Dr. Phil Asks Mike Rowe: Who Pays For Student Loan Forgiveness? | Merit Street Media

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  • Опубліковано 9 лип 2024
  • Discover the untold stories of essential workers and the true cost of student loan forgiveness in this gripping UA-cam video ft. Mike Rowe. Join us as we delve into the hidden world of trades, learn life lessons from unlikely places, and uncover the reality behind forgiving debt. Don’t miss this eye-opening exploration of what really keeps our world running.
    #drphil #meritstreetmedia #mikerowe #studentloans
    Welcome to the Merit Street Media UA-cam Channel-your home for “Essential Television.” On Merit Street Media™ UA-cam you’ll find news and entertainment that respects your intelligence with content from Dr. Phil’s new show, Dr. Phil Primetime, featuring Dr. Phil McGraw; Morning on Merit Street with Dominique Sasche and Fanchon Stinger; The News on Merit Street with Kris Gutierrez, Lyndsay Keith and Loni Coombs; and many more!
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КОМЕНТАРІ • 428

  • @Cheapcinema
    @Cheapcinema 20 днів тому +354

    Who else thinks this administration is garbage?

    • @darth_dub_
      @darth_dub_ 20 днів тому +23

      Anybody actually paying attention.

    • @kevinelrod323
      @kevinelrod323 20 днів тому

      My question is, why are you denigrating garbage in such an unfair way? Comparing anything with the dipsh*t in charge of NOTHING aka China Joe's administration is making that thing worth less than 💩. #FJB

    • @herec0mestr0ble
      @herec0mestr0ble 20 днів тому

      It’s not just the current administration. Its rich people getting richer, mass poisoning poor people via the chemicals in their products and cost of their products.

    • @Mastermindyoung14
      @Mastermindyoung14 19 днів тому +3

      @@darth_dub_ anybody actually paying attention is voting for RFK jr

    • @darth_dub_
      @darth_dub_ 19 днів тому +1

      @@Mastermindyoung14 preachin to the choir here.

  • @cyberbrox5
    @cyberbrox5 20 днів тому +133

    Hey kids, in this video you will find MEN in the highest sense of the word. Take note, masculinity is not toxic....you just cant handle the truth if that word makes you uncomfortable! Love these guys and appreciate them, not enough like them anymore.

    • @DoubleDoubleWithOnions
      @DoubleDoubleWithOnions 17 днів тому +5

      .............. YOU"RE G. D. RIGHT!

    • @seymorefact4333
      @seymorefact4333 17 днів тому +3

      Who pays for corp BAILOUTS / SUBSIDIZES / TARIFFS / SANCTIONS.......TAXPAYERS TAXPAYERS TAXPAYERS!

    • @yankee2666
      @yankee2666 17 днів тому +2

      @@seymorefact4333 That's far from entirely true. You can't lump all these factors under a single umbrella.

  • @AnnieWinter148
    @AnnieWinter148 19 днів тому +99

    Tuition went up after the government started giving school loans. Schools took advantage of it.

    • @ninerknight5351
      @ninerknight5351 19 днів тому

      The government takes just as much advantage. They profit even more in fact. Student loans are 4 times as much of an asset for the federal government as taxes. They rip off the hardest working Americans with degrees while simultaneously forgiving low life’s loans to buy votes. Any attempt Biden has made to fix it was really a purchase of low income voters votes. Meanwhile student loans keep on the same, currently charging children 6.5% daily accruing interest. Starting before they even step foot in a classroom.

    • @akraix182
      @akraix182 18 днів тому

      Correct, the gov is the issue. Schools are a tool

    • @user-vy7iw4lf5o
      @user-vy7iw4lf5o 18 днів тому +2

      Big time

    • @OliviaKenoyer-qm3oz
      @OliviaKenoyer-qm3oz 17 днів тому +2

      A citizen in debt is a citizen with limited social mobility and a motivation to get a job. Not just the schools taking advantage

    • @mikeb.7183
      @mikeb.7183 15 днів тому +3

      When the government guarantees payment the price always goes up. How else do you get a $1,500.00 hammer

  • @kennybeck5519
    @kennybeck5519 18 днів тому +71

    If you take out a loan, then it's on you to repay that loan!

    • @wallihaley5194
      @wallihaley5194 15 днів тому

      @@kennybeck5519 , just so you know, you have to qualify for loan forgiveness. There’s only a few ways to do it. One is if you have signed up for loan forgiveness based on your work for a nonprofit organization for 10 years. That means you have worked for a non-profit (including the military) and have paid your loans for 10 years. Then you can apply to get the balance forgiven. The other option is to apply for loan forgiveness after you have paid your loans for your undergraduate degree for 20 years. A third way is to apply for loan forgiveness for your graduate degree after you have paid your loans for 25 years.

    • @WeAreItt
      @WeAreItt 14 днів тому

      Not if those loans are fraudulent
      Than it’s void
      Turn off Fox News

    • @mikelembke5121
      @mikelembke5121 14 днів тому

      @@kennybeck5519 democrats don't think that way

  • @mscampbell1242
    @mscampbell1242 20 днів тому +100

    Dr. Phil and Mike Rowe are two smart men!!

