Biden Forgives Student Loans–Weigh In . . .
Biden Forgives Student Loans–Weigh In . . .
The Biden Administration announced forgiveness/cancellation of some student loans. How will this impact our nation financially? How will this impact people to have their debts paid by others? What are your thoughts? Please read and share in the comments section.
From The Wall Street Journal. President Biden will forgive up to $20,000 in federal student loan debt for tens of millions of Americans, a move that will provide unprecedented relief for borrowers but is certain to draw political and legal challenges.
Following more than a year of internal debate, the president will announce later Wednesday that he will cancel $10,000 in federal student loan debt for borrowers making under $125,000 a year or couples making less than $250,000 a year, according to the White House. In addition, those who receive federal Pell Grants and make less than $125,000 a year would be eligible for total forgiveness of $20,000, the White House said. Independent estimates suggest the plan will cost more than $300 billion over 10 years.
The forgiveness applies to students with federal loans from undergraduate and graduate programs, as well as Parent Plus loans, White House officials said. While debt forgiveness is often treated as income for tax purposes, the canceled student debt will be exempt, like some other federal student debt forgiveness programs.
Mr. Biden also announced an extension of the pandemic pause on student loan payments through the end of this year. Loan payments were set to resume for millions of borrowers after Aug. 31. The Education Department will release more details on how borrowers can claim relief in the coming weeks and will make an application available before the repayment pause expires at the end of the year. Around eight million borrowers could be eligible for automatic relief, the department said, because the department already has their income data.
A plan to forgive around $10,000 of student debt for borrowers who make under $125,000 a year or around double that for married couples would include most of the 40 million people with student debt. The action could render up to 15 million borrowers whose balances are under $10,000 free of student debt.
The provision for Pell Grant recipients would likely push that number higher, as around 6 in 10 borrowers with any federal loans also received a Pell grant. Pell Grant recipient graduates have about $4,500 more in debt than other graduates, according to a 2020 analysis of federal data by the Institute for College Access and Success, an advocacy group. Pell Grants are a form of federal financial aid for undergraduate students….
The inclusion of Parent Plus loans means millions of families who have taken on massive debt could see their debt load decreased. While the government imposes a limit on the amount of undergraduate debt a student can take out, the Parent Plus program lets people borrow the total cost of attendance—room and board, books and personal expenses on top of tuition—for as many years as it takes to get the degree.
Current students are also eligible for loan forgiveness, according to a senior administration official. But students who have been claimed as a dependent will have their eligibility determined based on their parents’ or guardians’ income, the official said. Borrowers who earned less than the $125,000 income threshold in either the 2020 or 2021 tax year will be eligible for the loan relief, the official added.
To prevent student debt balances from ballooning in the future, the White House said it would propose a regulation that would cut from 10% to 5% the amount of discretionary income borrowers must pay each month on their undergraduate loans if they are enrolled in an income-driven repayment plan. The rule would also forgive loan balances for people enrolled in income-based plans after 10 years of payments, down from 20 under many of the current options, for borrowers whose original loan balances were $12,000 or less.
Under the proposed regulation, enrolled borrowers making less than 225% of the federal poverty line wouldn’t have to make monthly payments on their loans….
The administration’s move to cancel $10,000 in debt falls short of what borrower advocates and progressive Democrats have demanded: Full student debt cancellation, or at least canceling $50,000 per borrower. But it represents a sea change in the federal government’s approach to higher education finance, and is a tacit admission that the decades-old programs designed to make college affordable haven’t lived up to their promise….
Polling has shown that Americans are divided on the issue of debt forgiveness, with support fluctuating depending on the details of the proposal. An NPR/Ipsos poll released in June found 55% support for the idea of forgiving up to $10,000 in student loan debt….
Mr. Biden has previously raised questions about whether he has the power to take executive action to cancel student debt on a large scale. “I don’t think I have the authority to do it by signing with a pen,” Mr. Biden said during a CNN town hall last year. Some of Mr. Biden’s advisers also have privately raised concerns that broad debt forgiveness could face legal challenges, The Wall Street Journal has reported. Other advisers contend the president is on solid legal ground….
Economists say that a tailored debt cancellation plan is unlikely to exacerbate short-term inflationary pressures, but could add to them in the long term, especially if universities continue to raise tuition because students might expect their loans to eventually be canceled….
From The Washington Times. President Biden’s election-year plan to cancel student loan debt would cost the Treasury at least $329 billion and would mostly benefit wealthier taxpayers, according to a study released Tuesday.
Have you taken your place on the wall?
The Penn-Wharton Budget Model found that forgiving $10,000 of student debt per borrower for families with incomes of up to $125,000 annually, a plan Mr. Biden could authorize as soon as this week, would cost the federal government $329.7 billion in lost revenues over 10 years….
The president could announce his decision as soon as Wednesday, according to a number of news reports. The pause on student loan repayments that has been in effect since March 2020 is set to expire on Aug. 31….
Deficit hawks say the president’s action would wipe out much of the expected deficit reduction from Democrats dubbed the “Inflation Reduction Act” that Mr. Biden signed into law last week….
“Simply extending the current repayment pause through the end of the year would cost $20 billion — equivalent to the total deficit reduction from the first six years of the IRA, by our rough estimates,” said the nonpartisan Committee for a Responsible Federal Budget. “Cancelling $10,000 per person of student debt for households making below $300,000 a year would cost roughly $230 billion. Combined, these policies would consume nearly ten years of deficit reduction from the Inflation Reduction Act….”
Arguing that massive school loans have saddled a generation of college graduates with heavy debts as they start their careers, liberal activists are complaining about Mr. Biden’s reported plan to cap debt relief at an income level of $125,000. Melissa Byrne, executive director of We The 45 Million, called it “an outrageous violation of President Biden’s March 2020 campaign promise of a minimum of [$10,000] cancellation for all borrowers….”
How are you praying about this issue? Share this article to raise awareness.
(From The Washington Times and The Wall Street Journal. Photo Credit: Getty Images)
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Comments
What is the current status with the courts?
The measure will not be fair to the students who have already paid their loans and those who have had family pay their loans. Also, it creates a dependency on the federal government for those matters, as well as all other areas of life. This is an effort to secure votes in the mid-term elections and thus leading the people into Socialism further.
I paid my student loan!
But my main objection is why should people and their families who are struggling and could not afford college pay off a student loan for somronr who 9 chances out of 10 is probably making 2 times as much as they are and may even be their boss! Plus why should the low income person pay for some to be able to play golf every week when the are struggling with their utilities or transportation or food and medical bills? If he wants to take from those that have for those that have not this is a HUGE DEPARTURE CROM THAT STAND!
I see the move as extremely political! A way to win votes!
Has the man no shame at all!
This is wrong. It’s encouraging people to be irresponsible and it’s taking from the working taxpayer (once again) under the guise of “free” and putting a strain on families that may not have had the privilege of going to college or worked hard to pay their student loan off. It’s nothing more than a political vote-buying, socialist, slap-in-the-face move. Praying for our country everyday.
Biden is too busy giving away large sums of money. Biden does not have the authority to cancel these education debts and should not be allowed to do so.
Many people worked to pay off their student loans. The people who owe this money can do the same. I paid my student loan in a timely fashion. STOP THE GIVE AWAY!
Lord Jesus, please, by Your grace and mercy, let this Presidential overreach Fail miserably. It simply is no good on many levels.
Student Loans are an OPTION anyone who seeks higher education ALWAYS has to face. It is the STUDENT”S OPTION to proceed with THE LOAN or take time to EARN the money and then attend University etc. WHEN YOU HAVE THE MONEY TO ATTEND. The loan states that the PERSON taking out the loan AGREES to pay it back WITH any charges etc the LOANING INSTITUTION’S policy states. THEY signed THIER NAME, I doubt some loan officer or anyone else stood behind them with a gun to their head or other threats to “GET THE MONEY!! The people that are NOW PAYING THEIR BILL to go to college etc. in MANY CASES are folks that DIDN’T GO TO COLLEGE BECAUSE THEY COULDN’T AFFORED IT!! So now we are being asked to PAY for someone who COULDN’T AFFORD to go BUT WENT ANYWAY?? As future adults are we going to be asked to FORGIVE them their “OUT OF CONTROL SPENDING??” Since it WORKED THE FIRST TIME why NOT TRY IT AGAIN!! Ridiculous!!
I have HAD ENOUGH OF THE “YOU OWE ME” generation!!
The President’s decision to forgive student loans is outrageous and totally unfair to all Americans who have real economic needs. Persons who take out these loans knew they would be obliged to repay them. Perhaps Mr. Biden would agree to forgive all the mortgage loans as well, which might be more necessary. Could he possibly resurrect the Keystone Pipeline which would help the entire country. All of us “regular” Americans are suffering due to inflation at the gas pumps and grocery stores…but apparently pandering to the electorate with so-called “free money” is more popular. There is no such thing as free, as we all pay it back. College tuition is out of control and where does that money go?
Per Nancy Pelosi on national news station, This doesn’t fall under the presidents authority it falls under Congress to make this decision
so why haven’t they vetoed it?
Sadly, this is more government overreach. Nobody wants to be in debt, but a loan is based on an agreement to pay back the amount borrowed. What would be more helpful is lower interest rates for college loans. The “free lunch” is going way beyond. And, of
course, it isn’t free.
Make Obama help to pay off the student loans. He started this nonsense by pushing aside private banks and making the government back up student loans, causing college tuition rates to soar out of reach of most citizens.
My sin went directly to Work because we couldn’t afford to pay for his career There are lots of job openings with great incentives Stop giving free incentives Get these people to work and pay for their own expenses like all of us We can barely pay for our own expenses When everything is costing more and having a fixed income IE SS Income This is insane
I so oppose this President’s actions regarding the student loan forgiveness. We keep creating irresponsible people by our coddling. The generations coming up and buying into all these new immoral, unGodly ways give little hope for the America of years past to survive.
What a slap in the face to those of us who had no intentions of some one else taking the responsibility for the cost of our own educations. After paying out of State tuition for 4 years & paying off my undergrad degree by working my way through PSU, I still had to pay 1,200 dollars a month for 8 years to pay off my doctorate. I lived (and continue to live) below my means, hauled my own trash, never had cable TV or the latest smart phone. I chose an affordable home close to work so I could ride a bicycle to my job weather permitting and my wife and I delayed our family for years while I worked at some points in my career for 3 different employers simultaneously to get out of debt.
I am not saying for accolades or pity…I am saying this because there is not doubt in my mind that anyone can afford to get out of the burden of student loan debt if they are willing to work very hard, exceed expectations, delay gratification, live below their means.
The principles and discipline that allowed my wife and I to pay off my student loans have also allowed us to pay off our mortgage, have no credit card debt, no car loans and be generous to others all within the first 10 years of my completing my higher education while only earning a modest salary for someone with 9 years of college.
What about the families that don’t make even 60,000 a year with two incomes? I am so sick of working 40 hours a week and raising two young grandchildren with no help because I work 40 hrs. But we can bring illegals here and support them with no problem for God knows how many years. I’m strughling to pay the bills and budgeting everything while immigrants are filling their carts with meats that we can no longer afford, And clothes overflowing> Yeah!!! I said it!!!
You people somehow rationalize that it is a choice to be poor! So what you are saying is that the children of poor people have no right to a college education??? How arrogant and hard hearted can you be! I’m sure Jesus applauds you for your personal responsibilty and self sufficiency!!!
But seek first the kingdom of God and His righteousness, and all these things shall be added to you. Matthew 6:33
Stop the shame game already. There are grants out there for the truly poor. Government hands those out like candy. Think about how irresponsible this will make people. Always holding their hand out and feeling entitled instead of being responsible. What does the Bible say about debt and about working? Read up on that.
This administration continually passes bills that encourages people not to take responsibility for their actions. When applying to college people need to have a plan for the goals they want to achieve. Within the plan they need to consider the financial cost. That means finding out what the financial gains are in pursuing that field; as well as being able to pay back monies borrowed.
When our children went to universities, we considered these things with them. We considered the end result, if there would be adequate income for all of the choices that were made.
My husband and I were raised to be responsible for the choices we made. We raised our daughters the same way. We knew that other people should not take responsibility for our decisions. Therefore, we guided them to make sound decisions. They realized that they would be responsible for the end result.
When governments decide to forgive debts of a group of people then that burden of debt is placed on other people. Those people will not reap any benefits from the education or degrees that were obtained. This is not right on many levels!
Imagine this: Then Jesus said to the blind man, “I won’t heal your eyes because that just wouldn’t be fair. Tell you what, you start saving every penny you earn begging along the road. Don’t spend any of it on food or shelter. Also I want you to double the hours you spend begging everyday. In 30 years time you should have enough pennies to pay for eye surgery for yourself, which may or may not restore your sight.”
Sound ridiculous to you? It does to me too!
BIDEN IS DUMB, ITS HARD TO BELIEVE THAT DUMB BIDEN IS DOING THINGS LIKE THAT. I HOPE THE DEMOCRATS DO NOT WIN OR KEEP THEIR SEATS. THEY ARE TURNING AMERICA INTO RUSSIA.
Pray, vote, pray.
This will lower personal goals of personal achievements and will also open the door for some to just live on campus with no desire to study. Another form of welfare for those who need a place to stay and or don’t want to work. The truth is the government isn’t paying for this, the taxpayers are.
I pray for conviction where needed and peace only God can give when the correct decision is met.
This is unconstitutional and primary benefits the wealthy. For this to be legal legislation needs to be drafted and passed in congress. I don’t agree with this lawless action by Biden.
Father I know you see this as well as all the other lawlessness being forced upon Americans and I thank you in advance for turning all of this into good, according to your plan.
Please pray for some of the root causes of this problem. Below are some creative ideas to pray about implementing.
It would be a great to have student loan companies reduce their interest percentages.
At one time student loans had a 3% interest rate. Now it has more than doubled to usually 8%.
It would also be good to lower the income threshold to $50,000 or less for a single loan. These are the former college students who got their degree, such as teachers, that need help the most, especially those who have over $100,000 in debt.
We are expecting taxpayers to foot another program to hand out money. Ideally, we are robbing many students of the satisfaction of paying off their own loans, especially smaller ones. Others are overwhelmed by the enormity of their loans and how little they earn, plus how long it will take to repay the loans. Maybe there could be an application process for students to apply for loan forgiveness based on the amount of the debt, their current job income, and normal expenses.
Loans under a certain amount, like $20,000 or less would not be eligible.
Pray for a wisdom on how to solve this problem and ways to help relieve college loan debt for those who truly need the $10,000, which is sometimes only a small portion or percentage of their total debt. Pray for ways to provide more scholarship money through businesses and foundations. Pray for creative ways for students to earn extra money to pay off their loans. Pray for unusual ways for colleges to cut costs.
Ultimately, pray for this nation to humble themselves, pray, seek God’s face, turn from their wicked ways individually and corporately so that God might hear, from heaven, forgive our sins, and heal our land. This process does not have shortcuts.
May God bless you for these wise thoughtful prayer topics. The Good Lord will help us to approach prayer topics with our spirit and not our soulish flesh. How would Lord Jesus pray to The Father about this…nevertheless not our will but The Father’s will be done.
Good option stated. Much better than present plan.
Definitely a slap-in-the-face to many students, parents who payed for schooling.
Also a pay-for-votes scheme.
Governmental reckless spending will increase and drive inflation and recession. This is a deliberate attempt to destroy America’s economy to put us under a one world government.
Lord cause every evil scheme to enslave and control Your people and nations be destroyed. Remove their influence and change their hearts.
Lord righteousness and justice are the foundation of Your Kingdom, what is currently happening in The United States is wrong; our leader is out of control and making poor choices, I ask that you would send us help and get us back in alignment with Your Will , I ask in the mighty name of Jesus come and do what only You can do. Amen
Dear Heavenly Father,
We pray that you will protect our beloved country against the reckless and irresponsible fiscal mandates imposed upon us by the Biden administration. The latest “debt forgiveness” plan , illegally proposed by Executive Order, has an innocuous -sounding name, but is deceitful.
