Connect with us

News

Student loan payments resume after 3-year pause | This Week

Published

on



ABC News’ Elizabeth Schulze reports on the resumption of student loan payments on “This Week.”

SUBSCRIBE to ABC News: https://bit.ly/2vZb6yP
WATCH MORE on http://abcnews.go.com/
THIS WEEK: https://abcnews.go.com/ThisWeek
LIKE ABC News on FACEBOOK: https://www.facebook.com/abcnews
FOLLOW ABC News on TWITTER: https://twitter.com/abc

#ABCNews #ThisWeek #StudentLoans #JoeBiden

source

Continue Reading
40 Comments

40 Comments

  1. @Moriningland

    December 24, 2023 at 6:45 am

    Dude. The guy hoping for 10-20k forgiveness on a 250k student loan. Bro, you’re screwed. The forgiveness was never gonna help you.
    Then you buy a house and start a family?!?!
    Dude, you’ve got a catastrophic financial, death wound. You should be living on subsistence level until you pay that off, which would probably take 10 years of hard work.
    You can not afford to make multiple bad decisions like this in Our society.
    Those loans are never going away

  2. @diannebee

    December 24, 2023 at 6:45 am

    Blaming the republicans for your failed and empty promises. Typical socialist😂

  3. @Unap0l0getic

    December 24, 2023 at 6:45 am

    Whay you did not pay down or off your student loans instead of saving for your kids student loans

  4. @ewanfraser

    December 24, 2023 at 6:45 am

    $240k for social work? Did he think at all before making that choice?
    People are asking how anyone falls for this scam. Young people don’t know the value of money. They think that if they can do something then it will work out. They wouldn’t lend me $200k if there wasn’t a good job at the end of this. They don’t understand that if you make $60k salary and you owe $60k debt that’s not “about a year to pay off” that’s about 15 years. When you earn $60k you don’t keep all that much of it.

  5. @lesleyt7438

    December 24, 2023 at 6:45 am

    A three year pause was a three year opportunity to pay down the principal. Thinking the government is going to save you from your own stupid decisions is lunacy.

  6. @emilionarvaez1415

    December 24, 2023 at 6:45 am

    240 k for social work! Damn son, that is ridiculous! That is a criminal action by our university systems! That is horrible!

  7. @choosey87

    December 24, 2023 at 6:45 am

    "It's a privilege to pay off your student loan debt"??? Um No! I can think of 100 other things I would have loved to spend that $50k on, instead of paying off my student loans responsibly.

  8. @Jp-mn1rq

    December 24, 2023 at 6:45 am

    Why didn’t she pay down the principal when no interest was accruing. So stupid and irresponsible

  9. @managingmonasmoula9811

    December 24, 2023 at 6:45 am

    These individuals and so many more like them took out loans, signed their names and got way in over their heads in loans! You signed, now pay up! It’s not the American taxpayers responsibility to “forgive” your loans! These borrowers do not get to complain! They weren’t complaining when the money was released to them or the university in the first place. I didn’t hear any complaints back then. The financial illiteracy in this Country is mind boggling and down right horrible!

  10. @pancakes4140

    December 24, 2023 at 6:45 am

    If you got a worthless degree then it's on you

  11. @safetyfirst3446

    December 24, 2023 at 6:45 am

    I dont get why they keep saying loans have been discharged when Im still paying back everything with interest. The “Save Program” doesnt save anything. It just takes longer to payoff and your still incurring interest.

  12. @newsomsr2000

    December 24, 2023 at 6:45 am

    Democrats did that remember abc cnn college debt is good debt ill make more lol vote Democrat you will learn one way or another

  13. @stevenlopez1717

    December 24, 2023 at 6:45 am

    We should have the option of opt-ing in to various social programs such as student loan forgiveness.

    If an individual wants to participate, they may have portions of the student loans forgiven but must pay increased income and property taxes for the duration of their life and those who do not want to participate, their tax rates are unaffected.

  14. @phils.3178

    December 24, 2023 at 6:45 am

    It's ironic that she's putting money away for her children's education while buried in education debt.

