minimum payments.
Contrary to popular belief, President Biden never reneged on cancelling Student debt, though, he attempted to and Republicans have frustrated his efforts every step of the way.
But under his watch they will start back up after years of them being off. People won’t care about who stymied him they will just see that they will have to start paying them again when he is in charge, and seeking reelection.
Biden is the reason we can't discharge student loans in bankruptcy in the first place, LMAO
@@kateflowers5719people who don’t care about the republican agenda will probably be too lazy to vote. Just inbred leftists who want internet clout instead of doing something productive
@@kateflowers5719 I partly blame Democrat messaging. Democrats need to show the public just how much Republicans want to prevent their lives from improving. Show the nation how the Republican politicians vote against the interest of the public. You see those CSPAN screenshots of Congress with the yay/nay votes and its very apparent which side is better on issues. Democrats should be spreading that around.
Biden never had any intention of relieving student debt because he is ideologically apposed to it. He chose to address the problem with a method HE KNEW the republicans would be able to successfully counter because in the end, he agrees with them on this policy.
What aggravates me is how boomers will say that we millennials are irresponsible because we don’t pay our debts BUT they don’t realize that most of us were pushed into college by “guidance” counselors who told us that if we were not college educated our lives would amount to nothing. Couple this with the fact that financial management is not a part of the US high school agenda and this situation is exactly what you end up with. I for one had no idea what I was signing when my mom and dad told me I had to pen my name to those FAFSA forms
Why do we need to go into debt to get a college education to begin with? No one is addressing the cost of higher education and how the government is doing nothing for their people in this regard.
I was really lucky. I graduated in 2014 with 5k in debt (I got two scholarships and in-state was decently cheap) so I don’t have student loans. Even though I already paid of my “tiny” student loan debt, I’m not against cancelling altogether for the millions who haven’t. Hell, student loan debt should have never been a thing in the first place.
Tuition really skyrocketed after 2014 too
@@justr6982 Oh for sure. It just keeps getting worse. Most of my friends who graduated with me had an average of 30k in student loan debt. I can’t even imagine how much the average is now. :/
If I chose to go to school and ended up with $100k in debt, I would never expect anyone else to pay for it. Just saying,
1 element to The U.S. student loan crisis almost no 1 talks about is college students that don't work while they attend college. When I was attending Texas Christian University, I worked at a bar in the kitchen every Friday, Saturday, most Sundays, & maybe 1 Thursday a month. I also didn't live on the campus, so I had to drive home everyday to change to go to work, & still have to find time to study, write research papers, & work on projects on weekends. However, I also once read a study when I was in college that stated roughly 34% of all full-time students either don't work at all or do unpaid internships during their 4 years in college. So, unless they come from an already wealthy family or have a well-paying job lined up after they graduate, most graduates have no money saved up to pay off their student loans once the 3-12 month grace period (depending on your state) ends. So, if The U.S. federal government forgave even just some of the loan debt college students acquire after they graduate, this would lift the burden off of them as well help them contribute more to The U.S. economy since once they find gainful employment they have 1 less debt to pay off every month.
Pro-choice, pro-equality, pro-union, pro-democracy. I'm definitely voteing straight ticket Democrats in 2024. Biden/Harris
Four more years. 💙 ✊🏼 🇺🇸
Has Biden gotten an abortion bill introduced into congress? Has Biden forced the rail workers union to taking a bad deal? You can vote for down ticket democrats, but Biden and Harris are as trashy as Trump.
It was after all unelected GOP officials that put the decision on in the first place. Vote blue no matter who!
I agree. Biden doesn't have to be a perfectly honest, good-faith politician. He just has to be better than any republican. And he is, by leagues, better. So please, nobody should feel the need to vote third party. We need dems in power
@@Hawkwood96some people need that holier-than-thou high that comes from voting as a signal of virtue, rather than voting in a pragmatic way that improves material conditions.
@@Hawkwood96 First of all their dysfunctional GOP doesn't have a leg to stand on. 💙👍🏼🇺🇸
“The Majority Report” = The Minority Opinion
We were due for a wake up call. Next time, build your roof before it rains.
Just as a reminder, because it wasn't mentioned, that even though your credit score is not being hit, for non-payment, the interest will continue to accrue.
Biden Better do something for the people, I'm not voting for any democrat at all .
Unpopular opinion, but instead of paying off individual students' loans - education should be a public service. The kind that provides good, stable jobs to educators, and not just overpaid administrators. We need the same system as Finland. It's an investment in a country's engineers, nurses, teachers, these are vocations we actually need. Tuition should be regulated. A system in which university charge dozens of thousands of dollars per year, university executives get insanely rich, then the federal government pays for it all - that's a 'nope' IMHO. I think governments should have the responsibility to manage stuff that can't be done in a for-profit manner, like healthcare, policing and higher education too.