There will be many foolish, expensive, unintended consequences of this order, including burdensome tax increases on top of current, higher, historic rates of inflation. These will negatively impact the most vulnerable members of our society, forcing those who never went to college (60%) to “foot the bill” for the rest (40%). This is a massive wealth transfer ($300-500 billion). It also opens “Pandora’s Box,”
as it sets a precedent for excessive, additional, unfair government spending of our limited tax dollars.
Dear God, please give our national leaders your divine wisdom in helping to govern our country in truth, righteousness, and justice . 🙏
We pray in the mighty name of your beloved Son, Jesus Christ. ✝️
The lying jackal resident in the White House hopefully does NOT have the authority by the stroke of a pen to launch debt ‘forgiveness’ that will seriously exacerbate inflation. He is of course seeking to buy votes, since the Democrat Party and their radical leftist communist agenda are already doomed to oblivion. This man who is not long for the world needs a Rude Awakening, with the Holy Fear of the LORD dropping on his grifter head.
https://zionsgate.wordpress.com/2011/11/20/the-holy-fear-of-the-lord-part-i/
Holy Father, we are agreeing with Your Divine Mandate to cleanse America and Theo world community of the pestilence that has been dropped on us all… by sinister forces that ARE being exposed. May You receive the GLORY You deserve when ALL the criminals are prosecuted for TREASON!… in Jesus’Name, AMEN!
Will be praying against this robbery from the hard-working American taxpayers. The current administration is Theft, Inc.
As a professional who is still paying off student loans on a non-federal loan, it sends the wrong message. I’m working hard to pay off the debt that I incurred. I’m not asking someone else to pay it, I’m being a responsible adult. We’re only enabling a generation that is already lazy to be even more so. They already want to enter the workforce making as much as the CEO yet do a minimal amount of work. It’s time to wake up and remind humanity that choices have consequences. If you choose to take out a loan, its up to YOU to pay it back. Now because of Biden, I’m not only paying off my own student loan debt, I, along with the rest of the taxpayers get to pay off all those he’s “forgiven”. That makes a whole lot of sense…NOT! But what do you expect when these people clearly have been taught if you run out of money just print some more.
We have two children who completed their college education. One who worked as a student to do undergrad education…took one year off to earn income needed for the completion of a Juris doctorate. The other struggled to handle the expenses of daily college life. Should others be responsible to repay the huge student loan accumulated by the second? We don’t think so. Financial responsibility is learned not by bailing out but by hard work and taking responsibility for debt accumulated by the individual. It is hard to see the second one struggle but the end result is personal responsibility.
Because the puppets know they are losing the midterms, the loan forgiveness is just a vote buying scheme and is constitutionally illegal a attempt by communist china to take over our country
i finished 7 years of post high school education and graduated debt free. I worked as i studied to pay my school fees. I don’t think that i or others who have not had a college education should be paying the debts of college students. They should work to pay their own.
Some of my initial thoughts concerning the cancelation of student debt:
1) How does canceling student loan debt (up to $10k for certain wage earners) resolve the ever-increasing cost of higher education (universities, not trade schools) for future students?
2) Does cancelation of debt incentivize institutions of higher education to compete on tuition cost?
3) It’s my belief that “Higher ED” loves student loan debt. Because of student loans, state subsidies, and a populous convinced that opportunities are missed or made unavailable (excluding some professional degrees) without a four (4) year degree, a viscious cycle continues to occur.
What viscious cycle, you ask? The government loans/grants, far too easily, large sums of money to students for education. “Higher ED” knows that financial assistance is easily acquired from third parties, Therefore, it (easily acquired loans and financial assistance) incentivizes increases in tuition costs that currently far surpass inflation; the cost of tuition at public 4-year institutions increased 31.4% from 2010 to 2020. After adjusting for currency inflation, college tuition has increased 747.8% since 1963 (educationdata.org).
Our young people will continue to borrow beyond their immediate, and potentially future means, because the broader culture and educational system has convinced us that, “you must have that four (4) year degree to succeed”.
So….what does canceling student loan debt achieve? Immediate relief. Debt obviously hinders opportunities and economic growth. In another sense, canceling student debt takes our eyes off the bigger picture of needing to decrease educational costs (e.g. tuition) and promote alternatives (e.g. tradeschools).
It’s a forest for the trees example. The government says, “look here, we’ve canceled your debt (trees) but in reality, the underlying reasons why students are burdened with so much debt remains unresolved (forest).
https://www.forbes.com/sites/zackfriedman/2022/08/24/biden-cancels-student-loans-and-extends-student-loan-payment-pause/?sh=27add2492784
Those making up to $125K/year and couples making up to $250K/year should be able to make the payments on their loans. They can surely downsize their lifestyles instead of passing the buck onto those making less than them in order to maintain a certain standard of living. The threshold of eligibility for this loan forgiveness is quite ridiculous and should be lowered significantly. Even those making half of the threshold are making more than most Americans. I agree with all those who are suggesting cancelling or lowering interest on student loans instead. Who is profiting off of all the interest?? Lord, give us Your wisdom and install Your people in key positions to release your Heavenly solutions for our country!
He has “over-stepped” his authority, for only CONGRESS can pass a resolution in forgiving student loans, and besides that, those individuals who received the student loans and obtained a degree and those who dropped out after receiving their loan, should be the ones paying back the loan and not “WE THE PEOPLE”. I paid mine back by setting up a budget while I was in the Air Force.
Sinful
Not sure of Biden’s motivation to do this except to save face before midterm elections? It’s complicated. 1. Over the course of our graduate school loans the govt made changes without permission from the borrower which added a lot of interest owed. That’s not right or fair to the borrower. 2. The amount is a drop in the bucket for larger loans that have increased over time. The income contingent payback plan ends after 25 years forgiving what ever is left. This is potentially a much larger forgiveness. 3. Is this good for people or the federal budget? If a couple both used loans to get a pricey grad degree in counseling and then chose to work for & serve the most needy, critical populations of individuals they won’t be able to afford to pay back much at all. But the forgiveness programs for teaching at high risk schools & locations does forgive student loans acknowledging the need. Why was this not extended to the mental health workers sacrificing to help people in need? Or there should be compensation for MA level professionals allowing to pay back their loans even when they work with difficult underprivileged populations. They should be paid more because it’s a much more difficult job. 4. Then we look at the National debt. The fact is there is so much corruption and misdirection of funds which is a huge problem that student loan payments will never fix. 5. So will it lower the work ethic, honesty and dedication of those receiving benefits? Or will it free up their debt slavery / burden allowing them thrive? Those just looking for a way to escape their responsibilities aren’t helped much by it.
Bottom line – there’s a system that creates debt slavery which should be made right.
If Brandon is going to give $10,000, $20,000 or whatever the amount, to cancel student debt, which he Doesn’t have the Legal authority to do, then it’s only Right to send us Our cut to help with Our bills, too!! Period!! 👍👍 If Brandon wants to put out that kind of money for that fm His Own pockets… which are Filled to the brim with dirty money… then fine! Otherwise, STOP the Insanity!!!! 🤬
The Federal Government has no authority to take revenue for this activity. Valid contracts of debt were signed by the people when obtaining the loans. I struggled to repay my student loans on schedule when I had to pause my education due to marriage and having children, yet we found a way to meet our legal and justified obligation. This is political pandering ahead of an election, as it will not provide much relief for many debtors, yet it will worsen our national debt crisis.
Yup it’s all easy to say when you have food on your table regularly, a car to drive yourself around, and a college degree in your back pocket. Yup its easy to become critical of others who are trying to do everything they can to help their children have a better education and a better life than they had. But that’s human nature right. I got mine so the heck with all you riffraff, right? May Almighty God hold every single one of you unmerciful so-called Christians accountable come the Judgment! Amen Lord!
Who will God hold accountable? Anyone who gives their word and signs a contract that they will pay back the money borrowed is accountable to lender and to God. Those who are opposed to Mr. Biden’s executive order to pay a portion of school loans, first see it as an overstep of Mr. Biden’s authority, secondly it is unfair to the millions of students who worked hard and paid back their loans, thirdly it is unfair to all taxpayers to add more to the national debt. I believe God holds each person accountable for their deeds including giving your word or making a vow. The American taxpayer is not responsible for anyone’s college debt but their own.
Just another way to steal other people’s money. There is no free lunch, someone has to pay your debt, usually the other guy, so look in the mirror, you are the other guy. Stupid is, stupid does
JEREMIAH 29:11: FOR I KNOW THE PLANS I HAVE FOR YOU, DECLARES THE LORD, PLANS TO PROSPER YOU, AND PLANS TO GIVE YOU HOPE AND A FUTURE. WHAT THE LORD PROMISES, HE IS FAITHFUL TO PROVIDE. UNFORTUNATELY, AS INDEPENDANT AS WE WANT TO BE , WE MAKE OUR OWN PLANS , DO THINGS OUR OWN WAYS, ONLY TO DISCOVER THE SORROWS THAT LIE IN WAIT FOR US. WITH THE BLESSINGS OF THE LORD, THERE IS NO SORROW ADDED. AS WE WAIT AND SEEK HIS FACE AND SIMPLY WAIT FOR HIS INFINITE WISDOM AND COUNSEL, WE FIND THAT HIS WAYS AND THOUGHTS TRULY ARE HIGHER THAN OUR WAYS AND THOUGHTS. KNOWING THIS, WOULD I BECOME A SURETY FOR ANOTHER THAT REFUSES THE COUNSEL OF THE LORD? THE LORD MAKES IT CLEAR IT IS NOT OUR RESPONSIBILITY. IN MY OWN HOUSE, I WILL TEACH AND HELP MY FAMILY THE LORDS WAY CONCERNING SUCH ISSUES. THEN I FEEL TO BE THERE TAKING RESPONSIBILITY WITHIN MY WALLS AND WITHIN MY HOUSEHOLD AS WE DO THINGS AS WE KNOW TO DO THEM . THE BORROWER, OTHERWISE BECOMES THE SLAVE OF THE LENDER. I BELIEVE THAT THIS CONFIRMS THE ULTERIOR MOTIVE OF THE BIDEN ADMINISTRATION. LURING THE NATION INTO FINANCIAL CHAOS AND COMPROMISING WITH THE GROSS PERVERSIONS IN OUR SCHOOLS AND GOVERNMENT. IT IS CERTAINLY CONTRARY TO COMMON SENSICAL , SOUND MINDEDNESS, BUT OUR POLITICAL LEADERS AND AGENDAS ARE CERTAINLY NOT THE LORD’S LEADING FOR OUR NATION. HIS SHEEP KNOW HIS VOICE. PEOPLE THERE’S A GOAT IN THE HOUSE, AND HE IS WARMING HIS HANDS IN A STRANGE FIRE. MAY THE CONSUMING FIRE OF THE LORD JESUS MOST HIGH AND HOLY COME QUICKLY AND BLOW UPON THIS STRANGE FIRE AND BRING IT TO NAUGHT AND MAY THE GLORY OF YOUR PRESENCE BE ENTHRONED UPON OUR NATION, LORD JESUS, AS YOU AND YOU ALONE MAKE AMERICA GREAT ONCE AGAIN. PRAYERFULLY WE BESEECH YOU. LORD GOD ALMIGHTY.
I have a friend who voted for Biden because Biden promised to pay off his student loan, which was a severe stress on his finances. But then a few months ago, he bought a house, with a mortgage of course. I guess his debt didn’t bother him too much after all. Taxpayers should not have to pay the bills for someone who doesn’t know how to be responsible with money.
This is another example of illegal executive directives by Joe Karl Marx Biden, it must be challenged in court and decleared illegal.
illegal.
I think a better solution would be to make it easier for dedicated students to get loans and to pay them back. If a student does well, his first semester, then you loan him enough for his second; the loan should be tailored to performance. If you are serious in getting a degree, then you should be able to get help. If the student completes his education and gets gainful employment, he should maybe be allowed a year to work, then start paying the money back. One of the greatest deficits in this country, is not focusing on education. I don’t mean just enrolling, but learning. I am appalled at the lack of knowledge of the graduates of today. I grew up in an era, where a college education was a privilege; today , it seems it is a day care center for people to trash this country. The young people today have it better than any other country in the world. I think having to pay for their education would make them realize that’s what’s important.
Unless I have missed something, I have not heard any politician – right or left – who has offered a possible solution to this ongoing problem. President Biden’s solution promises to relieve student debt on the backs of taxpayers who are gainfully employed and working in a marketplace where we can’t find enough employees for the jobs that are out there, and it leaves me wondering: where are the workers? Why aren’t people filling these jobs if they need money? While I am not an economic wizard, it makes me wonder if perhaps it is because there has been so much “free” money handed out in the last couple years which – notably – coincides with a huge rise in the cost of living for everyone.
What we need is a practical strategy that will allow students to attend post-secondary education and not pay exorbitant interest rates on loans taken in order to pay them off, especially when they are FUNDED BY THE GOVERNMENT. Private banking institutions can do what they want and respond to the free market, but THE GOVERNMENT SHOULD NOT BE PROFITING by strapping students with enormous loans at interest rates that are higher than mortgage and car loan rates.
I propose that the solution is not in a quick fix to eradicate debts for some who have not paid them off, while those who have paid their debts off will now be taxed further to pay off the debts of others.
I propose instead that government loans for education have either a 0% interest rate or be capped at 1% SO THEY CAN BE PAID OFF in a reasonable period of time, and not continue into perpetuity. In other words, Mr. President and members of Congress, DON’T TAKE SO MUCH OF OUR MONEY AND THEN GIVE US MONEY AND SAY YOU’RE TAKING CARE OF US. Sounds like the King and his peasants, the Lord and the serfs.
Father, I pray you would guide our lawmakers and our administration to find a solution to the college debt crisis in America that works, and does not perpetuate the same system that created it in the first place, so that students who desire to work hard to achieve the purposes for which you have created them for such a time as this can be freed from a never-ending load of debt that affords no relief.
Tax payers should not be forced to pay back student depths because people are already being overtaxed especially with this trillion-dollar budget added. The cost of living has also gone up. The students who are able to pay back should. As for those who are not able should pay when they can even if it takes years, and no one should charge them any interest.
Father God, You tell us in your Word to pay our debts. And if we don’t we are choosing to sin. Although a college education shouldn’t be so expensive for anyone these days…neither should it be up to tax payers …to take on this responsibility. How are these young people going to benefit in life Lord God, if they aren’t taught early on to manage their own bills or debts. Lord God, break this agenda that is wicked and that wants young Americans to depend on the government to pay their bills. They need to learn a great work ethic, so they can get good jobs to pay their bills …and not depend on big government but believe, have faith and trust in our BIG GOD!! Merciful Lord, even though this is being pushed through…Lord God You know how to thwart this plan of the enemy whether signed in or not. You can bring the right change allowing Students to pay for the own loans. My son went to college…we and he paid his bill off. So, it should be …not the government paying them back for them. I understand there may be some extreme circumstances for a handful of students…but over all students should pay their loans back, monthly, as they can. And Lord God, only you know if this is a trick to get votes…then they will totally change their minds and make it even harder on students and parents. Help us all have Your wisdom on the matter. You are where our Hope and help come from not big government. In Jesus’ Name I pray believing Who gives us victory even over big government. Amen.
The Inflation Reduction Act will in fact increase inflation. In reality no one is going to get a good deal out of this. Instead, prices for milk, eggs, gas, electricity will go up.
Inflation will destabilize the USA even more, which is the agenda of this admin.
