jerryc41 Loc: Catskill Mts of NY

Not quite accurate. Aside from that, Republican politicians had millions in loans forgiven. It's not like they're struggling to pay their bills. [i]"An Instagram post listed 13 Republican politicians who criticized Biden’s plan to cancel student debt but took out Paycheck Protection Program loans that the government forgave."[/]

https://www.statesman.com/story/news/politics/politifact/2022/09/06/fact-check-ppp-loans-forgiven-republicans-matt-gaetz-marjorie-taylor-greene/65470173007/

ggttc Loc: TN

Shortage of doctors and nurses…my wife is a physician and would not advise anyone to become one because of the cost of medical school.

Don’t think for a minute your not paying off your cardiologist student loans.

BurghByrd Loc: Pittsburgh

Another attempt to buy v**es and another move adding to inflation.

WNYShooter Loc: WNY

Both of my kids are Doctors, both of them fully paid off their loans within 4 years after going into their specialties.

FrumCA

There is no question that biden's proposal is a lame attempt to pander to young v**ers. He is not the brightest light in the candelabra and the backroom advisors who planted the idea aren't any better. It's too bad our mortgage loans are not from the govt. If they were there might be legitimate reason to request relief on that!!

Frank T Loc: New York, NY

I think you're right about medical debt, but I'd add that there should never be such a thing in the first place. Why are we not capable of supplying medical care to all our citizens without causing them to go bankrupt in the process.

btbg

Why shouldn't they pay interest. Just like any other loan they agreed to the terms. Now they should keep the agreement that they made. I don't know if you ever had any student loan debt, but I did and I paid it off, as did both of my daughters. Why should taxpayers who already paid their debts off fund paying the interest on someone else's debt. Because, you can't just forgive the debt or forgive the interest, because if you do, you are taking money out of the pocket of the company that loaned the money. They signed a legitimate contract, which should be honored.

Triple G

Many of those loans were predatory and should be re-written to a standard practice.

FrumCA

I've heard that many times but to me it's unfathomable that anyone would agree to a loan package having double digit interest rates. Weren't any other loan packages available? Your suggestion that re-writing them to a standard practice makes some sense but I don't think Biden has proposed that approach. He simply wants to forgive it all (up to $20K) with no penalties. It looks like we will have to deal with the logic behind this matter until this summer when the SCOTUS is expected to rule on the lawsuits it is considering.

dennis2146 Loc: Eastern Idaho

Well give this some thought: How often do poor people hire others, giving them an opportunity to learn and possibly open their own business and then hire even more people. In my life I have never been hired by a poor person. It has always been someone who has generally worked their ass off building up a business and hiring others to work at that business. It is a fact that people with money have worked to earn that money.

So YES, tax breaks for the wealthy will encourage them to hire even more people, build even bigger businesses does work for America. Why should the government pay people welfare benefits when those very same people could get off their butts and work for a living so you and I are not supporting them?

Dennis

DukeTarHeel Loc: NC's "Research Triangle"

This payoff is ill-disguised attempt to ingratiate himself with young v**ers - but I think many others have said that before me. It may be one of those "but I tried" instances where he gets the benefit of trying and Congress becomes the bad guy. Bottom line, no one forced these kids to go to college. In some cases, they made bad decisions. I am totally opposed to rewarding bad choices. Hopefully, this will cause them to make smarter decisions going forward.

Blurryeyed Loc: NC Mountains.

Nice!

Blurryeyed Loc: NC Mountains.

Blurryeyed Loc: NC Mountains.

There were particular conditions that had to be met for those PPP loans to be forgiven. Let us not forget Jerry that the government shut down the economy yet financial commitments remained. The whole idea behind PPP was because of government imposition that people needed to remain on payrolls even while businesses were shut down. It is ridiculous to compare the actions taken during the p******c shutdowns to the current situation of forgiving debt when things for the most part are completely back to normal.

I really don't care about Matt Goetz or MTG, what I do care about is that this is not only completely unfair, it is unconstitutional, and it is nothing more than a ploy to recruit young v**ers using taxpayer money. Also let us not discount the forgiveness that has already been given as interest on these loans has been waived for the last three years to the cost of 10's of billions to the American tax payers.

Just another sham, when Obama passed Obama care the interest from student loans was to be used to pay for subsidies and the expansion of Medicaid, just more democrat lies in action.

Triple G