Page 4 - Debt Back News Today : Breaking News, Live Updates & Top Stories | Vimarsana

- and you haven't even graduated yet? - yeah. - i got about 140,000. - wow. - how do you invest in a future when you're constantly paying for the past? - yeah. all: [chanting] cancel student debt. cancel student debt. - but not everyone in the media was singing the same tune. - does a debt hop on the back of a unicorn and fly away? - if we're just willing to cancel student loan debt like you mentioned, why can't we just cancel the credit card debt? - student loan bailout, it's not going to teach the students fiscal responsibility. - why should i have to pay for my neighbor's dumb daughter? - o...

- and you haven't even graduated yet? - yeah. - i got about 140,000. - wow. - how do you invest in a future when you're constantly paying for the past? - yeah. all: [chanting] cancel student debt. cancel student debt. - but not everyone in the media was singing the same tune. - does a debt hop on the back of a unicorn and fly away? - if we're just willing to cancel student loan debt like you mentioned, why can't we just cancel the credit card debt? - student loan bailout, it's not going to teach the students fiscal responsibility. - why should i have to pay for my neighbor's dumb daughter? - o...

As our friend here would say. - uh-uh! - are the taxpayers going to have to pay a debt back? no. i mean, one thing we misconstrue about the federal budget is that it's zero sum. it's not. the federal government diverts resources to different sectors of the economy based on the decisions they make. - with student debt canceled, the money that would have gone straight to the government instead flows out into the economy. think of it as a stimulus, like the ppp loans. - these are loans that turn into grants. you use this to pay your workers. we want you to have a business that you can reopen quic...

- because there's a lot of people confusing the issue. - shirking responsibility off of our backs into the backs of taxpayers. - canceling debt does not mean that taxpayers are picking up the tab or that anyone is paying for your neighbor's "dumb daughter," as our friend here would say. - uh-uh! - are the taxpayers going to have to pay a debt back? no. i mean, one thing we misconstrue about the federal budget is that it's zero sum. it's not. the federal government diverts resources to different sectors of the economy based on the decisions they make. - with student debt canceled, the money tha...

America are stressing they're still going to do their homework on bow r-- borrowers, that peope have a history of paying rent, utilities, cell phone service. if this is successful, we could see similar programs rolled out in other cities. >> aren't those the building blocks of a credit score? >> they are, but some people don't have a credit score. if you don't have a credit card, you might not have built up a credit score, you might have a low one. so they're not going to look at that. they want to make sure that you have income and a history of being able to pay debt back, but they're trying ...