  15. @FoamandStuff

    December 24, 2023 at 6:45 am

    Just pause the interest payments and let people pay back the principal only. The interest is what’s hurts the most because you can pay your student loans for years and if you’re on an income based repayment plan which is most popular, often times the repayments are not enough to cover the interest payments so the principal never gets repaid. And the interest builds on top of interest. That’s how you end up with higher and higher loan balances and the debt doesn’t seem to go down. Also for those who already paid back the original principal borrowed in total repayments their loans should be forgiven because the only reason they can’t pay off the full balance is because of interest on interest debt that has ballooned. There are a lot of organizations that profit from student loans. Student loans are packaged with hundreds of loans or thousands and sold off as fixed income bonds to investors. It’s called a SLAB. Remove the profit motives and make the money borrow have no interest. The government doesn’t need to profit off education and neither does Wall Street. No student loan forgiveness just change the repayment rules and allow bankruptcy for some who are severely debt burden and can never repay the loan just like with every other debt in America.

  16. @landonshores7004

    December 24, 2023 at 6:45 am

    I’m on the tail end of my loans and owe $16k @ 7.76% paying $100/month in interest, which is manageable. I can’t imagine students graduating these days with a bachelors and $150k+ in debt. Even more so, doctors and attorneys graduating with $500k+ must CRINGE looking at those interest payments!!!

  17. @twilliams842

    December 24, 2023 at 6:45 am

    They tell you if you go to college you’ll make a million more than people who didn’t go. I guess they didn’t tell people you’ll be paying 2 million back

  18. @casienwhey

    December 24, 2023 at 6:45 am

    Loan forgiveness just means transferred to everyone esle. So now the general public has to make up the money the students won't pay.

  19. @turnovertheleaf5505

    December 24, 2023 at 6:45 am

    Biden: Does Something illegal
    Judges: "Nope, sorry!"
    Biden: "Republicans!!!!"

  20. @Yu_Wei

    December 24, 2023 at 6:45 am

    Yeah but who is going to pay that money???

  21. @FUNNYBUNNI1

    December 24, 2023 at 6:45 am

    Don’t feel sorry for any of these borrowers. I didn’t even complete my bachelors because it would mean I would need to get a loan and I decided not to. Be responsible

  22. @Chanceholland1

    December 24, 2023 at 6:45 am

    You bought a house with that much student loan debt, wow!! Don’t take out a quarter million dollars in loans if you aren’t going to repay. It’s asinine how deluded and victim minded some people are. Yes college is expensive but I went through 11 years of college to get my PhD with no family support and lived poor. I left with $55k in loans, and that included using loans to buy a used car. $250k in loans for a masters is an F in common sense; maybe we should raise the bar for admissions and the loan crisis would go away. And of course I agree college is too expensive (largely because of loans propping up this market) and that loans should be more limited. But take some responsibility for your decisions, don’t socialize your debt on the tax payers’ back.

  23. @MrMountainchris

    December 24, 2023 at 6:45 am

    I'm not paying either way. If this country has 100 billion for Israel, 200 billion for Ukraine, and trillions in tax cuts for corporations and billionaire, I'm getting a free degree.

  24. @graciebarrabjj123

    December 24, 2023 at 6:45 am

    LOL pay your debts you bums 😂😂

  25. @S0ulsinner

    December 24, 2023 at 6:45 am

    Pay your damn loans people. Simple as that

  26. @bivianacoyomani515

    December 24, 2023 at 6:45 am

    Aint no way …. he went to graduate school just to take out 200k in student loans. I'm a social worker with an LMSW. Graduated with 51k after undergrad and graduate school. About 36k in graduste student loans.

  27. @marcusocho2358

    December 24, 2023 at 6:45 am

    Some of these comments are actually crazy AF. For all the cocky people with the snide comments lets think about this for a second. If your country is in a trillion+ student loan debt crisis maybe the barrowers are not the problem, have you ever considered that the system in place is failing? Colleges are not for the betterment of the students, they are a business. People are in debt because you have useless degrees for careers that dont exist or careers that are outdated. Its just that simple bro.

  28. @ToxicAvengerCleanYourMind

    December 24, 2023 at 6:45 am

    There's too big to fail and too small to care about, I guess.

    You'd think with living in a Democracy the people would have more say how their money is spent…but nope, free money for illegal immigrants and giving out weapons to countries most can't locate on a map is more important then future generations of their own country.

  29. @mookey9227

    December 24, 2023 at 6:45 am

    All everyone needs to know is that every loan created by fiat (dollars) is immoral and therefore illegitimate. Originated in theft by force, fiat loans are as valid as the demands of a thief . Don’t just buy gold and silver. Stop paying back mortgage debt, student loans, credit cards, and cad payments, and end the fed and crash the bond market

    https://thinkingwithzach.blogspot.com/2023/10/letting-go-of-obligation-to-debts.html?m=1

  30. @pseudovictim

    December 24, 2023 at 6:45 am

    I am sorry, if this is the attitude of the average American, then the world shouldn't be lending to the US. Utterly irresponsible, total lack of self-awareness, exceptionally self-absorbed those are some of the things which cross my mind from what I view as an "educated" American from across the pond.

