On Student Loan Forgiveness with Stephen Colbert | Alexandria Ocasio-Cortez
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- Опубліковано 17 жов 2024
- We’re going to cancel student debt! 30 million Americans will be eligible to have all or some their student loans forgiven. This new plan will cancel runaway interest, provide relief for borrowers who have been paying their loans for over 20 years and for 2 million borrowers who already qualify debt forgiveness programs but are not enrolled. It will even cancel debt for borrowers facing financial hardship, and much more. Stay tuned!
Maybe the next step is to make higher education affordable so nobody has to go into debt to make their life possibly better.
Well, not under the Joey administration, and they have already made these promises before, but they were never met. We need a new recession recovery stimulus package. Plus, we're still owed (from 2021?) from this administration $600.00 from the Georgia campaign promise of the release $2,000 stimulus relief check, and we only received $1,400., 🤔
Well, not under the Joey administration, and they have already made these promises before, but they were never met. We need a new recession recovery stimulus package. Plus, we're still owed (from 2021?) from this administration $600.00 from the Georgia campaign promise of the release $2,000 stimulus relief check, and we only received $1,400., 🤔
Well, not under the Joey administration, and they have already made these promises before, but they were never met. We need a new recession recovery stimulus package. Plus, we're still owed (from 2021?) from this administration $600.00 from the Georgia campaign promise of the release $2,000 stimulus relief check, and we only received $1,400., 🤔
Conservative defunding of education is what has made it so expensive, institutions have had to turn to other means of raising funds to operate... raising prices and looking to private partnerships
@@hokuspokusIiIyou mean professor salaries and administrative pay packages don’t have anything to do with it?
These loans are not cancelled, but rather shifted to taxpayers, many of whom never had the opportunity to attend college and certainly never signed an agreement to pay these loans back. And this is so the borrowers can travel in Europe? Surely she’s not serious.
how many canceled buisness get "shifted to taxpayers" - funny how when it comes to helping young people or people in general boomers want to cry "what about me" when its your generation that wrote the laws that lead to this mess. Borrowers arent "traveling to europe" they arent even traveling 30miles because they cant afford shit when promised that college will lead to a better economic opportunities. It has not, for many many student. Maybe for a sec youll think.. hmm theres way to many student loan holders whom are saying what they ordered is NOT what they got. Maybe its not the ones at the table thats the problem but the chef.
@@fixieroyneither should be shifted to tax payers.....but 20 year Olds taking out 100k loans for jobs that aren't there is bs. You know it, I know it and everyone else knows it.
So full of herself. Probably thinks her poop doesn't stink my Grandma would say
She is the reason why people hate democrats
Do you know how dumb some of these are? They voted her in and won't see the obvious.
It is a debt because someone made a decision and agreed to pay it back. The issue is not the debt but the sky-high cost of going to school, which has continued to increase unabated because the government is subsidizing it. Why is this trend continuing without discussion? Back to the debt question. First, the Supreme Court found Biden could not do this, and Polosi stated the President didn't have the authority to forgive student loans back on July 28, 2021! So why is this conversation continuing while the real issue is ignored? This all comes down to personal responsibility. This is not fair to any American, end of the story. This is a slap in the face for those who joined the military and served the country to get a reduced education cost benefit. This benefit has existed since WWII and has been a driving recruitment tool to fill our all-volunteer force. So now what? Why join the military when the government will erase the debit? What about parents who have given up a lot to fund their kid's education using the 529 program today so they can afford to go to school tomorrow. The 529 program requires an after-tax contribution to be used only for educational purposes. This is money taken out of their budget to fund education because it doesn't look like the cost will ever come down. What about those who have paid their loans or did not go to school. This is a selective payoff "Bribe" to pander to voters at the cost of all taxpayers. Those who did not go to school and do not have a degree will have to foot the bill for those who do have a degree. It is not fair or right, but that has not stopped the Biden administration. Could you address the costs and correct the actual issue? Doesn't this story sound similar to the Biden administration stating the border issues are due to issues with the Southern Hemisphere, issues Harris was supposed to be in charge of and report on, but she has done NOTHING.
Exactly, I don’t know how anybody could not see it how you have described.
My loan was forgiven last year, and the college degree is still worthless. 😅
Obviously you don't understand anything about anything.
@@Aashishkebab judging by the pathetic photo neither do you
If the economy is booming why can't college graduates repay their student loans?
what gives you the idea that the economy is booming?
@@samrajamal9290 Because that's what Joey and AOC say almost every.
Its a way of the world.Every prosperous Nation pays for its students education and someday soon without Republican intervention,we will catch up to them.From your comment you show as a Republican who would block any advancement or opportunity only to waste a good mind that would enhance and advance our society.
