Biden SIDESTEPS Supreme Court ruling to provide student loan forgiveness
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- Опубліковано 27 лип 2024
- After the ultra-conservative Supreme Court struck down Biden's first student loan forgiveness plan, the President is back with a new plan. While much more modest in size, the $40 billion plus program could deliver thousands of long-term borrowers from crippling college debt.
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Why not use TARP to pay off student debt like the gov't did in 2008's $700 billion dollar buyout of the Banks? I would consider student debt a 'troubled asset.'
I am a republican but vote for Biden due to student debt cancellation.
Thankyou, Harry, for covering and explaining this issue!
He should just add more judges 👨⚖️
A blue wave would take care of all those "major questions". Vote!
I’m voting red
@@BrianBTeman-in2rc How nice for you. Try telling somebody that cares. goodbye
Several “blue waves” have come and gone and did nothing. Madness is adding the same variables and expecting a different result.
That entire manipulation of the student debt regulations is a criminal enterprise of the highest order. Whichever politicians that were paid by lobby industry to enact these laws and sell out generations of our country's students should be investigated and put behind bars. For many years I struggled to make minimal payments and was told every year that I didn't pay enough to wright any of the interest off on my taxes. Then, working nearly double time for more than a year I was finally able to pay the remainder of my student loans off and I was sure that I'd be getting a substantial tax wright off for interest paid that year. Wrong? My tax preparer told me that I had paid too much and was therefore qualified for zero tax relief on the interest paid. WTF!
Also, I like to add that having paid my loans off completely, I have less than zero animosity for anyone who might qualify for a partial or even complete student loan forgiveness. Maybe you could do an investigation of which politicians profited off of this criminal multi-generational rip off.
That is thanks to ronald regan.
And Obama. He's the one who made it so you can't get out of it with bankruptcy.
@@JeanBray-cj3lu Reagan was a puppet and did what he was told.
Under the new IDR program interest doesn't go up ever
Thanx, Harry. Cheers.
Love you Harry ❤
Thank you! Your presentation is 💯🎯
in every video!!!
The problem with the income repayment plan is the amount you pay doesn't even cover the interest and the problem with that is the way they roll the interest into the principal making your loan go up and up and up and never going down. You can never ever pay off these loans. This is why all loans like this need to be forgiven or allow people to file bankruptcy on them
Excellent Commentary Spot TF On...
Its a nice sediment....but it's going to cause tuition to go up ...maybe even double!!!.and children of millionaires shouldn't be included in these loans!!! If people were smart they would go thru a community college!!!
@@catherinewhitman8333 this is not going to cause the cost of education to go up that is misinformation it's not going to happen you know how I know that because they've already been forgiving student loans mine was forgiven years ago the biggest difference isn't making it quicker and easier to get it done. When I get it it took three years you couldn't get a Pell Grant while you're waiting for it to complete and they forgave the entirety of my student loan which was over 36,000. These are federal student loans private student loans because they privatized Sallie Mae don't get forgiven and somebody quite a while ago made it where you can't get a bankruptcy for a student loan.
@ritahodges254 a lot of Republican followers, both the rich and the poor, are victims of the financial institutions in their home equity loan. People borrowed the money against their home equity, and paid the whole loan amount that they had borrowed over the years. They thought they were done with their debt, but the lenders said the payments only account for the interest, not for the principal hahaha. The finance industry in this country loves to put people in all kinds of debts. People love their credit card debt with outrageous interest rates, but hate to pay taxes for their SS benefit when they need it. Technically, for any type of loans, the monthly installment payments must cover fractions of both interest & principal. The truth is that borrowers must pay the constant amounts for each monthly installment payment based on interest rates & loan terms, but those installment payments account for different amounts allocated to the interest and the principal on each payment, because the outstanding balance is reduced after each payment is made until the end of the loan term. The finance industry only uses simple math formulas and evil conservative practices to make money. They are very proud of the way they cheat people out of money, but still blame those victims for their stupidity. What a world of the fascist capitalism! It's scary that those who control the finance industry & the system are right wing white supremacists & fascist billionaires of the Republican party. Luckily, the Biden administration really understands macro problems in this country to enact efficient policies to serve the public interest. Hopefully, the majority of good Democratic politicians will stay behind President Biden to protect the Democracy.
