Biden Expected To Forgive Some Student Loan Debt In Highly Anticipated Announcement



President Biden is expected to announce a student loan debt forgiveness of 10,000 dollars for people who make under 125,000 dollars per year, a highly anticipated move that some say should have come sooner. NBC News’ Allie Raffa breaks down what the president is expected to announce and whether student debt forgiveness could impact inflation. 

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#Biden #StudentLoans #College

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44 comments

  1. let them pay they do not even work

  2. Just a Democrat buying votes. Nothing to see here. Move along.

  3. Trump forgave so many loans from farmers and private companies mostly white who aren't low income and Republicans never complained

    This is a great news for all people. Fact is these students are low income or from low income family who deserve a break

    It's American dream to go to college but not easy for low income people

    Joe Biden is heiping low income family of all colors

  4. surprise… surprise…
    BANKSTER$ WIN AGAIN.

  5. This is the Fed printing money & giving it to it's cartel banks who hold all the paper on these worthless gender studies degrees… simple as. So many layers to this scam! Did you work your a** off to pay back your loans??? Ha ha suka! Now go pay some taxes… hate to see those 87,000 new IRS agents digging through your garbage can!!!

  6. आइ दुराए त बोलाई छियौ train ला भोसड़ी के

  7. what's causing the most murders and HOSPITALIZATIONS is the recurring infection FROM the covid shot and enhancement of any underlines ailment getting triggered ………………………………..!!!!! NOT THE COMMON COLD !!! Thanks india for helping with murder spree. Gates Payedit off chump change wake up DEMARCATES you are being use as well and your families are in just as much danger

  8. 당신들은 "왜?" 민주 하십니까? 나는 눈먼 "돈" 주워 먹으려고/ 나는 모든 이권에 개입해서 국고를 훔쳐먹으려고/ 나는 국민을 개 돼지로 취급하려고/

    나는 내가 원하는 것은 수단과 방법을 안 가리고 뺏았으려고/ 나는 기래기 모아 선전선동 하려고 / 나는 나에 모든 범죄 사실을 금고에 넣어 성역화 하려고

    나는 민주합니다. 나는 내가 자랑스럽습니다.ㅇㄱㄷ

  9. So, the dictator in charge thinks he can by votes by illegally circumventing congress? Only congress has the power to pass law to forgive a public debt.

  10. (NO SHOUTING) —AND WHO IS GOING TO PAY FOR THIS STUDENT LOAN FORGIVENESS?!! AMERICA HAS NOW BECOME A COMMUNIST COUNTRY!!! YOU BORROW FOR YOUR EDUCATION AND YOU DO NOT PAY AND EXPECT THE GOVERNMENT TO PAY YOUR EDUCATION BILL!!! THEREFORE, THE ONES WHO MADE SACRIFICES AND SAVED MONEY TO PAY BACK THEIR EDUCATION BORROWING, THEY ARE ENTITLED TO NOTHING!!! BUT THOSE WHO EXPECT THE GOVERNMENT TO PAY THEIR EDUCATION BILL ARE ENTITLED TO HAVE THEIR EDUCATION BILL REPAID IN PART!!!
    —IT IS LIKE THE IMMIGRATION SYSTEM UNDER ILLEGITIMATE AND CORRUPT PRESIDENT JOE BIDEN, ILLEGAL IMMIGRANTS WHO DO NOT EVEN SPEAK ENGLISH AND WHO HAVE NO SKILLS AND NO EDUCATION ARE FULLY LEGALLY ENTITLED TO INVADE OUR SOUTHERN BORDERS ON ORDERS FROM JOE BIDEN AND BE ALLOWED INTO THE US LEGALLY BUT LEGAL IMMIGRANTS WHO SPEAK ENGLISH AND WHO HAVE SKILLS AND EDUCATION HAVE TO WAIT FOR YEARS TO IMMIGRATE IN THE US LEGALLY!!! THAT IS WHAT AMERICA HAS BECOME!!!

  11. This is completely unfair to those who have already got loans and/or paying back loans/have saved. Now they are paying for those who ar entering or at college.

    This is a desperate bid by Biden who knows that he is on course to loose in November. This is unfair and dishonest.

  12. I HAVE 3 GRANDDAUGHTERS….ONE JUST HAD TO GO TO OHIO STATE….SHE HAS A SMALL FORTUNE IN STUDENT LOANS. MY OTHER 2 GRANDAUGHTERS…LIVED AT HOME AND WENT TO A COMMUNITY COLLEGE…THEY ARE DEBT FREE. ALL THREE GRADUATED WITH THE SAME DEGREE IN NURSING. THE ONE BAWLS AND SQUALS ABOUT HER DEBT…THE OTHER TWO JUST SMILE. MY GRANDSON WENT INTO THE ARMY AND SPENT FOUR YEARS IN AFGHANISTAN TO PAY HIS WAY THROUGH A COMMUNITY..HE HAS A DEGREE IN ELECTRICAL ENGINEERING. I HAVE NO SYMPATHY FOR THE OHIO STATE ONE…AND AM VERY PROUD OF THE OTHER THREE.

  13. “Some say should have come sooner”? Why.? Because it’s too late to buy enough votes to swing the midterms? Or “sooner” to cover the millions of us who have already paid off our own student loans? THIS IS A TRAVESTY!

  14. Do you remember when those kids going to college called you a loser well they were right we have to pay for their partying loans and tuitions

  15. He spending money like hunter here people, get this man away from the bar, and for votes, well vote goes broke too by the sounds of it, be careful Americans,

  16. Many of us worked multiple jobs to pay for college and loans. I think this is a terrible idea: typical for a Biden administration decision.

