Student loan forgiveness: What the latest deadline extension means for borrowers

democrats should be ashamed that medical debt and or universal health care are not addressed. absolutely disgusting regime.

✅ Windfall profit for the big bank donors and 10% for the big guy

Make them pay it all back. Vote Biden and these democrats out of office.

It's NOT "forgiveness" of loans as OTHER taxpayers are now footing the bill. Privileged college grads having their 4 years of BEER PONG paid for by average working people. That's the Democrats!

HE'S BUYING VOTES !!!

You took the loan, pay the shit back.

This will drive inflation higher. It’s not free.

If student loans are forgiven, give the working people who didn't take out loans a tax break for the year. It's the least to be fair.

Forgiving student loans.Politics determine it. Trump 24.

i nous avons besoin de Trump !!! Votez Trump 2024 !!!

This is an illegal vote bribery trying to take advantage of young people. It is Biden's another illegal practice to American people with American taxpayers' money.

Wow, National debt getting much worse…

Criminal. We are all going down the tubes when the trillions in deficit spending catch up with us. What a dumb idea. What’s next, forgiving credit card payments. Idiots running our country. God help us.

Why doesn't congress over ride biden on many things he is doing wrong/illegally. Senate could careless

Dam! I could have never paid back my student loan, got a free education on tax payers back.

Hyperinflation incoming!

$165 BILLION FOR FIVE MILLION PEOPLE.

If you went to grad school? And what? Stayed home?

Pay your bills like everyone else!

So the people who are getting this 35,000 off are mostly upper middle class white kids, Not strapped black and brown folks

YIKES!

More stolen tax payers money for their votes. It’s back firing, we’re mad at Joe for this and are voting for Trump!

Just trying to buy votes.

After SCOTUS told asswipe Biden he CAN"T just "forgive" student loans, Joe just ignores and does it. It's BS

Isnt that sweet to give all that money he owes to his little palestinain and gaza cities and students he hired.. awe isnt that sweet...while Americans are living in tents and are homeles now..smoothces.. how sweet....thank you Biden..FJB

Supreme Court laws matter!!!!

Wow!! Soo much bull poop!! I paid mine off. Ahh… my arse getting screw again. Thanks Joe! Can you bring lube at least! Wait I have to buy! 😞

The rich get richer and the poor have to pay for it...

It's ILLEGAL for a president to dip into the treasury.
We have separation or powers and Congress (our representatives) have to pass laws to allocate funds.

The voters that wanted this president are truly clueless on what's happening,

You voted demented idiot you are demented you deserve what us comming

Buying votes communist tactics Poverty Stalin knocking to your doors Vote thus demented jackal out he is liost They don’t care snout constitution Thry are fascists liberals

Who bout to be paying on a loan for 20 yrs that’s a long ass time bruh America sucks 😊have a nice day

Why not give everyone $500 billion?

Your child's federal student loans are not loans a parent is responsible for. Those are loans that are the responsibility of the person who got the loans.

Who Pays for Student Loan Debt Cancellation?
Canceling federal student loans will cost the federal government hundreds of billions of dollars— and the general public will eventually end up footing the bill.

According to an official estimate from the Congressional Budget Office, Biden’s student loan cancellation plan will cost $400 billion. However, the office notes that the estimate is “highly uncertain” based on the unknown of how many people would’ve repaid their debt had Biden not taken executive action and how much they still will repay.

Biden previously stated at a press conference that “there is plenty of deficit reduction to pay for the programs.”

But what exactly does “cost the government” mean? Canceled federal student loans would be immediately added to the federal deficit, which measures how much the U.S. spends minus how much it takes in.

Analysts agree that canceling federal student loans would increase the deficit. But what they’re split on is how significant that addition would be, and how the government could eventually recoup the costs.

Hilarious

How can one applied? I always try and there’s no friendly website that would help with all different situation ( debt varies from person to person.

Its not that confusing...Biden is cancelling debt to those that arent paying their bills....and we, the taxpayers will be taking a giant hit next tax season. HE IS BUYING VOTES!

Disgusting, this is utter BS . People are struggling just to buy food and gas , etc and F C K F C K Biden , you might get the students to vote for you but you will have lost all the regular people who PAY THEIR FCKING BILLS and LOANS

I need my debts forgiven also!

If these kids don't have to pay for the loans they promised to pay, then they should have to work for free for about 15 years. What do they call it now? Balancing? Scum.

Trump needs to reinstate the debt,the supreme court already told biden that he could not do it,,tax payers that were billed need to be paid back and the students need to pay what they borrowed biden needs to be indicted for this

Someone please tell me how in hell is this fair to any taxpayer in America if this bill passes?

Dang hope my loans get cancelled but I’m stilling voting Trump.😅😅😅

That is 🐂💩, along with the Attorneys that handle these cases, Biden Administration does not have the Power to forgive Student Loans.

There shouldn't be student debt relief, the rest of us have to pay our debts so why in the f should students not jave to do the same. This is crazy.

FJB

Listen to these clowns talk about this BS. The American taxpayer is paying for this. The Supreme Court ruled against Student Loan “forgiveness”. Better wake up America. These idiots that took out loans are weaklings not victims.