Canceling Student Loan Debt Fundamentally Unfair | Joel Griffith on Fox News
Joel Griffith joined Fox News on December 7, 2020 to discuss the problems with canceling student loan debt.
Learn more about this issue: https://www.heritage.org/education/commentary/student-loan-forgiveness-regressive-policy-hurts-working-americans
Joel Griffith is a research fellow in the Roe Institute at The Heritage Foundation. He is a research fellow for the Institute for Economic Freedom and Opportunity at The Heritage Foundation. Previously, he worked as a researcher for a former member of The Wall Street Journal editorial board. Joel also was Deputy Research Director at the National Association of Counties.
Check out his work here: https://www.heritage.org/staff/joel-griffith
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What about all of the people who worked hard to pay back their loans?
What about me, who doesn't get his loan debt cancelled? My parents aren't paying for my college. I have to take out $10K/year, but I'm not complaining. Just because I don't see a specific benefit, doesn't mean that it's unfair towards me. It means I've been fortunate enough that I don't need this help.
I cannot stress this enough. Evening the playing field is not a disadvantage to those who had a head start. It's helping those who didn't, catch up.
This is not meant to help Students !!! It is bail out the Bankers time. The banks know that when the economy goes down the funnel, that all these students with degrees in basket weaving (figuratively speaking) they will NEVER be able to pay off their student loans, So this debt forgiveness plan, is really a way for the bankers to shift the debt to the tax payers. Bottom line fact.
Engineers are NOT highly paid ! Thats the lie I fell for
Its wrong to cancel student loans but not to bail out G.M. or big banks?
Running up the deficit to pay for corporate tax cuts was unfair too, but Republicans did it anyway.
Anyone else read any online articles purporting that the majority of Americans are all for cancelling student debt and then get to the comment section to see the exact opposite?
BUY BITCOIN!!!
Can I "borrow " 50,000 for college and get the government to cancel the payback. I paid the first one off already.
Stop calling Jill Biden the first lady because she is not the first lady, the election isn’t over and the media does not announce the winner. And the media has not been they are in their reporting and there is no such thing as the office of the president elect
Jill should have nothing to say or have any power to make this happen. She is not a candidate
Why not tell the real truths?? Old people forget whatever you invested in S.S. which you were forced to already have paid?? Most by working all their live and not by being rich??
No fox news, nope. Giving this a thumbs down….sorry
Fox News is dead to us.
It’s also unfair to have kids who can’t even legally drink alcohol assume so much debt because they were told if you don’t go to college you can’t get a job
So if you pass an inheritance tax break next year that I do not get to enjoy when my rich uncle dies this year – is that also unfair? If you low corporate rates this year an allow my competitors to repatriate their profits at a lower rate than I paid when you offered an earlier tax cut – is that also unfair? The logic here is kinda suspect. Lots of government breaks, cuts, incentives, etc are passed at a time when some benefit and others do not. So what is the point of this segment again?
If you want to make that argument about Student Loans and it not being fair what about making POT LEGAL and all the people that went to jail for it and are still sitting in jail for it yet it's now legal, That is CHANGE that is LIFE NOBODY EVER SAID LIFE WAS FAIR.
Why don't we just pay off peoples mortgages?
No way. Mostly females want this too. Ima pay my debt like people before me.
Just allow people to discharge Student Loans through Bankruptcy, problem solved
Unfair? That's like saying we shouldn't have allowed tractors because it's unfair to those who used manual plows.
It is the greatest con game. It's how you get votes for Democratics!..
Pelosi should be first in line to receive CV19 vaccine.
By the way why aren't funeral parlors over packed?
I got scammed by ITT tech, and still have a student loan from them for $40k and cant use the credits from them because they were shut down from the government for being corrupt. I still owe that money and will never be able to pay it off unless it's forgiven.
Well I'm in debt but others get it free. Bullshit. Over my alive body.
This has nothing to do with Bidens! The government doesn't have the money! There is going to be money for
But it has nothing to do with ankle monitor CCP Biden! When Trump gets his inauguration and takes his rightfully place as our second term President! There will be awsome medical advancements and college loan payoffs but it's President
Trumps doing with other help! Bidens going to Gitmo! Thats why he has a ankle monitor and singing like an canary!
There's already a legal way to get free and/or reduced college cost. Serve your country!
ABSOLUTELY CORRECT!!!! UNFAIR IS AN UNDERSTATEMENT!!!!
Honestly I would avoid getting a student loan. Because the main problem is that you spend your next 10 paychecks trying to pay off that loan. But if you didn’t get a loan then you could save up for a nice apartment & car 🚘
So how are the professors get paid for their work