Because inflation
Because the system is designed to keep them in debt THAT WHY😒
When you dumb down Americans
"One of the penalties for refusing to participate in politics is that you end up being governed by your inferiors"- Plato
The quote...
...is accurate...
@@danielsmithiv1279 funny thing, all those people that were clapping....they will pay for these 30 million children.
It’s not loan forgiveness, it’s theft. The debt should be paid by the banks, the universities and the person taking the loan. Taxpayers should not be accountable for others student debt.
No this is called advancement of our society.Every rich Nation in the world has it for the people.Republicans refuse to raise taxes on the rich to help pay for these programs.
you think Madam Cortex has the brains to think that?
You gonna pay my loans today.
I don't care , my loan was forgiven last year. And I don't vote anymore for anyone, it's all bullshit, and I still got what I wanted.
@groundbeei f174 I agree 💯 with op here but fuckin love this energy bro 😂
Didn’t Nancy Pelosi say that Biden couldn’t do that without the help of Congress?
Boom exactly! This is just a sad attempt of a campaign in its death throws to buy a few votes by offering promises they know can't be kept.
Only Congress can forgive debits
What the hell! So the tax payers who didn't go to college, who are struggling gets to pay off the student loans of those who made the decision to take out the loan and go to college. How insane.
Hope you had this same attitude when the banks and car industry was bailed out. Regular people should also benefit from paying taxes.
@@melodymonteiro Yes I did! And those REGULAR PEOPLE made the decision to take out that loan and go to college. Some people are so disadvantage that they couldn't do that, but this POS government is expecting to put that burden on the backs of the working poor and middle class who are already strapped. This "government" is trying to buy votes. Period!, while allowing 10 to 16 million illegals to flood the country, and while sending at least 116 Billion to Ukraine. I'm not ok with that, and no one should be.
My loan got forgiven last year.
I'm still not voting for anyone, anymore.
Yes because having an educated population benefits everyone not just the students. Additionally lifting people out debt benefits everyone because indebted people are less likely to spend money which dampens economic growth. Finally, u blame them for making the decision to take out loans to go to college but they did that when they were teenagers with the correct understanding that if u want to be important in this society you probably have to go to college
@@cyberneticsiren Your argument doesn't hold water. Many who went to college worked multiple jobs and paid back their loans. Why should they have to do that, and others do not. What about work experience, I've known many people who lost jobs because they didn't have a degree, and the job was given to those that did. Yet, with your logic, we should then turn around and "forgive" their loans. Also, the "forgiveness" is generally passed on to those in the work force. Not fair that a plumber (who did not get a loan or forgiveness of any kind), must then be taxed more to "forgive" someone else's student loan. If "we should lift people out of dept in order to spur the economy" why not forgive mortgage payments, childcare, or forgo taxes on the poor and middle class, so they can spur the economy? You say that they were young and made to feel that it was needed in order to get a good job. I get it. We are lied to about everything. But others who couldn't afford to go to college, didn't and they just powered through. Maybe they didn't fare so well in life either due to their choice. How do we compensate them? In addition, Education often equates to indoctrination. And lastly I stand by the fact that this is just a way to get votes. DC is a swamp and the people there are making millions off insider trading and so much more. This is just a ploy to stay in power.
She said "People getting student loan forgiveness ... it's hope to... travel abroad." Travel abroad? No. That's wrong. Student loan forgiveness should be kept at a minimum to relieve true hardship, not to allow travel abroad. She says things like that to be brash and to get under peoples' skin. She says many things that are financially irresponsible. We have a huge public debt. We cannot pay for current programs with our grandchildren's money.
I paid my student loans off years ago. I assumed that was my obligation when I took on the loans. Can you help me get that money back?
So we have to subsidize people's poor decision in the education they chose to pursue that didn't profit
Thing is a lot are and will continue to profit from their degree vs those who don't have one. But they are UNWILLING to pay back THEIR loans when they can get someone else to take the hit (i.e. taxpayers)
Higher education would be affordable if there was never the creation of government backed student loans. Everyone wanted to go to college just because they could and that’s why so many people dropped out. Of course everyone would apply for a G.E.D. if they get 6 months knocked off their prison time. Giving things for free eventually cost the tax payers a lot.
Don’t be naive, your Ivy League schools charge crazy money, your higher education charge mad money and your community government schools get no money. Government funding is never going to stop the schools people want to get in from charging crazy money
But, the Dems wanted everyone to have a college degree justifying huge amounts of government backed student loans.