    • @andreajones886
      @andreajones886 20 днів тому +2

      I LOVE SMART MEN! we are here for it!💯

    • @user-ce3vm8xb7w
      @user-ce3vm8xb7w 18 днів тому

      Two real American men!❤

    • @michaellammert8084
      @michaellammert8084 18 днів тому

      Dr. Phil isn’t a doctor and Mike Rowe is a multi millionaire, while maybe smart they are far less than honest.

    • @daveassanowicz186
      @daveassanowicz186 18 днів тому +1

      They both went to college, and the only reason anyone knows who they are is because they're on TV

    • @charlesallen1874
      @charlesallen1874 5 днів тому

      @@mscampbell1242
      Even smart men get involved in a cult.

  • @peterl545
    @peterl545 20 днів тому +103

    The people who decided college was not worth getting into debt end up paying for it.

    • @janetprice85
      @janetprice85 17 днів тому +11

      I worked and paid off part of my tuition while going to college then paid the rest off early. I do not want to pay some deadbeats.

    • @bbrisley
      @bbrisley 16 днів тому +2

      Just like the middle class has been doing in this country for more then 60 years while large corporations get tax breaks and subsidies while the middle class can’t afford to put food on the table for there families there is no difference between student loan forgiveness then trillions of dollars of tax breaks for large corporations

    • @WeAreItt
      @WeAreItt 14 днів тому

      I don’t think you deserve roads
      So why should I
      Pay for it?

    • @UTBanjo
      @UTBanjo 14 днів тому

      @@WeAreItt Roads are paid by and large by fuel taxes. You can chose to not pay for it by not driving or buying fuel.

    • @UTBanjo
      @UTBanjo 14 днів тому

      @@bbrisley Both can be wrong at the same time.

  • @catholicfaithofmine2664
    @catholicfaithofmine2664 20 днів тому +97

    Tax payers pay it all. Our Fore Fathers warned us about becoming debt slaves but here we are!
    Thomas Jefferson said he considered “public debt as the greatest of the dangers to be feared,” and he warned that in order to preserve the people's independence, “we must not let our rulers load us with perpetual debt.” He also talked about the urgency of paying off debts, saying it would help preserve peace.

    • @robedmund9948
      @robedmund9948 20 днів тому +1

      At least HIS debt gave us a large portion of land. We actually got something for that debt!!

    • @interestedparty3125
      @interestedparty3125 20 днів тому +2

      Thomas Jefferson was also wise enough to recognize the importance of bankruptcy rights, even ahead of the Bill of Rights!

    • @therenegadeviking1454
      @therenegadeviking1454 19 днів тому

      It's the lazy & idiotic (and self entitled) millenials who want all their educational debt cancelled. Ok, so what about all of the people who paid their way with student loans for the past 50 years ?
      Why just the millenials & Gen Z ?

    • @user-qy3yz7gf8u
      @user-qy3yz7gf8u 18 днів тому

      Daaah.

    • @mcconn746
      @mcconn746 17 днів тому +1

      You are right about taxpayers paying it off but not us. We will not pay off all our debt in our lifetime. Future taxpayers including the kids whose loans are forgiven will pay at least interest on it.

  • @lawrencepietrangeloiv2582
    @lawrencepietrangeloiv2582 17 днів тому +21

    I do supermarket refrigeration…most people have no idea we even exist but we work 24/7, away from our families, exhausted sometimes up for 24+ hours straight, to make sure the systems that cool/freeze all the food are working properly so you can walk into any supermarket and count on cold/frozen foods that are safe and quality to eat when you need them. We are often out on the hottest/coldest/rainiest days with Gauges/electrical meters/torches repairing things behind the scenes. Occasionally an older person will say to me thank you for what you do when they see me working and it really means a lot.

    • @wvanyar1801
      @wvanyar1801 15 днів тому +1

      Thank you for working this service job. My Dad worked for the city water department. I remember him working weekends and even holidays. I remember one Christmas where a major water main broke and he had to go to work. Nobody thanked him or the rest of the crew.

    • @billdivine9501
      @billdivine9501 14 днів тому +2

      That’s really cool! (No pun intended) I’ve always found that field interesting. There’s no way I could do those kinds of hours now but I told my ac guy, he has his own company that was his dad’s, I told him I’d totally go on service calls with him, not wanting to be paid a single dime, but just to watch, hand him tools, gauges etc, and see and learn what they do and how it works and why it works.

    • @bhodie131
      @bhodie131 14 днів тому

      Thank you for the long days, long nights, and the wear and tear you must endure.
      However, YOU chose that profession, nobody forced you to do it. Maybe it’s time for a change? It’s never too late

  • @jayalexander3356
    @jayalexander3356 20 днів тому +102

    Nobody forced any of them to take out massive loans for useless degrees. Pau your own dang debt!!