Unfortunately, this administration is pure evil. Everything they have done and continue to do is destroying America. They seem to have no common sense at all, nor does it seem that they care about American’s as a whole; they need Jesus. Continue to pray for America and our conservative elected officials who are trying to help this great land. Pray that God will guide them with His wisdom, knowledge, and understanding. Pray that the Holy Spirit will fall upon this land, and world, and convict the world of sin, righteousness, and judgment. We need to lay all of this at the foot of the Cross and give it to Jesus; it’s much bigger than we are.
The Inflation Reduction Act will in fact increase inflation. In reality no one is going to get a good deal out of this. Instead, prices for milk, eggs, gas, electricity will go up.
Maybe I am missing something but how can President Biden carry through with this debt forgiveness without approval from Congress? We as taxpayers should not have to pay this debt ever.
Biden buying votes-AGAIN.
This is clearly socialistic.
Please tell me if I’m wrong, but if a conservative president tried trading votes for loan forgiveness at the expense of everyone else wouldn’t that be turned into a huge issue? We need to wake up as a nation while there’s anything at all that they haven’t laid claim to.
Our nation is so crippled at this time right now, there’s no way the government can assume this kind of debt on top of what already is owed, way into the billions. This legislation will simply not work because it originated from an Administration that lacks wisdom and cares nothing about civil liberties. Let prayer be offered that this proposal would crumble to the ground and disappear.
As a grandparent of children who would benefit from this ill-advised, vote buying policy, I am absolutely opposed to paying off student loans. No one twisted the arms of these people to take out a loan they could not expect to pay off without help, and many took loans to obtain degrees in areas they could NEVER expect to earn a living wage, but their area of study was very trendy at the time.
I am also the grand parent of children who have taken only one or two classes per semester, because that was all they could manage with their work schedule, and budget. Our parents were not able to pay for our college educations, but my husband and I worked and studied hard, and earned scholarships or cold, hard cash to pay our fees. We told our children we did not owe them a college degree, and they are successful in their chosen careers. Some have college degrees, some chose trade schools, but all are happy and fulfilled in their chosen fields.
As a taxpayer, needless to say, I am absolutely opposed to this socialist policy. Today’s young people need to learn the meaning of hard work and independence, not dependency and entitlement they are being told belongs to them.
As far as being self righteous, in reply to Tom, or not loving and forgiving as Servant of God suggests, scripture also tells us the borrower is servant to the lender, and that we should not even give sleep to our eyes until we deliver ourselves from that snare.
I refuse to twist and torture the scriptures to fit my way of thinking. God’s principles and precepts are unchangeable.
Student loan debt can be financially crippling in a world where job opportunities are not equal to the amount borrowed to complete education. However, not only does this proposed plan create unfair burdens to working class taxpayers, it does not address the cause of huge student debt: skyrocketing education costs. It merely gives an incentive for educational institutions to keep raising costs. I pray that our governmental, financial, and educational leaders take a more balanced and fair approach to educational reform.
Nol one paid my college bills for me. This is a debt that they took on this debt knowing what they were doing and that would have pay it back
I’ve been praying that this action by President Biden will be blocked and that the citizens of this country would be protected from this unfair attack on the economy and well being of those who sacrificed and paid their way. They should not be compelled to pay for those who want a free ride. I pray for justice to be done
I saw a video on YouTube of Pelosi giving a speech in I think 2020 saying The President doesn’t have authority to forgive these debts, it would have to go through Congress…. But! Biden promised it! So I just wonder if they KNOW this will be overturned but they can shrug their shoulders & day “well he tried! He kept his campaign promise!”
Student loan debt is crushing, I agree. I think that instead of student loan forgiveness being put on the backs of taxpayers, maybe lower the interest rates or do away with them forever on these loans so people can get caught up on these loans. People should do as my grandson did and work to put themselves through a school or trade school they can afford. I disagree with forgiveness of these loans.
I think all should get a job and do as all the other people have done pay off their own loans! Why should all of us who paid off our loans pay off others? What do we get for paying off our loans? The government does not have money or do they make money so where does Biden get off taking Tax payer money to pay off other peoples loans? Tell Biden we need the money he is throwing at others to keep food on the table & gas in our cars to feed our family and drive to work! Where is our Money?
FYI all you indignant self righteous people… Do you know what the major sin was that caused God to overthrow Sodom and Gomorrah? It wasn’t homosexuality, sexual sin, or violence. It was LACK OF COMPASSION FOR THE POOR. Absolutely true, go look it up.
Tom, there IS financial aid available for the poor to attend college. There are also scholarships for grades and other achievements. And one can save money with first 2 years at community college. We have 3 kids in college currently. Most of our friends have loans for their kids. They are not poor. Average household income where we live is about 90k and we have friends making 140k whose kids are in college and getting loans. They just chose not to save a dime for their kids college. Or they chose to send their kids to expensive private colleges that are 60-80k a year. They are not poor. I love them, but they are not poor. They make more than my husband, and we saved for all 4 kids’ college. (3 in college right now)
Sorry but you are wrong. You obviously have not read the text of the Bible dealing with Sodom or you would never make such an erroneous statement!
Theresa, I have read the text and studied it far beyond you with original texts, exhaustive translations, commentaries by the most respected theologians in history. Don’t make ignorant blanket assumptions. Go ask your pastor if I’m right. Otherwise stay out of it
Expecting people to be responsible for the consequences of their choices is not a lack of compassion. Protecting people of the consequences is a major part of the problems facing America right now. Just look at abortion
It’s in Ezekiel 16:49-50
The Lord in control of cancelling debts (Deuteronomy 15). God promises in Malachi 3 to rebuke the devour for those who tithe. God promises in the Lord’s Prayer to forgive our debts as we forgive our debtors. How can a person be mad at God for honoring His promises to His children who obeyed Him to go to college? How can a person be mad for avenging His children who were taken advantage of by for-profit schools making false promises to them by stating they will make high salaries in their career field? What if President Biden is obeying OUR GOD to cancel this debt? Let God arises and His enemies be scattered and debts FORGIVEN! God forgives ALL SINS even the financial ONES!
What do you mean they obeyed The Lord to attend college?
The Lord does call us to be good stewards of His resources and to be honest in our dealings. Psalm 37:21, Romans 13:7-8, Luke 14:28.
One does not have to attend a private, expensive university. And I did not authorize this debt, so I am not the debtor.. yet I have a 3rd party claiming they’re forgiving it (they did authorize it), yet I have to chip in to absorb part of the debt myself.
Financial Aid does exist for poor folks to attend college. We’ve saved for 20 years for our kids’ college. Live in small house, local camping vacations, don’t eat out very often. Very deliberate choices for 20 years. And we chose local public U’s (1 is in private U but scholarships make it cheaper than the public U).
Some people do first 2 yrs at community college to save money. There really are options to keep costs as low as possible, even if you have to get loans they don’t have to be crushing.
As far as expensive colleges misleadingly promising high paying careers…we have all our kids do an internet search from reliable source like bureau of statistics, to see average pay in our state for their major of interest and the forecast for demand.
I’m not trying to harange one for having debt, but if one wants to pull me into paying off their debt that I did not authorize, then I have input.
God forgives all sins but doesn’t excuse us from the consequences of our sins.
God doesn’t tell us we have to be over-educated in order to obey His Will. He wouldn’t have chosen Peter, Andrew and the other Apostles if He did.
Nancy. I wondered if Servant meant that a person feels called by Lord to go into medical field, for example, which requires a degree to get licensed. But I find if it’s The Lord’s will, He makes a way and it’s not destructive to His child.
What this looks like to me is simply a buy votes scheme. Am I right?
It’s a sorry person that will not honor their legally incurred debts.
My wife was rear ended by overloaded concrete truck driving her into intersection into 40mph two way traffic. Company knew brakes were bad. Had extensive history of poor maintenance & wrecks.
Then fought her in court with a legal team trying to prove she was at fault. Then filed bankruptcy.
She sold her house moved home to parents while under medical care, continue to work from home. Medical debt was over $100k after her insurance dropped her.
She PAID it off!
To this day she suffers extensive pain and growing difficulties in mobility.
Wreck occured mid 80’s!
She and I agree, if she could pay off her medical debts, they can & should too!
This is a slap in the face to those of us who worked & repaid our student loans. It’s called taking responsibility for your debts.
Parents & young people need to realize not everyone needs a college degree. They could go to trade school instead.
God forgive us for the massive debts our government has overtaken. Please stop satan’s plans to bring America down. God have mercy!
In Jesus Mighty Name I pray, Amen!
Who will pay for this giveaway? Anyone who didn’t attend college will be put on the hook. Why should they pay for another government handout?
Please Lord bind this President who is spending money for us to pay back and not wise.
Reckless presidential moves creates more financial turmoil to a weak American government. Biden as we all know is the worst president who wasn’t elected but bought into wicked decisions for this country. It’s all a part of a plan for a Satanic one rule government for everyone on earth. (The book of Revelation tells us all what is happening and what is going to happen clearly!)
Please don’t saddle us our children and grandchildren with more debt.
Help those with student loans to become responsible for their commitments.
This is a terrible move on the part of the government and I pray it will fail.
Father, we repent of our sins thus da and come before you begging that YOu draw this man, a sinner o Yourself. Show him, Lord in no uncertain terms that You are God, the Christ, the Holy One. Guide him to see the errors of his ways and the devastation he is doing to this nation according to Your will. But Father, if that is not Your plan for Him, give us the grace and strength to live unafraid and joyous lives. In Your Almighty Name
Amen
Hold on a minute IFA. It sounds like your editors and most of your readers are blessed enough to be able to afford college for their children without needing federal aasistance. We are a Bible believing family who serves Jesus. But we are poor. Our son, through hard work and prayer got a full scholarship to an excellent university, but that only covers the tuition. All other expenses run us $20,000 per year in ParentPlus loans. We don’t have that kind of money and love Jesus just as much as all you comfortable Christians. This is literally the ONLY thing I thank Biden for doing. Maybe all of us Christians, including the IFA, need to look the mirror from time to time and really care about believers who are struggling!
We have 3 kids in college. What was your FAFSA? If you are poor, your son should have gotten financial aid in addition to scholarships. Is your FAFSA under 20k?
We have 3 kids in college. What was your FAFSA? If you are poor, your son should have gotten financial aid in addition to scholarships. Is your FAFSA under 20k?
And what is the tuition? It sounds like a private college. Could he have attended a state college and gotten full ride, living at home or maybe even had dorm covered for state U?
We have 3 kids in college. What was your FAFSA? If you are poor, your son should have gotten financial aid in addition to scholarships. Is your FAFSA under 20k?
And what is the tuition? It sounds like a private college. Could he have attended a state college and gotten full ride, living at home or maybe even had dorm covered for state U?
2 of our kids are in State U because of costs. 3rd is at a private U cause scholarships for him made it cheaper than state. They all live at home but I realize not every town has that option. Also we have many friends that choose to send their kids to private colleges 60-80k a year. We chose not to do that.
And most grads of the elite private U’s have higher incomes because the status & connections. So easier to pay of their debts once careers going.
Just because it benefits you doesn’t mean it’s from God! Deception as it’s best, just as the Bible talks about!!! Surrender to His truths not what makes you comfortable
AMEN! Say it again. Even we Christian’s have made comfort, our comfort and pleasure, our kids comfort and pleasure an idol.
We have 2 kids still paying on loans and they graduated university 10 years ago!
While it ‘feels’ good to have Biden wanting to help people with school loans, there is no way it is God’s Way!
To go into debt, massive debt, when we already have layers of debt our grandkids will still be paying on, is not simply wrong, but evil.
Becky, we have 3 kids in college, we could’ve gotten a 30k windfall from this. But, we had saved for DECADES for our kids to go to college (with parameters, if they go to expensive school or away in a dorm they have to foot that themselves).
There’s still state colleges at like 12k a year,candy you can cut more if you do first 2 years at community college. BUT it’s very trendy among our peers to send kids away to expensive private colleges. Very much a status symbol. Asking ME, who is currently paying for 3 kids in college, ti pay for your kids’ fancy college choice is annoying. There’s financial aid for people that are truly poor. The rest includes some that aren’t actually POOR, they just didn’t save. There are still scholarship chances for those not eligible for financial aid from their lower income.
You claim to be a Christian, but support theft. Read your Bible. God does not support theft! “Thou shall not steal!” Those who take responsibility for their debts should not be forced to pay for those who do not! Joe Biden is buying votes, and you can’t see that! He has no constitutional authority to do what he is doing, but that is OK with you? The government is transferring the obligation for repaying the loans from those who took them out to those who did not. Why then should we not pay off the debt of those who went to trade schools? those who took out money to start a business? What you are requesting is an unending gravy train. Many worked and went to college and paid their own way. This is the American Way. The American taxpayer should not be obligated to pay off the loans of people who got a worthless degrees, or think they are entitled to be perpetual studies at the taxpayers expense. Not to mention those who took out college loans to buy expensive cars, property, etc.
This is yet another move of this administration to devastate our nation’s economy. I have to keep reminding myself of Jesus’ prayer as he was hanging on the cross…”Father, forgive them, for they know not what they do.”
Nelena, I think they’ve known exactly the entire time what they were doing, not shocked with the outcome @ all! Their plans are to attempt to destroy everything great about America , BUT GOD, isn’t through with us yet! HALLELUJAH 🥰🙏
A scheme –before the midterm elections!
We are at war! Biden has sold America out. This is Obama’s third term–Redistricting with Eric Holder & Nancy Pelosi!
I pray the Good Lord will influence this order to not happen.
We can give away $80 billion in military hardware to our enemies in Afghanistan and thousands of lives lost, give Pakistan and these countries that hate our country billions of dollars, give billions to Ukraine in military aid, give illegal immigrants free everything and yet we have a runaway student loan crisis of $1.7 trillion. This slavery of debt to be educated is unfruitful to say the least. The baby boomers including the Republicans and Democrats are all to blame for this monstrosity. Back in the 60s-70s you could work a part-time job and go to school full-time and have absolutely no student debt, but obviously things quickly changed. The predatory government, private lending sector including the colleges, cooked up this scheme to make trillions while enslaving several generations within their oligarchy. Wake up America!!
Buying votes is what this is all about while tax payers foot the bill. How about sending all citizens $10,000 to pay their various debts too. This will increase inflation thanks to the out of control spending of the Biden gang of thieves. They are destroying our once great nation.
Soooo, everybody here complaining that this is an insult to everybody who paid their own student debt, maybe from now on that’s how I’ll you feel about Jesus paying for your sins while I actually go to the trouble of living an altruistic life.
Al, Jesus died for our sins but we still live in a fallen world and still endure the consequences of our own sins and those of others including mine and yours.
Leviticus 25-26
Luke 16:1-13
Acts 2:43-46, 4:32-37
Mt 25:31-46
Okay you guys here we go. I often feel foolish weighing in on these things because I am struggling here with a high school education.. however it seems to me that what is missing in this conversation.. and what has been missing for quite some time in the National dialogue.. is an observation of the awareness of something-, that is not practiced in our country anymore.. at least for the great majority of the percentage of time. So to reference that thing I am referring to.. we have to look at the story of Fred Rogers. I’m sure you guys remember Mr Rogers Neighborhood. What a silly thing to say,..right? And before I go on.. let me state the obvious,.. in that every solution, for every problem, almost every time, is not completely ensconced in one camp of thought -,or application, but contains different components of resolution.
In the telling of Fred Rogers life, – the author or the narrator speaking, – related the story of Fred’s family when he was a child, – I think it was in pennsylvania.. I forget that part..nonetheless, and every year, his family.. who was quite well off at the time.. and would have been considered affluent even today.. went about their neighborhood and even beyond the bounds of their neighborhood-, which was about 15 families as I believe it, remembering it.. and provided Christmas for them every year. The total bill for this endeavor in altruism-,and, in. really -Christian thinking.. was about $15,000. Now I struggle greatly with math and formulas and related.. but if you do, the what is it.. the cost analysis- or the comparison between those days and these days, which was the 1940s.. they were spending up close to $100,000…in todays dollars.