@tradde11 I realized what they meant and just read it the way it was supposed to be. I did not bother commenting on it not everybody gets it right a lot of people use voice to text and don't catch when it messes up I've had that happen many times.
Corporations expect to get bailed out all the time. Education shouldn’t bankrupt you. You shouldn’t be punished for getting advanced degrees people with advanced degrees have a higher level of knowledge. And yet will never make huge salaries they do it for the public good and to make a difference in many cases. Like me. Now I have a mortgage to pay back even though I also paid $30k in cash from my own money. I’ll probably never own a home again because I chose to become more educated and make a difference with a new business that is not scalable.
Harry, can you do a full show of why Biden won’t expand the Supreme Court?
Expanding the Supreme Court starts with Congress, not with the Executive Department.
Dems have to have a governable majority in the House and a filibuster proof majority in the Senate. No use even entertaining the conversation.
@tradde11 you got a personal problem?
If Biden does that, the next Republican president will just double it in size again and make it Republican. It's a totally stupid idea. I cannot believe you even ask this question.
All he needed to do was eliminate the accural of the interest. Why is the government charging interest on these loans in the first place? These same Americans are also paying taxes each and every year, make it make sense! It's equal to payday loans and straight up loan sharking but no one seems to see the similarities.
So true. If they wanted to do a “ happy medium” then just say all payments made will go directly to the principal. Interest rates will be eliminated. No one is saying we don’t want to pay. It’s just tough. These are not auto loans or credit cards. These loans were to help us become better citizens and make something of ourselves but of course getting the carpet pulled. Not having to pay for years due to the pandemic they clearly don’t need the interest. Yet again a slap in the face like yea they need the money back with interest again. Thank you for such a wonderful decision and making 2023 memorable 😮☹️
Thanks Harry, ❤ for the logarithm.
The sale of all Trump properties can go towards forgiveness as well!
Come on, Trump can't even afford a team of lawyers to help him with discovery in the documents case. Give the guy a break.
Once debts are paid on its assets, there’ll be
@@rwo5402 conflating Rudy Colludy with the self-dyed orange incestuous man.
LOL, agreed! 👍👍👍
Lol
Of course he did he's going to do whatever he can to help students. All the far-right want to do is help the rich
.... and themselvs
When Demacrats controlled all 3 branches did they change the tax laws to close loop holes no they made more get you facts straight do your homework
You fool most of the student loan is by doctors n lawyer’s engineers, professional people, are you that clueless?
Rich provide jobs, you probably got a useless degree that didn’t make you a lot of money huh?
@@tmusa2002 there are actual plans to make public college free again. Ronald Reagan is the one that started making people pay for public college. My school I don't know if they started charging again but since Covid they have not charged a penny for registration or four classes the only thing you have to pay for is supplies and books which was always the case. They're also trying to find a way to go after these ridiculous ways private companies are charging for student loans my original loan was for $36,000 I never had the ability to pay it when they finally dropped off my credit rating it was over a $140,000 that is just flat-out ridiculous that in five years it went up that fast. How do they get that to happen is because they compound your interest every year. What happens when they compound your interest the interest gets placed back on to the principal so instead of original $36,000 say your interest is $5,000 for the year, it's probably higher but what that now means is that your principal instead of being $36,000 is now $41,000 if you're on the income-related repayment program you will never ever pay it off. What they're doing for incoming students is after they graduate and have been paying on their loan for 20 years they can apply to have the rest of it forgiven wiped out it's gone because it's ridiculous that it takes some people the rest of their life to pay it off and they end up having money still owed when they die you've got Congress people and senators having people coming to their office talking to them about that or something I mean emails or letters or telephone calls and sometimes these people are 60 or 70 and they still have not paid off their loans and they had been paying on it for more than 30 or 40 years. There is a mother who has been doing fetish pictures with people who have foot fetishes just to help her daughter pay off her student loans because it's so freaking expensive her daughter could not afford to eat. That's completely ridiculous and that's going to keep continuing and getting worse.
Hi Harry!
Thanks Harry! I was somewhat confused over this (and the complaints about it), this makes everything VERY clear ❤❤❤❤☕️☕️☕️☕️☕️☕️☕️☕️☕️☕️☕️☕️☕️☕️
It's about time that someone other than billionaires get some relief.
