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MSNBC Loan Wolves June 4, 2024 01:28:00

But given not what the intention was, but what the result has been 20 years in, does that give you some pause and make you think maybe it is worth, you know, reopening that option for bankruptcy? - no. i can understand why people would come at that. but that s why we created the income contingent repayment plans, a failsafe for the students who were serious about their loans. - but there are millions of people who applied, got kicked off because they there are all sorts of reasons. we have to get into all of them. but we are now 20 years in, and we ve seen what happens when it s implemented. does that concern you? - well, yes. but the answer i don t think is to go to a system that i don t think has the right sets of responsibilities. i mean, i think that income contingent repayment is a more reasonable response than simply discharging the loan in bankruptcy. - okay. but do you believe in bankruptcy in general, just as a general - sure. - i mean, it sounds like you - sure. i do. no. ....

Restore Bankruptcy , Income Contingent Repayment Plans , Income Contingent Repayment ,

MSNBC Loan Wolves June 4, 2024 03:28:00

But given not what the intention was, but what the result has been 20 years in, does that give you some pause and make you think maybe it is worth, you know, reopening that option for bankruptcy? - no. i can understand why people would come at that. but that s why we created the income contingent repayment plans, a failsafe for the students who were serious about their loans. - but there are millions of people who applied, got kicked off because they there are all sorts of reasons. we have to get into all of them. but we are now 20 years in, and we ve seen what happens when it s implemented. does that concern you? - well, yes. but the answer i don t think is to go to a system that i don t think has the right sets of responsibilities. i mean, i think that income contingent repayment is a more reasonable response than simply discharging the loan in bankruptcy. - okay. but do you believe in bankruptcy in general, just as a general - sure. - i mean, it sounds like you - sure. i do. no. ....

Restore Bankruptcy , Income Contingent Repayment Plans , Income Contingent Repayment ,

MSNBC Andrea Mitchell Reports June 4, 2024 17:30:00

The president is no ordinary citizen. they want to know, one, is that individual a crook or not? are they paying their fair share of taxes? do they have conflicts of interest that impact their decision making process or the enforcement of the laws? are they compromised by a foreign agent? every president in order to give that confidence to the american people voluntarily released their taxes, except donald trump. the failsafe, mandatory audit program, didn t work. they didn t start until two years after donald trump took office. after the congress started doing its oversight of the administration and this program. we need to pass those laws so we can and codify it so that it can say when do taxes of a president have to be reviewed, started and finished? what happens if they find discrepancies? kind of set it out and provide resources. right now, the american people ....

Biden Doesn T , Decision Making Process , Donald Trump , U S Congress , Audit Program , Didn T Work , The American People Shouldn T ,

MSNBC Loan Wolves June 4, 2024 04:28:00

Maybe it is worth, you know, reopening that option for bankruptcy? - no. i can understand why people would come at that. but that s why we created the income contingent repayment plans, a failsafe for the students who were serious about their loans. - but there are millions of people who applied, got kicked off because they there are all sorts of reasons. we have to get into all of them. but we are now 20 years in, and we ve seen what happens when it s implemented. does that concern you? - well, yes. but the answer i don t think is to go to a system that i don t think has the right sets of responsibilities. i mean, i think that income contingent repayment is a more reasonable response than simply discharging the loan in bankruptcy. - okay. but do you believe in bankruptcy in general, just as a general - sure. - i mean, it sounds like you - sure. i do. no. i believe in bankruptcy as a general provision for people who really get hammered, give them a chance to start over. ....

Restore Bankruptcy , Income Contingent Repayment Plans , Income Contingent Repayment ,

MSNBC Loan Wolves June 4, 2024 04:28:00

- so you just made a point that, you know, people should meet their obligations, like you said. but given not what the intention was, but what the result has been 20 years in, does that give you some pause and make you think maybe it is worth, you know, reopening that option for bankruptcy? - no. i can understand why people would come at that. but that s why we created the income contingent repayment plans, a failsafe for the students who were serious about their loans. - but there are millions of people who applied, got kicked off because they there are all sorts of reasons. we have to get into all of them. but we are now 20 years in, and we ve seen what happens when it s implemented. does that concern you? - well, yes. but the answer i don t think is to go to a system that i don t think has the right sets of responsibilities. i mean, i think that income contingent repayment is a more reasonable response than simply discharging the loan in bankruptcy. - okay. ....

Restore Bankruptcy , Income Contingent Repayment Plans , Income Contingent Repayment ,