    • @interestedparty3125
      @interestedparty3125 20 днів тому +2

      Bring back bankruptcy rights! Gamblers and business owners shouldn't be able to wipe out their debts while some student loan borrowers are stuck in a lifetime of indentured servitude.

    • @cjorgie1
      @cjorgie1 19 днів тому +4

      @@interestedparty3125not saying I disagree with you. What would stop people from abusing that.
      The strategy could easily be:
      Take out massive student loans.
      Graduate and file bankruptcy.
      Wait for credit to clear up (I think it’s 4 years.. not positive).
      That’s almost the same thing as forgiveness, just with a time penalty to re enter the financial debit system.

    • @beautifulwhitecat
      @beautifulwhitecat 19 днів тому +4

      @@jayalexander3356 learn 2 words: can not. Willingness vs ability. Many are willing to pay them back but "can not". Can't get blood from a turnip!

    • @claz7307
      @claz7307 19 днів тому

      You do realize that the majority of people who are having their loans forgiven are through the PSLF.

    • @interestedparty3125
      @interestedparty3125 19 днів тому +1

      @@cjorgie1 The concern about abuse of the bankruptcy process is legitimate. However, the courts have instituted term requirements for repayment (5 years under a chapter 13 plan). Reforms could be as follow:
      1) Any federal loans would be limited to the historical rate of education inflation from 1965-present, and granted priority unsecured status (and cannot be discharged under bankruptcy for a period of 20 years); the government would be paid first ahead of any creditors or private lenders.
      2) Colleges and universities would act as guarantor of a proportion of the federal (and all private) student loans taken out by students, meaning they would be on the hook to the government and private lenders in the event of default. They would use a portion of their endowment funds to act as collateral, similar to how banks have reserve ratios as a part of their stress-tests.
      3) Historical black colleges and universities offering courses for underserved students and those with lower GPA should be offered some financial protections to ensure they could continue operating and offer viable classes to help students enter the job market.
      4) Students would have to pay back a portion of their gross income for a minimum period of 20 years, but the remainder would be dischargeable after.
      This would strike a fair balance; the market would self-regulate as lenders would not be willing to extend credit to education institutions who do not offer fair value for a worthwhile degree; we do not keep borrowers as indentured servants and tied to the federal government for a lifetime of welfare, and education costs would come down as a result of the risks to creditors from debtors filing for bankruptcy protection. The only problem is that both parties would oppose reform as it goes against their special interests (Wall Street/lenders/private banks, Education).

  • @BritoCornelio
    @BritoCornelio 19 днів тому +130

    I started a three day fast this morning. Thank you for this message.i'm 47yrs old $73,000 biweekly and I'm retired, this video have inspired me greatly in many ways!!!!❤❤

    • @Joshigore
      @Joshigore 19 днів тому

      I'm inspired.
      Please spill some sugar about the biweekly stuff you mentioned

    • @BritoCornelio
      @BritoCornelio 19 днів тому

      ​@@JoshigoreIt's Christina Ann Tucker doing she's changed my life.A BROKER-like her is what you need.

    • @BritoCornelio
      @BritoCornelio 19 днів тому

      I raised 75k and Christina Ann Tucker is to be thanked. I got my self my dream car 🚗 just last weekend, My journey with her started after my best friend came back from New York and saw me suffering in dept then told me about her and how to change my life through her. Christina Ann Tucker is the kind of person one needs in his or her life! I got a home, and a beautiful daughter. Note: this is not a promotion but me trying to make a point that no matter what happens, always have faith and keep living!

    • @maxicorreo
      @maxicorreo 19 днів тому

      Wow 😱 I know her too
      Miss Christina Ann Tucker is a remarkable individual who has brought immense positivity and inspiration into my life.

    • @maxicorreo
      @maxicorreo 19 днів тому

      I started with a miserly $1500. The results have been mind blowing I must say TBH

  • @davidjones8070
    @davidjones8070 18 днів тому +8

    I worked in the electrical utility trade for 31 years and proudly worked with some of the hardest working people I know. I’ve helped in training apprentices that thought they could show up a fifty year old man with ease. Hopefully the ones that turned out after four years would actually begin there careers in the trades. I was also fortunate enough to invest my overtime and raises. I retired at the age of 57. This wasn’t handed to me.. i worked storms and overtime in excess of 16 hour shifts for more than a week straight. Mikes story really just scratches the surface but I’m indebted to him for making the trades and dirty jobs something to have pride in.

  • @sheilagadde5975
    @sheilagadde5975 20 днів тому +54

    We must always pay our debts.

    • @beautifulwhitecat
      @beautifulwhitecat 20 днів тому +4

      We aren't millionaires here. Mine should be forgiven in about 10 more years. Jobs aren't there.

    • @robedmund9948
      @robedmund9948 20 днів тому

      @@beautifulwhitecat Maybe not the job you were promised by your BS college. Go work two jobs that you hate. We don't care. It's YOUR effing debt!