Wow, the stupidest comment here maybe! The US middle class has the lowest tax rate in the OECD. As do the poor. The only people really paying taxes are the billionaires. Granted they're not paying quite enough, which is why borrowing is $1 trillion/year under Obama and Biden and $2 trillion/year under Trump, but you're certifably insane to think that people besides billionaires get it easy in the US.
Not going to happen 🤣🤣🤣🤣
😀👍💙 🇺🇸 💙 Thanks, President Biden, VP Harris, Biden Admin and all our hardworking democrats!! You care about all Americans!!
Dream on you not getting your student loan paid and you know it
Please, please Republicans keep thinking of him as Sleepy Joe. He outplays you every single time.
LOL, agreed! 💙💙💙
Why if you sighed a loan agreement why should taxpayers have to pay for it . Another step towards socialism.
@@raycity1234 What I'd like to know is why do people like you get so upset about helping regular everyday citizens but so rarely get upset when rich people, on a regular basis, get tax breaks? Do you actually complain in a similar way when things like that occur? An example is the huge tax breaks that Trump gave to rich people during his time in office. I just don't get it... Is it just that you hate the word "socialism" so much that anything like this that you don't deem to be socialism is ok, or is there something else going on for you? I never sense outrage unless a normal, non-rich person is being helped. I'd appreciate it if you'd help me to understand your thinking. Thanks!
We are not going to hear back from Ray city. He’s left the building. I have a problem with multi millionaires paying $700 a year in taxes. Nobody ever gets mad about that except the Democrats. set your priorities.
@tradde11 the complete control of production distribution by a collective but in reality government to all it the redistribution of wealth that has failed when done in it entirety for every country that has or had it.
Thank you, President Biden, for all you are doing for American citizens in need.
I'm a big Joe fan but this is the shi++iest policy by far. In college I told several friends I had no idea how they'd ever pay back their student loans for English and "Women's Studies" degrees and they all told me to mind my own business. I got an employable major and now their debt is being transferred to me and I have to pay it or go to jail. Is that fair? And today's college kids see this and say, oh, why be responsible with a choice of major? Why study something that helps my fellow citizens, that gives a skill they actually benefit from? I'll just study what I dam well please and stick my neighbor with the bill.
not even close to what was promised- thanks though Harry
Somethings to consider: my dentist joined the military *after* dental school, and they repaid her loans.
I worked full time at a private university to get a free graduate degree. While a single mom of 2 teens.
Something else to consider if applicable in your state: In my state of Connecticut, if you delay going to college until age 24, live with a parent, and your parent does not claim you on their taxes, your tuition is covered 100%. My oldest daughter did this. She went to a 4 year state college. I believe it has to be going to college for 4 consecutive years, full time. Also, if your child does not go full time, but on a part time basis, the part time tuition cost is still covered, but only for 4 years. Meaning if it takes longer than 4 years to complete because of going part time, you would be responsible to pay all of the additional cost. Of course, if you can qualify for scholarships and grants, that would be applied toward the cost as well. Perhaps the remaining years going part time could be covered by student loans. This way, the loan debt is greatly reduced.
To find out about this, you would contact the state school to get the specifics.
The only draw back is you delay going to college until age 24. But working and staying at home for 6 years, and saving money toward college may also help to defray the added cost if you only go part time.
Definitely something to look into!!
Don’t forget students VOTE.
I wonder how much cc debt is student debt
What horror would befall us if we got rid of the supreme Court altogether? I mean if it's turned partisan there is no use keeping it around.
It was always partisan. You just never noticed that when it was liberal. The real problem is that every other country on the planet that allows abortion passed a law. ONLY in the US was it left for courts to decide, which is why courts can decide it.
Long life kicked Supreme Court turnover in the butt.
@@sharonreddy5557 Incorrect. RBG should have just retired when a Dem Senate could have rubber-stamped an Obama pick. But no, it was more important for her ego to serve another few years than that the nation keep access to abortion. THAT is why we can't have nice thing: greed among the liberals.
