Biden announces arrangement for student loan debt forgiveness



President Joe Biden announced an “income-driven repayment plan,” giving debt relief to people earning less than $125,000.

SUBSCRIBE to ABC News on YouTube: https://bit.ly/2vZb6yP
Latest updates: http://abcnews.go.com/
Watch FULL EPISODES on Hulu: http://abcn.ws/3bzvQQn

#abcnews #studentloandebt #biden #relief

Original source (ABC/Youtube)

25 comments

  1. He reads out "pause" at 20 seconds…it was an instruction for him to pause to give emphasis; this guy needs to retire!

  2. So, we have a loan program that doesn't have to be paid back by the borrower but instead paid by the taxpayer. Logic says we end the program immediately.

  3. Joe Biden has placed the Honor of paying student loans to the U.S. Taxpayer's.

  4. 10k only help for a year at most.. after a year, your student loan will be exactly where it was before forgiveness…

  5. Taxpayers will suffer as usual
    The Government can't find 5 Billion to fix the Southern Border but can send 60+ Billion to Ukraine to pay it's debts, it's government workers, and launder back to politicians
    And can find a minimum of 300 Billion for student loans that people volunteered for!

  6. So America chooses treatment over a cure again 😂😂

  7. I think colleges and Universities are scamming students. The information I am getting (to enable me to improve my skills for a job) from these institutions is about the same that I'm getting almost free of charge from regular people who either didn't really complete credits to earn a degree or never even set foot on a college campus. The difference? Students (i.e. myself) are getting charged by these institutions 500 times for the same information (that ultimately lands you a job) that they can get from a relative for free. POINT? The President just handed you more money to throw around today "Mr. College Guy". Mr. President please don't do it. Even if you do, please lessen the amount. All you're doing is making the college folks have a field day. I don't think they care if we improve our life skills or not; as long as students pay up (tuition) and get the hell out (graduate or drop out), then life is good for them (the professors, presidents, etc. etc.).

  8. Sorry black America can’t except this offer ! It’s sucks every way you look at it hey it sucks
    we don’t want solar panels that kill birds we don’t want student loans debt relief
    We don’t want electric cars y’all do
    Like we didn’t want vaccines
    Your can’t even compete wit Donald J Trump if you can’t listen to Americans only what Trump do
    You can’t win ow you know you can’t win
    This America we been threw hurt and pain and Dems care about window panes and student loan debt
    After all of our suffering they can’t sell a vote with all these thing attached
    They not listen to America

  9. Biden stop talking for the Democrates they don’t deserve to be beat like this in mid terms
    Yes they do !!! Over Their pandemic response and their attacks and name calling what we fight for daily burnt cities and iced water headaches we not budging
    Y’all don’t have to either

  10. Did you guys see the video where he says blacks and Hispanics don't own houses?

  11. We the people don’t want your charity we the people want what you owe America
    Why immigrants got more then student loans debt paid and solar panels and weather striping
    The immergrants got what we the people needed which is our tax dollars all of them

    No no no no no tolerance !!! It is a game charger in America alright this would be the stupidest country that survived the pandemic if we excepted this
    We the people rather get restitution off y’all ass over electric cars

  12. Cool, can I get my car loan forgiven?

  13. Democratss want America to be grateful for crumbs while immergrants love the good life off us y’all can’t even compete in a elections let alone win one
    Voting in October 6t th won’t help y’all ass with this damn bill
    Trump offer is way better dummies

  14. Now THIS is the Brandon I regret not voting for! 😎

  15. Student loans ? lol This Bot should think about seniour citizens living on fixed Income trying to live and eat In this ecomoney . He gave us food stamps when C-19 hit and then took them away while food Is still high and rising every week. We should be so lucky but he Is buying votes.Votes I hope he dosen't get

  16. Does anyone remember the stimulus package if you had a kid under 18 you got $600 per child under 18. Did you realize then when tax season came around you were going to have to pay it back??? If you think you’re going to get free $10,000. You’re FKING crazy. This sleazebag president will make you pay it back. They didn’t hire 87,000 IRS agents to let you have free money. Start doing your research don’t be so gullible. They take you for fools

  17. don't hate on this random band-aid-solution bill – hate on the idiots that decided to make it so expensive for you to invest in your education in the first place – developing economy 101 – invest in education

    education is an investment in the future – isn't investing in the future the whole point of the 'american dream'? you have the opportunities to give yourself the best chances possible to attain the unattainable wealth of your wealthy elites? isn't that the whole selling point?

    education should not only be free, it should be incentivised so that people are encouraged to become more knowledgeable so as to give their nation an advantage in progressing with technology and developments – for too long america has been competing within itself instead of the known political/economic concepts that have benefitted Scandinavian countries constantly over the past decades

    this situation is yet another example of america's pay-to-win corporate-interest mentality that hates the poor working classes, makes everything harder for them, and then directs their fury at some dumb scapegoat…

    and then wonders why the country stagnates and divides. Oh well, at least america is the largest country in terms of tax evasion, yep, cool and normal, let's blame some 70 year old dinosaur-puppet for giving too many handouts for the economic problems the elites create and perpetuate out of self-interest for them, their shareholders, and their portfolios, surely it has nothing to do with the largest concentration of wealth monopolies in human history closely guarded by Fox-News-Corp-Daddy-Murdoch's thought control – yep, convince the working classes that you're helping them and then turn them against each other, now that's a sustainable model isn't it, yep, let's keep investing in that.

    Hate me cos you know how many good points I'm making <3

  18. This guy CANT read his own teleprompter!!! He a BUMBLING IDIOT! WHO VOTED FOR THIS OLD, RACIST, SENIAL MAN!

  19. We are focusing too much on the "free" component. There is no free anything but 40-50 years ago a HS degree was all you needed and few went farther. Today you need more education and the system should be extended K-16

  20. Not fair I couldn’t afford college so maybe he can forgive my mortgage

  21. He's not helping anyone. He's creating a national debt around every body's neck for the next decade through there taxes.Criminal simpleton conning students for votes.

  22. I love how all these countries around the world we give trillions to Ukraine get money right away. Americans need help here is a slap in the face here's 10000 good luck why not wipe it all out while you're destroying our country mind as well but no helping Americans is not allowed

  23. God Bless America!! 🇺🇸 “Help is on the way” President Biden 🙏

  24. Can they count working in EMS or healthcare as public service? That would be nice. I’ve worked as a paramedic for several years, none of it has counted toward loan forgiveness.