I believe it would be every December. Now again I will state the obvious.. they’re purchases for these families in their neighborhood, ranged the gamut..most of which were practical items, clothing and the other necessities etc. So what is my point-well, there used to be a time in this country, when those who had stayed the course, and accomplished their goals and accomplishments that are being discussed in todays column-,and then reached their goals,and achieved affluence.. or even more than affluence.. remembered their Christian foundations.. that is, of course, realizing many, or even most people in those times had Christian foundations as opposed to now. And even those who did not really consider themselves Church attenders we’re so permeated by the effect of Christian Brotherhood and thinking in our land- that they behaved accordingly anyways. Our latest example of this has been president 45 himself.. who has a storied history of going about helping people in various ways personally, – often with the cash right out of his pocket.. and another ways as well. And now for those of you who want to react immediately.. there could be instituted some sort of a structure around this type of thing where a wealthy benefactor would come in offering some type of assistance where he would of course or she would of course receive the tax benefits and whatever other, well, I’ll say it, rewards for doing such a thing..and this would not be to completely exonerate the focused college student from their obligation- but to help them,and it could be based on some type of a work program- where let’s say they work X hours per week in their job.. and then they would work an extra whatever 10- 15 hours a week, and that could be applied to their bill,not to mention their regular payback amount. In the case of President 45 .. a lucky college student might even wind up with a intern job if you remember that nationally televised Adventure.
Now I’m making up terminologies as I go along here..so let’s try to stay focused on a big picture-, and and the point of what I’m saying.. rather than analyze terminology. And now this will be the biggest laugh for you guys, there was someone else well known in our country a long time ago.. who was an entertainer ..who went about helping people. He was famous for it..in spite of his flaws..his sin.. his character defects.. he was generous to a fault.. I won’t even put his name here- but let’s just say he had really big pork chop side burns, and he’s sang a lot -,”I’m shaking like a man on a fuzzy tree.”.. now let us-,when you considering these type of options.. focus on how they could work- instead of what’s wrong with them, because right now we’re at a point where anything is better than what we’ve got. And referring back to those families in Fred Rogers Boyhood neighborhood.. the thinking was- that none of them ever gave up their jobs- or their responsibilities -or began to look upon the generosity of Fred’s parents as a lifestyle.. but were just grateful that God smile down on them through the generosity of Fred’s family.
And at this point we’re Way Beyond the economy being in any healthy State as we fight for our lives against the satanic tyrants that have rooted themselves deeply in our country for the past 100 years at least.. so a discussion on college students that are struggling to pay back their loans.. doesn’t really go to the heart of the matter which is the evil that is ensconced in our country that we have let get this way.. because.. and I I apologize I have to say it again.. because Christians were taught Marxism instead of Christianity and decided to sit out the responsibility to be Salt and Light in the Civic Arena.. and here we are now. And yes I will be going to City Council meetings as soon as I get over covid I was already planning on going.. school board meetings in this town are complete fracas.. I understand they have calmed down somewhat so that might be good. Previously antifa had turned them into a charade.
This last paragraph is you best in my humble opinion.
I do believe God has a plan, to work all things, even bad ideas and evil ones for the good of those called according to HIS purpose.
We believers have been asleep for decades, letting us slow boil, like that proverbial frog in soup.
I do believe Biden/Harris administration is part of Poppa God’s judgement on our country as a whole because we haven’t been salt or light as you so well say.
We do need to confess our own sins, repent of them, receive His forgiveness and trust Him and obey Him. Hopefully, we will see the goodness of God soon in our world. And it usually starts with His church.
Herb, there is financial aid for those in low income seeking to go to college. There’s the option of community college for the first 2 years. Many state U’s are around 12k a year (in my area). It is the rare occasion that one HAS to send their kid to an elite private school away. That choice usually involves incurring debt and they go into it weighing the cost)benefit and decide it’s worth it. If you are a high school student now, my advice is: start taking ACT early like sophomore year & plan to take 3 times. Keep GPA up. Both can help w/ scholarships. Apply early action. Fill out the FAFSA. Start applying scholarships when you do early action and plan to spend lots of hours on that process.
Wrong so wrong. Why do we want to pay other people’s debts. Just another plow to buy voters. They can’t win unless they stack the deck
When I watch Mr. Biden say these insane things on T.V., along with Kamala Harris I feel like they are robots talking! We know someone is manipulating them because there is no intelligence there! Pray for the return of the legitimately elected President Trump very soon, before Sept. 4, 2022!
They ARE robots..no original thoughts
Yes, they are robots of the evil one. Although God is sovereign and the one who is ultimately in control, they are speaking the evil one’s thoughts and wishes.
For those who are honestly paying off their student loans, this sends the wrong message. It also creates an entire class of students attending indoctrination camps (universities) for many years longer than needed, reducing the work force and creating government dependency. And it’s expensive to taxpayers like myself who have already paid off student loans.
Government needs to be reigned in to provide only infrastructure and national security. The Convention of States (COS) must be launched to prevent all this unconstitutional spending. Lord, bring states on board with the COS.
That is a fine & realistic solution. Remove the interest. Then they can stay on top of their debt. Maybe even be able to make 2 payments at a time.
I believe this is unconstitutional and this will increase our federal debt which is not fair to us our taxpayers. I know people that have students loan and have money to pay but keep putting off the payments which it is not fair. God bless
It really doesn’t matter what any of think. Mr. Biden will not follow through on this or anything else. This is lure to get votes and nothing else. He will not even try to do this.
I suppose this depends on you voting Democrat in the next election, since that is what most universities teach these days.
I am sure my father would like to have had my education paid for by the government, but would not have sold his soul to do it – and nobody dreamed of having others pay your debts in those days, anyway.
I would have liked to have somebody pay my way at the seminary, when I retired from the Air Force, but I was a big boy and had to do it myself – thanks be to God!
This is not a good plan. If you go to college, you try to find ways to pay for it. This will put a burden on the American people. Where do they think the money is coming from. I vote no for paying college debt off.
I am torn about student loans. Our son has some. When he graduated, jobs were very difficult to find. Many young people had to live at home to survive. He did get a job as an expiditer, but he was not making enough money to support himself. This was during the last democratic presidency when things were going south in the USA
I pray for this country. The middle class cannot afford to pay for this. I pray for wisdom in our current administration; that God would intervene with leaders who have common sense.
Sharon, I have sympathy for your son graduating college in the covid mess. Hopefully the deferred payments are a help to him until he can get into career field of his degree. It is good that he had/has the option to live at home while working and save money to establish himself.
Just another ploy to win votes and plunge the USA deeper into debt along with the border mess. We pray that our Lord will save America.
Ah the puppet master strikes again. Is this a surprise to anyone? I think not. He is Obama’s little demon puppet sold out to the CCP. I went to trade school and got a loan for 5 thousand I paid every cent back. I say no to student loan forgiveness.
How can our nation give something it doesn’t have? What will this debt cancelation teach those who have borrowed about the responsibility of meeting their obligations? And, why am I being required to help pay for college for children who are not my own? This is so purely political! Buying votes in this way is criminal!
Biden is so corrupt it is unconstitutional to do what he is doing per Pelosi from. He is doing this to get votes. The middle class will be no more. Only elites and poor. He is destroying our country. I feel as though our country is going Socialist.
You “feel” it’s going socialist because it is!
This is another move of communism by our government. This is theft
SIMPLE
Biden CCP Regime is selling out tax paying Americans
NO, NO, NO, NO, NO!!! Very sad what he is doing to our beautiful country.
An insult and disservice to students who have worked hard to pay off their student debt. Unfair to blue collar workers who never even went to college- why do they have to subsidize folks who will historically make more money over the course of their careers? A missed opportunity to teach people to be responsible for their financial decisions. More reckless spending when our national debt is already bloated beyond imagination. Pandering with MY money to purchase votes for the Democrat Party. This decision should be challenged in the courts- Congress, not the President, has the responsibility to make such decisions.
I have a daughter and son in law with student loans. They are finally getting back on their feet after COVID, but what they say is the biggest burden is not the loan itself but rather the interest that accumulates on it. Make people payback the debt, forgive the interest being compounded on the debt. For my daughter the interest is more than the loan itself.
Just a thought.
I agree – this has happened in my family also – it is almost impossible for them to get out of debt.
Why don’t we come against the Money for Ukraine, that will provide weaponary to kill people.? Many of us, Americans, esp Lower income to get rid of this weight that partially caused by the government, encouraged to take, institutions that help provide no help to their students and are and were corrupt themselves and no longer in business.
I was taught growing up that you show some responsibility and pay your bills. Young people today have no responsibilities, they have a sense of entitlement. And sadly, this is just a ploy for the Left to get more votes. Look at the timing that this came out . . . so wrong.
Biben does not have the authority to do this but in this day and age there are no rule of law so they are doing whatever they please I just can’t take it anymore this is ridiculous and now trying to change title nine to include all so-called sexual identity taking rights away from parents the evil is just so prevalent
When we give up our responsibility to our debts is when we give up our freedoms! This is so anti-biblical! Everything the Biden Admin is doing is anti-God!
For my family in particular this actually personally would help us. But it would be better to do so on a case by case basis and not just a blanket decision. We have had serious health issues that have caused severe hardship for both student and single parent as well as grandparents that the single parent had supported. The college graduate is FT gainfully employed in an engineering role but also still has significant health issues himself. So this would help bring some relief. It was a miracle that he even was able to complete his BS in mechanical engineering at a great engineering program school. He persevered as we continued to encourage him in it. Because of significant health issues it took him longer to complete the degree program but he’s successfully excelling in his engineering job role. And yet buried in student loan debt because of the difficulties he had to overcome.
As a single parent didn’t you qualify for financial aid? What was your FAFSA?
Did he attend a private or public university? If he chose to attend a more elite institution, which also means more expensive, then he must’ve weighed the cost/benefit and decided it was worth it.
My oldest is in Mechanical Eng, he was accepted into elite colleges but scholarships (he was ranked 2 in graduating class of 650 and had 36 ACT) did not bring costs down enough for it be worth it, in our opinion.
The President dies not have the power to forgive the loans according to Nancy Pelosi who said it takes an act of congress. What he said is not legally sound. Lord, expose this fraud.
Buying votes! Government needs to be completely dissolved from and out of the loan banking business. It has only served to drastically increase college tuition. It’s also opened the door for China to gain more control of our education system.
I have a son and daughter-in-law who owe over $100,00 each and they are having trouble paying their loans. Thing is, if they can’t pay, they can attach their wages and they will end up homeless for sure. Why are they not taxing the rich for this. You are either poor or rich today. There is no longer a middle class. I can’t understand with the USA being one of the richest countries in the world that they couldn’t pay for schooling and health costs. Germany pays for their people’’s schooling and health care. Our government mishandles everything. I will pray for all of this straighten itself out as it is not fair to try and better yourself by getting more schooling.
Kathleen what are their degrees in? Did they attend public or private universities?
Did the research the salary to expect upon graduation? While they were incurring that much debt, how did they plan to pay that off? Did they just not even think about that? I don’t understand why someone would willing incur over 100k in college loans. Nobody forced them to do that. They made a choice and it sounds like maybe not the best choice. I don’t understand why they did it. Did you not try to stop your son? I don’t mean to be harsh but I don’t understand how people make these choices that get them to this point? 100k in medical debt probably a person couldn’t avoid. 100k in college debt is completely avoidable.
As I was praying into this and seeking Gods heart this morning, here’s what I heard from Holy Spirit.
“ “As for you, you thought evil against me, but God meant it for good, to bring about that many people should be kept alive, as they are this day.”
Genesis 50:20 AMPC
So I’m thinking that this which is planned for evil is being used by God for His Good purposes. Certainly many will be blessed. What if this is part of Gods plans for a “great wealth transfer” and a start of “spoiling the Egyptians” before complete deliverance? Therefore I am reserving judgement and praying for further discernment rather than praying against.
I think students should pay back the principal they borrowed.
However, I think the interest should be eliminated.
They were charged 10% interest on student loans when a person couldn’t even get 1% interest on money in a savings account.
This seems to be what the Bible calls usury and condemns.
Is the government going to pay me back along with the millions of Americans who paid their student loans?
I’d like to have my taxes “forgiven” until they reach the amount we scrimped and saved to pay our college costs as well as our children. It only makes sense to me.
Biden is vote – getting. He has never cared about right or wrong.
These young people need to build their strength and perseverance.
Amos 5:24. ESV. “ But let justice roll down like waters, and righteousness like an ever-flowing stream. “
Ido not agree with this give away of hard workers money who probably have children. Like I did that when they were born took out life ins.on them .when they went to college we cashed it in to pay for their schooling..we didn’t borrow or take out loans.if they hadn’t gone to college ,they still had a fund to us as needed.
When satan wants to destroy a person, he offers everything free. Jesus was tempted by satan by offering him the entire earth. if Jesus will bow down and worship him. Jesus said. It’s written : you should worship the Lord your God, and serve Him only.
Free gifts blinds the eyes and destroy justices.
Just as satan couldn’t get Jesus Christ by offering him free gifts, I strongly believe that even though some people and even Christian will take the offer of students loan forgiveness, Jesus Christ will prevail. He will prove himself strong on the behalf of those who diligently seek him.
We see how whole nations are destroy right now as a result of free gifts. What you don’t work for will destroy you. As children of God, we do not need to accept the offer. Pay your loan and see the rewards of your God.
Amen!!!!
It needs to be understood, Pres. Biden has done something that is definitely illegal.
Where is this money coming from. I don’t ever remember seeing $ growing on trees. It comes from the pockets of hard working people across this beloved country of ours who are currently paying their own debts. Biden is again buying votes for the Democratic Party. I agree with all the comments below. When will congress start doing their job? What happened to the checks & balances in our government? What has happened to responsibility and accountability. We have walked away from God, maybe He is allowing us to stew in our own choices and mistakes. I pray that our nation will repent of our sin and turn back to our God of the Bible. And I also pray that Congress will not let this student loan forgiveness happen.
Since when does a President have the power of the purse? If this fly’s then we no longer need the House. Send all House Reps home & save us millions of dollars a year. This is insane.
We never had the means to supply a college fund for our children, so like many others, they had to rely on grants, scholarships and loans. When they took out loans we made it clear that they were responsible for paying them back. One of our children received some loan forgiveness through a disability program because of military disabilities that do not affect their ability to work–about which I am wholly conflicted. Some of the debt forgiven was one we co-signed, so we also benefited by having that that loan removed. But we also believe that our child should have been responsible and payed it off.
There has to be a way to address this issue without shifting the burden to the taxpayer. It sends the wrong message about responsibility to our children. Maybe it’s time that the education system as a whole is revamped. Put the lending onus on the universities, especially the ones with overly healthy endowments? Stop promoting a college degree as the only way to financial security. Promote and honor careers that don’t take a college degree which are the backbone of the economy. Remove apprenticeships as part of college studies and return them to the learning avenue they once were. There has to be a way to solve this problem and keep the government from being our caretaker from cradle to grave.
And give hardworking Americans tax “forgiveness” for the amount they worked hard and saved to go to college and send their children to college. We’ll withhold our taxes until they total our college costs – which is likely far less money because we shaved off the extras and only spent the minimum.
It’s reasonable, but then Biden just funded 87,000 armed IRS agents. Are we getting the picture? God help us – this is going get even uglier.
My kids’ high school sent out a notice this year….typical school data had kids going to college around 50%. Only about half of those actually complete degree. Those numbers dropping even more. So school announced moving away from pipeline of pushing college & they are incteasing partnerships with local vocational schools & also teamed with local businesses si seniors can go to school half day, other half they do an internship! Pretty innovative stuff!
I pay my loans and so should everyone else, I don’t want to pay someone else’s loans with increased taxes.