@@lqr824 good thing liberals aren't Nazis like the GOP trumpuppet Troglodytes. We knock the SC down and rebuilt it with fail-safes in place where they can't do all this sh*t and there are limits of term, none of this for life crap. When the Dems had the SC it was what the majority of the people wanted not what the Qanon, the Christian Taliban, Nazis and cult members wanted, it was MAJORITY rule. It isn't the content that bothers you, Roe, etc. it's that we Democrats include everyone, and racists and misogynists ( women hater's) can't stand that. So why don't you come out of the closet you'll be a much happier person, we Democrats include everyone.
@@lqr824 liberal or conservative irrelevant, I'm not talking about age. RBG was not excluded in my statement. It's the same situation it always is. Obama was stalled, but 'Clinton' would win. RBG was 'fine' and needed, but Trump won. She kept him from appointing another, until she died, normal politics. The change is appointing 'relatively young' justices. Relative: percentage of life lived. They're thirty years from considering how they'll be remembered and that fell out of importance with the destruction of the extended family and the concept of legacy.
There's always someone who posts an invitation for an explanation. It's not usually for the poster.
Thanks Harry ❤❤
who ever was ok with the pPP screw you . Just gave me total forgiveness for my 25 year old loan.
So unfortunately it does nothing for the GenZ that we're counting on it.
Hells yeah … scenario with me was one Northwest college in Anaheim promise me a career when finished they were going to help me find a job. I finished they never help me find a job and therefore I owe more than 10,000. I hate you Northwest College in Anaheim.
I have always looked at education as the fertilizer, the government as the farmer and taxes as the crop.
Therefore, education should always be free, government paid, because the government brings in much more taxes when it's citizens are making much more money due to their government paid education.
According to 'The Major Questions" concept, The Major Questions Concept is vacated. Dismissed. It's not a thing. That is, the founders didn't intend for there to be a major questions 'doctrine,' so the SCUTUS is innovating from the bench when fabricating this 'principle' [of a 'major questions' issue].
That's good news.
LET'S GOJOE! WHO LOVES YA BABY? F Q! VOTE BLUE!!!
can he sidestep the abortion ban as well??
America is the Best!
Love my country
Love my President Biden!
Uh, no America is near the bottom in all quality of life metrics compared to even what used to be 'third world' countries.
Same! Vote BLUE! 💙💙💙💙💙💙
@@erickborling1302 have you ever lived in the third world country?
@tradde11oh yeah, it’s just racist when a republican says it right?😂😂
From Domestic policy to foreign policy and everything in between, from ideas to accomplishments, Biden and his administration have been the best I’ve seen. I first voted in 1980.
Come on surly somebody can do SOMETHING. They know people want something done. They act like who gives a dam. They don’t care - they got “everything.” But something missing - compassion, soul, what?
When will that "Supreme" Court decision be applied to the people who should have repaid their PPP loans? When will that money be collected from the thieves, both inside Government and out? If not repaid, that amount of money should be deducted from the funds appropriated to pay Congress!
President Biden you're amazing!
Mtg basically summed up how much he's done and will continue to do. Lol. Leave it to her to make a fool of herself
GOP, you've shown yourselvs as being full of grifters again. I hope people remember at the ballot box.
Amazingly stupid. It's not my job to pay your student debt. I told people their majors wouldn't let them pay back their loans and they told me to mind my own business. Now I have to pay that loan, they don't. Very fair!
@@lqr824 I guess you don't have kids.
@@rwo5402 What are you saying, that if I had kids I'd be irresponsible and teach them to commit fraud by signing contracts they had no intent or ability to honor? But yes, I do have kids. Do you? What are you teaching them about fraud?
Biden's forgiveness plan will be a failure because it's not addressing the root of the problem: astronomically high cost and lack of earning potential. The next students will take out the same loans and the problem will start again.
The collages are guaranteed income because people 'have to go to college' and loans mean the money to do so is effectively infinite. There's no reason not to raise prices. If you want to solve that put the collages on the hook for 30% of the loans. Make them invested in student's graduation.
My brother graduated, but now works at Starbucks. He hated the job he found and couldn't find another one. You don't need a degree to learn how to draw. And there's not gonna be that many jobs for them anyway. If you're gonna go into debt, make sure it's for something with a good ROI.
