'If You Have A Right To A Loan, Don't You Have A Responsibility To Pay It Back?': McClain To Cardona 

WOKE wants to buy vote.

So your cool with the billions sent overseas .👌🏾

@@0397rb Those two ideas do not co-relate. Non-support for paying off college loans does not mean that you support sending money overseas. One does not equal the other.

But you're okay with everyone else discharging their debt thru bankruptcy at the taxpayers expense?

@@jamesjones7770 Just curious as to why you and other trolls on here think that if people are not happy about paying off other peoples college loans, that we are happy about bankruptcy and overseas aid. I didn't go to college, so explain that for me. Thanks.

I agree. And abolish the Senate for all the effect it has on these people. What a colossal waste of time. The Congress is totally IMPOTENT!

They barely educate along with their massive indoctrination in Socialist values . Just as with the CIA , they are no longer needed or affordable .

I agree. 78 BILLION dollar budget??? This dept was instituted by another outstanding president, Jimmy Carter.

Diseducation

And?

At this point, it's the tax money of Americans who aren't even old enough to work, and not even born yet!

You don't pay any taxes.

And you’re ok with 260 billion to Ukraine.

@@kylej7815 and what do you base this assumption of yours on? I'd call it an absurd assumption given that the people who opposed centralized power have significant overlap with the people who don't want their tax going overseas either. The most likely scenario is that the OP is opposed to both.

@@IAmTheRealBill then why doesn’t the OP go post on the subject of 260 billion to Ukraine. Don’t see any comment there from OP

And we who have done that are in a BOHICA moment. What these freeloaders don't get is eventually they will pay it back in taxes and then turn around and pay for the next generations loans.

Me too! Hey, we should start a new movement!

Me and My KIds too ............. and we didn't go Cancun for spring breaks.

Still paying for my education! Who gives this man the right to make these decisions?

They should say you have the right to apply for a loan .

key word is "qualify" I didnt quality for fafsa and Didnt get any scholarships even though I applied for over 50. I worked my butt off paying for school while attending. I HATE HATE HATE HATE HATE hearing people complain about loans they were granted which made their lives so much easier.

You have a right to a loan, you do not have a right to force one. A right is not something the government provides. You have a right to engage in contracts, of which a loan is. But you do not have the *privilege* of forcing someone to give it to you. Your position put forth in that post supports the other side. You have a right to free speech, to speak your mind, but cannot force someone to listen to you. You are arguing that you don't have the right to express yourself because it depends on someone being willing to pay attention. This is false.

He Should Be Impeached based on his continued actions to forgive loans post scotus, congress and the house decision not to. It is the Law. F Shame On You!

It's not about the loans. Education does not guarantee a job because degrees have no value in society. Imagine you invest in a business that failed and you're unable to declare bankruptcy while monthly payments are accumulating

with binden asap

So every White hire is smarter than every minority hire ? Sounds like my teenage years. MAGA = Make America Great Again ! 1860 ? 1868 ? 1875 ? 1908 ? 1917 ? 1933 ? 1943 ? 1956 ? 1963 ? 1969 ? 1975 ? 1981 ? 1992 ? 1999 ? 2002 ? 2008 ? 2013 ? 2019 ? 2022 ? When was America Great for Americans ? ps. My grandfather was born in Ark. in 1907 My father in Ark. 1928 Myself in Detroit 1953 My 1st son in Det. 1978

Use your brain! The only people getting forgiveness had predatory loans from predatory banks, institutions and intermediaries, AND, remember this part, AND are not financially stable. Meaning they don’t have daddy to pay their loans off, like your son did.

​@@TiffanyTeaLeavesThey're not concerned about that. That's just language they use to attempt to justify it. If pred lending and blah blah blah were reason enough, why weren't all of us who purchased homes 2004-2008 given loan forgiveness instead of foreclosures?

​@@legaleeblonde4310or all those loans the Congress members took out for PPP and never paid back. Hell they deleted the paper trail so they could never even be investigated.

I paid for my own college loans …every damn dime. I want it BACK TOO! This is FING RIDICULOUS! If we pay their loans they should hand over their damn diplomas…and every bit of transcript that shows they attended school. Don’t pay your car note…it’s repossessed….dont pay up your mortgage….its foreclosed and you’re on the street. This is FING RIDICULOUS

If you can afford it you don’t qualify 🙄

It'd be better... but I'm not sure I trust the states either.

​@MonkeyMind69 Then in the states that show they can't be trusted, it will fall to the people of that state to fix the problem.

