Student loan debt relief is unfair for other taxpayers: Kansas AG | Morning in America
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- čas přidán 26. 06. 2024
- Two federal judges in Missouri and Kansas halted sections of a Biden administration initiative intended to lower student loan payments, raising questions for the millions of Americans impacted by the program. Kansas Attorney General Kris Kobach, one of the state officials against Biden's SAVE plan, discusses why he believes the president has no authority to cancel student debt.
#Biden #studentloans #debt
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Stop expecting other people to take care of you
BANKRUPTCY IS UNFAIR TO OTHER TAX PAYERS😡
I worked hard since i was 14. Got working papers and a job after school. By 16 I knew i wanted to do IT. I worked and payed my way through a BS. I worked harder than most my age and sacrificed a lot. I'm 32 and make a littler over 100k. I am not particularly "smart". But no parties, no "year off to travel" just grind. I find it to be an absolute insult that my tax dollars should go help pay for Jennie Nobody's MS in Butterfly Therapy just because she's not qualified to be anything but a barista.
Life isn’t fair
WAAAAAA, Life isnt fair. GROW UP PEOPLE!!! PS. The sooner you learn this life lesson, the better off you are....teach your children.
God help us if we help people that been taken advantage of by greedy corporate schools charging $1000 a book and telling kids they have to get them
You take a loan, you pay it back. Do I get a refund on mine?
@@Foolofatook889 Simping for the corps much 😆
@AmberEyedVirgo You don't understand how this works. The corporations get paid either way. They don't care who pays, they just want their money. It shouldn't be up to the rest of us to pay them.
My school made us buy a textbook where our teacher was a co-author and had a financial interest in the sale of the book. It was $500. I downloaded that book, printed it out, and told her it got water damaged so i had to put the pages into a binder. She then gave me a copy of her book which i then sold back to the library at the end of the semester. I think i got about 150 for it. Treated myself to some buffalo wild wings LOL.
@@xilio2622 Creative way of lining your own pockets. You might have a future in politics…
Repayment is still determined by income, not balance, and capped at a total of 300 monthly payments where any balance is then forgiven. They created IDR in 2009 because borrowers and graduates could not find gainful jobs after the GFC to pay back their loans. The fed thought the situation was temporary and would get better with time but it has become more of a permanent problem than they had anticipated. With millions of graduates and degree holders unable to find steady, gainful employment no one is going to have to pay back their loans unless income starts increasing at a rate that outpaces their ability to qualify for forgiveness under the current 2009 legislation.
Pay your debts!
do you understand that the loan forgiveness is only for some of the interest and the actual loan still needs to be paid?
@@peteypufffpv659The interest is still the debt. it is wrong for taxpayers to pay any part of these debts whether it is principal or interest. The colleges should pay if some third-party is tasked to pay.
@rodicarsone1262 I did not go to college. I own a small business and college grads and seniors are my largest customer base. Freeing them of some of the debit from the high interest will put more money in their pockets to spend at small businesses like mine. In return I will be paying more federal taxes on the higher profit and hopefully be able to afford employee tax and create a new job for someone.
@@peteypufffpv659 If you have so much empathy for the tuition grifters, why don’t you just give your goods to them free rather than stealing dollars from taxpayers. You could even claim a tax write off!
vote buying like this should be illegal
So politicians should only be able to screw over the working class? Maybe that’s the memo they’ve been getting.
Make the universities pay back the loan. They should have a vested interest in the students’ success. If a student does not earn enough, part of the cause is the failure of the university.
This is the correct solution.
What about those weapons to Ukraine? Ive never been there.
What about those weapons to Israel?
But what about food stamps. I dont use those but I pay.
What about social security? I dont use it and it wont be around when I'm 67 (im under 30).
What about school buses and free lunch? I dont have children.
List goes on and on.
The middle ground is to at least stop lending money.
Only big corporations get bail outs. Remember that.
You take a loan, you pay it back.
Like those thousands of people that took out PPP loans did right? 😂
You underwrite a loan with no collateral, you take the risk and suffer the loss. Banks won't give a 18 year old $250k for a condo with no down payment or insurance but they'll give them $200k for school? Give you head a shake.
It’s also unfair that two people working the same type job getting paid the same amount, however one of their take home pay is less than the other because one has a wife and kids. Why is the single person paying his share of taxes?
That is the dumbest reason for his opposition. We all are paying for things that we neither benefit from or always endorse-- isn’t that the American way?? WTHeck is he talking about….???
Student loan debt relief contributes to inflation more than spending on foreign wars. Anyone who took Econ 101 would understand why...
Where was he when big business was getting all the relief in terms of funds to them. I think one has to be consistent in a position on all sides. I worked and payed back my loans.
So is corporates tax cuts and tax cuts for the wealthy. At least student debt relief for the low earning debt carriers would actually stimulate the economy.
Rich people & Corporations never get bailed out & they always pay their bills. The little people should play by the same rules the wealthy do and quit begging for handouts.
Bank and Economic Bailouts helper boomers.
Call student loan relief a millennial bailout.
We all drink the same kool-aide here.
There Goes Your Try For Young Vote Joe 🚽
Debt relief is unfair 😂😂 - Jesus was wrong ? 😂🤣😅
You didn't have to go to that overpriced college
@@drganknstein so Jesus was wrong 😂🤣🙈🫵
No one forced them to go to college.
@@connortilson7141 no, personal charity is a good personal choice. Replacing god with the government and forcing charity and redistribution of wealth is called something else.
@@Foolofatook889 yes it’s called collective democratic charity, and far better given it to your own citizens than giving weapons to Israel
What he needs to do is to stop the fat cats that are getting rich out of the ridiculous price tag schools have
Make the colleges back the loans. If a student defaults, it’s on the college.
If they’re not providing a good enough product to get their students jobs that are worthy of the degree, then there’s something wrong with the product.
🙏🙏
Tax breaks you get for having kids is unfair to other taxpayers.
Tax breaks you get for various things such as home purchases, electric vehicle purchases, etc is unfair to other taxpayers.
Getting taxes reduced by hundreds or thousands or even millions of dollars for the richest people is unfair to other taxpayers.
What else is unfair to other taxpayers? Drop your own.
You all do realize he's only canceling some of the interest on the loan and not the loan itself? This is some of the Best Biden policy i have seen!
JOE BIDEN NEEDS TO GO!!!!!!!!!!!!!!!!