Fox News’ Kat Timpf and Mike ‘Gunz’ Gunzelman react to millions of Americans moving closer to student loan forgiveness with a new Department of Education policy. #FOXBusiness
Subscribe to Fox Business! https://bit.ly/2D9Cdse
Watch more Fox Business Video: https://video.foxbusiness.com
Watch Fox Business Network Live: http://www.foxnewsgo.com/
FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York — the business capital of the world — FBN launched in October 2007 and is one of the leading business networks on television, having topped CNBC in Business Day viewers for the second consecutive year in 2018. The network is available in nearly 80 million homes in all markets across the United States. Owned by FOX Corporation, FBN is a unit of FOX News Media and has bureaus in Chicago, Los Angeles, and Washington, D.C.
Follow Fox Business on Facebook: https://www.facebook.com/FoxBusiness
Follow Fox Business on Twitter: https://twitter.com/foxbusiness
Follow Fox Business on Instagram: https://www.instagram.com/foxbusiness
source
And, 401 k is worthless too ; and students loans will be there for the rest of your life ! Thax Congress ! Now, I'm on public assistance !
What the hell? Student loan should be like any other debt incurred for the purpose of generating business income. Yeah, I hear the value argument, I am not moved. if you get a degree is advanced stupid studies and cannot get a job. then you should eat sht just like the idiot who invests in battery powered pasta forks. Stupidity should have a downside. Step in the goo… pay the price. Guess wrong and your credit will eat it. Welcome to the wide world of sports. Dems are stupid and this is a bad move.
People are just going to keep asking for more and more 🙄
The this is a incentive for Woke Liberal schools to keep pushing mentally ill ideology
LOOK LIKES 👍👍👍👍👍
Is there enough ' B I G G U Y ' hunter Biden money to pay all the loans off? how much DID Joe the Big GUY get from China ? it's so nice Biden is paying off loans for votes. Biden was a ' proffesor ' , He said, for four years when He was in the Senate
The fix: #1 – Government out of the student loan business like years before (bring the price of college down, restructured the program), apply for student loans at the bank like before, #2 – lower monthly due to a manageable (so you can pay it back) amount (shouldn't be as high as a car payment, mortgage or rent), and lastly #3 – additional reasonable payment (requirement) into a high yield account where monthly dividends would be applied to student loan debt (once student loan debt is paid in full, is withdrawn from the program and any money leftover returned). #3 helps to pay down the student loan debt if it is really high.
I love Kat big time. She always hits the spot. Her husband has my envy.
Loans typo sorry
I paid off undergrad and med school student loans. Young people who want to get Liam’s for free need to quite frankly Grow Up.
buying young votes…, without actually improving the employability and the falsified worth of curriculum with the achievable knowledge… studying isn't so much fun, but what you wanna and have will to gain the skills of the occupation
They should only forgive debts on useful degrees – most every liberal arts or humanities degree is not going to generate the economic benefit to make up the cost of paying off the loan.
What about the ones that worked thier hi I off, to pay for college.
I worked full time while putting myself through school. Refusing to take out student loans because of how awful they are. And now people are just getting it their college debt wiped clean??!! after so many people work super hard for it??!! I want ALL my money back that I PAID! REFUND !!
Give a mouse a cookie…
This isn't fair.
Too bad that veterans are not offered this deal.
This will not end here in one year. This becomes another unending program.
College costs way too much. They pay no taxes, their land is already purchased, there is no reason for college costs to increase each year.
The question is whether Biden will be rewarded for canceling student loans. Will his bribe to students work?
There’s absolutely no reason education needs to cost this much. It could be done remotely for practically everything, if it’s even needed at all. You can self teach rather easily. The whole system needs to be streamlined and you can’t do that with government all intertwined
What band aid. The debt is increasing
I have noe idea how Biden (or his bosses) got into this mess. And not only this one, but all over the place. The world is watching, and we would probably be laughing it wasn't that serious.
When poll numbers are so far down they will just buy votes one segment at a time.
The post office received 50 billion bail out for there help cheating the election unions received preference for biding on infrastructure construction jobs private construction can’t even bid on the work the democrats are nothin more then crimanals we will be lucky not to have nuclear winter by the time we get them out of office
VA screwed me out of my GI benefits, my congressmen would do nothing with proof I was eligible (90's), so I ended up taking a student loan. So got no problem them paying for something they owe me.
My daughter paid off her student loan, when you take out a loan you have to pay it back. Don't do it if you think that the American people will pay it back
This wasent to help people this was to buy votes nothin more
To be serious for a moment or two, as in forgiving all student loan debt, there is absolutely no reason why we can't since we are now in the age of QE spending which means that we can use we the people's electronically generated monies which, by the way, includes these students, to pay off all of this student loan debt. This means that we're not talking about one cent of federal income tax monies but again, we're talking about we the people's electronically generated monies which is what QE spending is and something else, don't say printed monies because we never, ever, never actually "print money" for such purposes but instead we electronically generated these monies. It's a difficult concept for most to grasp but this is reality and to deny QE spending is to be living in the land of LaNoisuled.
The entire explanatory narrative on QE spending is called Equity Spending or ES, not to be confused with the more politically correct, Left leaning, in my opinion, inferior MMT explanatory narrative on QE spending.
P.O.O.F.O.O.S.I.E.