Yeah I've been preparing to bite the bullet and protest repayments. 🤷🏾♀️
I don't understand why Biden, insteading for calling for loan forgiveness(though I'm for that as well), why not just call for the interest on all loans to be put at zero. That way he could blunt the arguments of those saying those with loans are looking for a free ride while also letting people actually pay back their loans.
They had three years to do that and only about 1% did anything about it.
Or even minimize the interest or cap the interest. There's a lot that can be done.
Because that would mean no one will pay off their debts.
@@eplugplay8409 how if interest is there biggest expense when it comes to paying back college debt?
Bad advise to not pay and go to default. Use the income based repayment plan or SAVE or at least pay something. The interest rates have doubled and the longer you drag the payments out, the much longer it will take to pay thanks to compound inyerest.
I would only pay willingly if the interest rates were low, but they're not.
I've been on payment plans for ten years, the amount I owe has gone up over 80%. For every $10k I borrowed I now currently owe $18k. The system is working as it was designed and intended. There is no way out
@@bretthake7713 That's why student loan debt should be abolished. You're not paying it for a good cause, it's a system, like you said, designed to have you continuing to pay until the day you die. It's essentially the IRS.
@@merriemelodiesfan7425 yeah my highest interest rate is 10.5%, my lowest is 4.5%. And these are Federal not private, meaning this was the "better" and "more affordable" option lmao. Not to mention I had almost 2/3s of my tuition paid by scholarships. The whole thing is fucked
“Just pay something” is a huge ask for people who are already counting their pennies. It’s easy to say “just pay $50 a month” when that $50 might be the difference between eating and starving.
Cancel all debt
I'm under the impression that if I don't pay the loans, they'll just garnish my wages.
Correct, and your tax returns. Also it'll completely tank your credit score.
@@tylerd.5694 Nope Im in default. The only thing they can do is screw you out of S.S. benefits. my credit score is almost 700 and I did not get a tax penalty
yep its like refusing to pay your taxes, you're not gonna get away with anything - you might just get away with it for a while
He needs to pull his finger out and help the people of maui
Dude will throw away the entire country to do one last favor for the banks. Senator from MBNA hasn't changed a bit.
Love the show. Left is best!
Kyle Kulinski has it right when he calls the president "Bare minimum Biden".
I like Barely There Biden
95% of all Student Loans are owned by the DOE. The Loans can simply by written off the Ledger and all the Principal, Fees, Interest and Penalties that Navient and SoFi are collecting will go back into the Economy, it is a No Brainer Win Win. There is no such thing as a National Debt in a Sovereign Currency Government especially one with an attendant $25 Trillion Economy.
THE SAVE PLAN, sign up today!
He's gotta go but no one serious will challenge him. I really like what his administration has done, but he doesn't know what he is doing now when it counts and he is going to LOSE to Trump next year. We cannot have that. Get rid of Joe now ffs democrats.
Why would he?
Im all for helping students, but this seems like a shortsighted solution.
Whats to stop colleges \ unis from raising prices?
Set up a not for profit colleges \ unis with the most popular courses... and expand.
Create a competitive market where other learning institutions will have no option but to lower their prices.
Give students cheaper options rather than paying loans that will only increase.
They will withhold accreditation
Just withold FAFSA until student tuition costs meets an acceptable level
And also forgive the loans because the American people need it and that money is being piased into the wind with the Military Industrial Complex anyway
Wah baby
Why do I have to pay my debts?
Can't wait for total control. Where no one is held accountable and everything is provided for us.
Freaking losses and deadbeats
He reneged on promise I used 2 justify voting 4him (when Bernie was out). His pen could change my entire life ruined by predation of a naive 18yo. I need cosigner jst 2rent apt.😩
The enemy of perfect is good.
Just keep voting Democrat and all your dreams will come true. 😂😂😂😂😂😂
You took out the loan, you pay it back. Simple as that.
Um, I'm usually all for strikes, but y'all need to do your homework before you tell people to do something that will fuck them royally. My income went up drastically during the pandemic, and increase of over $15,000 a year. My monthly IDR payments on my student loans were $80 a month. Now with the new calculations my monthly payments are only $53 a month despite making more. Furthermore, I am a government employee that applied for PSLF and I am now at 118 of 120 qualifying payments for foregiveness. I'm $106 away from freedom. I'd be stupid not to pay it. My student loan balance has been sitting firmly at $34,000 for the last decade. A lot people that though their monthly payments were going to be big are finding out that under the new SAVE program their monthly payments are extrememly managable.
How about all those promises you all fell for over some mean tweets.😂😂😂
I mean, this was to be expected. 🤷♂️
What would Bernie Mack do?
Maybe he's holding off due to inflation?
Oh no. Did he lie? Lolz
Biden lost my vote.
Sorry folks, you signed the MSP, took out the money, and went to college. If you were smart enough to go to college, you're smart enough to understand how interest works.