Thank You Harry 😊
Seriously, student loan borrowers haven't committed fraud like many PPP loans, most are victims of predatory lenders by the government. It's ridiculous how profitable it is. It's a massive poor tax.
I'm a big Joe fan but this is the worst policy by far. In college I told several friends I had no idea how they'd ever pay back their student loans for English and "Women's Studies" degrees and they all told me to mind my own business. I got an employable major and now their debt is being transferred to me and I have to pay it or go to jail. Is that fair? And today's college kids see this and say, oh, why be responsible with a choice of major? Why study something that helps my fellow citizens, that gives a skill they actually benefit from? I'll just study what I dam well please and stick my neighbor with the bill.
It's not a poor tax: it's responsibility to honor your commitments. School loans are a contract. People shouldn't blithely sign contracts they have no intention of honoring. If a loan condition is predatory, don't sign the loan. No-one's forced to get a loan.
@@lqr824It's interesting how your "friends" just happen to be the personification of right-wing talking points.
If Facist Democrats didn't shut down their economies, shut down businesses, enforced facist mandates on people and businesses, then we wouldn't need PPP loans.
@@ToniHinton I went to a state school and a lot of my friends were in the "liberal arts" crowd and mostly in and around the local music scene. My actual department in Engineering was mostly boring or language-barrier and I only got to be friends with a couple people.
I’ve taught at a university for decades, and the jokes I’ve heard about majors (and advanced degrees!!) such as “early childhood education” - undergraduate babysitting - can’t be posted on YT.
Thank you for your work Harry!
Yes
Go President Biden. If we give him another term, add 4 dem Senators & take the House, he will follow through on ALL of his promises. VOTE BLUE-VOTE BIDEN!
Thanks Harry.
🎯
Yeah that’s what dems like. Taking all the control so they can force the policies. Why would a democrat want the people to have a voice.
Great crook Joe what about the 85 billion he left the Taliban in Afghanistan, the war on fossil fuels, causing worldwide inflation Joe Joe he’s our man he can’t screwed up no one can
Thank you, Harry 🇺🇲 🫡💙💪
I love the unmade bunkbed background.
Cutting the salaries from members of Congress and the SCOUS in half with no more pay increases!😅
Strip em down from $100k+ to 50k per year. Welcome to minimum wage 😁✌️
Go Dark Brandon!
yes
Love the “leapt out of the bunkbed” look Mr. Litman. This kind of good news has us all leaping. 🐬
Looks like you’re doing this on vacation! Double thanks to you & your dedication!!
Outstanding!
How much was that bank bailout?
So basically he didn’t forgive student loans but will promote it as if he did
Ah no. Promoted as a reaction to the Court decision and very quickly reinforcing the Prez's desire to put an end to what many would say is a corrupt encumberence sanctioned by a broken pistsecondary education system ...
Can we the people sue the Supreme Court themselves?
My servicer, Sallie Mae and Navient, lied to me for 15 years about being eligible for a repayment plan. I switched servicers and had my plan in effect in about an hour. 20 years of paying, 5 years in a plan and I have to wait until I'm 88 to get forgiveness. I'm on social security, as are 2.5 million others. When the repayment is based on 5% discretionary income there will be 10 million seniors who have no payment but a debt that they won't live long enough to see gone.
That’s the ruling class’s plan
Debtors can not go after anyone on SS/ Disability - speak to a disability lawyer.
That Navient tried to “do it” to me too. But they settled. (A little mean too.) 😊
dark brandon 💯💯💯
Yeah, i’d like to live in a house instead of the “cave” I live in……without building it one wall at a time.
The real question is why it takes 20 years to repay a debt. Obviously the cost is too high if your family is not wealthy
I got out from under my student loans by stating I couldn't pay it back..they took it to mean I was saying I couldn't pay it LUMP SUM so they had me written up to pay monthly installments but I still stated I couldn't pay it back..I applied for disability and it all got written off.
How can anyone be optimistic with petty, whiney posters about Harry’s or the room’s appearance.
I only read comments to rid trolls, including& especially, antisemitic ones
Striking down student debt relief was not a conservative decision. It was a political decision. Which is very hard, if not impossible, with the current Supreme Court to distinguish the difference.