What makes these people look ridiculous is the obvious question: What is going to change, as far as student debt, to prevent this from ever happening again?
So she says that forgiving the student debt can free up money and allow them to do things like go back to school? The very vehicle taxpayers bailed you out on? The pure lunacy of politicians is maddening
I'm more concerned about the lunacy of voters who elected this idiot.
To be fair, I am not a fan of tax payers clearing debts. But this will strengthen the US economy in the future as the younger generation will be able to afford housing.
So what's the long term plan for higher education in America? Will students continue to take out loans they can't afford and then continue to receive debt forgiveness 10, 20, 30, 40+ years from now? How will today's current students prevent this outcome of needing debt forgiveness in their futures? First of all, these loans are usurious. That needs to change now to prevent crises later. The loans need to be low interest, simple interest and non-usurious with simple repayment terms in plain English that borrowers can understand. No more chicanery in the student loan industry!
Government sponsored student loans aren't "usurious". How much simpler can it be than, 'if you borrow money you have to pay it back'? As for the interest, it's entirely tax deductible. So, the interest rate is completely irrelevant.
As for "plan" 🤣🤣🤣🤣🤣 The plan is for Biden to con students into voting for him. Biden's loan forgiveness plan is as illegitimate as his presidency. The day after that incontinent buffoon leaves office these suckers will receive their late payment notifications for their 'forgiven' loans.
Community colleges need to start offering bachelors, masters, and doctorate degrees. If the institution is owned by the government, the government can decide how much it costs to keep those facilities running and offer free college. If we keep paying private colleges, they will just keep raising their prices higher and higher for more money. It would also give the government the ability to decide which degrees to offer. The ones that are necessary for a society to operate should be financially prioritized.
The united states definitely does need free college though. Out of all the things this nation spends tax money on, education should be at the top of that list.
Average cost of community college in the US is less than $10K a year. A part time job at 7-11 would more than cover that
Who is going to pay for all of this? Just curious. By the way, why solve the effect of a problem, instead of the cause?
Not repaying your debt is low and dishonorable.
Not if you are an entitled democrat...everyone else is the reason for your failures in life, therefore they should pay off your debts!
The mindset at play here is interesting. In providing the reason to cancel debt, at the 1:14 mark, she literally says with a straight face, so they can "travel abroad". At 1:17, they can even "go back to school". Go back to school? Travel abroad? These are the reasons their loans should get punted to tax-payers? The logic here is staggering.
it's the rambling of an illogical idiot...maddening to those of use who value personal responsibility and integrity before 'traveling abroad', etc.
AOC for President!
Who is footing this bill? I know that there are no such thing as free so who exactly is paying for these people's loans to be relieved
TRUMP 2024!!!!!
So the guy who couldn’t go to college and became a plumber has to pay for your education so you can get a better job and make more money than the plumber. Sounds fair to me.
GET OUT OF CONGRESS
I've been a dem all my life, with this I am done! This is disgusting and a slap in the face. I will never vote for Joe Biden or another Dem again!
Forgive all the student loans! US prints money for Ukraine and Israel. Might as well help Americans and forgive their student loans.
All the smart people know that we would just rather have our taxes decreased than have to pay off everyone else’s debts. This is a truly awful policy…and I am someone who is riddled with student loan debt. Just let us keep the money we earn and stop taxing us into oblivion, and we can pay off our own debt-school loans, home loans, business loans, Ulta credit card…whatever.
Pay your bills.
Are you still complaining about stuff that YOUR policies created waitress??
First Comment!! Go Aoc!!
Every time I listen to AOC and most others in congress, I realize this country is doomed.
The fact that this imbecile was even elected into Congress tells you the sad state of our country's fate.
It's already over if biden wins gonna be like 1929 people falling from the sky I moved to Canada last year so much better up here reminds me of home 20 years ago china can have the us
#MOWTF #MakeOurWorldTrumpFree 🙏🌍🌎🌏🙏
American who workd DOES NOT QUALIFY FOR THIS!!!! WHY
How unfair to those who couldn’t afford to go to University to now have the pay the debt of others!!!
yep!
Ur borrow money, u pay back the money. Why is student loan any different ?
Because all other debt can be relieved in the form of bankruptcy. Whats the point of specifiaclly having this one debt be forever?
Also if this is funded by taxpayers, does that mean that tax will be raised or are they allocating the same amount of tax but just going in different places
🤓: "Why yes babe. How are you?" (Asthma pump)
Marcial is typing: "that's my girl Napoleon."
Go away lady
NEVER reward a Republican with your vote.