  31. @craigjohnson2080

    December 24, 2023 at 6:45 am

    I call for a student loan revolt. We should all stop paying!!! The real crooks are the administrators who make out like kings while selling worthless degrees. I earn less per hour than me father did 20 years ago with only an associates. If I had put my degree on a credit card I could have disputed the charge!!!

  32. @craigjohnson2080

    December 24, 2023 at 6:45 am

    I call for a student loan revolt. We should all stop paying!!! The real crooks are the administrators who make out like kings while selling worthless degrees. I earn less per hour than me father did 20 years ago with only a associates. If I had put my degree on a credit card I could of disputed the charge!!!

  33. @andymarshall44

    December 24, 2023 at 6:45 am

    Quit crying and make your payments

  34. @tubesurfer777-el8vl

    December 24, 2023 at 6:45 am

    RIP

  35. @thejuicerr

    December 24, 2023 at 6:45 am

    Y'all in debt students have nobody to blame but yourselves.

  36. @metalhead6526

    December 24, 2023 at 6:45 am

    Pay your bills deadbeats

  37. @tmusa2002

    December 24, 2023 at 6:45 am

    PARENTS—Please save for your kids’ college and if you can’t, figure out why and try to fix that. If you still can’t, encourage your kids to skip college. You see the destruction the world of entitlement has created.

  38. @tmusa2002

    December 24, 2023 at 6:45 am

    I do hope they realize that politicians will say ANYTHING to get their vote. Cruel example right here.

  39. @tmusa2002

    December 24, 2023 at 6:45 am

    Why would you buy a house because your debt payments was PAUSED? How terrifying! They just added a huge debt to their debt? How is that okay? And they likely overpaid for a house to boot. Financial illiteracy.

  40. @tmusa2002

    December 24, 2023 at 6:45 am

    I’m so happy students got three years of interest free payments. So many were able to pay off their loans or save up.

Leave a Reply

Your email address will not be published. Required fields are marked *

News

Good Morning America Full Broadcast – Tuesday, September 01, 2026

Published

on

By



‘Dancing with the Stars’ judges, hosts talk new season; Jim Curtis talks new book, ‘The Book of Possibility’; Babs Costello talks new book, ‘Homemaking.’

–––

Subscribe to ABC News on YouTube: https://abcnews.visitlink.me/59aJ1G

ABC News is your daily source of breaking national and world news, exclusive interviews and 24/7 live streaming coverage. https://abcnews.com

Download the ABC News app for the latest headlines and alerts: https://abcnews.com/devices

Connect with ABC News on social media:
Facebook: https://www.facebook.com/ABCNews
Instagram: https://www.instagram.com/abcnews
TikTok: https://www.tiktok.com/@abcnews
X: https://twitter.com/ABC
Threads: https://www.threads.net/@abcnews
WhatsApp: https://whatsapp.com/channel/0029VajTNakKWEKkXoAPIR11
LinkedIn: https://www.linkedin.com/company/abcnews

source

Continue Reading

News

US-Russia summit proposal

Published

on

By



President Joe Biden and Russian President Vladimir Putin have agreed to hold a summit “in principle” on the condition that Russia does not invade Ukraine. ABC News’ Faith Abubey has more.

source

Continue Reading

News

Good Morning America: News to start your day | September 1

Published

on

By



All the news you need to start your day from “Good Morning America.”

–––

Subscribe to ABC News on YouTube: https://abcnews.visitlink.me/59aJ1G

ABC News is your daily source of breaking national and world news, exclusive interviews and 24/7 live streaming coverage. https://abcnews.com

Download the ABC News app for the latest headlines and alerts: https://abcnews.com/devices

Connect with ABC News on social media:
Facebook: https://www.facebook.com/ABCNews
Instagram: https://www.instagram.com/abcnews
TikTok: https://www.tiktok.com/@abcnews
X: https://twitter.com/ABC
Threads: https://www.threads.net/@abcnews
WhatsApp: https://whatsapp.com/channel/0029VajTNakKWEKkXoAPIR11
LinkedIn: https://www.linkedin.com/company/abcnews

source

Continue Reading

News

ABC World News Tonight with David Muir Full Broadcast – Aug. 28, 2026

Published

on

By



As the death toll rises from the catastrophic glacier collapse and floods that rocked Nepal and Tibet, Britt Clennett has the latest on the incredible survival stories, speaking with an American couple who were on a bus and narrowly escaped the wall of water; Pierre Thomas has details on ICE’s plans to purchase robot dogs to help track and apprehend undocumented migrants; Morgan Norwood reports on the Wisconsin father on camera appearing to deliberately trip a player at a youth football game, leaving parents stunned; and more on tonight’s broadcast of World News Tonight with David Muir.

