Biden administration accelerating latest debt-relief plan



ABC News’ business reporter Alexis Christoforous breaks down the latest debt-relief plan as it starts for some recipients.

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#news #studentloans #debtrelief #abcnews

Original source (ABC/Youtube)

44 comments

  1. This is an insult to people like my dad who paid off his entire tuition by working a summer job! Yes, he paid his entire $2,000 by himself with no loans!

  2. Biden buying votes with my money again!!!

  3. Biden’s obvious ploy to buy votes in the 2024 election 🙄

  4. Pathetic plan to purchase votes. Each of these desperate efforts have failed yet the demonicrats keep trying the same thing over and over expecting a different outcome the very definition of insanity. 😂

  5. Senile Biden is spending other ppl's money.

  6. This has to be a joke. I’m all for slf but this isn’t enough

  7. Rediculous since Biden was told he had no authority to do that

  8. What MESSAGE does it say when COLLEGE GRADUATES dont PAY their DEBTS like the REST OF US? College degrees are WORTHLESS…they produce a LACK OF ETHICS…they are SOCIALIST precursors…they retard INDUSTRIOUSNESS?! I PAID my college tuition while working as a carpenter. Didnt need nor want a handout or "affirmative action". I am BETTER for it.

  9. Why do they keep giving everyone else money except the poor?

  10. If you had less than 12k in debt and haven’t paid it off in 10 years with 120 payments there is a problem 💀

  11. Too bad the students aren't illegal settlers from isreal or somewhere else, then you know they'd get help.

  12. As always bytch biden trying to buy votes.

  13. Ah ignore the SCOTUS. Ignore CONgrss. The way of Commicrats.

  14. Accelerating = election time trying to buy votes!

  15. Did Biden do this so states would have more money dealing with all the illegals coming into this country? He's a waste of oxygen.

  16. I have a loan, it's a home loan but will Biden pay me at least 12k for that? Or do I have to irresponsible to get a handout?

  17. If going to college is supposed to result in gaining skills to get a better job, then just why do these students need their loans canceled?

  18. The public should be reminded that Democrats don't "have" the Senate, because the filibuster means a 60% majority is needed to pass bills that a Democrat-majority (51%) House of Republicans approves. This has obstructed Biden's attempts to fulfill many campaign promises, yet could be fixed by a bigger "Blue Wave" in Congress!

  19. Dems reward losers with freebies

  20. I need some loan forgiveness for some credit card debt and my suv. You think the Democrats will illegally help me out?

  21. Geez, how do you still have a loan after 120 payments if you borrowed only $12k?

  22. Mire free shi# for booger nosed libtard snowflakes !

  23. I don’t know what the average undergrad debt load is, but I bet it’s more than $25k. Since most income-driven repayment plans already forgive balances at 25 years or less of on-time payments, then this new plan literally does nothing. I guess it might help people who signed up for college and decided early not to finish and also dropped out before getting new loans. That doesn’t bother me at all to give people a break when they didn’t get a degree, but it’s annoying that this is being marketed as broad student debt relief. It’s not. It’s extremely narrow and won’t make a difference for most people.

  24. I don’t check any of the boxes Joe is fond of and I paid my way through college…any chance he’d pick up the note on my F150??

  25. With 45 million with student debt, it’s a bit too convenient to use tax dollars to buy the popular vote right before an election. He also had 4 years after he campaigned on this same empty promise.

  26. Stealing from taxpayers to bribe for votes.

  27. So college is free unless you paid cash.

  28. Crazy how fast this is fast tracked right before the election…

  29. He really need those voters huh…

  30. The president that rewards dead-beat people.

  31. Is he gonna bypass the supreme court again to make it happen?

  32. Come to America! Free college education, food stamps, government housing. America the land of the free and everything is free! It’s great.

  33. Bribing people for their vote comes in many forms.

  34. Can't buy votes on the cheap. Try Free Cash for Life, $1000 a month.
    Can't tax the rich, they bribe, er I mean donate to PACs. Tax the poor, say $2000 a month for life.
    Or promise to bring back coal powered NASCAR like Trump. With free Billy Beer.

  35. What about Parent Loans?

  36. Didn’t the judge denied this