Yes, give them to the smart Democrats, like this one. ua-cam.com/video/hVyHdZQPCxU/v-deo.htmlsi=n1kMqFgq6suVPfOH
You're not a critical thinker
Activation
Of
Communism
I want debt forgiveness on my mortgage loan then. It's not my fault the housing market is a mess.
Costs at universities and colleges are not regulated. Tuition at some Ivy League schools has increased ~15-fold over the last 50 years. That is much higher than the rate of inflation. If the federal government helps students more, the schools will likely charge more unless there are tight regulations on the costs.
Nobody is making you go to an Ivy league school
From what I understand, costs for students has risen as a direct result of conservative defunding of education, forcing colleges to raise tuition and seek private donors. 🤷🏻♂️
@@rolling-my-eyes1491 So they shouldn't go to an ivy league school unless they're rich?
MABA. Make Alexandria a Bartender Again.
Unemployment rate is low because everyone is working two jobs.
Exactly!!! Thats how ppl surviving right now
@@marybunner7038 but that's not how unemployment rates work.
@@nemonucliosis thats how democrats rate 😂
Why not put a cap on university personnel salaries when these universities are getting tax dollars? The costs to attend these universities is directly affected by their salaries.
Guess you don't understand what caused college tuitions to accelerate - Dems decided everyone should have a college degree creating mass government-funded college loans.
Correct me if I’m wrong, but this money isn’t “borrowed” in the way that people are believing it to be here, that taxpayers will have to “pay back this debt”.
The money is already spent, it was part of the budget of whatever year the money was paid to the schools by the government, it’s not “borrowed”. There’s no person or entity waiting for this money to come back, the government has technically already paid for this, right?
WHY should anyone pay taxes?????????
One hack talking to another hack…how interesting…..blah,blah,blah.
I'm reading these comments. Perhaps one in twelve people does not think AOC is an absolute moron.
Lies this lady is just pretending to care…
Restore Bankruptcy Rights for Student Loans.
Not a problem. Get the government out of the business of providing college schools, have the students apply for loans from banks like everyone else on the planet who wants to invest, then IF the bank is willing to assume the risk and IF the student gets approved then they can apply for bankruptcy.
@@viper2148 You understand. The government prints checks because the debt cannot be escaped. It is either paid back or the person dies paying off the debt. If they stop making payment and default 10's of thousands of dollars of fines are added to the debt and the government garnishes their wages. If they are old the government garnishes their social security check. What other debt in America is like this? ----> Colleges know that the government will print checks to ANYONE and year after year they increase the tuition, because they know the government is going to pay. ---> Restoring bankruptcy puts too much risk on the government and gets them out of the loan business. Less people attend college because they can't afford it (like you said) and tuition drops as colleges cut all of that excess fat. --> Bankruptcy keeps the government, the colleges, and the private lenders honest.
Why again should everyone else have to payoff a student who chose a poor degree ?
@@jallen1227 "everyone else" who pays off credit card debt when you write it off? Who pays the mortgage when you write it off? The institution that accepted the risk to loan you the money. The only people to blam for accepting the risk are 'everyone else". maybe tell your congressman to get out of the student loan business.
Horrible idea, again that forces us to pay for their loans.. You took the loan out you pay the damn thing off even if it take your whole life. That is the message we need to send out, not the message of everyone else paying for your mistakes..
In my opinion, this is more of a cost problem. Higher education pricing is a free for all and the more money is thrown at higher education, the more schools will hike up the prices. Schools need to quit raising their tuition every five minutes unjustified. As for the loans that were already taken out, you can’t “erase” debts without their being consequences. There is also such a thing as people taking on debt that they shouldn’t take on but they do anyway.
AOC is smoking hot, but this is bad policy and the points she made to support this are just mind boggling
Here's a person that didn't know the 3 branches of government when she took office.
She also said that she couldn't wait to start signing bills into law.
I see a lot of written quotes where AOC sounds dumb…but never video. Meanwhile, ua-cam.com/video/b_8UFNQqk7k/v-deo.htmlsi=OhpOwzINj-twBQv8
Its painful to watch
Marcial has entered the chatroom: (typing)"...Yo AOC...38/M/NYC here....wyd?"
We love you Alexandria. Keep up the good work! 💙
Yes! Continue to drive jobs out of NYC and spend government funds recklessly for all the lazy woketards
One of the penalties for refusing to participate in politics is that you end up being governed by your inferiors.
Good news…!!!
Fake news! Only Congress can forgive debit. This is a blatant LIE to buy votes
Let's do this, AOC.💙🌸🇺🇲
Queen 👸👑
who is going to pay it?????
