The Supreme Court is expected to rule soon on Biden’s student loan forgiveness program | ABCNL



The proposal would provide up to $20,000 in debt relief for more than 40 million Americans with federal student loans. WATCH the live stream of ABC News here: https://www.youtube.com/watch?v=w_Ma8oQLmSM SUBSCRIBE to ABC NEWS: https://bit.ly/2vZb6yP Watch more at http://abcnews.go. com/ LIKE ABC News on FACEBOOK https://www.facebook.com/abcnews FOLLOW ABC News on TWITTER: https://twitter.com/abc #studentloans #supremecourt #debt #debtrelief #biden #abcnews #abc

Original source (ABC/Youtube)

28 comments

  1. the sleepy potato has been informed by the WEF that y’all need some of their ‘U.B.I.’ to go with the ‘C.B.D.C.’s’ & the CCP style social/carbon credit system. You WILL be happy with your nothing.

  2. I took out loans to pay for school. I paid them off….why did I do that for?

  3. How do i find a good high yield savings account?

  4. People who kept their jobs & had student loans could’ve continued to pay their student loans, paying down ALL PRINCIPAL. Most people who didn’t lose their job chose not to pay. A bird in hand is worth 2 in the bush as they say.

  5. So they can forgive business loans and everybody is cool with that but helping your fellow American is just too much? You guys are brainwashed if you’re against this forgiveness but not against business forgiveness loans. Absolute bs

  6. I went into the military and they paid
    $ 140,000 off! Also, I learned that 100% disabled Veterans can get loan forgiveness.
    You’re going to have to make a sacrifice somewhere!!!
    People think that they will constantly be in boot camp if they join the military . It was just like a regular job … but better because I was able to travel. We used to go to Rome, Italy on weekends and spent a lot of time in Thailand which was a blast. My kids were exposed to so much…, museums, shopping etc.. My daughter still talks about seeing the Mona Lisa and how small it really is! Happiest time of my life!

  7. The Republicans in congress and the few democrats that backed up the last bill against forgiveness forgetting that next year is an election year and they are pissing off millions of voters. We are not going to vote for people who screwed us over so much.

    And the whole idea that you earn more? What about those who cannot get a job with their degree. I have a bachelor's and a masters degree. I have been rejected 72 times when looking for a job in my field. I had to take an entry level job in a nursing home just to pay my bills. If I never went to college, and just worked full time in the nursing home, I could afford to buy a house

  8. I just hope these children have been educated on finances and how paying money back.

  9. Just PAY Your School Loans like EVERYONE ELSE Did. I worked to pay off my Loans. American Taxpayers should Not have to Pay this for you. ENOUGH IS ENOUGH.

  10. And the churches wonder why no one wants to be a pastor anymore?

    8 years of school for a salary of $40k + housing.

  11. These left leaning news network keep gas lighting the democratic voters and they keep falling for it every time lol. These topics only come around during election year

  12. amazing how many people still look at our generation and refuse to see the crime comitted against us by society, the media, and our own trusted educators.

  13. High yield savings account 🤣😂 put your $400 payment in a savings account that’ll pay .007% on return lol

  14. Business loans were forgiven.

  15. 2020 THE BIGGEST LIE STUDENT LOAN FORGIVENESS VOTE FOR ME 2024 VOTE FOR BIDEN EVERY ONE GETS A FREE HOUSE EVEN ILLEGAL MIGRANTS FIRST

  16. NO NO NO NO NO NONO

  17. I hope they help figure something out. It's tough. Sadly.

  18. Financially literacy needs to be taught in schools. Most people were led to believe that college was the only option they had to get a good job and live the American dream. Nobody explained to students these loans and how repayment works. in fact, they even allowed credit card companies to come on campuses and entice students to incur extra debt. How can you blame these kids for Not knowing something that was never taught to them? Student loans are so predatory they should be abolished. make people pay out of pocket again. That would make College more Competitive and affordable. America is too debt and credit happy. That’s why we’re in the economic calamity that we in now.

  19. The Supreme Court will Rule against the Biden Plan. They absolutely have to….If the voted to support Tax Payer Forgiveness for Student Loans, Who is Next?….Auto Loans?, Credit Cards?, Business Loans?…How about Mortgages?

  20. People are tired of large corporations getting away with not paying overtime; Working 70 hours a week for $1200 per week average .. roughly ($2000÷70 hours, then $900÷70 hours, then $700÷70 hours) is literally slave labor. Then they get a slap on the wrist when they lose a labor lawsuit

  21. If this program does get approved, I imagine Biden is going to do alot more about all this Student Loan Crap going forward, that Student Loans are not immune to Bankruptcy and that Schooling shouldn't be a risk as well. One of the biggest problems I have with Schooling in general is that, yes you may have an interest in pursuing the program you want to get a degree in, but as your in the process of trying to learn the courses your taking for the degree, what if this is not working out for you and now you want to try something else and you made a mistake in taking that course? Should those costs get waived for not completing the courses then if your taking longer to finish your degree program and only charge for the ones you actually do complete for that degree?

  22. Biden supported legislation in 2005 that made it nearly impossible to discharge student debt in bankruptcy court. Why not change the bankruptcy laws back?

  23. Better get struck down unless they want to give everyone free money

  24. If this doesn't pass then any state with a financial gripe can bring suit without just cause. It would be problematic for the court system.

  25. Kick all the illegal Biden "migrants" out…then maybe🤔