Lol. Kid think for a single second and you’ll immediately realize the loans should be erased. Lol. Think for yourself kid. Lol.
Perfect example of don't vote blue no matter who. I'm sorry, I voted for Obama, Clinton, and Biden with a bad taste in my mouth. I'm done. I'm voting for Dr. West.
Trump thanks you
@@kyle1235 I don't it's my fault they didn't bother giving us someone worth voting for rather than trying to scare us into voting against someone else. It's a sick game the democrats play and I'm not letting that tactic work on me. Hopefully others realize that too.
@@dannythegamer7530 Odd I would think a fascist would scare you enough to ensuring taking all means you have at your disposal to prevent him being elected. A vote for Cornel West = a vote for Trump, sorry if that is uncomfortable for you.
@@kyle1235 as opposed to the slow burn brand of fascism that Biden offers. What happens if (a big if) Biden wins and continues to do nothing to stop the fascism that is here and now? It's inevitable that a Republican will win again, sooner or later and these corporate Democrats will do nothing to stop it. So no. I'm not going to hold my nose and vote for trash anymore.
Sorry if that's uncomfortable for you.
People being expected to pay back money they borrowed, wow what has the world come to? What’s next, expecting people to work for a living and not get everything handed to them for free?
I mean… are you just trying to lose?
Your timing is very strange. We need a budget and to head off a government shut down before anybody can act on your demands. Peculiar that you are asking for that now.
Let’s take out loans and not pay them back I need to start looking for a house and new car
lol. Kid think for yourself and you’ll immediately realize the loans should be gone. lol.
More aid to Ukraine than Americans citizens yo joe look out The window!
i love how everyone is not worried about future borrowers as long as they get their debt relief now
🎉😂 our Modern FDR coming on by to bust up some students for financing their learnin.
Lol pay up! Shouldn't have gotten those useless degrees! Time to start flipping my patties! AHAHAHAH
Enjoy you 18 dollar fast food burger. But the funny part is a wage slave salary would bring their payments down to zero.
cool man. another protest. way to get your life in order. lol
We don’t want to pay for education. I am sorry. People go into extreme debt only to get out and be UNDEREMPLOYED, because there aren’t jobs. I was a victim of the 2008 crash that happened the year I was graduating college. My job depended on the economy. No one even knew this kind of thing could happen.. well… I mean, if they did, no one told the vulnerable students that were wasting their time and money on a bad degree. Why, you may say.. well, because college is not about futures. It’s about making money. That’s why so many people are victims of things like trump university and other scam institutions. It’s why universities have degrees for things that are risky job markets and they don’t tell the students what the reality will be on the other side of that degree.
Tax the corporations and the wealthy and you will pay for college, infrastructure, healthcare, child care… and so much more.
Oh no, you have to pay back money you borrowed? You did sign on the line right? It would be really sad if my money went to pay for someone else's college.😂😂😂😂😂😂
Lol. Kid think for a single second and you’ll immediately realize the loans should be erased. lol. There is not one single bad thing about it. Lol. Stop listening to con artists who need to keep you stupid. Lol.
This situation is absolutely solvable. Take just one year’s increase in the Department of Defense budget (BTW is automatic without debate or even requested by the DOD) and the Federal government could fund public education from K-16, whether it’s a Vocational School, a Technical Degree, or Pre-Medical School. Boom, Done.
We can’t do that, did you forget it’s our responsibility as Americans to bankroll the war in Ukraine?
Last night saw my loan had interest again and nearly vomited
Oh so you didn’t pay for three years.
yeah. Interest is a thing that happens when you borrow money. Why the shock?
Good points. I’m voting for Trump because he will pause student loan payments again.
@KathrynElizabeth-kx9do you don’t understand sarcasm or typing. Are you on the spectrum?
@KathrynElizabeth-kx9do I read some of your other comments and we are on the same page. Thanks for your engagement.
I mean stuff like this is funny to me. Dont like Papa Joe dont vote for him. This is the reason the left lost against cheeto the first time. Too many bitter Bernie supporters that wouldn't vote for Hillary. I can't imagine trying to justify that in 2024 if Cheeto is elected again because a leftist was pouting. 😂
Hilary wasn't owed anyone's vote. When you vote in an election, you're supposed to be voting FOR someone you agree with and not AGAINST someone you don't.
Leftists like smelling their own farts more than making a change
Gooood point ...1000% Trump vote.
Lol I'm glad i earned a scholarship from hard work and got a grant for being poor
Congrats. No one cares.
Good, pay back the loans you agreed to like everybody else; major props to Biden for this- Biden 2024! 🇺🇸
👏 go👏 to 👏 hell 👏
Deadbeats
He better not budge I just payed mine off
Pay up Dead beats
massive defaults baby!!
(0:18) It's currently the 23rd of September when I'm watching this, so tik-tok tik-tok.⏰️
(2:27) "The Biden better have our money tool", what against you have.🤣