Student loan forgiveness deadlines: What to know

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  • Опубліковано 5 жов 2024
  • Americans seeking federal student loan forgiveness benefits must consolidate their loans before the midnight Tuesday deadline. Medora Lee, a USA Today money and personal finance reporter, joins CBS News with more.
    #news #students #loans
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КОМЕНТАРІ • 114

  • @ReyesEmpire
    @ReyesEmpire 5 місяців тому +21

    I paid off my loans years ago, but I think it's dumb that we can give billions of dollars for WARS, but not to teach are kids in college. With the cash we've sent THIS YEAR alone....we'd pay ALL Student loans for everyone.

    • @benjaminr8961
      @benjaminr8961 4 місяці тому

      the student loan debt it 1.7 trillion

  • @quartytypo
    @quartytypo 5 місяців тому +5

    I don't have a student loan. but if Biden forgives my car payments, he gets my vote.

  • @avenue8822
    @avenue8822 5 місяців тому +13

    It is NOT student loan forgiveness. It IS Student loan debt transfer to Tax Payers.

    • @momofighter3211
      @momofighter3211 5 місяців тому +2

      Thank god young people are not able to afford things and cant find a job. Everything getting handed over to them for free like Free student loans has consequences.

    • @jazzyj6640
      @jazzyj6640 5 місяців тому +4

      PPP loans were frogiven. 😊

    • @69BTony
      @69BTony 5 місяців тому

      @@jazzyj6640 Save the frogs!

    • @kh87533
      @kh87533 3 місяці тому

      Student loan forgiveness recipients are also tax payers.

    • @avenue8822
      @avenue8822 3 місяці тому

      @@kh87533 So are the people paying their loans.

  • @darlatemple-eg2uh
    @darlatemple-eg2uh 4 місяці тому +2

    I decided not to go to College due to the cost. That was my choice. Why do I have to pay for people who chose to take a loan and go?

  • @CommonSense-hd4rw
    @CommonSense-hd4rw 5 місяців тому +7

    I do not want my tax dollars spent on this.Theft!

    • @OGtruthserum
      @OGtruthserum 5 місяців тому +1

      You do not have common sense.

    • @nonyadamnbusiness9887
      @nonyadamnbusiness9887 5 місяців тому +1

      It's slightly better than spending it on forever wars that are none of our business.

    • @gohan5123
      @gohan5123 5 місяців тому +1

      But u ok spending trillions of dollars in the middle east

  • @jss1990100
    @jss1990100 5 місяців тому +11

    When you see this one hour after the deadline. Thanks Biden!

    • @AzulApe
      @AzulApe 5 місяців тому

      Lmao. This is only for art institutes which knowingly scammed people. Sorry kiddo, you still have to pay.

  • @chobiden7770
    @chobiden7770 5 місяців тому +13

    Why should a factory worker or construction worker pay for the education of a nurse or engineer who make more than they do?

    • @SirLowRoller
      @SirLowRoller 5 місяців тому +5

      What are you blabbering on about?

    • @phillipsandcastle8387
      @phillipsandcastle8387 5 місяців тому

      You need a drink with that straw, man?

    • @chobiden7770
      @chobiden7770 5 місяців тому +5

      @@phillipsandcastle8387 explain how it's a strawman. It's the government using tax money from workers who didn't go to college to pay for the education of those who did go to college and who earn up to $125K, which is more than most factory workers or construction workers earn.

    • @phillipsandcastle8387
      @phillipsandcastle8387 5 місяців тому

      @@chobiden7770 because our tax system isn't a binary switch between student loans and taxes. I'm not taking the responsibility of teaching you why our tax code is simple. Go put that energy towards anger into learning or something 😂

    • @NoalFarstrider
      @NoalFarstrider 5 місяців тому

      ​@phillipsandcastle8387 u r d u m. Pay me to get a social economics degree so I can work at target because no one wants to hire a social economics degree holder and then I'll go back to school take out more debt in student loans get a degree in history, realize there's no money in teaching go back for an engineering degree and then work for a few years messing up building projects because I don't know how to actually be on a job site because I've been overly educated have the president pay off all my debt and I can retire with a massive pension and salary and I never had to pay a penny or pick up a single brick.

  • @alooga555
    @alooga555 5 місяців тому +12

    I want to get a refund because I paid off mine.

    • @Twomoredays
      @Twomoredays 5 місяців тому +3

      Your lack of compassion is really sad.

    • @alooga555
      @alooga555 5 місяців тому

      @@Twomoredays You do know the difference between grants and loans, right?

    • @buddhavaro
      @buddhavaro 5 місяців тому +1

      Boooowhooooo 😢

    • @vietnamemperor123461
      @vietnamemperor123461 5 місяців тому +7

      ​@@TwomoredaysI don't think it's a lack of compassion. It's about being fair. You sure you want to pay for those violent protesters to go to school?