I think the Supreme court has to much power.
It's shocking that anyone is still paying college debt after 20 years! The millionaire House and Senate members whining it's not fair to others rings hollow. Many Republicans and Congresspeople received PPP loans that were forgiven and those loans were incurred in only 2020 and 2021! The college loan money is spent so repayment forgiveness is coming out of no taxpayer's pocket. In fact, such an act would put more money into the economy as the recipients of the forgiveness would have more money to spend on goods and services!
I've been thru income tax withholding for about 10 years with my student loan. Maybe, just maybe for next tax year I'll be vindicated!!!! 😁🤞❗
In the meantime, he cuts SNAP benefits for people who are struggling
Thank god for Biden!!!
Why is this a good policy? In college I told several friends I had no idea how they'd ever pay back their student loans for English and "Women's Studies" degrees and they all told me to mind my own business. I got an employable major and now their debt is being transferred to me and I have to pay it or go to jail. Is that fair? And today's college kids see this and say, oh, why be responsible with a choice of major? Why study something that helps my fellow citizens, that gives a skill they actually benefit from? I'll just study what I dam well please and stick my neighbor with the bill. I'm a big Biden fan in every other area but this.
You don't believe in God if you're thanking a child-friendly devil for burning our laws to get some votes.
Biden’s a sad joke he can not walk up stairs or read off a teleprompter he lies constantly an you think he’s good what the hell are you thinking. He screwed up the Afghan withdraw decimated, fossil fuels, created worldwide inflation. What the hell are you thinking?
Thank god for the Supreme Court
Friend figured out what to do. She’s just a perpetual student, and has earned a bachelors, two masters degrees, a PhD, and several associates degrees. As long as you’re in school, the loans deferred. Pretty smart, really!
Those who can, do; those who can’t, keep going to college. I think that’s dumb. She could have gotten a masters free from an employer and very few people need a PhD. Oh, well. She’ll be paying for it eventually.
The problem is that in reality there is no fee lunch: someone has to actually“repay” the loans. A far better solution would be to make university education paid by the taxpayer.
Hope all those people remember this and the lengths that President Biden is going to get some if not all the student loans paid for. The REPUBLICANS ARE FIGHTING HIM TOOTH AND NAIL, But he sure is trying. 👌👍👍You Go President Biden Good Work. You have my Vote 🗳
My vote!
There is no reason why the poor and the middle class should pay for your college loan. Get your free meal some other place.
Those businesses didn’t deserve to go out of business because they were forced to shut down.
Biden’s not paying shit we the taxpayers are ,we didn’t borrow the money how hard is that to comprehend
So if I go to a private college for six years and end up $200k+ in debt, then get an income-based payment plan for 20 years, it would be fully forgiven? That vs. a person who goes to community college for free and does state college for two years? 🤔 Also, what about the people who were in dire straights and defaulted? Get ready for that crowd to cause an uproar. There’s no good answer other than to fix it from the ground up and start from scratch. No cash, no college…?
Harry, any comment on the lawsuit filed Friday by the New Civil Liberties Alliance to stop this forgiveness?
What's the racial breakdown? Who's getting the relief?
I love that he continues to do what he can. If we vote in a Blue house and senate, we can fix the rest of it.
And finish off the middle class for good...
Seems like they should go after all these "schools" that charge 20 grand (mostly subsidized by taxpayer money) for career training when the career only pays 12 dollars an hour like my first medical assisting job.
Coldly ambiguous title for clicks though. Tldr; not what you think it is, prob won't help 80-90%
No one ever said buying votes with taxpayer money was easy.
Just pay your bills!
Harry, you gotta make that bed...
He won't be able to do this either.
What part of no, you dont have that authority did joey bribes miss?
A President with a promise and a plan to keep it - Joe Biden - what a guy!
I'm a big Joe fan but this is the shi++iest policy by far. I wish he wouldn't do this. In college I told several friends I had no idea how they'd ever pay back their student loans for English and "Women's Studies" degrees and they all told me to mind my own business. I got an employable major and now their debt is being transferred to me and I have to pay it or go to jail. Is that fair? And today's college kids see this and say, oh, why be responsible with a choice of major? Why study something that helps my fellow citizens, that gives a skill they actually benefit from? I'll just study what I dam well please and stick my neighbor with the bill.