    • @interestedparty3125
      @interestedparty3125 20 днів тому +2

      Bring back bankruptcy rights! Gamblers and business owners shouldn't be able to wipe out their debts while some student loan borrowers are stuck in a lifetime of indentured servitude

    • @TermeeTime
      @TermeeTime 19 днів тому

      ​@@interestedparty3125It's called predatory lending.

    • @user-ge9go9ln3s
      @user-ge9go9ln3s 19 днів тому +6

      If you can't pay your tuition, don't go to college. I shouldn't have to pay for your education. You will be paying for everyone else's forgiveness. Nothing is free,get whatever job you can get(2 or 3) if necessary. Stop expecting everyone else to pay for your education. You are selfish. Nothing is free😂😂😂😂😂

  • @cathleeny8670
    @cathleeny8670 19 днів тому +24

    College loans can be used for anything, and with decent credit you can get numerous student loans. This may be the issue - people getting lots of loans under the student loan programs and these loans are not all used for schools. They are used for anything they want - partying/clothes/fun.

    • @ea42455
      @ea42455 18 днів тому +2

      Yep, you got that right. I worked as a court clerk for 13 years. Had one young man before the judge for some sort of offense to which he pled guilty. Judge levied a fine and told him to have it paid by such-and-such date, but followed up by asking if having it paid by the due date would be a problem (Judge came up the hard way... he had a heart). The young man told Judge, "Naw, I'll have my student loan by that time." Loan forgiveness? SHEESH!

    • @WeAreItt
      @WeAreItt 14 днів тому

      Wrong
      You don’t need credit to get a student loan

    • @WeAreItt
      @WeAreItt 14 днів тому

      @@ea42455
      You’re so full of 💩

  • @marygrabill7127
    @marygrabill7127 20 днів тому +13

    Again, Mike's mum saves the day !

  • @MaxTravels45
    @MaxTravels45 17 днів тому +11

    Who pays for student loan forgiveness? The young man that decided at 18 that instead of partying he woukd serve his country. He would go to overseas and see none of his family or friends over a year. He would loose a close friend there. He went airborne to become a better soldier. This resulted in a bad jump where he fell 800ft and broke his back. At 46 he can barely walk or work. Hes been fighting for Disability over 13 years and getting nothing for his sacrifice. He cant pay his bills and will be homeless soon.........ME! I AM THAT SOLDIER AND IM PAYING FOR YOUR "EDUCATION"!!!😢 let that sink in

    • @JohnnyDoes6
      @JohnnyDoes6 14 днів тому

      You literally have a video of you cross-country skiing in Utah just a year ago.... please explain to me how that works if you can barley walk.

    • @MaxTravels45
      @MaxTravels45 13 днів тому +1

      @@JohnnyDoes6 ok so give the world a PSA. Shout out the university that failed you so parents know not to send their children there.

    • @josephrivera4921
      @josephrivera4921 8 днів тому

      @@JohnnyDoes6😂

  • @mikecoote9546
    @mikecoote9546 18 днів тому +4

    "They knew there was purpose and meaning under the grime and slime and all of the overtime" Love it

  • @andreajones886
    @andreajones886 20 днів тому +23

    he speaks so eloquently!🤯

  • @dusty_muff
    @dusty_muff 20 днів тому +16

    Mike has that voice 😂😂

  • @user-tb1fq5db3o
    @user-tb1fq5db3o 18 днів тому +8

    How about a credit for the people that didn’t get their loans forgiven..

  • @gbfraser921
    @gbfraser921 17 днів тому +7

    Biden and his crew couldn't care less about American taxpayers! Bravo Mike Rowe! You speak the truth and you rock!

  • @mrrpepsi24
    @mrrpepsi24 17 днів тому +3

    Thank Mike for showing America and the world how things get done. I am a Relocation specialist ( Truck Driver ) I dont know if you ever did a show on the world of trucking, But you are welcome at my place of work anytime, Thanks again for all you do.

  • @Aaron-ge1hy
    @Aaron-ge1hy 20 днів тому +8

    What a brilliant family the Rowe lineage is! WOW ! 😊

  • @chuckpalmer284
    @chuckpalmer284 17 днів тому +3

    I worked in an office. One thing I learned was if I took a weeks' vacation and the janitor took a weeks' vacation and nobody did either one of our jobs for that week, which one of us do you think would be missed the most? I guarantee it would not be me.

  • @SebastianKrabs
    @SebastianKrabs 20 днів тому +12

    Brother, he forgot about the F-350. 🇺🇲

  • @republitarian484
    @republitarian484 19 днів тому +7

    Have the Colleges and Universities pay for them loans.

  • @timdaniels7161
    @timdaniels7161 17 днів тому +4

    Love Mike Rowe's voice!

  • @cindymavis5192
    @cindymavis5192 19 днів тому +5

    I went to career day elementary school for my daughters. Teacher said in her presentation that u kids dont eant to work at jobs that r physical. U need to go to college. I laughed. that was 28 years ago.

