Latest Breaking News On - Student debt problem - Page 2 : comparemela.com
Takeaways: Taxing Universities
iwf.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from iwf.org Daily Mail and Mail on Sunday newspapers.
arguments today into cases challenging president biden s student loan forgiveness plan. the outcome could drastically affect the lives of 40 million buller was. the plan, which could provide up to $20,000 in debt relief, has been on hold for months after a lower court locked it. okay, let s bring in our panel. margaret, do you like the idea of student loan forgiveness? look, there s a lot of ways to fix the student loan, the student debt problem. there is massive student debt in this country. there s too much of it. college cost to much. there s a lot of reason why. that i think is a separate question then whether an executive action by a president should wipe out all student loan, all student loans that s on the books. and the constitutional question the court is dealing with about whether there s a separation of powers question, that if you want to do, this congress should pass a law rather than a president passing executive action in order to wipe all student clean.
muted? i think if you look for problem with the loan forgiveness program it s not so much inflation right now. it does not solve the student debt problem. in fact, the incentives in this loan forgiveness program, give up borrowers even more incentive to go out and take out more loans. and encouraged to take out more loans. flexion also. we are the signs of improvement. at the total reserve there s still a long way to go tackle that problem. before as the fed said that s a long way to go. how aggressively here and keeping the federal reserve moves? there at the points the progress
about that. melissa: i look at all of this through the lens of market forces and to me the solution is to force the colleges to absorb this student debt problem, they are the ones that by definition have sold out agree to a student that isn t worth without student paid for it because they can get a job to pay it back. it s not the taxpayer and it s not the kids, frankly, in a lot of cases they were sold something for too high a price that wasn t worth it. the colleges would get themselves in shape if they had to absorb this loss. dagen: the great lie that s been sold to several generations of young people, that some of these are college degrees are worth literally a quarter of a million dollars and part of the problem is the government intervention in student lending, this wide open available credit, the money has gone to raising tuition at the college level. the colleges had you financial
it would be popular. we did a mini sample in the green room. it s a thumbs up from anybody with student debt. what problem are we trying to solve here? student debt problem. one way to deal with that is to allow it to be discharged into bankruptcy. which since 2005 has not been something that s been available. that is a huge problem. people are already at the end of their rope financially and the one debt you can t get rid of, you know. credit cards, maybe. mortgage for sure. but you can t get rid of these. look, this is clearly i think the telling point here is when he says it s available to everybody regardless of income. meaning the children of billionaires will be able to get this debt relief also. bernie sanders sees himself, i think falling in the polls a little bit. he sees others rising up and he wants to reclaim leadership. so he s got the biggest, richest, in some ways least defensible plan that s out there. and so if you like dealing with
vimarsana © 2020. All Rights Reserved.