The White House has been eluding to a Student Loan Relief Act that has been in the works with Biden Administration. So today, let's dive in and see what it actually looks like
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#studentloandebt #studentloanrelief #studentloanforgiveness
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In this video:
00:00 Introduction to Student Loan Relief
0:54 The Scale of This Proposed Act
2:10 Current Student Loan Deal That's in the Works
3:03 Student Loan Forgiveness Implications
6:35 Effect This'll Make on Average American
7:52 An Alternative Solution
8:59 Where to Find More Information
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By Stock Chat

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-9 thoughts on “$10,000 student loan forgiveness white house update”
  1. Avataaar/Circle Created with python_avatars Kizy says:

    Midget we need you back for one more video in tpt2

  2. Avataaar/Circle Created with python_avatars Crux161 says:

    If I was making even half the limit for this relief I would have paid my debt long ago

    Repay credit card debt? What do you irresponsible fโ€™cks can spend more money you donโ€™t have? At least my loan was for education smh

  3. Avataaar/Circle Created with python_avatars ๐Ÿ’ฐ Make $850 Daily says:

    "Thinking should become your capital asset, no matter whatever ups and downs you come across in your life." -A.P.J. Abdul Kalam

  4. Avataaar/Circle Created with python_avatars NickTheSheep says:

    Hey Shawn!!

  5. Avataaar/Circle Created with python_avatars Drayvon Howard says:

    Everyone who has student loans doesnโ€™t have federal loans, private lenders are just a bad as credit card debt. Depending on your balance they want it paid off in 20 years so if you have 6 figure loan amounts this can easily be a significant chunk of your monthly cash flow. The 10,000 would only be for federal loans,so I would propose something similar to the housing structure with Freddie and Fannie where the government buys loans from this private lenders and offers more support and payment alternatives similar to FHA loans.

  6. Avataaar/Circle Created with python_avatars Alasha Santiago says:

    I would like them to wipe more than $20k in student loans. I put my loans in forebearance twice already, it just adds to the balance more interest. And $200 monthly payments I could use for my family instead. The debt should be more like relief of 30k. We give aid to other countries all the time. Letโ€™s help the families here first. Inflation doubled by electric bill to $350 month.

  7. Avataaar/Circle Created with python_avatars FezzikJr says:

    "You have to have both of those to be a president these days" ๐Ÿคฃ๐Ÿคฃ๐Ÿคฃ๐Ÿคฃ๐Ÿคฃ๐Ÿคฃ๐Ÿคฃ๐Ÿคฃ๐Ÿคฃ๐Ÿคฃ

  8. Avataaar/Circle Created with python_avatars R Gresham says:

    The effect on Americans part is wrong. I have two loans one morally because i promised my mom to pay it was $92,000 and the other is 22,185($300 payment). The 92,000 was a pp loan that was consolidated to a direct loan. that payment is 1063 each month. i have paid that down to 45k since September 2020. If Biden does 10k that will help greatly. You always have to consider the people that have alot of debt. I will buying a new car and be a first-time home buyer after i complete this. Basically, if he does 10k all my goals are pushed up by 6 months to a year.

  9. Avataaar/Circle Created with python_avatars Linda Furroughs says:

    Help me

  10. Avataaar/Circle Created with python_avatars Tobby Kolby says:

    Hmm

  11. Avataaar/Circle Created with python_avatars emmanuel marthol says:

    We need 20K

  12. Avataaar/Circle Created with python_avatars Angela Friona says:

    ๐Ÿ˜

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