    • @daveassanowicz186
      @daveassanowicz186 17 днів тому +1

      Most parents who work physical jobs tell their kids that

  • @pirateslife4me
    @pirateslife4me 17 днів тому +2

    Mike, my gpa too had an 8th grade education and could fix/build/maintain anything. He was a dedicated longtime blue collar employee at a time when that meant something, and after he passed he left a pension benefit my gma lived on the rest of her life ❤

  • @TermeeTime
    @TermeeTime 19 днів тому +4

    This is simple. The college should underwrite the loans and be dischargable in bankruptcy. That would solve the predatory lending.

  • @deelady53
    @deelady53 18 днів тому +4

    I have paid back the principle and then some, but the interest is insane.

  • @markreynolds872
    @markreynolds872 18 днів тому +4

    Look I’ve bn a professional carpenter for over 3 decades!! Mike never mentioned a carpenter! It’s always a plumber or electrician or pipe fitter! Look the other trades can’t go to work until the carpenter is done and let’s then in! It’s a process! So shout out to all rough framing crews, an trim carpenters out there, it seems we are forgotten! However it doesn’t matter if it’s metal framing or wood framing, other trades can’t come in until we’re done! So Mike please mention a carpenter at some point! An I understand ppl get confused about a framer and a carpenter! After 30 years I’ve learned an loved it all! Framer frames carpenter trim out a siding a basically anything else! But only the carpenter can frame an finish!

  • @TacoTruck17
    @TacoTruck17 15 днів тому

    I'm glad, Dr. Phil is finally coming around and have always been a fan of Mike Rowe!

  • @oliviabruce9691
    @oliviabruce9691 19 днів тому +4

    Great man Mike is so inspiring for young men in America ❤ tks Dr Phill

  • @somewillunderstand
    @somewillunderstand 6 днів тому

    Mike Rowe, in my opinion, is one of the most straight forward people I have heard speak.

  • @rodgerpetrick6502
    @rodgerpetrick6502 18 днів тому +5

    Of course it's we the taxpayers who are footing the bill.

  • @esava44
    @esava44 19 днів тому +3

    I mean, College is a good thing. But the Federal Government started subsiding colleges through student loans. All this did was hike credit prices, inflate administrative positions, and create dumb and pointless degrees that attract people who largely shouldn't be in college (I'm looking at you..."Studies" degrees). But College is good. It should be cheaper and affordable. The Federal Government shouldn't take tax dollars to forgive loans. They should take that massive Education department budget, shut down the department and use those funds to pay off the loans they conned 18 year olds into getting. Then....force universities to figure it out on their own.

  • @robedmund9948
    @robedmund9948 20 днів тому +4

    Well, first, the people who went to college and paid THEIR loans back. Then, there's the people who chose NOT to go to college who get to pay for those idiots who aren't smart or honorable enough to pay off their own loans. There's also the people themselves who will pay via higher taxes (although they do come out ahead here).

  • @user-ns4qj7nc6l
    @user-ns4qj7nc6l 19 днів тому +5

    The real problem, besides the ridiculous costs of college, are the adults who should be properly guiding teens in this world. Adults from every part of their lives push teens into the narrative that college is the only way to go after highschool. Teens don't understand how the world works. Teens don't understand how much debt they are diving into head first. They don't understand what interest is going to do to that cost and how long it's going to take to pay off. They don't understand how that's going to make getting things like cars and houses even harder. I don't think loans should just be forgiven because that won't solve anything long term. Adults need to properly prepare teens and help them to understand the massive commitment they will be taking on. And let them know it's ok to not go to college, there are other avenues and taking time off between highschool and making a decision is ok too. As long as you work hard in life it doesn't matter what you do.

  • @lorettatayor5840
    @lorettatayor5840 19 днів тому +5

    That's why i didn't go to college. Too expensive.

  • @nalaka3488
    @nalaka3488 17 днів тому +2

    And what about the people who couldn’t afford to go to college in the first place and have to work low income jobs? How is to morally right to make him pay for an education for someone else that they will never see a benefit for?

  • @erint2115
    @erint2115 6 днів тому

    Mike is so articulate and captivating to listen to...because he's speaking truth!

  • @richardgreen7811
    @richardgreen7811 19 днів тому +4

    Student forgiveness of debt has no economic value. I have an idea ... why not forgive all of the tax and related legislation associated with the national 401K program. That frozen asset would then be freed-up and directly applied to the economy via transactions across America.

  • @com2375
    @com2375 18 днів тому +2

    Noo. Then I want all my loans be forgiven. That is ridiculous. What the heck is wrong with people. Can't afford to pay for them figure something else out.

  • @defenstrator4660
    @defenstrator4660 17 днів тому +2

    If they want to fix student loans all they have to do is get rid of the bankruptcy exemption. Then the loans would only be given to people who would be likely to repay them. That would clean out a lot of the rot on academia.

  • @petehoeft6518
    @petehoeft6518 17 днів тому +1

    What Mike Rowe described as to his approach for filming, that’s what Anthony Bourdain did. And both did it with humility and respect for those whom they filmed. And there are millions of potential stories waiting to be told ….. and they don’t have to involve Hollywood celebrities.

