Biden administration unveils new plan for student loan forgiveness

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The White House unveiled a new plan Monday to forgive student debt, but the question remains: will it stand up to legal tests from opponents? Thom Jensen reports.

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Sending money to Ukraine or paying off American student debt. Tax payers are hurt either way.

hr
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I remember how the last time he proposed forgiveness for student loans went. It was struck down, and no doubt it will be again

Jing
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Okay well where's my $5, 000 tax credit for not going to school and not accruing a debt

itsalwaysshittyinPittsburgh
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Its political thing to say. If it passes he looks like the savior n if it doesn't he makes others look like the villains

juliomarin
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100k debt per citizen and they want us to pay for these people's education failure. What? This is a taxation without representation.

orangehatmusic
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I don’t want to pay for your indoctrination !

Leonard-hknf
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I'm so sick of this loans forgiveness BS. Stop making taxpayers pay for these people loans!!! These people enrolled for higher education, then pay for the education!! I paid off mine, why am I being forced to pay for these people loans!?!?! >=O

eMDiKhamPha
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Didn’t the Supreme Court say he couldn’t do this once already? Yet he says the other guy is unconstitutional.

Average_CoD_Clips
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It's not forgiving any debt at all lol It's moving debt from people who took a loan and agreed to pay it back and adding it to the country's national debt, which is far far worse. If those people don't want debt and didnt think they could pay it back, maybe they shouldnt have signed on the dotted line.

OldBadGamer
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Your loan, you’re payment. Why should taxpayers pay for it?

gamalielnavarro
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Where's my $15, 000 tax credit for paying my loans and my wife's $150, 000? If you're buying votes you may as well make a futile attempt to buy mine.

Hold the colleges accountable! But you would never do that, you're in their pocket just like everything.

jonnya
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My mortgage identifies as a student loan

TheJeeperbeeper
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It's dangling the carrot, insulting.

toyajackson
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Biden just isn’t going to give up until we’re all okay with paying everyone else’s bills. When it comes to me, that’s never going to happen

denniswilliams
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I think I read if you work in a government job, they’ll forgive your student loans. 😅
I was researching because I have student loans. This affects me. Anyway, how not surprising is that corruption?

rockdisappeared
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Why don't you do senior loan forgiveness on mortgages

EdwardMitchell-lw
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This should be illegal in a voting year

hilo
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I ain't paying for someone's $100k "gender studies" degree...

johndavolta
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That’s the new American way. Break a system so terribly that the only entity that can pay for it, is the federal government.

jackstraw
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"What are your plans for the border?"
"2 scoops of butter peca- I mean debt forgiveness."

mrmag