______________
00:00 Intro
02:13 American survivors describe harrowing escape from floods in Nepal-Tibet disaster
05:49 Lindsay Clancy trial jury asks to see key evidence on day 2 of deliberations
08:08 ICE plans to buy robot dogs to help track and apprehend undocumented migrants
09:43 War in Iran hits six months as gas prices in U.S. average over $4 a gallon
11:28 Video shows woman in Ukraine escape Russian drone blast by inches
11:54 Police on Long Island review new surveillance images in manhole mystery
13:10 Outrage after a video appears to show a Wisconsin father deliberately trip a player during youth football game
14:12 Thousands march in D.C. in honor of Martin Luther King Jr. and call for voting rights
15:02 18-wheeler outside California’s Lake Tahoe left dangling from overpass after crash
15:23 Driver in California rescued after crashing and plunging off cliff
15:44 Oklahoma City eviction turns into fiery confrontation between deputies and man with homemade flamethrower
16:20 Gladys Knight reveals she’s stepping back from the stage, doing fewer performances
16:45 Trump honors the crew of Artemis II in celebration of historic moon mission
17:32 Dolly Parton’s acts of generosity to be felt for generations
______________

ABC World News Tonight with David Muir delivers the news that matters most. Watch to get the latest news stories and headlines from around the world.

Follow ABC World News Tonight on…
Instagram: https://www.instagram.com/abcworldnewstonight/
TikTok: https://www.tiktok.com/@abcworldnews
X (formerly Twitter): https://twitter.com/ABCWorldNews
Facebook: https://www.facebook.com/WorldNewsTonight
Threads: https://www.threads.net/@abcworldnewstonight

ABC News is your trusted source for breaking news, analysis, exclusive interviews, headlines, and videos: https://abcnews.go.com/

Subscribe to ABC News on YouTube: https://bit.ly/2vZb6yP

Watch full episodes on Hulu: http://abcn.ws/3bzvQQn

#WorldNewsTonight #DavidMuir #News #ABCNews

source

Continue Reading

News

Tracking flash-flood threat and dangerous heat

Published

on

By



ABC News meteorologist Leslie Lopez is tracking the flash-flood threat for parts of the West and the dangerous heat for millions of Americans.

—-
Subscribe to ABC News on YouTube: https://abcnews.visitlink.me/59aJ1G
ABC News Digital is your daily source of breaking national and world news, exclusive interviews and 24/7 live streaming coverage.

Download the ABC News app for the latest headlines and alerts: https://abcnews.go.com/devices

Watch 24/7 coverage of breaking news and live events on ABC News Live: https://www.youtube.com/watch?v=gN0PZCe-kwQ&ab_channel=ABCNews
Watch full episodes of World News Tonight with David Muir here: https://youtube.com/playlist?list=PLQOa26lW-uI8ixlVw1NWu_l4Eh8iZW_qN&feature=shared

Read ABC News reports online: http://abcnews.go.com

ABC News is the home to the #1 evening newscast “World News Tonight” with David Muir, “Good Morning America,” “20/20,” “Nightline,” “This Week” with George Stephanopoulos, “ABC News Live Prime” with Linsey Davis, plus the daily news podcast

“Start Here.”Facebook: https://www.facebook.com/ABCNews
Instagram: https://www.instagram.com/abcnews
TikTok: https://www.tiktok.com/@abcnews
X: https://twitter.com/ABC
Threads: https://www.threads.net/@abcnews
WhatsApp: https://whatsapp.com/channel/0029VajTNakKWEKkXoAPIR11
LinkedIn: https://www.linkedin.com/company/abcnews

source

Continue Reading

Trending

On this website we use first or third-party tools that store small files (cookie) on your device. Cookies are normally used to allow the site to run properly (technical cookies), to generate navigation usage reports (statistics cookies) and to suitable advertise our services/products (profiling cookies). We can directly use technical cookies, but you have the right to choose whether or not to enable statistical and profiling cookies. Enabling these cookies, you help us to offer you a better experience.