  • @Masoninc
    @Masoninc 19 днів тому +5

    DC 3rd HVAC Engineer 👋🏾

  • @avayu2289
    @avayu2289 17 днів тому +1

    I agree. Total good sense.

  • @grahamnorris7315
    @grahamnorris7315 17 днів тому +2

    These filthy rich schools should forgive the debt.

  • @courtneybogle24
    @courtneybogle24 20 днів тому +4

    Mike Rowe for 2028!!!

  • @WeWokeTheGiants
    @WeWokeTheGiants 18 днів тому +2

    Nobody pays for it. The debt disappears. Forgiving debt is a biblical principle and a godly trait. The government has every right to forgive debt, since the government issued the loans. That's saying I'm not allowed to forgive those who owe me a debt.

  • @stephensuter7242
    @stephensuter7242 16 днів тому

    Great conversation!

  • @wayneharless5073
    @wayneharless5073 17 днів тому +1

    Mike came to the college my son graduated from Hard Work U. All of the students work there way through no debt.

  • @inquisitive980
    @inquisitive980 16 днів тому +1

    Mike is class!

  • @VMX1.
    @VMX1. 14 днів тому

    Love this man.

  • @gtmddn
    @gtmddn 14 днів тому +2

    What that guy said about the f150 and f250 pickup truck that a contractor needs as a tool isn't being forgiven. That's not true it is. I get to write off most all the miles I put on my truck. It's oil changes it tires and most all of the cost if it breaks down. Plus I get to deduct its depreciation over the years. So it might not get totally wiped out. But a large chunk of it does. So maybe instead of total forgiveness on school loans. Maybe say half or 3/4 can be deducted from your taxes. Much like that truck he says he get no deduction for.

  • @raysmusic49
    @raysmusic49 17 днів тому +1

    So True! How could anyone with a half a brain think student loans should be forgiven.

  • @leeriterii2128
    @leeriterii2128 18 днів тому +1

    I paid my student loan back with my 401K. Probably the only person who did so in the world. Paid my car loan off as well then lost the car to an accident weeks later. Now im on SSDI with no retirement savings and no life insurance.

  • @MartB-tx5lb
    @MartB-tx5lb 13 днів тому

    My granny is 89, lives across the country, an immigrant from communist Europe c. 1960. Obviously, I have her among others to thank for my existence. We talk weekly and she loves Mike Rowe and Dr Phil. Values that have been lost amongst the screens, social media and materialism shoved down our collective throats. Just a different perspective…

  • @bigprairiedog8865
    @bigprairiedog8865 15 днів тому +1

    How about corporations paying it for their future workers? They profit a trillion a month after low taxes. They don't pay for training anymore, and only offer some tuition reimbursement after your education. 50k is only $5 an hour for the first 5 years to get workers you need to make your profits. Home depot profits $16/hour for each of almost 500k employees, and Walmart twice that for 2 million employees.

  • @i2vader
    @i2vader 17 днів тому +1

    Mike Rowe could not have said it better, Whos forgiving the loans for the people that actually install,repair,make,build, and don’t just run there mouths and think showing up their owed a paycheck. This country is sick

  • @DataJuggler
    @DataJuggler 20 днів тому +4

    I was jogging today in really hot weather, and after a hurricane, Houston looks like a war zone in parts with fallen trees everywhere. These workers who didn't speak English, were doing really hard looking work in really hard weather, but they were laughing and telling jokes I didn't understand due to language. It made the rest of my run seem easier knowing people are out working, and a million of my neighbors don't have power. My grand mothers prayers are still working.

  • @mazdarx7887
    @mazdarx7887 17 днів тому +2

    If my brother gets his $150k education paid for by the government, how come the government won't give me $150k?

  • @emilylabo7053
    @emilylabo7053 18 днів тому +2

    The reality is they have repaid the loan they are forgiving the astronomical amount of interest that compounds.

  • @cultleader3572
    @cultleader3572 18 днів тому +4

    We can go and bail out Banks insurance companies in etc. with trillions of dollars but we can never bail out the American person

    • @briansomething5987
      @briansomething5987 14 днів тому

      Conveniently forgetting the fact that those "bailouts" were LOANS, which were repaid.

  • @user-th9bp6up5v
    @user-th9bp6up5v 7 днів тому

    As a nation we should be proud to educate our people

  • @rallyqueens2029
    @rallyqueens2029 18 днів тому +1

    Mike I am a union electrician and I went to a trade school class of 01 what can I do to help this cause I believe 100 percent what you are saying about the trades

  • @michaelbabella9012
    @michaelbabella9012 17 днів тому +1

    me, u and i, taxpayers and those that have student loans...before covid my payment was lower, reasonable, manageable...then man made covid hit, loans were deferred WITHOUT additional interest added, and now that they have us back paying, my payment went UP...almost $100 over what it was pre-covid. try to call them and ask why, no one answers the phone, all i get is a recording saying my minimum wait tome to talk to someone is 5hrs...and thats when i call them 1st thing in the morning, if i call them at 10am, im told my minimum wait time to talk to someone is 8hrs...and there is NO WAY they are open past 6pm.
    and yes, i tried the having them call me back, they said it would prolly be around 6hrs...that was 2 months ago. federal govt works on govt time, and evidentially questioning why ur payment went up drastically isnt of their immediate concern

  • @cyberbrox5
    @cyberbrox5 20 днів тому +8

    To Dr Phils team, I was subscribed already and just noticed now I had been unsubscribed so watch the w@ke alphabet.

