Will Biden forgive student loans?

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What makes no sense to me is the government would loan a 17 year old with no work experience money to go to college to get a worthless degree but if that same 17 year old went to a bank to get a house loan he would be laughed at.

brandonmckittrick
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Does race really have to brought up for every singe topic in America?

glockmanc
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Did anyone mentioned that Women hold two-thirds of the student loan debt?

sueyuyu
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Student loans is a great ordeal for me and holding me back from qualifying for a first time home. There are individuals like myself that come from a broken home or first generation college student, and made it to a prestige or private college. Yet, I can’t qualify for a home. I believe in Biden but disagree with him whether it’s public or private college that student loans should be forgiven. I hope the Biden administration recognizes that not all middle class individuals come from same demographics and they pass a bill across the board. I’ll be happy with anything. Fingers crossed. God bless.

kayl
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Good common sense beats a college degree.

jamesklein
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It’s all lip service...nothing is free in America unless you know how to play the sys & until you get caught like some people I’ve known in the past. I’ll believe when I see it...until then student debt will still exist unfortunately.

KOTJ
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Can one of these damn videos talk about what the hell bidens going to do about our debt??

marcuscalderon
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Politics needs a app like block chain to keep law's, definitions, politics actions up to date .

Europeanslave
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Time will tell what the truth will be, and who is truthful to promises.

MoogieOogie
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No it won’t decrease the racial wealth gap .. because if white people are already 555 miles ahead of black people

dawnp.
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NURSES ... If Any group of College grads deserve Loan Forgiveness, I think NURSES HAVE EARNED IT !!!

jaydawg
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I think most people from my generation and forward have gotten better at understanding the value of working while in school and borrowing as least as possible, renting or buying used books whichever is cheaper etc. I just did miss out on learning those lessons until I was in my last year of 5 total. I honestly would've just done 2 with a technical degree and gone back later if anything after actually living in the real world a little. I don't think 2 year degrees or less hurt anyone even with a little debt if you work. But when you go to a university everything goes up.

Lumn
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Even he does it won’t be Sallie Mae and if he does do them, Sallie Mae will not acknowledge it. Since they are allowed to settle their own disputes without third party review, you’ll have to pay them for life

penny
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Why doesn't he approve Bankruptcy if he won't help more??

janetpanks
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During the housing crisis. They talked about principal reductions. The FHA director insisted it would cost ta payers too much money. However, over years the housing market was continuously inflated from the artificial demand created from buyers who never should've been in the market to begin with. They weren't credit-worthy. So the price of housing was so inflated that for years people were over-paying for this essential need. The student loan bubble is very much the same thing. Too many people in college who shouldn't be which is inflating the cost of tuition and related expenses. During the Obama administration, they never followed through with wide-spread principal reductions. So lots of people lost their homes and they had to resell them at rock bottom to investment groups. I paid $158, 900 for my home. After foreclosure, Freddie Mac sold it for $30, 500. I would have been most grateful and would do anything I had to in order to keep the home for $50-60k. But the federal government just won't let honest consumers benefit from the reality that they overpaid, to begin with. The country would be way ahead if they just did the right thing, to begin with. But instead, they punished us. Here we go again. And we still never recovered from the housing crisis.

pixelmartyr
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The rich don't have to pay taxes! Is this fair???

janetpanks
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Most of these degrees are worthless and don't include internship.

janetpanks
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Fact check: This is a regressive subsidy in which the mass of federal taxpayers subsidize the higher education debt accrued by persons who are obtaining undergraduate, graduate, and/or professional degrees, and whose higher lifetime earnings would allow them, even in the absence any student loan bailout, to repay their student loans and enjoy the economic benefits of higher education, such as lower lifetime unemployment rates and higher lifetime wage growth. This bailout is a regressive subsidy that increases wealth and income inequality.

josebocanegra
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forgiving student debt will not help minority communities - Instead spending that much money on student grants would send m any back to college and make the country stronger. Of course you can't spend $ 200, 000 then expect to get a job that will pay that back, unless you are in one of the new tech fields.

artemasward
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Economics degree and I have 83k in debt .. have to pay 709 for 10 years

sharifalexander