@@lqr824Sour grapes huh? Suck it up.
@lqr824 I had to get a practical degree and study my ass off to graduate somewhat "on time". I watched my friend take up useless degrees, partying, fking around. And now I have to pay off their debts. The people who do things right always get punished by Democrats.
@@bikboto-zx6my Generally speaking agree - those who break the rules wreck it for everyone else in every quarter.
@@bikboto-zx6my I think you're wrong about the problems being "Democrats." Most Dem policies are quite good. This is one of the few that's awful.
Mr Littman what happened to Israel's antiquities that Trump stole.
Well this doesn't help millennials because they don't reach that 20 year mark. All they have to do is abolish the interest. Make people pay it back but stop the interest. Even republicans can get behind that.
Thank you! This is so true what is so hard about forgiving the interest. If they want to come to a middle ground then let it be principal payments only.
@@philippemeade3724 I'm definitely not a democrat. I don't support student loan forgiveness or free college. But I also don't support the predatory student loan system with these outrageous interests. People should be able to have a normal low interest rate. I went to school for $18,000 and now I owe about $40,000 in student debt. I'm not asking for anyone to pay my debt I know that I need to pay it like a responsible adult. But when my debt has doubled just on interest I don't think that is fair or ethical. Especially because we are a generation that was basically forced to go and take out loans for college or tech schools. Parents and teachers sold us on this idea that in order to be successful we had to do this and no one took the time to explain compound interest. In fact my high-school teacher made us fill out the FAFSA in class and even made it a point that it had to be graded. This is absolutely nothing less than predatory lending practices. I didn't go to school for a garbage liberal arts degree or some woke bullshit. I went to school to become a mechanic and I never made enough money to make a difference. I'm a truck driver now and I make more money then I ever did as a mechanic and I didn't have to spend any money in school. I don't need student loan forgiveness I need a fair and ethical interest rate to be able to properly pay what I took out not double.
04:25 I really wonder if that money is taken away from the coffers of state. Of these payments, how much does actually flow to the state? because if you are on such a payment plan and have been for 20 years then you are usually just paying for the interest trap, and that money goes to the institutions providing the actual loans... is that the state? Or a private monetary institution?
It was done on the wrong day of the week?
13 federal districts but 9 judges.. Biden knows how to fix it with a pen
Harry hasn't made his bed, lol :)
May I please tell you how hard it is for me to hear your videos? Your voice trails off so quietly, that I cannot hear the ends of your sentences. I can turn up the volume, but then when you first start speaking your are at a good volume. Perhaps listen to yourself after being recorded to see if you can increase your volume so that the ends of your sentences can be understood. I guess I could turn on the captions, but you are the one commentator from which I enjoy learning that bothers me sometimes when I have to go back a bit, turn up the volume and replay to see if I can understand the last words you speak so quietly.
Yes this is a debt releif even conservatives can back, min. payments for 20+ years makes sense to forgive.
Nancy pelosi told him he didn’t have the power
hello internet using people
❤️ Good job Biden
Harry, it looks like you just rolled out of bed.😅
SCOTUS is a Christian throne of iniquity. Psalms 94:20. Thanks Lord of Hosts amen 🙏.
Wow, Really?!?
The educational system in this country has been degraded over the past 30 years to a point where when kids come out of college they don’t know as much as I came out of Junior high school knowing. Maybe it’s about time that we stopped sending our kids to expensive colleges so they can have one big four year party and come out knowing nothing and have them go to state colleges where it’s cheaper or community colleges where it’s cheaper? I’m wondering if the big colleges are losing money because of the lack of affordability to so many people?
This is nonsense.
I went to college starting in my mid-40s and have been surrounded for years by these "kids" you claim are ignorant. Most of my young classmates (there's always a group of party animals at any age) are both smart and hard-working. Unlike far too many of my generation -- I'm on the late Boomer/Gen X cusp -- these young people are idealistic but also practical, so I am hopeful they won't follow the path that Boomers did from fighting the Establishment to "greed is good."
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You sleep in a bunk bed?
Harry dear, the unmade bunk bed is a distraction. Turn your computer please? Silly little detail that drives me mad. Thanks.