You know very well that people like you and I will pay for it while we work hard and struggle to pay our own debts.
taxpayers
AOC has 90k subscribers this shows how popular she is
Lol she sucks
This shows that you don't have to be intelligent to be popular.
AOC as a doctor? Right!!!!!! And Biden has a photographic memory!
Naa tax dollars have to help all tax payers not just ones that wasted there money going to college
You're going to pay my loans and there's nothing you can do! Thanks sucka😂 Biden 2028
*their. Sounds like you might need some more education yourself 😂😂
@@worlds_okayest_pilot_421I really hope Grammer Nazis like yourself aren’t trying to say you need a 4 year degree to know the difference between their and there…
Idiocracy is real.
A.O.C.
Agent of chaos.
The emphasis on the original bill should be for schools to absorb the burden of debt. I paid every student debt I signed for, was rejected from the school of Music. USC, 29210
Go back to school and get more in debt
Let's go Brandy.
The Community College portion is HUGE for moving this Country forward.. the world (that's not being bombed) is WAY ahead right now in future development.
Is this airing tonight?
It was last night
If they can't pay their student loans, how are they going to pay for a house???
Pay your own damn loans like a responsible LEGAL American citizen.
Alexandria 😍😍😍😍😍😍😍😍
Have some self respect and stop simping like a damn fool
Maybe they could buy a house or have a kid or travel abroad or go back to school…wait…WHAT????
Go fix me a drink
love aoc!!
PAY YOUR OWN DEBT
Yeah everyone else totally has to pay for my gender studies degree.
Yes, exactly right!
a temporary feeling as though everyone is once again safe at home only for that feeling to leave again and for everyone to once again face the wasteland. it doesn't have to be this way and it never should have ended up this way. if ppl bite the hand that feeds instead of protecting and feeding the hand that feeds than expect to lose the hand that feeds instead of getting rich off of other ppls charity and since those ppl no longer donate that explains their ability to rise to a higher level instead of saving everyone else while their own goals in life went unfulfilled. who's really the neglectful ones??
There's this mandatory course in the 1st semester of college that teaches you how to go to college. It goes into great detail about student loans, the different types of loans, the dangers of taking loans, and why you definitely don't wanna take advantage of them, etc. To whackademia's credit, they made it quite clear to me that banks are more generous than student loans. I know ya took this course, I know you even got an easy credit for learning what you apparently couldn't put into practice. It's very possible to graduate with little to no debt, but you kinda failed right out the gate, proving that you never belonged in higher education to begin with, didn't ya? So let's let the government cover it all, I doubt they'll want anything out of the deal.. like even more control over what an education even is.
Shut up and pay my loans
@@groundbeef174Just as soon as you get back with my fries.
Wth, the new plan is not student loan forgiveness, it is student loan INTEREST forgiveness. The only way you get full forgiveness is if you made 20-25 years of consecutive payments towards your student loans, or 10 years of consecutive payments while in a PSLF qualifying job.
So beautiful Queen 😘🍓❤️
STOP SIMPING! Grow a pair and have some self respect
She's the most promising woman of her age. ❤
surprised other women aren't jumping all over this slight.
Addicters condition policing.
Accepting influence;
progressing foundational nurture...
takes effort & time to process.
Addicters condition policing.
Accepting influence;
progressing foundational nurture...
takes effort & time to process.
Are Democrats diverting extortion by being compliant?
Choose establishing more freely.
One vodka tonic with a lemon twist! Chop Chop!
Psalm 90:11,12 says:
Who understands the power of Your anger and Your fury, according to the fear that is due You? So teach us to number our days, that we may present to You a heart of wisdom.
All life matter and all loans matter. Not a few life and not one loan matter.
🤣😅😂 Does she think she can lie and bullshit her way through medical school?
Oh yea. Forgive my student loans so I can travel. 😂🤣😅😆
Haha right I thought that line was funny. I need my crushing student loans to be paid off my the tax payer so I can do the basics like pay rent, eat, have a kid, and TRAVEL TO CANCUN MEXICO 😂😂
Get rid of AOC
Did she say her and medical school in the same sentence ? Whoa !
💪 from waitress to serving many.... to super congress woman serving millions !!! it doesn't get any better than that !!! all Americans need to realize how important AOC is !! Bravo Mademoiselle!! AOC 2028 !!
Sold her soul to get rich.
@@davidc3943 If you had a point maybe people would engage with your comment but you simply sound like you are frustrated about something you concocted yourself without any merit?
Why didn't Democrats vote for Bernie Sanders in 2020, if they wanted "Free Everything"?
TRUMP 2024!!! MAGA!!!!
This just seems like such a band-aid approach to the deeply serious problem of college costs . This does not help future generations.
Free free free