This is just more of the Biden administration destroying America from within. What about the students that have done the right thing and worked their tails off to payoff their student debt and pay for their everyday debts. What about the parents that worked their tails off to pay to send their child to college. It’s called responsibility if you choose to go to college then it’s your debt. We didn’t get to opted out of our mortgage payments or our car loans. Once you sign the dotted line it’s your responsibility. K
This administration is tying up all what the others failed to accomplish;
-stacked Supreme Court, (judicial activism began in the 1950’s);
-surrender to communism and totalitarianism (ever wonder why the USA went soft on communism in North Vietnam and Korea? Ever wonder why when the USA was punished for siding with Israel leading to the OPEC disaster?);
-the year of the child and the fairness doctrine (the former gave children to the UN and removed any parental involvement in the raising of their children, the latter was state run communication which banned any conservative and Christian language);
– spilling innocent blood not their own up to partial birth);
– treason (when I went to Panamá for Just Cause, a message was sent indicating where special operatives would land and when. They were ambushed.);
-this administration is following Stalin’s playbook. Stalin over taxed the farmers and forced them to surrender their PRIVATE land to him;
– Castro told the children to ask God for ice cream. He told them to ask him for ice cream.
– Pravda, a Russian disinformation news paper always stated how it was truth and to the gullible, it was.
Here we are. The next step is to and has been for over 100 years to become god then to move against Israel.
It should be noted that the famed Aldous Huxley rightly stated that God interferes with sexual depravity and must be removed.
Isaiah 45:5
The Biden Family are the biggest crooks to hit our government in many decades. Joe is so intellectually challenged person that I know. God help us.
I need this I borrowed only $13,500.00 35-32 years ago. I was a displaced homemaker and had Pell grants.My Ex refused to pay the small amount of child support aand i has no choice.I waas trying to make a better life for my children and myself.The interest has made it more than $54,000.00.More than six thouand has been deducted from my social security allotmen that I am collecting on my ex’s.It is all I have to live on.I paid on the damn thing for seven years until I became too ill ro work,I was a teacher.I had to hire an attorney to make the education deppt.stop charging interest in 2018.When $20,000.00 is deducted,I will still owe $28,000.00 in interest.I tried to have it forgiven but was told no even though I taught for 12 years.My life has been horrible and this iss how it ends!!!!!!!!!!!!!!!!!!!
Biden and his entire gang are heathen. We all have to tell everyone we see to vote Republican this fall regardless of the candidate and purge Congress of these democrat heathens. With 2/3 majorities in the House and Senate, both the heathen Biden and the hyena Harris can be impeached and removed from office. I don’t trust the polls or anything from AP (associated press) at all, they are biased democrat.
this loan give away is criminal
My son paid his debt . Why are these debts forgiven except to get votes for the incompetence of Biden ?
I have a friend that is a doctor. She had a $30,000 debt when she got out of school. Her debt is now $500,000 on her school loan. The debt is from her spending habits not from her schooling. I love her bunches but I do not want to pay for her Lexus or anything else. She owns nothing but her vehicle. I work hard and have very little debt and it is for a 183 acre parcel of land I just bought. I have been frugal. I have a simple life. I have the money in my bank to cover my debt if I wanted to pay the land off. Why should I have to pay her loan or anyone else loan? I have a home that is paid for, I have 5 vehicles all paid for. As a retired police officer., I have not made near the money she makes as a doctor. Also, I have 2 Masters Degrees and all but dissertation for my Ph.D and no debt from school.
We should not have to pay their debts. I seriously believe the people with integrity who done things right need to withhold their taxes until it totals what they worked hard to save and paid on college – for themselves and their children.
This whole thing is an abomination in the eyes of our Lord!
The corruption in Washington is sickening!
This is wrong in so many ways, wrong , wrong, and wrong !
Mr. Biden is illegaly doing this. He is by passing Congress.
The devil is cruel, Americans are getting ripped off, We are getting walked on, spit on, stomped on,all the while, the evil people walk free. They are never really free , though , But not for long, the evil people will have consequences. they reap what we sow!
Peoples eyes are being opened and truth is being unveiled! Americans are smarter than this , they can see into this one.
Justice is coming, at the ballot box!
Keep praying for a mighty revival , He is greater than any demonic force, We are at war spiritualy for the soul of this nation, God come in your mercy and power , visit al the leaders in this government. Raise up mighty warriors ,bless them with grace, power and power to defeat the devil .
Biden is only doing this to get votes He does not care about the people.
America will soon be no more if we don’t stop the Democrats
I am angry about Biden’s student loan payout. We saved and sacrificed to sent our kids to college and now I have to pay for someone else’s child too? The student signed a contract; they got the education and now they need to fulfill their end of the contract. It is punishing responsible people and rewarding irresponsibility. There will be no end to this going forward. It isn’t fair, it is not right and it teaches students they don’t have to fulfill contracts.
I agree with you 100%
Agreed.
I believe he needs to lower the amount. Anyone who makes 125000 should be able to pay back. Drop that figure to maybe 40000.
How can anyone pray for that horrible president, his heathen cabinet, and members of Congress like Pelosi, Schumer, Nadler, etc.?? There may be karma involved, but prayers they get good heart attacks, strokes, etc. and depart the scene can save our country.
I agree
I have significant loans but I am the only one responsible for making payment in my loans. I also do not want to pay for everyone else’s loans when my jobs won’t even cover my loans to begin with. Tax payers have no business paying everyone’s loans. Additionally, $10k doesn’t even scratch the surface so all this does is perpetuate further debt of this country and I am not a fan of perpetuating a socialist agenda. We don’t even get the option to “opt out” .
Biden cannot forgive any loans because he is not the lender. Only the lender can forgive a loan. So, those colleges are the ones who need to forgive the tuition costs. All this will do is drive up the cost of tuition because the colleges can get away with it and not be held accountable. Basically, Biden is robbing from the American people to pay the debts of others; he is not personally paying anything. On the other hand, he is insulting the millions of people who worked their way through college or joined the military to get into college. And besides, what he is doing is plainly unconstitutional, because only Congress can authorize expenditures from the public treasury. Pray that this lawless regime will be brought down!
I could not have said it better you are right on the mark
I’m trying to gain traction with my tax “forgiveness” plan. I’m willing to go back to the universities my husband and I attended (and worked hard to pay for), as well as the universities we worked hard to pay for our children’s educations and tally up what was spent. Having established that amount, we will withhold paying our taxes until they total that amount. I’m not interested in hearing the legalities of it because we can prove the illegality of what’s being done with this debt forgiveness, and this reasonable response will be obvious to everyone – especially those forgiven.
Do we sit by and just take the constant over reaching and abuses, or do we stand up and do something?
My 98 year old widowed mother is having to pay more for her health care. But they’re forgiving the debt of able bodied college students. How unfair. It’s not right to use other people’s money to “forgive” the debts of some.
Biden, an impostor President, heretic, apostate and schismatic, again and again shows himself to be tantamount
to a senile grandparent who has ceded the inheritance and future estate to a bunch of ungrateful and reckless
adult children who circle the wagons waiting for his or her death. When I attended Saint John’s University in NYC
back in 1981, I was compelled to take out a guaranteed student loan for $1,500.00 for a condensed general chemistry
course which I paid back despite my not being able to graduate due to adverse financial and health circumstances.
The thought of having Uncle Sam bail me out and my walking away from the responsibility of paying back the bank
which guaranteed the loan was and still is unconscionable. The Lord says very clearly in the Gospels about his generation
being a faithless one, having demanded a sign from him to prove his divinity, and ours is certainly no different. The more I
pray for this man to repent of his egregious sins and come to grips with his staring at the gates of hell upon his death,
the worse it seems to get. I am beginning to resign myself to what the Lord said to King Herod, another madman and
tyrant. “go tell that fox that son of man will continue to do the work of his Father today and tomorrow” and that is
exactly what we should say to Biden and his cronies in the “deathocratic party” who continue to run our nation into the
ground and ultimately the dustbin of history.
Sincerely,
Vincent
Biden and his entire gang are heathen. We all have to tell everyone we see to vote Republican this fall regardless of the candidate and purge Congress of these democrat heathens. With 2/3 majorities in the House and Senate, both the heathen Biden and the hyena Harris can be impeached and removed from office. I don’t trust the polls or anything from AP (associated press) at all, they are biased democrat.
That is so true, if people would wake up to what he is doing and get all the Democrats out this election we can start to make America Great again. If we don’t put God back into our lives, America will end. The way the weather is doing is not climate change it is God trying to tell you to wake up. If you push me out, you will see how better things was when I was with you
I am one who may experience some of this forgiveness of debt. I didn’t ask for that! I am 69 and a 2020 graduate with a MSW. I am helping people. I will repay as much as I can as soon as I can. I pursued my BS and MSW when my husband walked out on me and left me to raise our then 11 year old daughter. I believe that we have to give up a “ we vs. then”mentality that only breeds strife. Where strife is, there is confusion and every evil work. When student loans are forgiven and the burden is shifted to the taxpayer, then all taxpayers will share the burden. This is yet another form of socialism and a political ploy to gain favor and votes ahead of the midterm. We need to take our eyes off the dollar sign and pray about what is actually going on! This is just one of many manipulative and socialist moves that has been going on since January 2021. God!! Can and will deliver us from this evil. We need to join hearts and hands over the bigger picture!
Who is going to pay for all of this ? All this forgiving student loans puts the burden on the American public via higher taxes . Of course Joe could care less about that . This is his excuse to raise taxes for everyone . Of course the elite won’t be paying any taxes . Infact they will probably vote themselves a raise for a job (robbery) well done !
The Constitution gives the power of the purse (spending money) to Congress, not the executive branch. I believe this move by the Biden administration to be unconstitutional, they claim the authority by virtue of Covid relief. Covid is in the rear view mirror. This is nothing more than a political stunt that tax payers will be stuck with paying the bill. We need to reverse what Obama did taking away student loans from the public sector and put it back in the private sector so that loans will get paid by the borrower. College tuition continues to go up without accountability because the government got in the way.
Not sure how any honest American can see this illegal, unconstitutional theft as anything other than Quid-Pro-Joe trying to buy 40 million democRAT votes.
I agree!
Worst president in USA history.
Wants unlimited power to control Americans.
Every Dem president gets worse as New ones get into office.
This certainly is not right. Sends a message to not be responsible for your debts and that the federal government comes to the rescue again. My husband and I paid for our son’s college. Was it easy? No, it wasn’t. We gave up things for us but knew our son would benefit from a good college education and get off on the right foot in this evil world without student debt. So we paid for our own child’s college education and now we will be paying for others as well. With this current administration there is no accountability, values, responsibility, and no sense.
I know this is a positive thing for many. But overall it put an additional burden on our nation and people. We didn’t incur this debt the students did. We the people shouldn’t be asked to pay for it. What about those who didn’t attend college? They are asked to pay for those that did. It’s unfair and rediculous.
No loan forgiveness for students. They need to take responsibility like the rest of us. Biden is teaching them the opposite if he does this. Is it difficult sometimes , yes but difficulty helps us grow stronger when we face up to the difficulty.
If Biden for gives student loan we that tax payers will be paying that bill and I have enough stress paying my own bills let alone paying for someone else.
No loan forgiveness! Teach them responsibility!
1st, POTUS is not the place where spending money bills are started. That’s the House’s job, yet Congress is standing by abrogating their responsibilities;
2nd, Who gave Biden the “right” to pass over the Federal Reserve and order more money to be printed?;
3rd, This is NOT fair or equitable, since these are both “woke” terms – My daughter just graduated from a major university with an MS and because of scholarships, work/study & her determination, she walked away with only $8K debt which she was very capable of already paying off (2 years) because she wisely chose a worthwhile degree and not “green women’s studies in astro-marketing”
4th, Then there’s the issue with the millions of us who earned our degrees and PAID fir them through our own hands…
5th, College is not meant for everybody AND if you’re not able to afford to attend, then figure out how you can – work, military (MY route), job that includes this perk, scholarships, PT while working… BE RESPONSIBLE for what you want & EARN it!!!
Hell NO! They made a commtment an should be made to fulfil it.
Absolutely right! This is crazy but then Biden is crazy to begin with so no surprise here.
I didn’t get to go to college – how about $10,000 IRS forgiveness? That would help me more than this student loan forgiveness, which I read somewhere will cost the average taxpayer $2,000 each…
I have been able to keep up with my income tax the past few years, but I fell behind several years ago, and with penalties and interest accruing daily, that debt keeps growing. If those who are behind on their student loans are also behind on income tax, then they could benefit from IRS forgiveness; but if they have been able to keep up with paying income taxes, perhaps they are doing well enough to pay the loan for their education, as well.
We need to return to the ethic of taking responsibility for managing personal debt personally. It is wrong to expect a bailout from taxpayers, especially when students and families have chosen institutions whose price tag exceeds their resources. If you’re on a budget, choose a major with a clear pathway to employment leading to self sufficiency.
It is obvious that Biden cares none about the real working class, the electricians, plumbers, mechanics, carpenters, assembly line workers, and the like. He is now making the hard working men and women (there are no other genders) of the country pay for the education of a few. I believe it is politically driven to get the college vote plus many democrat politicians still owe on their college loans.
Father God as I see the buy your (soul ) bail out for these student loans it is not constitutionally honest or correct. This administration is only BUYING VOTES to try and keep this Country under their thumb. This is the proven socialist, communist way. I lift up prayers to you to radically open eyes and minds of these students, people who obtained loans higher than They Could Afford, I see what happened, God they allowed students to obtain loans and with no Correct Counseling on-if you borrow you will PAY It BACK. You know God I know what I am talking about! ( I will explain so others who are not concerned about some hard working people having to pay for their loans through their HIGH TAX that will be charged to them. Not honest, not ( FAIR.) I worked as a Director for Financial AID in a college, my position was to counsel students and explain to each student anything you borrow you will PAY BACK with interest. There were offers of Pell Grants who were eligible to get FREE money given to them if their income or family income was low/ no pay back, but they could still get a loan for a certain amount. There were positions of work made at the colleges available to also help students to earn extra money to help with extra expenses. Being a Christian and counselor made me aware of how God spoke about money. Students thought money grew on trees, because most parents and some churches had not taught them to be careful in financial matters, all they knew was spend, buy spend. I prayed and explained to many students if you borrow the money for school it should be for school, not fancy extras like the hottest computers, the high priced tennis shoes, the high priced jeans etc. I explained get a extra job, do not eat At fast food places constantly, do not buy the hottest phones, I saw this all happening for years, debt, debts built up not just for schooling but for pleasures. Other counselors did not agree with my method of helping students teach them that at the end of college what they would be facing “ A HIGH DEBT” I explained to students that you may not get the high income job when they first got out of school, but they might need to work up the ladder. Now the results are students are in desperation of how to pay off school loans, not totally borrowed for schooling because their pattern of spending was not handled properly. I do understand Students in Medical, Lawyers, and other high cost professional degrees cost a lot more than other degrees and loans were needed if you did not come from a wealthy family, or if you still took out loans though your family paid most of the schooling you still borrowed money for loans. Guess what in high debt at graduation. Suppose you did not get the great position you thought that would give you the BIG salary, no matter you kept on spending, interest started to Mount up on student loans, you kept spending, Loan amount pay offs placed on back burner, still you keep spending. Now there are exceptions for some students who had some problems of mis- haps with other problems and tried their best but failed to be able to pay off their loans. I do not entirely blame the students completely who have graduated with higher loans more than they could not afford, I hold accountable the college institutions and the woke administration and Counselor of the schools. I realize teachers, Professors get paid and should receive a great salary for the things they deal with and the price for education is gone through the roof. This is where the education system is ruining itself. They need to learn to budget and teach each student about budget, because they are not getting it in some family homes. This ADMINISTRATION of woke is illegally buying off VOTES for POWER and destruction of America SAYING they will pay off or part of students loans, on MONEY they do not have. It is not their money, it’s the TAX payers money. Jesus am I being too rigid? I do not think so ; I just see the power of Destruction on the horizon. No! I do not think the loans need to be paid off by Government, it is illegally dis-honest. The Government should not have a say in personal lives. God is our provider, not Government, learn what the Bible teaches on reaping and sowing. A individual should not have to pay for another person’s debt’s because they did not use wise counseling. This has been part of the radical plan or blueprint that has been in plan from the deep state, demonized Satan spirits that has been infiltrated through the years through our system to remove God from our society and destroy A God given America. I still pray for the attitude of students and their mind set concerning student loans and the process that is being used to manipulate students on borrowing and not working at a job to help pay for education. Or to learn the word sacrifices in one’s life. I also pray for a rehabilitation of the College system’s and the woke Administration, not all are bad but most are helping to ruin the children. We must turn back to God in our schools, homes, work places, CHURCHES and the Ministries and Pastors that are suppose to be teaching the fulfillment of Gods love and His ways to learn what the CROSS is all about. My prayer is instead of mocking some ministers for their money they have earned ( legally) through Jesus Christ plan of Prosperity, and study the powerful words and start applying it through Gods words instead of cheating someone out of their hard earned money to pay the debts you owe. I am mad at the dishonesty of this administration that keeps lying and the fraud manipulation they keep coming up with to do their main GOAL and that is to DESTROYING America and other Nations. But I do hold onto my FAITH God is using the Prophetic words from the TRUE Prophets that through Intercessor Prayer and keeping God in site, that there is a WON situation about to happen. Isaiah 48: 6 thru 22/ especially v. 7, and v. 15— Read it for your self then ask God to reveal about the wonderful GIFT He is about to bestow on US. God is the answer and Thank God for His words of Hope and love. These are my thoughts on the Biden words on student loans. We do not need any more crippling words of lies. I declare in Jesus name that this agenda on students loans will take a different direction, God’s directions not man’s. Praise God for all of his goodness. 🧎♀️🧎♀️🧎♀️🧎♀️🧎♀️🧎♀️🧎♀️🇺🇸☝️
Amen! God is our God! And as IS 48 ends, there’s no peace for the wicked. Blessings for sharing this God/breathed Scripture.