As a teacher, I agree!

Abolish this failed dept NOW!!

Why so states like Utah teach their citizens that the Earth is 2000 years old? Nah

Probably 143 indictments.

Political theatre. No one loses their job or is punished.

Therein lies the problem. How do we, the people, get our point across? Legit question I’m asking.

The ONLY politician that I've ever seen prosecuted to the FULL extent of the law is President Trump for the crime of loving his country.

@@jamied9782 Start by working at your local level to roll back excesses and abuses there while building bulwarks against future ones. From there expand it to one level higher - say municipal to county, or county to state legislative district. This creates a culture of people holding them to account, which is fertile grounds for growing candidates who will hold them accountable. As long as you remain focused on the federal - where you have absolutely the least influence - you will continue to lose ground. The Left has always been centralist and authoritarian (see: the early 1900s) and they have systematically and with purpose shifted the focus to a central government where they can encounter the least resistance from we the people. This is one of the effects of screwing up how we put Senators into federal congress. They should never have been moved to a popular election because it diluted the power of the states to check the union, and diluted the ability of the people to influence that via local elections.

@@golferpro1241 It's a clique behind official curtains.

Free higher taxes.

I could not afford to put myself or my children through college why should I pay your college tuition? I am barely getting by right now as it is

LOL. Got one!

@@StevanKuyper-ms4lp Biden's plan to destroy America.

You'll get it at the soup kitchen after you pay off all those loans the Department of Education transferred to you. Oh, I will be right behind you in the line. Save me a slice of bread.

Good idea. Every dollar they forgive take it away from the universities.

The old man knows that he's banking on all those MSNPC viewers to just hear the loan was forgiven. He knows it's going to be overturned again.

With the current RINO Leader Johnson in charge, the GOP House with their slim majority refused to hold Agencies and Departments accountable.

Call the marshals Office and put him in jail.

@@ralphemerson497All true! And the appeasers and RINO’s want him left in the seat! Hell, he just worked with the demokkkrats to give Ukraine more money than the entire budget of the USMC this year!

Biden is teaching everyone how to buy votes. He did it before and he is doing it again.

Start with President's office 😂

How about this..... Maybe they can stop the student loan bailouts..... Slow the flow of cash and arms...going to Ukraine and Israel. Then fix social security....and take care of our Vets! Additionally... it's costing we the taxpayers, billions to fund everything associated with the millions that have come here illegally.

@@chrisyaritz2180 I agree with everything but Socal security. SS isn't what most people think it is now. 40% of the people that get a monthly check from SS have never paid anything into it. The SS Administration says by 2026 50% will be illegal immigrants. Yes all that cash the gov is giving thim comes from SS. They sign up for SS the day they turn themselves into border patrol.

@@chrisyaritz2180 Yup, Social Security will run out in about 10 years but we cannot fund that properly because we fund all these money laundering schemes: Ukraine, Israel, Student Loans, Illegal Alien relief fund, Homeless camps.

Diversity Equality. Today Inclusion White Segregated Yesterday Protestant 60 years ago WASP's led in all American categories because no one else was allowed by law to compete with them. I've always found it strange that the very people who are quick to scream "Reverse Discrimination" were the very last to ever admit "Discrimination".

I guess you were okay with the bank bailouts though weren't you? Why didn't we just let the banks fail instead of using taxpayers money to bail them out? We bailed them out to protect the money YOU earn from your stock portfolio at the expense of MY taxpayer dollars. I don't have a dime in stocks or bonds or invested on Wall Street so it was partly my money that bailed YOU out, but please let's not help out our over burdened students with their higher than average interest rate loans. Lets keep them in debt for the next 30 years and not allow them to achieve the American dream until they are in their 50's.

Student loans are becoming the mortgage loans of 2007. This bubble is going to pop at some point.

Your house loan isn't helping anyone. Someone's dental school or medical school or nursing loan his helping your grandma out whos been stuck in the hospital battling xyz. Furthermore, those loans that you speak of help that person earn a higher income, which means they pay higher taxes. The taxpayer system is already benefiting from that person taking out loans and they are putting back in far more than they took out over their career. Your home doesn't do that. If this is a student loan, it should be at zero fuckin interest at the very least! At the most, my taxes that I pay that are easily 10x what they were before my college career should be my loan repayment.

We bailed out the banks in 2008. Why not help citizens for a change?

Yeah, and if you have kids, they're on the hook, too!

yes, biden punishes people who are responsible with their money those are the people who usually don't vote for him.

Because Marxism that’s why.

