loans or chose not to take out loans. is it fair for people who do not own multi-billion dollar businesses to see one of them guys get tax breaks? is that fair? what do you think? trace: president biden defending his student loan forgiveness plans. our next guest and her husband were forced to make lifestyle changes to pay off their loans. you see the president didn t answer the question right there. if it s fair he went off on some billionaire thing. you struggle to pay off your loans, i did, a lot of others did. do you feel swindled at this point in time? yes, trace. thanks for having me this morning. i do feel swindled. the perfect vocabulary. we put a lot of life events on hold. moving into a forever home,
should look at tax reduction. we ll hear from one of those critics of president biden using the heroes act to cancel student debt when former congressman michael waltz joins us later this hour. dana: the cost of college tuition keeps going up. average entry level earnings potential is not. how much impact with president biden s student loan cancellation really have? madison is at nyu. good morning. there are concerns it won t have an impact. historically as you see loans increase, you see the cost of college increase going back to 1971, the average cost of a public school that was going to cost you $1,400 per year. today if you go to public schools we re talking $22,700. of course, you have to adjust for inflation in those 1971 dollars it would still be $10,000. we have seen green lights as
in july and expert say biden s student loan hand-out with just add fuel to the fire. our friday money team with reaction is next. thinkorswim® by td ameritrade is more than a trading platform. it s an entire trading experience. that pushes you to be even better. and just might change how you trade forever. because once you experience thinkorswim® by td ameritrade there s no going back.
team has taken in this dispute and possible the feds have poured through the papers. when we see this affidavit for the first time. the first time the former president and his team will see the affidavit. he has called for a full release of this document unredacted but his legal team has not filed anything in court relating to the release of the affidavit. dana: all eyes on that. we ll talk to you a lot today. the white house defending president biden s student loan hand-out plan. to implement it the administration used a 2003 law helping military members forgive some $500 billion in college loans. critics say it s illegal. alexandria hoff live at the white house with more. good morning. we re talking about the heroes act which the department of justice said that it gives the administration the authority to reduce student debt during the time of a national emergency.
chicago. martha: what is your feeling about what happened to your son? what was going on out there in the streets that day? i m getting a lot of information on the back end. me and mj were visiting from alabama. we weren t aware of the war zones and hot spots or aware of everything that has been going on in the city. so from what i understand where my son was with his father is a war zone in that area. so three people, three criminals decided that was a good day to drop down 65th and ellis and shoot into a building and murder my son. that s just where we are. martha: i am so sorry for your loss. your son is a beautiful young boy when years old and here you are on a visit from alabama and a visit to chicago your life changed forever. we really hope and pray that you get some resolution in his