I am against what Biden is doing, I do not want myself or others to suffer because he thinks he is god but I will say this. I have a 25,000 student loan. I went to a non credited school and was sabotaged to the point where I did not receive a diploma. I was very angry because I was charged for the whole program even though I did not graduate. A lot of colleges have done this evil act to many people. I am still praying for God to cancel this debt.
I believe this will have a negative impact on the US economy. Also, it sends the message to continually depend on the government in another area of our lives. It promotes irresponsibility in those who made poor choices. And what about those, like myself, who worked hard and paid for their schooling? When I returned to school to pursue another degree, there was no financial aid available for that. I had to make sacrifices. During my first semester, a professor made me aware of a small scholarship provided by a local church. I fit the requirements, and that scholarship (which I believe was provided by God), truly changed my life.
The democrats are just buying votes!
Sadly, like many of Democrat policies, this places undue burden on those who could not afford to go to college at all and makes them pay through increased taxes for others who, at their own choice, took on more debt than they could ever repay! This is un-American, and grossly unfair to the many hard-working people who will never make as much money as those with college degrees! This power-grab by the man in the White House is unconstitutional and abhorrent. I pray he finds the Lord and has his mind renewed by God’s wisdom and grace.
I possess three degrees, two of which are graduate degrees. I utilized my employer’s tuition reimbursement and my own money to pay for all three degrees. During the time, I also became aware of how many grants and scholarships are available for undergraduate and graduate students. Loans are the last resort.
My objection to paying off portions of student loans with tax dollars means I now get to pay for not only my own education, but I also get to pay in part for someone who signed their name on a loan agreement. This is in no way fair to students like me, or the ones that have paid off their loans.
If you signed your name on a loan agreement, then honor your word and pay your own debt.
This is rewarding irresponsiblity and asking those who receive no benefit to pay for these graduates to earn more. This is greed and discriminates against those who paid their debt, parents who saved and paid, students who made wise economic decisions to get through college and sets a bad precedent.
The debt needs to be paid by those who incurred it, not other taxpayers.
Will biden pay others in the future, will he pay parents or students $10,000 who already paid because they were responsible and paid what they agreed to. This is welfare for the privileged to be able to ear more on the backs of others. Stop giving away our money to buy votes.
Contact your representatives and demand they put a stop to this reckless spending!
Totally against it!!!
This is so reckless. What it does teach families and students that overspending will be paid for by those who have struggled to payoff there loans is that now they must struggle further to pay the debt of others.
Lord I know we are so blessed to be able to educate our children and we praise you for that. Lord o pray for relief from the unwise spending that will enslave our children further to debt.
Lord May we speak your word always and care from all in need as you desire
Very unfair to millions who have worked hard to pay their school loans off.
We must be careful that message we send to the next generation. Borrow like there’s no tomorrow because “the government” will bail you out. The problem then becomes who is going to “bail” the government out?
I think this issue is tied to getting voters for the democratic party with a bribing strategy just like pushing to have illegal immigrants’ vote. I decree exposure of the enemy’s plans. As we submit to God and decree his word and live it and run at the enemy like David ran at Goliath, the enemy must not only flee but will have his head cut off. The enemy is exposed and de-platformed with no authority in Jesus name. This is a territorial taking season in Jesus name. Vengeance is mine saith the Lord and this is an Isaiah 63: 1-6 season activated by the overreach of the enemy of a house invasion in Florida. Do not touch my anointed saith the Lord.
Another case of Biden giving our money away to others. They made the decision to make the debt with a promise to pay it backl
I am not surprised at anything Biden does. He wants to take from those who worked for their living and give it to those who made the debt in the first place.
I don’t believe he has the authority to forgive these debts., to extend them maybe, but not to take taxpayers money and pay off someone else’s debt with it. We should all pay our own debts!
He doesn’t. Nancy Pelosi has said that on record. (Back in January I believe) She mentioned presidents do not hold that authority but only Congress. Look it up.
For President Biden to cancel debt for the few and neglect the often-serious expenses of the many is highly unfair and morally unjust. Moreover, it is so highly irresponsible at a time when our Country is facing extreme debt, growing inflationary costs, and growing food shortages.
President Biden seems to have little care for the United States or its citizens.
My thought on this is that the student has made a contract with a bank or other financial institution to pay back the funds they borrowed to get an education. If they do not honor their contract, they renege on their commitment or promise. Their word has been broken and their honor abandoned. This forgiveness of debt is teaching irresponsible behavior. Will they honor future financial responsibilities or will they learn that they can be bailed out by bankruptcy or seeking forgiveness for debt that they incurred but cannot afford to pay back? This could lead to a lack of pride in accomplishment, a lack of honor, and a lack of responsibility in other areas as well. While we need to be careful of pride, there is something to be said for self-confidence and self-esteem. These can be undermined by being bailed out of their financial commitments and can lead to irresponsibility in other areas of life.
If funds are given to the lending institutions by the government to settle these debts , then it is not really forgiveness of debt. It is a transfer of the debt from the one individual who accrued the debt to many individuals through the taxes they pay. It would only truly be forgiveness if the lending institutions wrote off the debt without any compensation from the government or others.
Finally, what happened to working for an education? My brothers both worked in the summers and sometimes while attending school to help pay for their education as well as applying for grants and scholarships. My parents could not pay for their college tuition so they worked hard to get as many grants and scholarships as they could in order to get the education they wanted. They appreciate more what they worked hard to get.
On top of everything else, Biden is illegitimate and is acting like someone who knows his time is short and is spending all the taxpayers money he can before it is finally proven. We are trillions of dollars in debt to China already. He is driving our country into the ground.
Can I send someone my electric bill? It’s been extra high this summer with at least 40 days straight of 100 degree weather.
Even if Biden were to follow through on this “forgiveness” which he won’t, $30,000 is a drop in the ocean of most student loan debt. The student loan process needs to be reformed and those who profit from it should be forgiving the loan–the colleges and universities that have been hiking their prices for decades because they didn’t have to worry about not getting paid.
Colleges/universities have billions of dollars already in endowments! They are the ones who are getting payback by the Biden demoncrats by this scheme for their votes.
BEFORE forgiving student loans, they should RESTORE hard working people by forgiving SBA loans and everything LOST by them committing fraud and destruction caused by their Covid bioweapon. I am losing everything I have worked for my entire life.
I also disagree on the decision Biden has made to help pay off student debt. When people choose to get education they aren’t oblivious to the cost that will incur. They are held responsible to pay it off. So I’m wondering where all this money will come from to pay off the debt 🤔 hmmm….
Has all the handouts really helped anything? No! It has just made it worse.
As a believer I pray God has mercy on this country and all the bad decisions made by our government. Our only hope of saving this nation is Jesus Christ and the nation repenting and turning back to God.
And putting Donald Trump back in office where he belongs!
We pray my Lord for this people that are trying to destroy America.
All this decisions are made to destroy this beautiful country, ( control) from the globalists.
We bind the spirit of darkness, from all these things decisions.
We pray for your mercy on this
Nation,, that the
A slap in the face of all graduates who worked and saved for college.
I would hope the students who have graduated already and have or are now paying off their loans aren’t mad about this but rather are proud that they are taking care of their own responsibilities themselves. They are to be commended for that. Well done!
Mr. Biden is interferring with free enterprise/capitalism. Very tyrannical. Exposure of who/what is really going on! Praise God people are waking up!!
I do not believe his position has a constitutional right to forgive debt! His powers are limited!
Say NO!
This plan is illogical. It appears we have a system that is capitalizing on charging exorbitant amounts for educations that are suspect to being unAmerican and questionable as to their value for employment. There’s also the fact that people sometimes borrow money and never complete school or don’t continue to go to school there’s nothing in this plan that speaks to that. Add to that the increase in the national debt, inflation, and the absence of accountability. Most disturbing is that this can be accomplished based on one man’s action. The executive order provision should be legally challenged.
We pray my Lord for these people that are trying to destroy America.
All this decisions are made to destroy this beautiful country, ( control) from the globalists.
We bind the spirit of darkness, from all these things decisions.
We pray for your mercy on this
Nation,, that the your Spirit will be poured in the Church in America
in the overflowing of The Holy Spirit with miracles and wonders in JesusChrist, our Lord and Savior
Lord Jesus, please deliver us from the leadership God haters in Whasington. Have mercy, Oh Lord!
This is vote-buying, pure and simple. But unlike most vote-buying, it is vote-buying with YOUR money!
I totally agree, Edward. From the very beginning I have seen this as a ploy to win votes, nothing more. He is desperate for votes. Even Democrats are starting to see him for what he is. And it’s not someone that has compassion on people that can’t pay their bills, either.
I have been reading the comments that the Bible states that every seven years, debts were forgiven. They were completely cancelled. This student loan “forgiveness” is not Biblical. The loan is not going to be wiped out or cancelled. It is going to be transferred to those who did not incur the debt, not to mention those people that have paid off their student loans. Do you realize that you are going to also pay higher taxes to cover this student loan “forgiveness” for others even if your student loan meets the requirements or not.
You’re absolutely correct. Where do these people who want this think the money comes from? You and me that’s who even if you already paid off your loan you will be paying off someone else’s loan through increased taxes for every American citizen. Sound fair?
While I owe less than $2,000 (yes, less than two thousand dollars) on my student loan, and my SS income keeps me WELL BELOW “poverty level,” and a forgiveness of my loan would be helpful, I still don’t think it’s right or fair to the American tax payers to forgive student loans they will be forced to absorb. Neither do I think it’s right for the President to forgive some or all of student loan debt.
When I signed an the dotted line, I knew I was responsible for my debt. If college is too expensive and loans are required to help ease that cost, the obvious solution is for tuition fees to be lowered.
I do not approve of Biden forgiving student loans (even though it would benefit me personally) because it is a wrong move that will negatively impact our economy in the long run.
Democrats love to spend money, but we, the American people, are the ones who pay for their lavish spending.
Please; stop spending our hard-earned money, raising our taxes, and ruining our economy! It is taxation without representation- or at least taxation without consent of we the people!!
My debt is much higher, $110,000 and growing. The problem is that my loan has been sold at least 3 time that I am aware of. Each sale added $5,000 to my principle. This is not allowed on other loans such as car loans or mortgages. I paid on my loan for over 10 years before health and family emergencies forced me to stop for a couple of years. Now I am paying using a debt forgiveness company which sets my payments based on my income. Will I ever pay this debt off? The $16,000 I originally borrow was payed in those first ten years. The only way I could pay off this loan is to win the lotto. Even so, I know that student loan forgiveness is not moral, ethical or practical. Mr. Biden is trying to buy the votes of people who should know by now that he won’t follow through.
This is the most political move yet to try to buy votes. It is putting more hardships on already over taxed citizens. All these young people don’t realize their taxes are going up so they will not really getting any benefits in the long run. It is so unfair to the people who worked so hard to pay off their loans. I can see many lawsuits in the future.
I think it is wrong. Sends a bad message to that generation in so many ways. It’s not right that tax payers should be footing the bill.
Lord we thank you for your Holy Spirit that leads and guides us and gives us discernment for every situation to see clearly the difference between a good idea and a God idea. Socialism is a mask that keeps us from being able to see the difference and we reject all plans that would deceive the body of Christ and others who are watching this unfold. We say, Your kingdom come your will be done on earth as it is in heaven in this situation, you are our source not the government and we refuse to be deceived. We trust YOU to cancel our debt and believe for YOU to release a wealth transfer from heaven in Jesus Name.
Furious. I paid my debt of student loans. My daughter has paid her college loans. If the students want the education, then they should work for it. Otherwise it will mean nothing to them.
I taught in the daytime and drove 55 miles in the evening to get my masters. ……………………………………………….they could have worked.
I believe that the graduates should be required to pay the PRINCIPAL of their student loans in full but that the interest should be subject to refinancing. The interest could be reduced to anywhere between 0% & 7% on a case by case basis based on two factors: 1. Financial need. 2. The contribution the graduate is making to society since graduating.
I think this should have been done long ago. I think this is a just & compassionate compromise that would be fair to both the struggling student and the American taxpayer.
I understand that this money goes to college education providers who paid an enormous amount of contributions toward the Democratic party; therefore, this is just rewarding them for their loyalty. This teaches that debt is okay, that someone else will cover the costs, bigger government dependency; minimizing the lesson of self motivation to work hard and have goal setting for budgeting for college. Grants are important but pay them back; colleges should make it affordable since they receive an enormous amount of Federal money.
Their endowments are in the BILLIONS of dollars! The administrators are the ones who will benefit from this illegal scheme. This is where the University of Alabama gets the money to pay their head football coach over 11 million dollars A YEAR!!!! Look it up.
This is wrong so wrong! If you take out a loan you are expected to pay it back period. Biden should not have the authority to do that in the first place. It will teach young people not to take responsibility for their actions and this is sad as these young are the future of our country.
This forgiveness of student loans is wrong. These students knew going into school what their responsibility would be. It looks d unfair to now make it the taxpayers responsibility.? Not only that what about those who have done their due diligence and paid back there loans. What will this say to future students going forward. It’s is wrong on so many levels.
Yea, I not only went to college but grad school and I paid in full. Easy? No! Right thing to do mo matter how long it takes? YES !!! Take responsibility for your actions and then you can be proud of your accomplishments. Otherwise you hang your head as a user not a responsible person capable of doing great things with your life.
We saved and paid for our children, so why should he give away free to try to buy votes. It is not his money and it is wrong.
I have been reading the comments about how it states in the Bible that debts were forgiven every seven years. This is true, but this student loan forgiveness is not Biblical. The student loan is not going to be wiped out or cancelled. It is going to be transferred to those who didn’t incur the debt through having to pay higher taxes. Those of you who are all for this, do you not realize that even though your debt may be “forgiven” your taxes will increase so that they will supposedly go to pay for student loans of others. You also should consider that there will be a lot of paperwork and requirements and your loan may not be “forgiven”.
