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Transcripts for MSNBC Loan Wolves 20240604 03:41:00

just tell us - what s your why? - i think it s important that people be able to borrow to make what may be the most important investment of their lives, which is in their education. - remember this guy? [tape rewinding] we don t allow student loan debt to be discharged in bankruptcy. - right. - i d be at a loss to to explain why that should be the case. - okay, let me translate that wonky comment into english for you. - we don t allow student loan debt to be discharged in bankruptcy. - right. - i d be at a loss to to explain why that should be the case. [upbeat percussive music] - was this even good lawmaking? - nice to see you. - ari melber is msnbc s chief legal correspondent. though sometimes it seems he has a different beat entirely. - no greater authority than jay-z saw 99 problems when he says, my glove compartment s locked.

Transcripts for MSNBC Loan Wolves 20240604 04:37:00

[upbeat percussive music] - you guys were told, this is what you need to do to get ahead. and if you do it though, oh, actually, you re not ahead. how does that make you feel that that promise is false? - well, the promise is false, but the solution is true. - okay. - for sure. - braxton and wen joined the debt collective, a group pushing for student debt cancellation with a caveat. - i mean, we advocate for full cancellation. but, like, if the president were to cancel all student debt tomorrow, we d have some student debt next semester. and so how do we figure that out? how do we solve that problem? the answer is free college. - our parents, grandparents generation, they didn t go to free college. both: yeah. - with immigrant parents, it was like, they work their whole lives to send their kids to school. and we grew up, like, very rural china. and the thing that they always say is, like, there is more chances to thrive in the u.s. so the paying of school wasn t a problem they were th

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