Refinance

Canceling Student Loan Debt Isn’t Smart or Fair Response to COVID-19





The Senate is considering a coronavirus fiscal stimulus package aimed at minimizing the adverse economic impact resulting from the pandemic. Canceling student loan debt is an inappropriate response to coronavirus-related economic issues.

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26 comments

  1. What about canceling the debt the us owes China?

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  2. Wait..what?? Hey stop with the ignorance and voting against your own interests too btw. What in hell could be more imbecile indicative than having no problem supporting legislation for automatic and continual without disclosure corporate bailouts who pay CEOs 80 million annually, pay employees at least 400 times less and these CEO's who btw resigned in groves and dumped stocks as soon as they got the early private insider priviledged memo several months back? Furthermore and that said, any who don't support relief from exploitative lifelong student debt slavery locked in for life needs a swift hard kick in their unjust ass.

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  3. Please!!!!!! Once my student loans are paid, I'll be debt FREE

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  4. Nonesense students loans are worse thing forced upon young people of this country. They need to cancelled and then abolished!

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  5. Of course it's fair…..!!!! Who ever says it isn't fair is simply because they're not stuck with one of those loans for the rest of there life if they're working in a job that pays an average hourly rate. So please be quiet

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  6. Yep. Those 17 years old fuckin deserve to make obscene monthly payments for thirty years and never see their balance reduced. They want to buy a house? Pfft. Too bad whiner.
    Also, why are Millennials and Gen Z not buying houses?

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  7. How do we apply for that 30k forgiveness.

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  8. What about the banks and airlines that are constantly being bailed out. Is it so bad to forgive people debts. If those individuals aren't worried about debt that might lead to new ideas and new businesss.

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  9. What if the students who can't go to school volunteer to work at the hospitals and in return forgive a portion of their debt. They will have earned forgiveness of loans.

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  10. Make the people who gave the loans (predators) take responsibility. Many kids were misled. Raise the age of majority back up to 21; the lowering was maybe to make them just more accessible prey for this, abortions, and other stuff. Our daughters took a looong time to work their way through college; they weren't going full time so had to pay taxes on tuition money too. Pays to be a crook in the USA.

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  11. I might consider it a good thing if the universities paid the debts to their own students with their fat endowments (and the generous leftist professors could contribute 50% of their income and usher in their personal utopia) but not the government.

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  12. Where was these same sentiments when government bails out these corporations? It’s seems financial forgiveness is no issue then, but when it pertains to the “people”, everyone wants to act like the damn sky is falling!!

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  13. This just goes to show where your loyalties lie.

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  14. I absolutely agree.

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  15. I am amazed and confused about Americans,you are the best and well armed people on planet earth,but the Socialists push everyone around and make you pay property and income tax,go figure.

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  16. This will never happen, that's why they proposed it to fool you into voting democrat and you fall for it. Do you think if the democrats get into office they will cancel your debt? No. They have been in office many times and never gave a dime. Don't be fools, if liberals were smart, they would be conservative. They should only forgive loans to those that have taken a trade.

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  17. Is anyone aware that the reason the student loans have become a burden (besides no jobs to support payments) is a steady 8.7% interest rate? WHEN was the last time the Elites paid 8.7% on a pricey education? It's a lose-lose for an economy that's beyond decline; too little, too late!

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  18. cool video it was really good

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  19. And how am I supposed to pay back the interest I owe the billionaires and corporations with the market like it is?
    Shame on you. We students are simply trying to advance our society and you're trying to keep us ditch diggers.

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  20. Saul Alinsky would be proud of this modern crop of Democrats.

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  21. The Hollywood celebrity leftists, are trying to use the "Corona Virus" pandemic, to push all their leftist pet projects.

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  22. Loan forgiveness for those who DID NOT graduate or get a degree, used loan monies for a car, vacations, drugs and Bit Coin investment MUST NEVER HAPPEN. Only forgiveness for those who are working, filed taxes last year and those in the medical, law enforcement and first responders field.

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  23. Are you insane? You're protecting these bolshevik universities?

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  24. Nothing done about this is smart. Covert operation. None of it makes sense. Ukrainian Taxpayer Dollar launderers heading it up- Fauci & Birx- Pence also has ties to these criminals. The whole damned world has lost their minds

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  25. In Quebec student loan is not subject to interest as long as you are a student. Then very low interest rate

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