When will we get our forgiveness and get a refund of the money we saved for our kids education without asking for any handout! We saved when they were born, denied “self” and paid Federal,State and local taxes too – Now this? A slap in the face of those that saved and denied self ! Just another extreme proposal after another in taxpayer fleecing of the radical Left! Biden is not a unifier, he is a divider, giving more reason to doubt his call for UNITY!
This forgiveness of student debt is just the beginning of another massive addition to our national debt. Pelosi said a few years ago “ if we run out of money, we’ll just print more” that’s the thinking of most DC politicians. I only make about $28,000 per year and have never had a debt forgiven. I like most Americans have struggled to be honest and pay what I owe with little income. My children have paid ( or are paying) their student debts. This is a slap in the face of honest hard working tax payers. This is just another political scheme to buy votes .
I’m guessing here, but when debts are written off, a 1099 is issued for the amount and it becomes taxable income. So, some people will be bought off and then blindsided when they get a 1099 for $10K-$20K. I could be wrong but don’t be surprised if this happens.
I have been a single mom since 1993 and both my boys went to college. God blessed us and there were pell grants and my tax returns. Both boys have a 4 yr degree and are successful. This is wrong for many reasons . I’ts been hard financially my whole life and God has supplied and I am so thankful but I’m not the only single mom sacrificing to put children in college. Please pray for our United States of America. People are starving. People are suffering. The people making decisions are oblivious to the American people.d sacrifice. We are people with no representatives. We have no representatives. Single parents veterans people over 60 need help.please stop this madness. Protect the borders stop the spending support the fuel energies we have in place. We all have vehicles and can’t afford what the Administration is pushing. We can’t do this. I pray for us all. God bless America and God bless Israel and I pray for peace and protection for Israel and America in Jesus Name. Amen
Thank for being a mom who stands in the gap and looks to the Lord for truth.
Clearly just a political move before the midterms. By the way anyone remember HARP…anyone know someone who benefited from HARP.? I know of two situations where HARP would have helped and they were both denied and both lost their homes. Christians be careful thinking this is a good thing. It will create more division among the rank & file Americans, clearly the aim of the this administration.
The loans will be paid off by other “taxpayers”, remember the government produces zero money…they just tax, tax, tax and then use the money for their political gain. Your loan might get paid off but it is at others expense.
We couldn’t afford student loans for ourselves or our children, so all of us worked our way through college. So the people who work hard To pay for their own college, or could never even afford it have to pay for these rich kids?
This administration is trying to Bankrupt this country. This is also away for the demorats expect more votes! Why else would this effort start now, during midterm elections! Praying God’s direction on this mess!
George Soros is a heathen. We need to pray for his demise.
Perspective from a potential recipient of this forgiveness. I left college after receiving my Associate’s degree in 1980, taking whatever job I could do. I left because my financial aid options played out at the time.
My various jobs over the years never paid more than 35,000 per year, even as we moved into the 2st century. Plus, I lost my job in 2009 and couldn’t get another for over a year and a half. Once I found my next job, I lost that one in 2014. It became increasingly obvious that I needed to finish my bachelor’s degree to have any chance of getting a job for which I had the experience, so I explored my options.
When I was offered my current job in 2016, I had started online studies toward an IT degree. My department head suggested I switch majors to business administration, which would enhance my potential with them. I did so, and graduated in 2019. Then COVID hit, and all promotion potential dried up. I have not yet begun earning what I was told I could earn with a degree, even though I’ve had my degree for 2 1/2 years.
I’m still trusting God that He will make it happen eventually, but this forgiveness plan will relieve some of the financial stress my wife and I have had.
Waiting on my $30000.00 for my wife and our two children that finished several years ago. Must give everyone that went to college and paid THEIR DEBT $10k if you’re going to be fair with everyone. It’s just another stupid way the democraps have of buying votes.
The problem with student loans is that many students drop out and they are fully charged for a degree they did not care for. I feel that it is unfair to charge them for a full program if they only study one or two semesters. Why not charge them for the time they attended the college and not leave them with a massive debt? Most of these young people who drop out have no idea really what they want to study, or they think they do but shortly after realized that what they picked was the wrong thing for them.
College loans when I went to school were 2-3%. When my kids went through, it had become huge business and interest usury with colleges increasing costs every year by chunky percentage points. These loans should be forgiven. It is merely numbers on paper. I have a daughter who graduated in 2021 in hospitality. Job prospects are bleak due to travel stops from covid. Should the students be responsible for a government orchestrated plandemic to overtake our republic? Many of them will never be able to pay off their loans due to this catastrophe.
Prayer would be better directed at the government theft of social security funds to pay and bribe every state’s child protective services to get more children into trafficking as the profit of a human child is well over $100K.
Did you go to a bank for the loan? I did back in 1970’s and the banker asked me what I was going to college for. I said nursing. He said, “right answer, because I know you can get a job when you graduate otherwise there would be no loan. I did pay back my loan over the years.
I don’t remember when it happened but the government took over loaning money for education. I’m sure if you trace the time line…once the government got involved…tuitions skyrocketed and the government gave out money to anyone for any type of education and so on.
Lord, God allow your will to be done. I personally would appreciate loan forgiveness and see the appeal in this proposal.
However, if it creates further strain on others who did not incurr the debt that will not be fair.
Perhaps you want the truth of the verse about what is stored up for the wicked wil be released to the righteous?
A great transfer of wealth in a the year of Jubliee would be a miracle blessing for many. Nothing is too difficult for you Lord. Let God arise and enemies be scattered as wisdom is released through all who are decision making positions, in the name of Jesus Christ.
This is one of the most unfair acts I can remember the government doing in my lifetime. Essentially those who struggled to and did pay off their loans will have to foot part of the bill for those whose loans are forgiven. We are rewarding irresponsibility.
Just another move to transfer deadbeat debt to responsible people who either paid their own debt, or did not benefit from that level of education.
Ridiculous and costly vote buting
The President is basically giving money back to the Disgusting people who got us into this mess. I’m not talking about the borrowers , the students who by the way should’ve made good responsible decisions. I’m talking about the colleges that promote these degrees that will not do anything to help the student. It’s disgusting we need to pray for discernment pray pray pray this nation is falling apart and the people that actually save their money and did the right things and are working hard or paying for it ever day. may God help us!
This is just another plan of the devil to destroy this nation. But God…
I do not understand why WE THE People do not have a say… This is Socialism to the max. They are destroying what once was the Greatest nation in the world… The world will crumble once we are destroyed and they know it. God is the only sure thing that we have… BUT GOD!!!!
Remember, “Build Back Better” is just a euphemism for destroying the free world and putting something else in place. The sole purpose of this exercise is to weaken the U.S. Dollar and to take us one step closer to destruction so that they can get on with their plans. Make no mistake, they are all-in this time, so we had better be all-in on the resistance.
I worked with a 33 year old who said he voted for Biden on exactly this premise — that his student loans be taken care of by the government — completely void of “We the People” are (supposedly) the government.
I think most don’t care who pays their debt, as long as it isn’t them. “Nanny-state” thinking.
The same 33 year old told me he didn’t really want to work but if it was necessary, he wants a job wherein he doesn’t have to do much. And that’s exactly where he’s at. Laziest co-worker one could be stuck with. I don’t recall his precise degree but it wasn’t much compared to his knowledge and understanding.
For those who want to hide behind “public service” points in favor of loans being transferred to taxpayers, isn’t that what we all should be doing? Contributing to society in the name of Christ?!?
Colossians 3:17- “And whatsoever ye do in word or deed, do all in the name of the Lord Jesus, giving thanks to God and the Father by him.”
Depend on Almighty God, not man-induced politics. The world is far off course from Biblical precepts.
People need to be responsible for their student loans instead of taxing Americans more & more. This free ride must stop. Biden is behaving as a dictator mad man buying votes in November.
We pray this will be overturned and students themselves will recognize their need to be responsible citizens so our freedoms remain intact.
It is wrong to continue to raise our taxes. Lord open the eyes and heart of this president and the administration to the wrongful ways of taxation. It is in your name Lord we pray. Amen
So true. Its all about personal responsibility. So now we are all personally responsible for others who take on debt. The colleges continue to raise tuition because they see an endless source of government money coming. When you take on a debt obligation and sign a contract its up to you to fulfill it. Colleges and Loan officers need to be more truthful when discussing loans and the difficulty of paying back debt before a loan is issued. Buyer Beware!
$300 BILLION! New tax burden on the middle class. Money is not free. This current administration is crippling the hard working to destroy and chance of moms staying home with their children without full dependence on government, owning a home that the government can’t take away, affording food, gas, utilities. A master plan by the adversary. Write to your representatives.
I have nearly $26,000 in student loans after going to school to become a nurse. With the economy and inflation I would be hard pressed to make the required payments. That being said I do not in any way support this bill. It is my debt to pay not already hard pressed Americans just trying to survive. I feel it will also just create a larger financial disaster for the United States.
Read in the Bible God can help you with a plan on how to pray and recycle his blessing concerning how a Christian can get Gods direction on how to pay our bills, has a lot to do with tithing where we attend church. God made a plan for us to repay student loans. Search it out and u will be blessed when God makes a way. 🧎♀️
I have student loan debt. I do not agree with complete cancellation. We do not need this to go to our children and grandchildren. Or to bankrupt the country. What needs to be done is have the government drop the interest on the loan. That is very Biblical…Everything that I have paid has gone to interest. The principle has not been touched. Father give our leaders wisdom to do the right thing. I would like to see this debt paid off. Lord the government should have not gotten involved in this issue to start with. Colleges would have to adjust or become irrelevant. But instead they have inflated their prices. Lord give us wisdom. Help the government to not get involved in everything, out of a false sense compassion for people. Righteousness cannot be bought or sold. Thank you Father!
I agree with Rose on the interest part. I also have student loan debts for both myself and my daughter and some of the interest rates are at 10% and 11% (almost credit card rates), which makes the repayment of the principal more difficult. I had always thought that the student loan interest rate was at 2 or 3%. It is my fault for not reading the fine print and assuming something that was not true.
As nice as it would be to have it forgiven/reduced, we cannot lay this burden on the American people. Father is our provider and we should be looking to Him to help with providing all we need. The bible states that one should consider the cost of something before moving forward. That would apply to attending college. There is responsibility in assuming debt of any kind and it is the responsibility of the one who has the debt to repay it.
He is a liar and a communist Enemyof the State He is hurting our country and our family as well our jobs. He buying the votes so that they can be in control over the country to make it a socialist. Trump won and is the True President
Personally, my student loans are part of the massive settlement against the for profit collages, which has defrauded thousands of students. I look forward to accountability in any way God allows. Even if it takes a form such as what is occurring now. Colleges and universities continue to not only increase the cost of attending but also increase their own endowments into the billions of dollars. Truly it’s a broken system in need of complete replacement.
I look forward to not only myself gaining a small relief but also my daughter. Who has over 100,000 in debt for her degree.
FYI. My college lost accreditation and did not divulge that information to its students. So I’m left with nothing. No degree. No credits I can transfer.
This should never happen. But it has happened to thousands of students. That’s why there is a settlement pending. My prayers are for a complete renewing of this system. Helping those, like myself whose credit has been totally effected because of greed in others. I am a widow who is homeless and living with my elderly mother. God is bigger than any of this and if He is using Biden to start the correction to this horrendous problem. Then so be it in the name of The Lord Jesus!
We all know that money doesn’t grow on trees. The people who are working today are shouldering the bulk of the bailouts passed by the Biden Administration. It would seem they are trying to destroy middle class America. They are deliberately trying to put us all under their thumb which smacks of communism. The viruses are man-made and the vaccines are not vaccines. The food chains are dwindling and the family farms that feed us are being shut down and their lands purchased to lie fallow. This will result in famine across the globe. They have created a money pit in the name of Climate control and are removing access to energy reserves so that it costs more for fuel to run our cars and homes. They are letting migrants and thugs into our country and do not prosecute any harms done by same. They are spreading toxic lies to our children through the school systems and expect parents not to speak up. We all need to wake up and vote all these woke individuals out of office. We all know the 2020 election was stolen. May God help us please. Amen.
How is this any different than the billions of dollars given away to illegal immigrants flooding our borders? Leaving behind billions of dollars worth of military equipment in Afghanistan? Billions of dollars bailing out Big Pharma?
I’m a fiscal conservative and certainly don’t agree with the transferring of debt from those who have taken out student loans to others who are paying taxes, however, What is the value of the American dollar anymore? Money continues to be printed at an unprecedented rate. We can’t back the dollar with oil, energy, manufacturing goods, services, gold, etc. It’s only a matter of time when our dollar becomes worthless. That could happen overnight especially as the BRICS nations are plotting against the dollar now!
Just as in the days of Noah, Lord, please give us wisdom to know how to prepare for our families. We know that every source of provision comes from you and we trust that you will care for our needs. Give us discernment regarding this economic disaster that our nation is in. Should we be converting our dollars into precious metals, storable food, supplies? Please provide your church with the divine wisdom needed to navigate the times we are living in! Help us to be diligent in anticipating your return and help us to share the gospel with as many people around us as we can!
God is in control & has a plan no man can thwart. But we can intercede about the printing of up to one trillion dollars to hand out money to students whose parents make up to $250,000 dollars a year. (The Spectator reported that’s where it’s coming from & whom it’s going to). We can pray that Biden be stopped in his tracks for violating the Constitution, which requires Congress to approve expenditures. I pray America wakes up. This will only make inflation worse, which is a tax on the people. I’m not alone in having received a notice of a proposed 18% increase in my property taxes because everything is rising in price. I pray that our citizenry understand that debt is anti-Biblical and enslaving, not ‘compassion.’ Yet, already, the NAACP is complaining $10-$20k just isn’t enough. I pray for God to raise up righteous public servants who will stand for what is economically wise, instead of trying to curry favor with younger, Progressive voters–this is what this announcement of ‘debt forgiveness’ for college loans is about ahead of the midterms. Finally, may God pour out His Holy Spirit on this nation, bringing many to understanding that we need a Savior and Biblical principles for America, not more handouts of money we do not have.
This is much like equity philosophy of this Marxist regime. It says the government will foot my bill. It takes away work incentive, financial responsibility that encourages injecting and growing a strong acumen of being smart and inventive with one’s own finances and gives less expectancy for a sense of pride and ability to take care of what one gave his word to do. There are some who really need the help and should get it, maybe with a promise of community service in their area of expertise. But taking away a sense of responsibility and self accomplishment makes no sense. It should be a positive strength building thing to have those able to carry the load on their own no matter it might mean pork n beans on the table more often, less beer nights out with the gang, more of a strong adult in our society who real does exhibit dependable civic substance that leads one not only to stand tall on their own but have the resource to help by teaching and encouraging others. A guy or gal who let’s someone take all the shots for them on the courts has no real place or enjoyment in the game. A team given extra points for being in a slump removes the meaning and fun of challenge and competition. This is made to look like a real gift. But it is really a bite in the rear for any sense of personal accomplishment and belongings to a greater sense of team cohesiveness, connectivity, and real fulfillment.
Sadly, this is not born out of goodness. First, one should only incur debt that one is able to pay back. Second, the people being forced to carry the debt burden of others is unrighteous. This is a handout to colleges that already charge way too much to begin with. Reason, the colleges donated huge amounts to Biden’s campaign. This is payback to them. If he wanted to do good he would have had the colleges accept less money.