    • @buddhavaro
      @buddhavaro 5 місяців тому +2

      HELL NO

  • @kellyappel3015
    @kellyappel3015 5 місяців тому +2

    I get the frustration from those of us who have paid off our student loans. A lot of this though is due to circumstances out of their control. As of last December, approximately 132 billion has been spent on loan forgiveness. What I find curious is the lack of outrage over the PPP fiasco. That program cost taxpayers $790 billion, yet nobody seems to care about that one bit. The only difference between the two programs (to my understanding) is that students borrowed their money with the intention of repaying their loans, while PPP applicants had no intention whatsoever to pay it back knowing there were no repercussions. The only question left is how many of you are raging about student loan forgiveness who took out a PPP loan and defaulted on it???

    • @mathewrivers8064
      @mathewrivers8064 4 місяці тому

      PPP loans were handed out to small businesses to help stay afloat in the midst of a pandemic, which is vital to the economy in the long-term. With student loan forgiveness, the root cause is not being addressed. Colleges will continue to charge inflated tuition and we’ll end up back to where we were.

  • @ivmet1985
    @ivmet1985 5 місяців тому +3

    I work without degree in the field in which I work. And every year I see more and more requirements for a degree, even for the simplest positions, since the number of university graduates is growing every year and this dictates the emergence of such a requirement. And now I find out that the goverment will pay my competitors for the taxes that I have been paying regularly all these years so that they can take my place? If we're talking about fairness for everyone, I'm entitled to a refund of my taxes.

    • @darlatemple-eg2uh
      @darlatemple-eg2uh 4 місяці тому

      I too chose not to go to college due to the cost I did not want to be burdened with. I find it unfair that my hard earned money is now paying for someone else who also made a choice.

  • @jenningsmills5398
    @jenningsmills5398 4 місяці тому +3

    If I have to pay for youngsters student loans then youngsters should have to pay my medical bills.

    • @masonmainpage4105
      @masonmainpage4105 3 місяці тому

      They do its called social security....another scam

  • @TheEnigmaProductions
    @TheEnigmaProductions 5 місяців тому +5

    I missed the deadline

    • @Czar76
      @Czar76 5 місяців тому +1

      Pay up

  • @JM-bd6ml
    @JM-bd6ml 3 місяці тому +1

    Some Democrats staffer went online bragging his debt was transferred to us, not forgiven, but transferred to you and I. After working 3 jobs, 2 while I was in school, I get to pay off the smuck, Ben Kamens debt. Joe you’re proving why I can’t vote for you.

  • @kh87533
    @kh87533 3 місяці тому

    Student loans recipients are also tax payers. Nothing in life is free. Would you rather they pay the loans or apply for food stamps? Which government assistance should they apply for?

  • @SirLowRoller
    @SirLowRoller 2 місяці тому

    It’s sad and not surprising to see most of the comments in here actually support low income earners keeping their job instead of going to college to benefit themselves their community and the economy as a whole.

  • @innaturovskiy9569
    @innaturovskiy9569 5 місяців тому +3

    What website do we go to??

  • @wintersummer6357
    @wintersummer6357 2 місяці тому

    How do I get a mortgage forgiveness, credit card forgiveness and debt to the casino forgiveness? I think they tricked me and I don’t want to pay!

  • @eellie4856
    @eellie4856 5 місяців тому +1

    Does anyone know will we get back the money they immediately took when our taxes dropped from the student loans ?

    • @elpadre2706
      @elpadre2706 5 місяців тому

      From what I've read, it should be about 2 months after the date of notification of debt forgiveness. I was notified on May 1st. It could be sooner.

    • @eellie4856
      @eellie4856 5 місяців тому

      @@elpadre2706 when my taxes dropped Uncle Sam immediately took the money :/ I’m not sure if we’ll get that money back

  • @aboutwhatever77
    @aboutwhatever77 4 місяці тому

    Unless you went for doc,nurse,building,food related degrees who cares. We don't need anymore art and music grads. I would only pay for the useful degrees.

  • @zanzikar7
    @zanzikar7 4 місяці тому

    Ben Franklin- "When the people find that they can vote themselves money, that will herald the end of the republic."

