Biden announces student loan forgiveness plan l GMA

The move forgives up to $10,000 for people earning less than $125,000 a year or $250,000 for a couple. It also forgives up to $20,000 for low-income borrowers who received Pell grants.

#ABCNews #Biden #StudentLoanDebt


Author: Rafael


49 thoughts on “Biden announces student loan forgiveness plan l GMA


  2. What are you gonna do to people like me who had to drop out of college for financial reasons & chose not to take out student loans? Where’s my $20k, Mr. President? Nvmd actually, I’m gonna ctb soon anyway. Fvck this life

  3. The Democrat's will forgive more debt every time their poll numbers are in the toilet. The American taxpayers are on the hook for $400 billion… far!

  4. I think I'll go ahead and pick up a brand new Lamborghini from a dealership on low monthly payments because surely, I can just whine about it later and the government will introduce an auto loan forgiveness plan.

  5. We worked hard to pay for my kids to go to collage. We sacrificed doing and having things to save money for this. Now I am being told I should not have done that. Each of my three children could have gotten $20k to start their lives but instead I am paying for somebody else. Somebody else I don't even know and who could be bothered to save for this. This is completely unfair. I hope the Biden Admin will pay me back the $60k that he owes me..

  6. I remember Male & Female genders. I remember affordable Gas & Groceries. I remember Peace & Freedom. I remember when we elected our Presidents.
    I remember Trump. 🇺🇸

  7. If you are a US taxpayer, time to vote for someone else, or leave for another place that uses the taxes to serve honorable, accountable citizens. Don't pick up the tab for people who have no personal responsibility.

    If you are a US citizen, look towards Puerto Rico. Act 20/22/60 allows almost zero income taxes, while safely keeping your US citizenship.

    You can keep your US citizenship and not pay income tax up to 120k if you work and reside in another country for 330 days a year.

    If you are willing to give up US citizenship, look at YouTube channels like Nomad Capitalist and Offshore Citizen.

    At a certain point, when your taxes benefit freeloaders more than you, it is better to leave.

  8. Ten thousand dollars per student loan forgiveness plan. Sheeyit, it's a ploy to increase his ratings. A bunch of people will get a huge reduction and whine because it's not more. What about me? I had to work my way through my degree because I couldn't get "student loans" back in the 1970s. Do I get a break at all?

  9. It baffles me how so many people are OK with bailing out greedy banks and failed corporations but not working class people who made the effort to get a higher education so that they could maybe have some shot at a middle class life; and were only able to do so by taking out predatory loans with high interest rates. The whole "I had to go through it so you should too" attitude is selfish, immature, toxic and short sighted. This will actually boost the economy significantly. If you want the economy to crash, watch what happens when these people no longer have disposable income to spend on the bullshit trinkets and widgets that keep the wheels of capitalism turning. This will benefit everyone in the long run even all the naysayers with a chip on their shoulders.

  10. Beware this is JUST A PLAN NOT YET SIGNED AS LAWS..Therefore, those still owed Students Loans do not make late payments as it is the government's regulations NOTORIOUSLY slapped anyone with late fees and penalties with no explanations needed to justified their misdemeanors actions which I PERSONALLY GOT SLAPPED to black & blue deepest to bone marrow with these government's officials illegally misdeeds of actions at their 👹👺pleasures to see myself & others squirming in misery..😑..
    Dear Mr. J. Thune and Mr. McDonnell,
    If you think this plan isn't going work out and you Both R afraid people would take "advantages" to zeroes in the balance as those bankruptcy whatsoever # chapters that Trumpets and Other's scumbags had taken advantage to cheated their contractors as well as their investors from paying back their DEBTS IRRESPONSIBLY..Is it FAIR according to the democratic systems free to do whatever U wanted as big shot government's officials and/or wealthy elite clans?🙄😏? You R right Mr. Biden 🥀, is it FAIR for those who work hard to earn higher educations for their own betterment individually well as the Nations of yours as wholesalers the next-generation to DO NOTHING ELSE'S better and best @ Flipping McDonald's saving enough 💸 💵 so they can followed Trumpets to flip goofy courts then move on to Flipping the entire Nation that is legitimate recognized worldwide as 🇺🇸 👇 the Pacific's and Atlantis Ocean's since 🇺🇸 is sandwiches 🥪 between Both of these Ocean's anyways..My comments R not meant to aiming to any particular individual personally out of personal interests in per se..My contributions R 4 mainly community services that R my ways to "pay back" whatsoever I had received from AMERICAN'S 👌Beast Elites clans who had perfectly designed rat maze trapping and meant to destroy I or perhaps whatsoever was planned had backfired and let me SHOWING U The BEST VERSION OF THE REAL ID of the Person I am NOWSADAYS..No needed to send Thank you cards or flowers..We R Even ==0 debts..No one owes anything to anyone except for compensation according to TORT LAWS defined Bi's Laws per States & Federal Courthouse..Period..