  • @kcook8023
    @kcook8023 20 днів тому +2

    College is 50,000 dollars to get an education. You come out of highschool without a home. K thru 12 is basically free. A smart parent would say don't go to college. 4 years to study a degree that you don't even know you are right for. As soon as Republicans come up with a plan to make college beneficial will go a long way.

  • @chaosgiga5789
    @chaosgiga5789 17 днів тому +1

    It's funny how we all pay for all the small business loan debt (PPP loans) of all our government officials without batting an eye, but college graduates and their loans are the worst monsters in the entire world. I say make the schools pay it all back, especially if companies are not paying what these schools are saying these degrees are worth!

  • @user-dh1qo1kw3g
    @user-dh1qo1kw3g 15 днів тому

    As I said years ago that the taxpayers are paying for that supposed forgiveness of these college students college tuition. This guy just confirms exactly what I've been saying for years and years and years.

  • @Everett-eh4nn
    @Everett-eh4nn 14 днів тому

    I like the episode where he was in that place where they clean adult diapers. Mike was gagging.

  • @jamesziegler2763
    @jamesziegler2763 17 днів тому +1

    Interesting

  • @susan7414
    @susan7414 20 днів тому +1

    What about all the future student loans are they going to pay off those as well

  • @user-og5fr4dv1f
    @user-og5fr4dv1f 16 днів тому +1

    Who pays for subsidies to farmers, oil and gas, corporations: taxpayers?

  • @richardschaffling9882
    @richardschaffling9882 17 днів тому +1

    Dr. Phill said it right the tax payers are going to be stuck with the bill this was a very well don’t video

    • @Thunder_Dome45
      @Thunder_Dome45 7 днів тому

      Yeah, it ain't like the taxes will be raised though.

  • @kbstrong429
    @kbstrong429 15 днів тому

    I look at it like I didn’t go to college because I had to work and couldn’t afford to. Some people got to go for free because they had a baby as a single mom. I felt like if I went and had a baby I could get help. I felt like I’d tell you my view.

  • @fredhinkel1872
    @fredhinkel1872 15 днів тому

    mike rowe is the new gold standard for leading the new generation that collage and 20 year student loan debt is not for everyone we need vocational schools schools schools

  • @kimberlywarehime9474
    @kimberlywarehime9474 17 днів тому +1

    Speaking for many people who have payed off or are still paying on college loans: Why should we now have to pay for these dead beat's college loans through our taxes?! When they signed up for college, they signed a contract to pay back their own loans. It's BS they aren't being held responsible for their decision to to to college and pay off their own debt! 😡

  • @atrain132
    @atrain132 20 днів тому +12

    Nope. It never should be forgiven.

    • @beautifulwhitecat
      @beautifulwhitecat 20 днів тому

      Guess you aren't a Christian as you don't believe in forgiveness. Sad.

    • @beautifulwhitecat
      @beautifulwhitecat 19 днів тому

      @@atrain132 Sounds like an atheist. Christ forgives completely! Praise be to Him! 💜🙌🏻✝️

  • @TheIxxplonxei
    @TheIxxplonxei 12 днів тому +1

    We can honestly have this mentality on everything in this case which is why I disagree with this mentality because we provide aid for everything else. These loans are predatory and were given out by the government. No one with no credit history or job should be given a loan like this. Look at the 2008 financial crises. Look at the government bailing out banks and corporations. Should an every day American be expected to pay for their negligence. You can’t file bankruptcy on these loans and these loans are so high it will take a life time. No university funded by tax payers dollars should cost 12000 a year. Let’s start also by acknowledging the problem in the system. Not shaming the victims of the fraudulent system that was pushed on them them by the government and the people they trusted the most.

  • @bernie9728
    @bernie9728 15 днів тому

    My wife and I didn't go to college after High School. We went to work. We met when I was 19 and she was 17. That was in 1973. We were married 2 years later. We are still together. I have never paid a dime in rent for a place to live. I purchased our first house when I was 20. We raised two children who both graduated from college with honors. We are both retired now and for the first time in our lives we are paying rent. Not for a place to live, but for a place to store our 35 foot travel trailer when we are not using it. Success comes in many forms. Success is not dependent on a College Degree unless your chosen field of work requires it.

  • @dennisisthedroningsmalley9807
    @dennisisthedroningsmalley9807 17 днів тому +1

    I’m all for student loan forgiveness only if under one condition. The person receiving student loan forgiveness should be required to give their services to the tax paying public for free with no recompense.

