— and in many cases eliminated — under the long-awaited forgiveness plan Biden announced Wednesday, a historic but politically divisive move in the run-up to the midterm elections.
Some said student loan payments that are cut or cleared could give people more money to spend elsewhere.News4JAX spoke with an economist about this idea.
Total lie!
‘Experts’ 😂 Stop the propaganda! You can’t erase debt. Someone always pays!
Media is Trash
What does that mean for future college students? It means the government did nothing to fix predatory loans and failed to require Money Management 101 for anyone with future student loans. Dems don't have enough votes for the November elections means vote purchasing programs.
This was a campaign promise, it was not done to combat inflation.
I don't think that student forgiveness will help citizens BUT I do believe that free 2-4yr college degrees would help to change people's lives markedly.
Are these the same experts that said vaccine was 99.9% effective?
Experts haven’t been right much lately
Our great society. 🦊📚👈
then those asked are not experts
Same experts who told us inflation was transitory
Fake News
That is absolute Bull$hite! a trillion dollars in dept cannot just disappear. The loans must be repaid by someone. It will add to the deficit, increase inflation and we will all be poorer...
Same “experts” who wouldn’t admit inflation until forced to do so over a year late? Good talk.
Somebody has to pay back 1 trillion dollars.
Um, we are in heading right into recession. Clearly we need new sources for ‘experts’. SMH 😞…
I'm sure this will be 'safe and effective'
If anyone in America today still trusts government 'experts', they should probably seek mental health treatment.
Biden does not have the authority to do that. Lying bs to get votes.
As someone who stands to gain from this, I think it is horribly unfair and probably illegal. Congress has to authorize such nonsense anyway. I never asked others to pay my loans.
While the rest of us will see our retirement savings continue to fall in value due to this vote-buying scheme.
'Minimal' half a point isn't minimal
It’s only going to have minimal impact because of all the other garbage passed that will require even more printing of money.
😡😡😡 studentloanforgiveness
🤬🤬🤬
Who needs discipline and responsibility?
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How many Utahns will benefit from student loan forgiveness? And how soon?Collectively, Utahns with outstanding federal student loan debt owe about $10.2 billion, or over $33,000 per person. More than 100,000 of them are eligible for relief under the plan. But BasedMikeLee said this was only going to benefit Californians living in their Hollywood producer dad's basement with PhDs in Gender Studies! You mean to tell me this is actually benefiting 100,000 Utah voters? waytogobrandon What is the total amount of PPP loan forgiveness in UT? Total amount of bankruptcies by state legislators?
Source: sltrib - 🏆 316. / 61 Read more »
Biden proves he can't be trusted on inflation, even if saved by the FedIf inflation subsides enough by November that voters keep Biden’s party in control of Congress, there is no reason to think they won’t keep feeding the inflationary fire in the belief it will keep paying political dividends in 2024, writes JimAntle. jimantle Do not feel obligated you guys have to always make your dependency on hiding behind fallacies so obvious to everyone. jimantle LIAR! Wages aren’t up but prices are.
Source: dcexaminer - 🏆 6. / 94 Read more »
Ocasio-Cortez rejects 'scarcity mindset' as GOP attacks student debt relief'Maybe student loan forgiveness doesn't impact you. That doesn't make it bad,' the Democratic lawmaker said Saturday. It does impact me i will have to pay for other peoples bad decisions that i avoided. She's right. Food stamps don't affect me. I'm more than happy to help those who need them. Look how straight the lines are on the highway. A man could get highway hypnosis like that.
Source: Newsweek - 🏆 468. / 52 Read more »
'People are paying a lot of money': What students say about Biden's loan forgiveness plan.ABC News hit the road to the University of North Carolina at Chapel Hill to hear what students had to say about Pres. Biden's announcement on forgiving student loan debt. Democrats are worried about midterm elections. That’s the story. Such nonsense. It’s a political stunt to buy votes. I think somebody should keep track of how many college grads who receive this forgiveness,buy houses. More likely to buy more pot. This is like going to the food shelter and asking if the people like the free food!! Crazy and fake news is in on it!!
Source: ABC - 🏆 471. / 51 Read more »
Do You Make Too Much for Student Loan Forgiveness? Here's How to Figure Out Whether You QualifyIf you're one of the millions of Americans with student loans, President Joe Biden's forgiveness plan may be welcome relief. Here's who qualifies: Lucky you. I went to trade school so I could actually make money. When will I see my check. If you got a lot of debt, I’m still not sure what level of relief this will give to equate to any change in life. Theater IMO.
Source: NBCPhiladelphia - 🏆 569. / 51 Read more »