Biden Calls For Canceling $10,000 In Student Loan Debt | NBC Nightly News

President Biden said he’s willing to forgive $10,000 in student loans, but some experts say it won’t tackle the root of the student debt crisis.
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Biden Calls For Canceling $10,000 In Student Loan Debt | NBC Nightly News

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45 thoughts on “Biden Calls For Canceling $10,000 In Student Loan Debt | NBC Nightly News

  1. That's just great . I very carefully researched my student loan particulars before signing on the bottom line . The paid it all back . Does that mean I'm going to get a refund ? Does that mean all the others that got student loans and paid them back in full going to also get a refund ?

  2. No. You took out the loans, pay it back! It's not up to the people show made smarter choices to pay for you to get drunk and graduate with an art degree. PAY IT BACK!

  3. Biden #$##$ you again!!!! You liberals are losers!!!! No $15 wage, no loan cancellation. You will get nothing and you will like it. HAHAHAHA

  4. Stop giving out loans! Then the cost of tuition will go down. Everyone is being scammed by the universities and colleges.

  5. And another promise broken. He said he would cancel it in the campaign, then his wife commented that 10,000 would be cancelled and now he’s saying debt of any kind won’t be cancelled…lies, lies, lies! Oh, and he said in Iowa that he would find a cure for cancer😆😆😆, yea, sure joe.

  6. In my opinion federal student loans are just like the mafia they own you every month is penalty and interest until the day you die meanwhile they will garnish your wages and and hound you for the rest of your life it's immoral it's a form of slavery. Federal student loans should be outlaw.

  7. Biden Can fix the student loan debt by paying directly to institutions and forgiving student debt. Give students a fresh start similar to those who file bankruptcy. Without it, things will be worst because the new economy Biden is creating which doesn't require degrees means that all the students that went to school to get a degree can be by passed in the hiring process by individuals who never went to school. This is unfair to students who believed what the government said that education was necessary to make Americans competitive with the world and to get quality jobs. What do all the students do now that a new economy does not require 4-8 years of education? It is only the right thing to do. So forgive all student debt. because now, degrees will no longer be an advantage. Covid-19 impacted everyone including students! $10,000 is not enough. Most students spend over 50-100,000

  8. You "college" students made a bad financial decision. Do not put this on people that got a useful degree and paid it off, and on the backs of actual working citizens.

  9. As a Republican, this is the one thing I was really hoping he would come through on. I should have known better. Looking at what future students will pay will not help us who have that current $1.2 Trillion college debt. And we are the parents of those future students you silly Democrat.

  10. When are people going to take personal responsibility for their actions?

    A college education is an investment. You are free not to take it. Society at large is not responsible when you make a poor investment.

  11. Ohh,excuse me.Welcome to life!!!!!Bunch of snot nosed lil bratts!!!!! Here's my proposal!!!!!I don't wanna pay my fkn mortgage!, maybe I should protest.You "kids" chose this and made a commitment to pay your loan back!;Why the fk do hard working people like myself have to pay for your lack of commitment??? Quit catering to these fkn idiots!!!!!!!!! Look who's pushing for it. DEMOCRAPS

  12. Whatever the people who couldnt afford to go to school and have no education get nothing while the people who couldnt afford it and went get a free education. There wouldnt be the problem with loan interest if the people who couldnt afford it didnt go would there. They create the problem and then they want relief from the scenerio there poor decision making created both situation with the rates of school and there personal finances.. sorry you signed up for the education now pay your bill

  13. Great President Biden, since the Constitution guarantees equal treatment, then I get to deduct $10,000 full tax CREDIT taken straight off my taxes.
    Tuition is dirt cheap. In State Florida State University $6k. Its only when the students think they have to have a dorm that it gets expensive. Who couldn't handle $24k loan for a 4 year degree, when you will be paid $60k minimum upon graduation. If you take a real major like Engineering.
    So tired of the slackers always trying to scam money off others to pay for more slacking.
    Why not get a second job or a side gig? Many do, and they have plenty of money to pay their student loans but they keep the money and beg and cry for taxpayers to pay their way.

  14. I'm drowning in $10,000 default of student loan from my son's school UEI Riverside. He didn't get a job placement. He was only able to get a security guard job. This was in 2017. That the loan was approved for $5000 now it's $10,000.; I tried to arrange payment but the only thing the collector for the Department of Education said they can bring it down to $9000 if I paid in ,30 days. I said no thank you. I need my loan forgiven. I can't even get financial aid for myself to go back to college. I paid out of pocket last srmester

  15. So people who payed their debt too bad people who kept thumbing their nose at their responsibility get a free pass .. gotta love it

  16. If anyone forgives a debt, they will most likely get paradise if they are Muslims. If it. Is a nonmuslim who does not yet understand Islam, and forgives a debt, he or she will most likely get paradise. If a nonmuslim who understands Islam and refuses it from God , nothing will save them from a permanent place in the hellfire – if they continue to defy it until death. Unless God decides to exercise his mercy, just because he's merciful .

  17. I'm so confused?
    The lady asks "how will you make that happened?"

    and Biden said, "I will not let that happened." But then right after it, the reporter said Biden wants $10,000 loan forgiveness.
    So does Biden want or doesn't want loan forgiveness?

  18. I think all I owe on my student loans is interest at this point. I only owe another 2 or 3k. Having it wiped would be a blessing

  19. Yes, it's sad. I started making my payments since 2010 and I still owe the same amount. It's disheartening. You rack up these student loans to get minimum low wage paying jobs.

  20. I'm on the G.I Bill, so school is essentially free. I want to take a fasfa loan for 10k, and I'll graduate in 2 years. What are the chances the 10k forgiveness will replay the fasfa loan?

  21. Make community College free except for books and lab fees for students. Then when they go on to a four year school, they are responsible for paying they own way.

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