This is an affront to all law abiding and responsible American citizens. Those who didn’t go to a four-year college and pursued other venues, those who worked hard to pay off their loans, and those who didn’t even go to college but make a living by working for a company or running a company are being unjustly treated. This move, by the administration, is unethical, immoral and politically motivated to prop up their sagging image (which is due to unwise and immoral decisions and policies). This move is a blight upon our nation’s conscience. I see a quote from Deuteronomy 15 about debt forgiveness. However, when you read this from Deuteronomy 15, “There need be no poor people among you, for in the land the Lord your God is giving you to possess as your inheritance, he will richly bless you, if only you fully obey the Lord your God and are careful to follow all these commands, I am giving you today.” (NIV). This is about voluntary generosity in our hearts not forced taxation by an increasingly tyrannical national government. Notice they are blessed by obeying God’s commands; this is not that case for sure. May the Lord have mercy and compassion on our increasingly godless and sinful nation and restore righteousness in our land. Forgive our sins, as a nation Lord, and raise up rulers and governors who align themselves with your precepts Lord God.
If you have paid your student loan off, you are now paying off someone else’s student loan as well. If you are a parent and have saved for your child’s college fund , you will be paying for someone else’s college fund too, whether they are a good student or not. The colleges are left wing indoctrination centers in many cases, so your hard earned money is going against most conservative values. In my opinion there should be lawsuits. Isn’t this bypassing the separation of The House for the power of the purse ?
In all cases, there are those who will be blessed and be a blessing by being freed from a burden and there are those who will use it for increasing their selfish wants on others dime. Just as every government handout has done before., it can enable for short term good to help a person of integrity accomplish a goal quicker, or it can enable a “user” of society to remain a user. Some young people truly have a career in mind that will profit this nation while others are wasting time in non career forming classes. Plus, many universities are now very leftist and woke in philosophies so that we are paying for the Democrat propaganda to pay student debt. The best colleges like Hillsdale will not take government money so they can teach the Truth.
I believe anything the Biden administration does is for selfish political ends. He acts like a sweet old grandfather while promoting the killing of babies. How can anyone trust his motives. We pray for the salvation of their hardened selfish hearts who are leading the deceived down an evil path. Only God can truly turn us around.
The Word of God instructs us not to owe any man anything but to love one another. I believe not paying back what we owe promoted financial and moral irresponsibility.
Will God bless us financially when we don’t pay what we owe?
Deuteronomy 15.1 calls for the total forgiveness of debts every 7 years. He shall not require payment from his fello israelites or brother, because the lords time for canceling debts has been proclaimed.
This appears to be but one more of Biden’s blunders. I can’t help but wonder who put this crazy idea in his head. I personally believe that this is a very wrong thing to do. While it is a nice idea, considering the way college education’s cost has skyrocketed, what are the long-term affects that this action will have on our economy? The big problem with the progressive-leaning Dems is, they don’t seem to care what they do, especially how it will impact the country, or its future. Looks like a midterm election scam to get more votes this fall for the radical, socialistis Dems. Lord, You alone know what the loan forgiveness impact will be upon our already hurting economy. I pray for Your will to prevail in this situation. Thank You, Jesus.
Ya know you really don’t want to know what I think about it, cause it is wrong and the good LORD is going to take care of us that just pray and do what we can to overcome this. Vote them out.
I’m against these massive spending plans by Biden. Praying that the
Senate would vote to prohibit this! The National Debt is already insanely too much!
I do not agree with this; just another way of buying young peoples votes with the taxpayers money. How about all the people that have paid their loans on their own.
That is what I am counting on that it makes them mad enough that they Vote them Out!
If one decides to take the a loan for any purpose, he/she should repay it. Why should taxpayers pay for that debt. Be grateful that a student loan was available for one to fulfill one’s dreams.
The student loan forgiveness scheme is only one of President Biden’s ploys to buy votes with taxpayers money. I predict that before the midterm elections, gas prices will be under $3.00, the stock market will be amazingly through the roof and mail in and absentee ballots will be flowing like water from all directions. If you are celebrating “free money” to help pay off personal student debt, don’t forget, the time will come when you are supposed to get your promised medicare coverage and social security payments. I hope there’s something left for your retirement. Folks, you can only split a pie into so many pieces! Pray that Americans will not be deceived.
Student loan forgiveness continues to foster dependence on government and not on God. This only makes the root problems of unsustainable high student debt worse. My prayer: Dear Lord, I pray for wisdom for parents and students entering college that they not fall into the trap of easy money, government student loans. Heavenly Father, teach this generation financial responsibility, to owe no man a debt.
This is debt people willingly took out many for degrees that are not main stream snd is not a career that is needed in society.
These are not forgiven, they are transferred to all Americans via high inflation and higher taxes.
I paid my children’s college by beginning early putting away $5.00 a payday and working overtime.
We are asking people who either chose a trade or chose not to continue higher education because of the cost pay for mostly those who can afford their, again THEIR obligation.
Proverbs might be a good book to read.
Yet another ploy to sway voters toward an evil regime. I’m a single mom who sacrificed, elevated my education, instilled hard work in my boys, and worked three jobs to help them through college. Their debt was minimal and we paid that debt. Nothing is free.
Wake up people. This is another way to get the votes for their socialistic government.
Biden has created a separation of people in this country and for the one reason I believe: that those forgiven of a portion of their debt they vote for the democrats and for those who do not have that debt or those who are over the annual income becomes potential anti democratic. This will impact the elections in November of this mid term. And who pays the debt: all of the working class because so
Wine has to pay off this debt of borrowed monies.
I pray that Biden does not go through with this debt reduction and/or he is sued to bring this action to court and ruled by righteous judges in favor of paying off the debt by the ones who borrowed it. After all if you buy a vehicle and it house and do not make payments faithfully you lose that vehicle/house and still have to pay off whatever debt remaining when it is resold again. Amen.
I have served in social work then education for thirty years. I worked my way through college and graduated with a small sect for my first undergrad degree. To get certified to teach, I had to do a second Bachelor’s degree for 2.5 more years. I was ineligible for any loans. I still have over $3,000 to pay off and due to family issues, I’ve not been able to get out from under the debt. Forgiveness to me- a smaller debt seems a fair repayment for my years of public service. However, when we signed the papers, we accepted responsibility to pay back, so this measure is a blessing but also seems weighty, to our national budget.
A president does not have that authority.
Sorry, but you know a lot of these comments are not very Christian and not very loving. What is happening to IFA?
The Lord expects us to be wise with money and that means having integrity and responsibility as well. Most importantly, naïveté without accuracy of seeing the whole picture can lead to deception. I think you’re confusing “nice”…remember, many evil schemes come as an enticing disguise. Lord, please wake-up the well-meaning but nevertheless naive ones, I pray.
I don’t agree with your comment. Life is complicated…and Christians need to be able to express their frustrations and truth without being judged.
You might not approve of some of Jesus’ conversations with the religious leaders of his day.
I am glad Congress passed this help. There are many young people, my daughter included, who made the mistake of taking out these loans, thinking they had no choice. Now she is really stuck working long hours, can’t buy a house, and is missing out on seeing her children grow up. She cries every day. You know, in the Great Depression many people, including by mother’s family of 13 children survived because of help from the government. My grandfather worked under the WPA. We would never go back to a time of no help for the poor and no Social Security. I think that sometimes people just need a hand up and I am willing to contribute towards it.
Shiela, I wonder if your daughter like one of my adult children in their “needs” while short of money go to Starbucks, eat at fast foods like Chic Filet, have the newest iphone, ipad, have unlimited data, cable or the alternative where it’s streaming and you pay for each like netflex, hulu, apple, peacock, etc, etc. or they doing without the above as well as other unnecessary items and paying down THEIR OWN loan that they willingly took out, mistake or not?
It’s a ploy by democrat Marxists – that’s how they operate – they must be voted out regardless WHO benefits – Marxists are good at spending other people money that’s their modus operandi
This is a tough one. I know how my family will be eased of burdens. I have a brother that thinks the school deceived him and doesn’t want to pay it even though he graduated.
As for me, I paid off my student loans. Nobody rewarded me. They didn’t tell me way to go or give me accolades for paying it. It was my debt and I rejoiced that I had accomplished.
It taught me to be responsible for credit cards and other debts. It helped me to strengthen my resolve to watch what kind of debt I owe.
JUST MORE DEMO MAGGOT SOCIALISM, WHEN THIS BUM FINALLY LEAVES OFFICE, AMERICA IS GOING TO FIGHT BACK FROM CRIPPELING DEBT
Our family made hard choices to save and deny so we could send our daughter to college without debt. We feel it is not our responsibility to take on the debt of someone else’s choices
I am mother who mistakenly took out for a Parent Plus Loan for my daughter to stay at Oral Roberts University for one year. I am a U.S. citizen and I am born and raised in the USA. Debt is a yoke and a burden. I pray God’s will to be done in this matter in Jesus name.
Enough is enough. He is buying votes. Wake up America. This must be stopped. Fast, Pray. Repent. Clean out all idols that may have crept in. Return to a God fearing Church. Make the Holy Bible your treasured book and embrace it as all Truth without any “cut and paste”.
We must remain in faith and hold on to our confession of hope because we agree that God can and will do what He says He will do. We must stand in agreement with God’s Word that is alive and powerful and active in us. We agree and decree that this latest scheme will backfire and fail. In the Mighty Name of Jesus!
I pray Lord make it obvious to your people that are under the impression that this is a right thing. Reveal to them the evil behind it all. Father I pray expose the deception that brings financial harm to our country. Expose these devious, self seeking people in government. And enlighten the eyes of your people. Not by power, nor by might, but by Your Spirit that this country remain under You, Lord, & Your principality! Jesus is Lord!!! America 🇺🇸 in God we trust!
Instead of harping on I worked this many jobs to pay off my kids loans or your personal loans why not be happy for the people who can get some relief. Good for you. Is not better to be debt free? Not everyone is wealthy but wants to be comfortable. Should we fault those who wanted to further their education?
There are students whose jobs are in public service and their loans were paid off or will be. Do we fault them for the career they chose because it was their purpose to serve in that area? What if it were those sample people who are against this are in fact the ones that their student loan debt will be cancelled? Some of these loan companies have gouged students with high interest rates…predatory. There are some who were first in their family to go to college. I admit our educational system is broke but pray for the system. If the U.S. would get off it’s high horse and stop making everything about politics and other issues that continue to cause stife and division we would be better off. There should be no poverty, homelessness, or food poverty in the U.S. We should be praying for all levels of government that they seek God and wise counsel and our fellow man. In the Kingdom of God there is no division. Micah 6:8 – No, O people, the Lord has told you what is good, and this is what He requires of you: to do what is right, to love mercy, and to walk humbly with your God.
I cannot agree. This is forced labor. Others through inflation, higher costs, and taxes are being forced to pay for another’s debt.
Then let those more greedy loan companies pay the usury back. If it wasn’t for the government loan guarantees, to reimburse colleges for student load defaults, the colleges and loaning institutions would be less likely to keep raising tuition. The loan guarantees are around 7%; much higher than the market rates. We should not be laying the financial burden on other hard-working men and women through forced taxation for this move. They were responsible to pay back their loans, like me and I have never been “rich”, should not be burdened, again, with a financial obligation by the “tip of the Roman spear” so to speak.
“NICE” without wisdom, discernment, and prudence is faulty and sets up as prey! Lord, please teach your people this life-changing distinction!
This is all politicsl pandering talk specifically about attracting voters whose debt is forgiven. God give us leaders who will be brave enough to tell us what we need to hear, not tickling our ears with what we nay want to hear!
There is no such thing as “student loan debt forgiveness”; the debt is not forgiven but transferred to those who don’t owe it.
I fully agree as to forgiveness according to Biblical debt principles in Deuteronomy. We are doling out Trillions to foreign countries for them to in turn oppress Americans. We allow debt forgiveness for bankruptcy and charge card debt. We give money to illegal occupants in America. We dole out public benefits to people too lazy to work and who use procreation to increase their public dole. We mock our infirm and fail legacy of discipline. We are an arbitrary nation and until we take good stewardly care of our own, factions will increase. The world appears to be in a re-enactment as when Moses descended the mountain with the Ten Commandments ad found the nation had turned into blithering reprobates. America and the entire world must turn their hearts toward Heaven, repent replace their will with His, and enter into consummate prayer and gratitude. Father has given us His Only Son. What more can we now ask than to be holy as He is holy? As for me, I will continue to pray for a national return to holiness and away from liberalism and legalism.
Credit card debt is not forgiven under U.S. bankruptcy law.
To reiterate, I will continue to pray for a return to holiness and away from liberalism and legalism. Providential balance, not penance is the plumb line, for all considerations…
So using your logic banks are to forgive mortgages, boat loans, car loans, second mortgages, whatever I decide I want every 7 years?
I wonder what other OT laws you follow to a T, kill adulterous people, sacrifice animals, no work on the sabbath, pilgrimage to your place of birth, tithe 10%?
When people don’t have to pay for things, they don’t appreciate them and probably won’t work as hard as if they had to work to achieve their goals. Why should I pay for someone else to go to college.
Anything to get votes for the Demwits???
IFA totally missed this one. Below is what I wrote about the Sabbath year and how God is using Biden to fulfill his word. Please read and share.
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Is God using Biden to implement debt cancellation? Yes. The Bible says, at the end of every seven years, debts must be cancelled. (Deut. 15:1) This is known as the Sabbath Year or Shemittah. When is the end of the seventh year? Sunday, September 25, 2022.
Is this a coincidence? Is Biden now becoming a true believer and now worshipping God? No and no. God can use even pagan leaders to fulfill His word.
What does this mean for America? God will bless America remembering the poor and cancelling debt.
We continue to pray for America and for Biden and his people that they will do the right thing.
Please pray and share. Especially for those who do not know about the Shemittah and how God can use Biden to fulfill his plans and purposes.
So if I run out and run up my credit cards to the max under your theory it should be forgiven by the government by passing the cost of the payment on to other taxpayers?
By the way, this is not forgiven, it’s transferred to someone else.
Duhh, running up your credit cards and young people striving to better themselves and this country… you cannot compare the two! Horrible inane comparison
Dietrich Amen and Amen!! All I have read from others’ comments has been self-righteous, hard heartedness. Can you imagine Jesus saying to the blind man, “You need to save all the pennies you earn begging, and maybe in 30 years you will have saved enough to have eye surgery.” God open the eyes of materialistic America!!
Instead he needs to see that American Students get the STEM jobs that will pay back the loans instead of foreigners. Such an easy solution and way to make America Great Again and get us out of this recession he has caused. This should NOT be on the backs of the taxpayers that had nothing to do with incurring the debt!
A friend of mine is retired, fighting a cancer onset, and is still paying on a student loan debt. This will help his meager financial situation immensely. I’m not a fan of our education system. I’m thankful to be blessed to not have to ride such a hamster wheel. I do not begrudge debt forgiveness for him. Jesus forgave all of our debt which would have led to death. Be thankful that life isn’t fair! We wouldn’t want to receive what we deserve.
This is indeed an issue. What I find interesting is the Silence in America over the BILLIONS sent to Ukraine repeatedly, for a war that is aiding Biden and Dems but the outrage over what will aid the Americans. It’s all for the destruction of America. May the Lord move in our land as He sees fit in these last days.
No ones debt should be repaid. Think about all previous students and parents that paid their own debt, and how unfair this Bill is. Every on should pay their own debts.
We bind theft in JESUS NAME! Taking a person’s tax dollars to pay someone else’s student loans is theft pure and simple! FATHER GOD please raise up congresspeople to vote this down in JESUS NAME! Amen!
Amen!
This student loan forgiveness will Not only harm taxpayers, it is, needless to say, would be grossly unfair to persons like myself, who had to pay their own school loans and taking years to do so. I finally completed paying off my loans just last year.
Father God, I pray against this move that will harm taxpayers even further. Help those with student loans but, Father, I pray that You would prevent the government from taking our money to provide them assistance. In Jesus Name, Amen.
Amen
Freedom comes from You Lord. Your thoughts and Your Ways are not ours. Lord cause the thoughts and ways of God over ride the thoughts and ways of man in this situation.
Help Holy Spirit Help – Guide – Lead- Advocate for what is right and just in Your Eyes Lord. Thank You Most High God. King of kings and Lord of lords.
Amen