  17. $10 is an okay start, for me personally that would erase about half of my student debt, while for others $10k bay not even make a debt. While $50k would be fantastic, I would rather than the $10k plan gets passed now, and later try to get the $50k debt forgiveness to pass. That's because democrats fighting among themselves doesn't pass or help with anything and it could leave us with no debt forgiveness in the end because no one can agree on a number.

  18. The administration is doing the right way ok central out

  19. Can I have debt forgiveness for my mortgage, car payments, and credit card debt?
    He needs to be impeached.

  20. Biden is not forgiving student loans; just changing who will have to pay them back (the taxpayer)

    Looks like Joe the plumber is going to have to pay for some college debt, even though he and his kids never went!!

    While Inflation and fuel is at a 40 year high. Never underestimate Biden’s ability to F things up!!!

  21. Yes! I knew Democrats would take care of my hard times caused by my bad choices.

  22. As someone who is 40 and paid off my loans early by sacrificing vacations, buying a more expensive car, not going out to eat it is disgusting I now have to pay for other who chose to enjoy those things. More importantly why is a 45 year old single mom who has kids and makes 50k a year have to pay money to help pay off a single 20 something student loan who makes 6 figures???? Isn’t funny the stimulus cap was 75k individual and 150k married, yet this student loan one is 125 individual and 250k married….this is exactly why it’s not for the poor. If they said it was for anyone making under 40k or 50k a year then people wouldn’t have a problem with it

  23. History repeats itself:
    Remember just 2 weeks ago when it was announced that there would be a $7500 subsidy for electric vehicles? And then 3 days later the car companies raised the price of their electric cars by that same amount.

    What do you think is going to happen to college tuition?

  24. So…. couples making $250,000 a year are going to have their college paid for by single mom's, restaurant managers, plumbers and electricians etc. who did not go to college.
    Seems fair.

  25. Your parents are supposed to pay for your education. Why do I have to pay for YOUR education?!

  26. Who is he really helping anyways poor don’t go to College

  27. I used to work in G2A, and my boss delayed half a year's salary, so I decided to expose the company's BUG. You can get a coupon, and you can return your bitcoin

  28. To some extend around like 45k to 50k is fine but not more than that because I have seen lots of law abiding citizens from other countries in US

  29. He should just give all Americans 10,000 dollars instead of cancelling the loans. Then it would be fair

  30. 10,000$ debt relief is merely 1 years interest Feds put on a student loan won’t do sh..t . Those complaining student debt today should be forgiven or lowered is fair because Fanny Mae Freddy Mac and Board of Education started this outrageous interest rate fiasco on student loans at 30-50%. Those in the 1990’s and before never experienced this illegal act by feds so you Morons who are not experiencing these loan shark mobster interest rates by Federal govt. for Congress 401k and retirement money – stop bitchn’. Many students became ill, got cancer, teachers abusing them throwing out of their classes for no reason other than teacher was hateful to that person so now their stuck with a bill and no class this was common. Changing an already required course- forcing a graduate to take 3 more added courses out of the blue, car accidents making a student leave due to no car and injuries, family deaths forcing them to relocate, etc…. Took medical leave only to be told in 2000’s colleges univ. went paperless and lost all their data so no proof of health reasons for leaving school, so stuck with loans that were 10,000$ in a few years their loans they are not using are 30,000$ because of federal interest not the banks federal interest telling banks to implement ungodly charges. And you cannot finish your degree until you pay balance. F – all of you 1980-1990 hacks who are the govt trolling in the media. Eat it.

  31. Hey everybody I’m giving out free money….vote for me.

  32. WE can start by cutting the average salary of a Tenured Professor making $244,000 per year
    to indoctrinate students into Marxism.

  33. The Guy needs to buy Votes. pathetic does not even describe Biden and his continued destruction of the US. He won't be satisficed until he turns the US into a Third World
    Dystopia.

  34. So much on going to college, and becoming responsible, educated graduates,

  35. Great deal, colleges teach students Marxist philosophy so they'll vote Democrat. Then when the students graduate with useless degrees and can't earn much in the free market, the Democrats "forgive" the loans with the money of people who didn't go to college.

    Then these "grads" continue to vote Democrat, in gratitude – and the cycle of useless degrees creating Democrat voters continues. Liz Warren loves it because high tuition made her $400,000/year Harvard salary possible (along with her phony claim to be an "American Indian", which moved her ahead of the line).

  36. Student debt isn't about irresponsible young people taking out more loans than they'll be able to pay back.

    It's about a corruption cycle between loan companies, lobbyists, and our lawmakers, designed to make them rich and powerful — AT YOUR EXPENSE.

  37. Don’t take out loans you can’t pay back. Think about going to a trade school

  38. Total global debt 2021. 303 trillion . Joe Biden goal for U.S. debt before his term is finished 304 trillion. Keep printing that money Joe , ink is still relatively low in bulk price.

  39. What about if you shared a crack pipe with Hunter? That has to be at least 30k worth of relief.

  40. They'll respect you LESS as if that where possible. But whatever. Buy love from whores par for the course

  41. 50k should have been the real deal

  42. Joe Biden how about announcing you will secure U S borders with Mexico,close the BORDER, FENTANYL is killing U S KIDS and adults close it to illegal caravans, too dangerous for CITIZENS and COUNTRY