More than 43 million Americans owe a collective $1.7 trillion in college debt with experts calling it a student loan crisis. NBC News’ Shaquille Brewster is in Wisconsin speaking with recent graduates about how they feel about President Biden’s initial plan in supporting federal forgiveness of student loans.
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I hope that there is some student loan debt relief, because I still owe $13k in student loans after 9 years out of college (I have still been paying during the pandemic). But this is not something we should be doing. One, it's not fair to just give the folks that went to college free money that those who did not go to college have to pay for. Two, this will cause more inflation.
Forgive the 10k you ran on Biden or you and your party are going to get destroyed
Great video that you make.
Drop the interest rate to zero. Then get a job and pay back what you borrowed. It's that easy! 😏
"i'll pay you 10k to vote for Democrat" -Biden 2022
You guys paying 40k a year to dress like harry potter lol
I want a free home, a free car, free food, and free vacations! Today's younger generation just makes me shake my head.
smart enough to graduate college but not smart enough to not take the loans.
So if someone didn't went to college they don't have student loans so this doesn't concern them… As simple as that
Either Interest rate from student loans should be lower. Or If they receive $10,000 forgiveness they shoud be volunteer. They should have these 2 options.
So I shouldn’t have paid mine off, got it 😩
The students are crazy. You want him to forgive your student loan debt great I think they should do something like that but the same students don’t vote.
Do you know why Republicans stay in office it’s because the people behind them vote when the Republicans deliver what they promised to their constituents their constituents vote for them. I hate to say this but the constituents of Democrats don’t do the same thing.
Now you can argue whether student loan debt should be forgiven or not because the government let the system Garage controller because of social any quality or you can argue it shouldn’t be forgiven at all you should have to pay for school if you go to school whatever. One thing is clear though if you want someone to forgive your student loan debt you actually need to go out and vote for those people that are actually going to forgive your student loan debt give them something to stand on at least they can say well if I forgive this debt for these people I know I’m going to get some votes for the next few elections. Sadly college students don’t vote so you don’t see many initiatives focused on them. Guess what the older generations they vote so you see lots of initiatives focused on them even if someone could are you the same exact thing pay for your own medication why should we pay for it. Simple we pay for it because you vote. Every sitting member of Congress theaters one thing more than all not being in office next time around. If there’s a real threat to them losing political power they change their tune.
So I considered going to UW-Madison but instead went to UW-Platteville for engineering. One of the reasons was cost as I didn't want to be saddled wihh mroe debt. I got a degree, got a job and paid off my student loans.
Why should my taxes pay off the loans of people who weren't as fiscally responsible as me? And that's not even taking into account the vast difference in employability among degrees.
To pay off their student loans would be sending the message that you don’t have to be responsible for your choices. Bad idea.
Their choice, not mine. Make a responsible decision and choose a college you can afford or do like my son did and serve your country and get college for free.
Students who borrowed to finance their education knew what they were doing when they did it. Our country is not responsible for their debt. If it is….I want our country to pay for my house and any other debt I choose to incur.
Racial justice ! I cant stop laughing! The race card everyday all day!
Money is an issue that everyone has for better and luxurious life, Life was hard for me until I started trading bitcoin and am now earning $18,435 per week.
Well,how about the debts,that stop spending,by paying off debts,at a lower rate,and sooner payoff,the main objective. I been paying for my wife's,student loans,for year's. I not asking for forgiveness. I just need a formula,to get a credit card, paid off. And, I will pay it. I have,already paid it,twice as much,as she borrowed. Once a month,to starve at the end.
Sucks, but,this is our Life.
This is nothing new. Asking for Money, the rich get money. Now, you want to help, Look at the tax break,that sent Paul Ryan,to retire. The Weasel Den.
College is a business. With that loan you better invest in online courses and actually learn TO DO. That's whats matters to any employer, not an apparently meaningful piece of paper. That would force colleges to lower their prices due to decrease in demand. Ofc some degrees you cant avoid college (medicine, etc…).
Here in Portugal I go to college, but do you know how much I pay? 70€/month (it's pretty much the same all over public colleges, which by no means have less resources than privates. The average salary here is around 1000€). Ofc, I have other expenses with housing which is a big problem here, but still it's unthinkable to go out of college with a debt of lets say 50k€.
Nothing being built back better even with unchecked uncontrolled spending federal debt a record 30 TRILLION that’s right not BILLION TRILLION pay your bills like every mortgage owner
Private sector should pay for student loan not parent.
Government feeds the revenue to the Universities. They can control tuition cost. Otherwise they can tell the Universities they will be excluded from the federal student loan program. It can be done.
If they don't cancel student loan debt. People who either paid for their degrees out of pocket or never attended college at all will be paying even more. You can't function in a society without those who've pursued higher education. Everyone needs a dentist, everyone needs a doctor, society can't function without college educated people. By not cancelling student loan debt. Everyone will be paying more for everything a lot sooner because these professionals will have to pay that student loan bill. When they do pay it, most of that money goes into the pockets of the loan servicers. And they contribute nothing to a functioning society. They only consume revenue that would otherwise be circulating in the economy on real goods and services. The problem isn't the students. It's the loan servicing industry that employs thousand who contribute nothing to economic growth.
Crazy thing is. They going to school to be even more idiots. Voting for Biden was the first mistake. Dont believe anything he says. He wont save yall. If yall so educated then where yall think that money coming from?