  • @johnkevin1104
    @johnkevin1104 4 місяці тому

    I did not know about this

  • @tonebalone9203
    @tonebalone9203 5 місяців тому

    The fact that the govt needs to pay off some student debt A. Bidenomics is failing, B. Degrees right now have little return on investment

  • @michaelethangross3395
    @michaelethangross3395 2 місяці тому

    I wouldn't count on any of this. Student loans are forever non dischargeable, death forced, block forced, dig up the grave to see if any valuables buried therein. Even a Ralph's job application asks if you ever defaulted on a student loan. Nice job Ralphs, too bad you can't check credit for a job like that (yet). Although, I could understand the need to find gracious (i.e. no student loan people). After all, student loans will always be there even after 875 quadrillion years after there are nothing but bones left in the coffin. It is a good way to identify the stupid people that took them out. Student loans are all about graciousness, be gracious write a check for your tuition, pay as you go, etc. If you don't have student loans, you can walk the land exhaulted, be paid of in that and everything else, yeah you got it I am a NO LOAN type of person . . .

  • @NoalFarstrider
    @NoalFarstrider 5 місяців тому +1

    This is BS.

  • @gasoven3759
    @gasoven3759 5 місяців тому

    Rewarding people who do not honor their financial commitments by taxing the people who do is just WRONG.
    --- This is vote buying at its worst. ----

  • @jazzyj6640
    @jazzyj6640 5 місяців тому

    PPP vs. predatory student loans 😮

  • @Needglory23
    @Needglory23 5 місяців тому +13

    I DON’T WANT MY TAX DOLLARS GOING TO PAY SOMEONE ELSES STUDENT LOANS!!!!!!

    • @SirLowRoller
      @SirLowRoller 5 місяців тому +5

      Why not? You don’t think educating our country is important? You think it’s okay to be paying on student loans for years just to have a larger balance 20 years later? Sad

    • @Needglory23
      @Needglory23 5 місяців тому +3

      @@SirLowRoller
      I think people who took out student loans and promised to pay them back, should have to pay them back. It’s not for me to pay for someone else’s college tuition, I had to pay for my own….

    • @Twomoredays
      @Twomoredays 5 місяців тому +3

      @@Needglory23your lack of compassion is really disturbing.

    • @buddhavaro
      @buddhavaro 5 місяців тому +1

      Thank you for paying my 53k loan 😂

    • @Needglory23
      @Needglory23 5 місяців тому +2

      @@buddhavaro
      Grifter!!

  • @williammurray1341
    @williammurray1341 5 місяців тому +5

    Learning to pass poor financial decisions onto the actual taxpayers and financial institutions who hold the debt. Gheez, a generation of potential politicians.

  • @LawandOrder-fi5xk
    @LawandOrder-fi5xk 5 місяців тому +4

    Make them pay it all back. Send in the National Guard to deal with the college protesters.

  • @trent5501
    @trent5501 5 місяців тому +7

    Boomers mad in the chat

    • @avenue8822
      @avenue8822 5 місяців тому +6

      SMH....you mean Tax Payers?

    • @NoalFarstrider
      @NoalFarstrider 5 місяців тому +3

      As a young person I dislike this stealing of wealth from the working class to the upper class who will never actually build any infrastructure that is crumbling in this country.

    • @avenue8822
      @avenue8822 5 місяців тому +4

      @@NoalFarstrider Refreshing to hear a younger person say that.

    • @Vanny1980
      @Vanny1980 4 місяці тому

      @@avenue8822everyone over 18 in America is a tax payer. Get a grip man.

    • @aboutwhatever77
      @aboutwhatever77 4 місяці тому +3

      Boomers built this world you spit on.. of course i am sure those video games and mukbangs will keep our water going and roads strong. The car you drive started with so called boomers- You would be living in the woods without the hard work of them...respect

  • @loriparks8657
    @loriparks8657 5 місяців тому +8

    Thank You, President Joe Biden. Family members and friends student loans have already been all totally forgiven. Voting for President Joe Biden 🇺🇲 2024

    • @chobiden7770
      @chobiden7770 5 місяців тому +3

      gibme gibme gibme.

    • @AzulApe
      @AzulApe 5 місяців тому

      Yeah nice forcing people to pay for your choices. Love that crime is up and we are in multiple wars.

    • @Beautifuluproductions
      @Beautifuluproductions 5 місяців тому +1

      Me 2 🎉🎉🎉🎉

    • @AzulApe
      @AzulApe 5 місяців тому +3

      It will be blocked again. So pay what you owe. 🤡

    • @chobiden7770
      @chobiden7770 5 місяців тому +1

      @@Beautifuluproductions voting for handouts? SMH

  • @joshhoward1289
    @joshhoward1289 5 місяців тому

    Don’t punish the schools , just forgive the loans…this makes no sense.

  • @SabeameFantasy
    @SabeameFantasy 5 місяців тому +2

    Just cancel student loan debt!

    • @mathewrivers8064
      @mathewrivers8064 4 місяці тому +1

      Let’s cancel the useless gen ed requirements that colleges make students take. This will take care most of the problem.