Finance expert reveals what Biden ‘is not saying’ about new student loan repayments



‘The Ramsey Show’ co-host Jade Warshaw explains how U.S. student loan borrowers will wait up to 30 years to become debt free under Biden’s new handout plan. #FOXBusiness

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47 comments

  1. College is a choice. Not our responsibility if you didnt pick a degree that could suffice. I got a CDL in one month for $5k making $50k now im 1st year. Why should i pay for your gender studies??

  2. I'm working a full-time job while in law school to pay the tuition; these students should do the same. Instead of taking a free ride on my tax dollars.

  3. All these students who got a loan should take a financial course!!

  4. Education should be affordable. Instead the government and institutions chose to take advantage of the working class. The citizens who want to contribute to society/economy in a positive way. Every person who took out loans got preyed upon and squeezed dry with promises of a good money and a better quality of life. That’s not what happened. People in charge got greedy. Next thing you know your paying $500 for a text book you can’t even sell back to the school (Baker College Policy circa 2007). This is simply Karma. You cannot achieve a positive reaction from a negative action. It’s impossible. In the end eventually everyone’s BILL COMES DUE!!!

  5. Am I going to get a government bonus for being responsible and paying off my student loan? Course not so why should these people people be rewarded for failure? This is almost as bad as the government giving tax-free money during covid for people to not work and taxing the ones that were working.

  6. Imagine you owe all this money and you majored in Humanities or Gender Studies😂😂..then you cant a find a job that is related to your major so you end up working at Starbucks, then you found out Starbucks could have paid for your college tuition on line with Arizona state…btw, this is not a "student forgiveness loan program "…its more like a pass from "your" responsibility act😂😂😂

  7. Todd, who smiles and says "this is a shrewd move" by Biden, is an idiot who mocks average voters who are harmed by this.
    No, you idiot, it is a monstrous manipulative lie and the commentators should call it out – it has to be stopped and the Republicans have to stop the lying, cheating Democrats from using this as an election strategy before it again fails at SCOTUS. A Federal Court must issue an Injunction to stop it and take away it's benefit until it gets struck down again by SCOTUS

  8. Im just not going to pay it im trapped with no extra money to live wages are crap

  9. everyone wants free, free, free. Especially liberals. It ain't free it's my taxes you are stealing.

  10. Would cancelled student debt be considered income in the same way that debt eliminated by bankruptcy is?

  11. I did the opposite of the people. Joined the Navy right out of high-school. Spent 6 yrs in, learned to be an aircraft mechanic on the government's dime, bought a house on th GI bill. No debt. Got a job with a major airline, made good money. It can be done people. But you have think and sacrifice. Btw I was in the navy from 76 to 82

  12. Students now need to be responsible for their debt just like alot of us had to! CANCEL STUDENT DEBTS! ❤

  13. These income driven plans are a JOKE! Just 5% of discretionary funds??? That’s nothing! Why would anyone bother to pay back their loans if they qualify for this absurdly generous plan? As a taxpayer, this is disgusting.

    Is anyone even tracking which universities and which educational tracts are ending up in these income-driven plans and asking why??

  14. CNN and Fox are propaganda channels. Never watch them.

  15. THANK YOU JADE, SO HAPPY TO SEE YOU ON THE PANAL. ❤😊 VERY INTELLIGENT 😊

  16. What is bait and switch ?

  17. COME ON MAN need to impeach SLEEZY JOE now and in a month you will be able to impeach the LAUGHING HYENA better to take our chances with the 3RD IN LINE then these two

  18. Will there be someone to do their jobs for them too?

  19. Their isn’t one unless he’s paying out of his pocket!!

  20. If we, the tax payers have to pay off these student loans, we should be able to claim all of the degrees that we have paid for and the students who benefit from this government welfare program should have to start all over if they want to earn and pay for a degree, however, no more affirmative action or scholarships

  21. Get a job and pay your student loans like all the hard working people b4 you your not special

  22. Just get more money. This ladies husband gave her $280k so why can’t you?

  23. We kept paying payments on my daughters loans. Was nice it was all principal payments, no interest. Stayed focused and just stopped doing the extras and kept focused. Got it done.

  24. 😂😂😂😂 this is not surprising for this administration. Wake up American…. Vote red in 2024

  25. THIS IS A PAYOFF FOR VOTES! HE COULD CARE LESS ABOUT LOAN FORGIVENESS?

  26. How's the ratings Maria, dying news channel. Rearranging the deck chairs on the Titanic. 😂

  27. National average of reading comprehension is at 7th & 8th grade levels… college obviously isn’t worth much anymore.

  28. When people struggle to just get by, they have no extra money to pay down debt.

  29. The guy who promised loan forgiveness is a great big ole liar. Now look what he stirred up.

  30. Wouldn’t students be required to pay taxes on any debt forgiveness? I believe the IRS would consider that as income.

  31. A small business owner told me he had a hard time filling an entry level position. He said he had lots of applicants but one of the most important criteria to him was, "What did you do during the pandemic." He won't consider any person who lived off the government or someone else. He sees this as a great way to sort the slackers from the go-getters. This seems relevant here because go-getters are out doing things to get their debts paid (or just pay cash) while the slackers are waiting for a hand-out.

  32. They could have at least kept the pause on interest to help give some relief.

  33. Maybe Biden could pay student loans with all the foreign bribery money him and Hunter have taken.

  34. Hunter Biden owe $ 160,000 dollors to IRS that would help 16 students loan. I guess bidens dont have too but poor people do.

  35. Higher education on how to be a sponge

  36. Everyone needs to see this!

  37. Stop taxation! It helps all Americans not just a few that didn’t learn how to pay their bills!

  38. This wannabe dictator needs to start following our laws. How is this at all acceptable. It really sucks going from the reining world power to a 3rd world country in less than 2 years.

  39. I can't believe these lowlife who took out these student loans partied with it traveled with it dropped out of every course never went to college want their debt dropped of course while the students who took out the loan and went to college and worked hard and then work hard to pay off their loan are being punished for being academic achievers and frugal hard-working what the hell is the matter with America and also who's going to pay off the bond holders who financed all these student loans the taxpayer

  40. The root problem was allowing our universities to morph into for profit institutions. Secondarily, telling this generation of students it's ok to take on huge debt for an education that for most won't yield a big enough difference in income to repay the debt will go down in history as another huge blunder.

  41. I paid My student loans! You do you!

  42. Students biden is promising you new way to cancel the loan . Don't be gulible. He is doing to buy your VOTE. YOU will be disappointed because he will tell you when the time comes he can't deliver. He will be stopped. Why should other people pay for your
    debt. I have my own debt to pay. You are not entitled. biden is LYIMG

  43. This is Joe's sleazy idea of buying loyalty. He thinks people are as stupid as his family members–buying votes is the real reason.

  44. Iam not paying anyone's debt! Why? It's your choice and responsibility! Own it!