This is the Deep State in action. They could care less what the Constitution says.

They should not but they do.

Finally, someone who actually knows the causal agent! There are precisely two major industries that have consistently and dramatically outpaced the standard price increase trends. One is college, the other is medical. In BOTH cases the government stepped in and wound up separating the consumer from the price. This always leads to higher rates of increase. Even within those broader categories we can see it reinforced. Trade schools are not crazy expensive and are not subsidized by the federal government. They don't "outpace inflation." Non-covered medical such as cosmetic and laser eye surgery also follow the standard pattern of improving but not rapidly rising price. Because the consumer was/is the payer.

Hell, for defying logic.

Those savings will have to come from somewhere to support education, oh and those savings you're proclaiming will probably be sent to some country crying poor mouth. We're better off helping our own people don't you think? That's right you don't think do you?

@@jamesjones7770 You seem ignorant.. As the savings does not come from their Budget. It comes from having to cover their Salaries, Pension Funds, Premium Medical, Vacations, Holidays etc... I would add. The State pays for schools and education. Why you pay wait for it,,, School taxes..But you would not know that. As you don't have to pay them. Everybody else does.. And being America is 29th in education yet spends 1000% more per student. I'm for School Choice..

@@WizzRacing yes school choice and let the people decide where they want their kids to go!!

It’s being siphoned off and spent on supporting radical leftist activism

They could spend a trillion and the results would be the same.

BUYING VOTES & LINING THEIR POCKETS 😡 Our own government is ripping the US Taxpayers off!!!

Likewise if you dont pay the credit card it gets absolved in collections and the tax payer pays for it eventually since the government will back the large banks who gave the loans in the first place and continue to print money. You open a business, it fails, you dont owe that money you file bankruptcy.

@@billyYoast1990 I'll give you credit for trying, but have to correct where you were incorrect. 1. When a credit card debt goes to collections (meaning not the creditor) the collection agency pays the creditor some percentage of it to buy the loan. Thus the bank has been paid -though not as much as you borrowed. 2. FiIing for bankruptcy doesn't shift the burden to the government. For business (as with personal btw, different sections though) you either file full insolvency - in which assets are liquidated to pay down debts and the rest is wiped clean; or you file for restructuring. In that case the court acts as arbitrator and forces a restructuring of the debt, with you winding up still owing money and are put on a payment plan. Now here is the kicker: there are a few categories of debt you *cannot* write off in any form of bankruptcy. One of those are federally backed student loans. Fully private student loans can be written off (unless that has been changed lately) as the government is not on the hook if you don't pay. This is why those of us quite familiar with the situation recognize this as a transfer of wealth to the wealthy. Because, if you have a private student loan and can't pay it, the banks won't get their money if you file insolvency, and may not get much depending on other creditors' priority in a Chapter 13 bankruptcy. So the government paying them is transferring wealth to them from the rest of us who didn't put ourselves in that situation.

The worthless President will never sign it.

He'll just find another law he claims gives him the power.

Where are the reply comments?

For a department that doesn't educate anyone.

And kids don’t know who George Washington is or what a woman is.

EXACTLY! However, did the predatory institutions drag the student in off the street and hold them at gunpoint and force them to enroll in their school and sign the loan papers? Did they? That sure didn’t happen to ME. No…I trotted my happy a$$ into the office and applied with NO THREAT OF PHYSICAL HARM…and guess what else? I paid back EVERY DAMN DIME! I worked two jobs to do this and it took me seven years…but I DID IT! I didn’t beg for handouts…no! My choice to go,to college - MY - burden! End of story.

Im blown away by how many people dont see the difference on this chat. How many of the I payed my loans peoples parents paid their loans. How many had loans that were not even 20k.

Don't give the government bureaucrats and politicians a free pass here, they are just as guilty. In fact they literally started the problem.

@@billyYoast1990 Most college graduates get out into the real world with an average loan total of about 34k. The vast majority of them pay it off just fine. There are two outliers: 1) People who had enough family money to qualify for far more than the government limits federally backed loans to 2) People who never should have been there going for 18 months or so and dropping out, meanwhile they borrowed not just for tuition but living expenses.

@@IAmTheRealBill I agree. I dont like the people attacking students as if the govt. and institutions are not the primary components of the failed system here. Also to acknowledge the difference of not being able to go into bankruptcy is huge.

It's not the lenders sucking the kids in. It's the educational institutions which are getting the money.