  11. surprise… surprise…
    This is the Fed printing money & giving it to it's cartel banks who hold all the paper on these worthless gender studies degrees… simple as. So many layers to this scam! Did you work your a** off to pay your loans back??? Ha ha suka! Now go pay some taxes… hate to see those 87,000 new IRS agents digging through your garbage can!

  12. ing through college rn working full time and no one’s gonna pay for my tuition. These are full grown adults hold them responsible for what they sign. Specially for people making 125,000 or less???? Id understand for maybe the avg salary of 40-55 but not for high class that’s ridiculous

  13. So the “leader” of the world says that transgender for children is normal? How can that be? God will surely bring judgment to this world specially to those in power no wonder the west is falling apart

  14. In case you missed it…this is not about the borrower but the lender. The borrowers are failing and the lender, i.e. the banks cannot afford the default. So guess what???? Bailout time yet again. The reality is, like it or not…the DNC/RNC serve the same masters…the super rich bankers.

  15. So those that worked, struggled, and paid student loans are getting nothing at all? 🤦‍♂️ I guess the only ‘benefit’ would be having to pay for this thru my taxes.

    Yea. Good one Biden. Screwing over those that were responsible and paid their loans; regardless of how much struggling we went through.

  16. Doesn’t even know what it costs…democrats need a reality check…vote against every democrat on the ballot…this is war on working middle class Americans…so QUIDPROJOE can buy votes…deplorable

  17. Just
    Politicalized Liberal Govt. Corruption ! Clueless , Biden ! If Old, Senile, Joe Biden Is Moving His Lips ,….. He's……. LYING ! Let's Go Brandon ! Just Pathetic ! Biden Is A Lying , Corrupt, SENILE , Liberal Controlled Puppet ! A Complete EMBARRASSMENT For Americans , And Is Joke Of A Leader Of The Free World ! No One , No One Respects Biden And The Liberal Controlled Media Desperately Covering For Biden's Mistakes And His Liberal Agenda Hurting And Destroying Our America ! Biden And His Liberal Controllers Have NO CLUE Of The Damage They Have Done ! Out Of Control Border Illegal Immigration, Gender, Racial Divide , Identity Policies , Staggering Inflation/Gas Prices Are All BIDEN'S FAILURES ! Biden's So-Called 80+ Mil. Votes ? Who Really Believes That ? …… Come On Man !

  18. The idea of going to college to get a better life is such a lie. No wonder we need people like teachers or other public servants who don’t get paid what they are worth. Who would want to spend $60k in student loans to be in debt for the rest of their lives.

  19. Lets see tax increases, 11 dead Marines, Americans hanging off the plane wings as it left Kabul, Americans still left behind to this day, $71 billion in military equipment given to the Taliban and their terrorist friends in Afghanistan. Record high gas price's, 40 year record high inflation and getting worse, crime out of control, Democrat District Attorneys revolving door for criminals in Blue states, Millions of illegal aliens (2.3 million to date), drugs and terrorists crossing our southern border compounding an already out of control homeless and drug problem and Biden does nothing.

    I didn't vote for the moron.

  20. A campaign promises that took eighteen months to fulfill.
    A desperate play for votes in the mid-term elections.
    Let's hope this baffoon doesn't have the authority to pull this scam off!

  21. "And I saw the dead, small and great, standing before God, and books were opened. And another book was opened, which is the Book of Life. And the dead were judged according to their works, by the things which were written in the books.
    The sea gave up the dead who were in it, and Death and Hades delivered up the dead who were in them. And they were judged, each one according to his works. 
    Then Death and Hades were cast into the lake of fire. This is the second death. And anyone NOT FOUND written in the Book of Life was cast into the lake of fire." (REVELATION 20:12-15 NKJV)

    Today, while you are still alive and able, may you repent from your sins, believe in your heart and confess with your mouth that JESUS CHRIST is your Lord and Savior, so that through Him, your name will be written in the Book of Life.

    "For God so loved the world that He gave His only begotten Son, that whoever BELIEVES in Him 
    should not perish but have everlasting life.
    For God did not send His Son into the world to condemn the world, but that the world through Him might be saved." (JOHN 3:16-17 NKJV)

    By God's GRACE ✝️, the gift of Salvation and Eternal Life is available to all. You can RECEIVE it. You can REJECT it. May you choose wisely…

  22. Load of Schits..

    Rush.Elon .Steve Jobs..Bully boy Gates..many More..DROPPED THE SCHOOLING…read the same Books. as the College and Universities . .
    Gluck with BRICS..

  23. Even as someone who got a free ride through studying my &@% off and applying for scholarships, I'm not fundamentally against the idea of forgiving student loan debt if it helps the economy. But it HAS to come with some long-term plan on how to drastically cut the insane prices that caused this problem to begin with. Otherwise, you will just see prices go through the roof as this causes demand to increase, and we will be back at square one. I don't think Biden is thinking nearly that far ahead.

  24. Tuition costs are high because of the ease in which students were able to borrow money. Demand exceeded supply. Now, they don't even have to pay it back so tuition costs will become even more expensive because the nessage is that you don't have to pay your debt. My other thought is that if a couple is making $250k and still can't pay student loans, there is no helping them.

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