The National Association of Scholars’ Neetu Arnold and South Carolina Rep. Nancy Mace discuss President Biden’s commitment to student loan handouts on ‘The Evening Edit.’ #foxbusiness #theeveningedit
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Trump forgave so many loans from farmers and private companies who aren't low income
(some are rich Congressmen) and Republicans never complained
Fact is these students are low income or from low income family who deserve a break
Joe Biden is helping low & middle class family This is good thing
Congressman Mike Kelly had $987,237 in PPP loans forgiven.Congresswoman Marjorie Taylor Greene had $183,504 in PPP loans forgiven.
It is a scam anyways. And also it is another step towards socialism..
The debtor initially gets their money from the government funded by taxpayer money. So the government contributes zero. THEN, the student pays taxes with their real money on the forgiven debt (it's real… look it up). THEN, the debtor pays taxes to the government for the capital gains on the debt payments.
So, in the end,, everyone ends up paying the government, and the government pays nobody because they are just a financial intermediary channeling the money.
This is EXACTLY how socialist regimes steal money from the citizens.
limits of loans on every degree should be imposed. Not let the students borrow however much they want. When I went to college, there were many there that NEVER should have been in college, they were just dumb.
Warren talks like she received 11 million dollars from the education system. What a fake woman
The President is supposed to be able to do this for national emergencies, not on every single thing he wants.
anyone noticed how much our Feds have driven up the debt? They don't even tell us anymore. lol
One reason why college educated people make more money in their lifetime is my understanding to pay back their college loan not because they're educated not because they have more skills than Joe the plumber they're getting paid more money because of their college degree so I believe if they have student loan debt these corporations and companies hiring these college educated people should make as much as Joe the Plumber in their lifetime equal playing field
The colleges will just hike the price up another $10-20 thousand and profit, wipeout, this handout. Students will still be on the hook, just the same. Everyone should know how this is going to work out. Just another lie, lie, lie. Just another screwing for American citizens. Who do you trust??
So this is a total scam So Business owners pay the tax forward if you hire a college grad (I think is a bad idea they have no real world work experience they should have went to a trade school )pay them minimum wage . When they ask for a raise tell them no the student loan tax took your raise. Trade school tradesmen are worth paying the high salaries they actually have experience and a trade.
Make the colleges pay the debt instead of we the people
It's going up
Nobody's talking about colleges requiring more and more credits to get a degree. This increases college cost due to having to take more unnecessary classes to graduate college and receive a degree.
Di ck H e ad Joe Biden.
Joe Biden and Elizabeth Warren, for starters, are complete idiots, they're delusional. All this is is vote buying. It isn't going to work. The Dems have already lost the American people. And you're right about the universities are just going to jack their prices. It's just like hospitals over billing because they know insurance companies are going to pay for. Universities are going to over bill because they know they'll get bailed out by the government so hell let's charge more. That's just simple economics and greed. And of course bailouts get paid by taxpayers. Subsidies is the nature of the socialist government. Nothing's free in this world, when you get something free you better question it because there's always strings attached.
Really, all of my family members paid for all of their family members college educations.
I had to drop out of college after two quarters couldn't afford it went into family plumbing business I am Joe the plumber hate to hear them saying what they said about me
Quit batting your eyes. Tells me you are lying. Geez!
I would say that Biden just broke the camel's back.
I don't understand why my fellow Americans keep asking moral questions of any politician. Asking old Joe if it is fair for those of us who paid off our loans that we should now foot the bill for those who don't want to pay theirs is just wasting your breath. We know that those that will benifit from this debacle are just going to go back into debt again. They are lost and the federal government is just making it worse.
Who cares? We just want to see the false orange idol and his royal orange crime family locked up.
I paid back my student loans over ten years. I have an excellent job in construction and multiple professional licenses. I don't agree with loan bailout, but there's more important things to worry about (like the future of the United States), and maybe the bailout will help get us back on top. Consider the entire country, not just one person.
You never listen “how company handouts (aka subsidies) will affect the economy” Trump hands out 4 trillion dollars for corporations to fat themselves with stock buybacks and Fox never uses critical thinking on how that money will be paid, never asks what the consequence eill be, trillions making corporations richer but the poor atudent in debt cant get out. Fox does not do journalism, this is the most stupid argument I ever heard about student loans forgiveness… they talk like they care about the “Joe the plumber”…🤦♂️
Welcome to the suck.
They’re cleaning the books by forgiving a lot of money that was never going to be paid back in the first place. Fed “loans” a joke.
Buying votes is insane unreal spending our tax money should be impeached now before theres no money left
The price will go up
Biden is stupid
Biden is stupid
This is actually pissing democrat voters off as well. I think we're in for a massive red wave if Zuckerberg doesn't rig the midterms.
The universities will just double the tuition. That's what every entity has to do now….pass it on to the poor workers with the largest tax increases in American history.
– Biden did not pay off One penny of $33 T US national debt, but he is giving billions of $ (borrowed money from China) to pay off Personal student's loans for richer people (income between $60-125 k)!?
– Other low income people borrowed personal loans to pay their bills. Why does Biden not pay off those personal loans?
I'm a 78 year old, who worked for 60 years, went to a community College and paid as I went along while working full time. Now, why should I be expected to pay for "anyone" else's debt. No one forced them to take out loans and there were many who paid their debts. This is just another left wing liberal progressives giving free stuff to people who took om the debt to begin with. I grew up in the fifties and I did not know too many kids back then in my age group that went to college. If they did, their parents could afford it, or worked to pay and succeeded in doing both, that is working and going to school. I don't need to have my tax expense go to this at all. I
😂🖐🖕🥔 is a weirdo.
Is it fair for me to be using the title "POTUS"? ~ joe
Nope
I personally have no intention on paying so pussifed indoctrinated liberals student loan for gender studies. I will not comply
Biden doesn't have the power to do this! It will be stopped by the court.
Seriously, billion dollar war games and no school money. F that you dumbdumbs.
College is a scam 🤣😂
Useless
Colleges have become nothing but indoctrination, they will wake up when they loose their ability to indoctrinate.
It doesn't. It buys Brandon votes. I want my socialist payback for my tuition.
I know how to stop it. The next President will give everyone that didn't receive loan forgiveness $10 thousand dollars. Equity.
so funny
Guess everyone will go to Harvard or other big colleges since it will be free for all the good times they can have. Never mind that they graduate with no knowledge to be able to get a job. They are still teenagers in actions..
Well this sounds like a Bribe to 19 to 35 year olds that the pay back their loans To say that the Democrats are helping them that they’re just putting him farther behind it’s a bait and switch I have them vote for you and then don’t do it