  • @michaelgrosz8667
    @michaelgrosz8667 17 днів тому

    The problem is the loan system is set up to put you in debt and keep you there until they get the insurance and when someone file a class action lawsuit that get a lot of people in like the bibble vs saile ma. So yes there should be forgiveness for loan up to a degree but the system has to be changed so this doesn't happen in cycle.

  • @brushcrawler8612
    @brushcrawler8612 19 днів тому +2

    I need a refund of my college tuition please...with interest

  • @andragreene7685
    @andragreene7685 17 днів тому +1

    No, They should not go to College if they can’t afford to.

  • @hbarudi
    @hbarudi 6 днів тому

    They should do something about this problem. Maybe make the loans dischargable in bankruptcy...

  • @claz7307
    @claz7307 19 днів тому +1

    Under the current rules only people with very specific jobs can get loan forgiveness. This is because the education requirements for those jobs do not match the salaries.

    • @jamietwigg5152
      @jamietwigg5152 19 днів тому +3

      Why would you get a degree that wasn't worth it from jump?
      All those jobs and salaries have always been able to be researched.
      Not our fault they got a worthless degree.
      I live by a Bible verse "A man that builds a house, counts the cost"
      All decisions in life have consequences, thats why we must weigh those decisions before making a snap decision.

    • @melsmith3662
      @melsmith3662 19 днів тому +2

      Not from what I've read. Doctors and lawyers can get student loans paid for by taxpayers. Nothing is forgiven. It's paid by other people who didn't go to college or who already paid for their schooling. The whole point of going to college is to get a good paying job not some useless degree. Too many kids are getting useless degrees.

    • @claz7307
      @claz7307 19 днів тому

      @@jamietwigg5152 so your child's teacher is worthless? How about their school counselor? Or the social worker who is helping abused children? Are those people worthless? They chose to get an education where they can help people. So I guess the choice is your, help forgive their loans, pay significantly higher property and income taxes so they can have a higher salary, or figure out how to school your own children.

    • @claz7307
      @claz7307 19 днів тому

      @@melsmith3662 The PSLF is for people who are working in the public sector such as teachers, counselors, and social workers. If you feel those are useless degrees I'm not sure what to tell you.

  • @wcooman1694
    @wcooman1694 16 днів тому +1

    My mortgage identifies as a student loan.

  • @WTFAmerica-wake-up
    @WTFAmerica-wake-up 19 днів тому +4

    The reason we do what we do, is because we all, meaning contractors, know that we have to work together to get one job done. Then the next job again. We build a respect for each other thru jokes and digs to get along and get it done. We are seriously loosing this mentality on the younger generation of you hurt my feelings. Too bad. I barely graduated HS and after 40 years of hard work, I have made a nice life for my beautiful wife, children and grandchildren children.

    • @vikkiconners5081
      @vikkiconners5081 18 днів тому

      Thank-you for your hard work. In healthcare I care for the workers in this country every day. We value and respect you. I don't want tax dollars to go to those who graduated with degrees that don't benefit society. Pay loans for building trades, nurses, policemen etc. See where the jobs are needed in this country. Also see if these loan forgiveness persons graduated. I see people going 6 years and never graduating. Are they actually working?

  • @jaceski5806
    @jaceski5806 16 днів тому +1

    I worked 40 hrs a week going through college to pay for it. It took me six years and only had to take out a $5,000 loan my last year cause it was getting expensive. Granted it was 20 ywars ago and I was making $9.50 an hour as a maintenance man. I dont get these kids who go to school for a junk degree and cant work just so they can have the college experience. Its a joke.

  • @merylparks1584
    @merylparks1584 18 днів тому +1

    Plus these kids most will make 6 figures, I’m not making that, I blame their parents for letting them still live at home into their 30’s without paying their parents a dime

  • @dianetaylor7198
    @dianetaylor7198 10 днів тому

    What about those parents and kids work hard to not take onstudent debt, how fair is that?

  • @jerrymock2833
    @jerrymock2833 17 днів тому

    Sorry Dr Phil don't be offended but this is the only time I listen to what you're saying only because Mike Rowe was there

  • @johngurganus3348
    @johngurganus3348 16 днів тому

    Art Carney on the " honeymooners", worked in the sewers

  • @markp.7165
    @markp.7165 14 днів тому

    Curious how much student debt was for living in plush apartments with pools and gyms and volleyball courts? How much went to bars, hotels and plane fares to Cancun for spring break? Not to mention overpriced universities selling degrees in BS that does not prepare the student to make a living for themselves. You incurred the debt now it is up to you to pay it back.

  • @matthewmason5875
    @matthewmason5875 19 днів тому +1

    No. They should not

  • @stevenmintz1
    @stevenmintz1 17 днів тому

    There is a reason why the fed raised interest rates.

  • @michaelguzman6824
    @michaelguzman6824 17 днів тому +1

    Mike Rowe for Labor Secretary 🧐

  • @lilyjane3137
    @lilyjane3137 18 днів тому

    My single mom did one of these jobs