So what’s the problem of forgiving these loans? Why not attack other government programs that benefit corporations or the lawmakers themselves? That’s what should make you angry

@@user-cp3kh5xo2h 1) the forgiveness is illegal. The other things you mention are legal. 2) the forgiveness program simply leaves some private businesses high and dry. The programs you mention intentionally pay private business. 3) it's possible to walk and chew gum at the same time. Opposing loan forgiveness doesn't mean you can't also oppose other government actions.

It's an unconstitutional department and shouldn't even exist.

No, the rich do not need loans. This is welfare for people who had no business going to college in the first place.

What??

@@carlsanders7824why?

@@carlsanders7824 First, the rich take out loans all the time, because unlike you apparently, they know that it can be the smart thing to do financially. Second, OP is correct. The ones who will financially benefit the most are the rich.

@@carlsanders7824 My coworker has house and investment property applied for loan forgiveness

They should pay them back at the agreed upon interest rate! Period!

Yes, but unfortunately nothing else will happen.

Amen!

It's a very intentional act to water down terms that used to mean something worth fighting for

You do have a right to a loan. You have a right to engage in contracts with other adults. That is what a loan is. You are just as confused as the people who say "healthcare is a right, so the government needs to pay for mine." You have a right to get *a* loan. You do not have a right to force someone to give you a loan. I have a right to eat an apple, but that doesn't give me a right to eat *your* apples. It is no wonder that politicians, bureaucrats, and cops don't understand rights, when the common person doesn't.

​@@IAmTheRealBillThis is what I mean by watering down the term. They are using this term that was traditionally more used for broader fundamental things (like the right to enter contracts) to push meaning beyond the simple definition of the word "right". And if you think when people talk about the "right to loan" when they talk about student loans they mean just the normal definition of loans... you are sadly mistaken. Your eligibility should be decided based on your possibility to repay the loans and if you are statistically unlikely to repay the loan you should not be given a loan. Right now a problem is the government is subsidizing student loans and basically paying them off with tax payer money.

@@IAmTheRealBill no, you don’t have a right to eat an apple. You don’t understand rights.

They do that to waste time. And never ever can say a simple yes or no answer.

Not just with interest, but with the same bullshit interest percentages that they make us pay back. Fk id be a millionaire!

I'm not.

In 2025, he should lose everything.

Tuition escalated once Gov started handing out the loans. He needs to be putting some fear into the colleges instead of covering this up by making the debt disappear.

@@jiggerblossom agreed! Education is a money making exercise.

@@jiggerblossom While the first statement is partially true (the grants are a larger impact), it isn't the root of the problem today. There is a lot of misinformation, and probably some disinformation, around this topic. The fact is that if you 1) Go to a community college the first two years to get a 2 degree that transfers then 2) Spend the next two years at an *in-state* school paying *in-state* tuition, 3) Get a job to pay for your non-school expenses then your costs are dramatically lower. Some specifics: For the academic year 2022-2023, the average undergraduate tuition and fees for U.S. colleges were $9,368 for in-state students and $22,272 for out-of-state students​​​​. 9k vs. 22k is an enormous difference. Especially as it is per-year. For in-state community colleges you're looking at an average of 5k/year. So instead of 88k for 4 years, the method outlined above would instead be only 28k. Even if you just stayed in state and did four years w/o a CC tour, you're still looking at only 36k vs. 88k. And here is the real kicker that highlights why this bias toward out of state schools is the real problem today: If your family is broke af (as mine was), your federally backed Stanford loan for the first two years is about $3,500 and $4,500 if subsidized for those first two years, and $5,500 and $6,500 for total (subsidized and unsubsidized). next up is the Pell grant which currently carries a maximum of almost 7k. I'll leave it to you to work out the math on how much of a loan you actually need to pay tuition and fees with those Pell grants, if you follow the path I outlined above.

He said"predatory institutions" not "predatory lenders" and he was correct. The predators are the colleges and universities. They are the ones making money and making false promises.

This women is the definition of obtuse.

​@@billyYoast1990She's just matching the level of language she's getting from him. Dumbing down.

@@legaleeblonde4310 I like her energy but aim it at the universities not the students

Ummm that is not how it works, the feds do not loan the money…BANKS DO! The feds back the student loans, nothing more. Why would a bank loan you money interest free?

Bullshit. Pandemic has NOTHING to do with Student Loans.

Apples and oranges. COVID circumstances are different that the school loan scandal.

Not just GOP but Dems too like Nanshee Pelosi .

Repubilcans are flying a rainbow flag in their schools. Stay away from the kids bud.

The Department of Education is the primary predation agency here.