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MSNBCW Loan July 2, 2024

and a basic promise. - a nation that rewards the effort and determination of every single american. - so the least among us shall have an equal chance to achieve the greatest things. - and the doors of higher education will be open to all. - no matter what your circumstances or where you are, you are part of the life of our great nation. - it s one thing all our presidents agree on, each in their own unique way. [patriotic music winds down] - have a good life. we will see you soon. - and to get that good life, all we had to do was follow the instruction manual on how to do the right thing. study hard, be nice to your brother. - get him! - go to college, graduate, and voila, achieve the american dream. but at some point. [clattering] - the us economy shrinking. - they re not getting married. they re not getting homes. they re not getting jobs. - we ve been looking at 40 years of flat wages. - those doors to opportunity got harder to open. [light laughter] - this is a big ....

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MSNBC Loan Wolves June 4, 2024 20:23:00

The richer college lenders become. - so just having the threat of bankruptcy forces the lenders to behave rationally and with a modicum of good faith. - and without those bankruptcy protections, we re left with a self-perpetuating system of greed. - you know, from the outset, this was a legislatively manufactured crisis. - it was the 1998 reauthorization of the higher education act. - the senate will now vote on the adoption of the conference report accompanying hr-6. - mr. biden, mr. bingaman, mr. durbin, mr. feingold, mrs. feinstein, mr. ford. - was there, like, an uproar when this happened? was this, like, a big headline at the time? - there was no headline. in fact, i don t think most congressmen even knew that it happened until probably weeks, months, or maybe even years afterwards. - the bill i will sign in a few moments will enhance the economic strength of america. ....

College Lenders , Bankruptcy Protections , Higher Education Act , Joe Biden , Hr 6 , Trust America ,

Reading police arrest man in connection to shooting, 1 injured

It occurred around 4:30 p.m. on Wednesday. ....

Outh 8th Street , Police Arrest ,

MSNBC Loan Wolves June 4, 2024 03:23:00

- when lenders have no incentives to restrict who they re lending to or how much to loan out, guess what happens to tuition costs? - the colleges raised their price, essentially at will. - and you re paying for it. and college lenders know that. so the more obscene the tuition, and the more ridiculous the gimmicks that colleges play, the richer college lenders become. - so just having the threat of bankruptcy forces the lenders to behave rationally and with a modicum of good faith. - and without those bankruptcy protections, we re left with a self-perpetuating system of greed. - you know, from the outset, this was a legislatively manufactured crisis. - it was the 1998 reauthorization of the higher education act. - the senate will now vote on the adoption of the conference report accompanying hr-6. - mr. biden, mr. bingaman, mr. durbin, mr. feingold, mrs. feinstein, mr. ford. ....

College Lenders , Tuition Costs , Nervous System , Bankruptcy Protections , Joe Biden , Higher Education Act , Hr 6 ,

MSNBC Loan Wolves June 4, 2024 00:23:00

Essentially at will. - and you re paying for it. and college lenders know that. so the more obscene the tuition, and the more ridiculous the gimmicks that colleges play, the richer college lenders become. - so just having the threat of bankruptcy forces the lenders to behave rationally and with a modicum of good faith. - and without those bankruptcy protections, we re left with a self-perpetuating system of greed. - you know, from the outset, this was a legislatively manufactured crisis. - it was the 1998 reauthorization of the higher education act. - the senate will now vote on the adoption of the conference report accompanying hr-6. - mr. biden, mr. bingaman, mr. durbin, mr. feingold, mrs. feinstein, mr. ford. - was there, like, an uproar when this happened? was this, like, a big headline at the time? - there was no headline. in fact, i don t think most congressmen even knew that it happened until probably weeks, months, ....

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