4.8 • 28.7K Ratings
🗓️ 10 April 2024
⏱️ 49 minutes
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0:00.0 | With dwindling poll numbers and mounting crises on every political front, |
0:04.4 | the Biden administration is resorting to a tried and true Democrat strategy to secure |
0:10.3 | re-election. Bride people. So today then, building on the work that we've done thus |
0:16.3 | far, I'm announcing a new plan to forgive more loans for 25 million more Americans |
0:22.3 | including millions of our public servants. |
0:25.8 | And that means, for example, if you've paid undergrad loans for 20 plus years or graduate loans |
0:30.8 | for 25 or more years, your loans will be completely forgiven, regardless of your |
0:36.6 | income and even if you did not graduate. |
0:39.8 | So I'm going to repeat that. |
0:41.4 | If you've paid undergraduate loans for more than 20 years or |
0:45.6 | graduate loans for more than 25 years, those loans will be completely forgiven |
0:50.8 | regardless of your income and even if you did not graduate. And forgiveness |
0:56.4 | will be automatic for the vast majority of the 25 million people that we |
1:00.4 | believe will benefit from this approach and to see if you could be eligible |
1:04.2 | I would urge everyone to go to student aid.gov that student aid.gov. |
1:10.0 | Now you might be wondering if this is really a smart strategy. |
1:14.0 | After all, the vast majority of Americans are not college graduates. |
1:18.8 | 62.3% to be exact. |
1:21.8 | Is it really wise to bribe only a minority of eligible voters and |
1:26.8 | to do so with money from the majority? Well, that's why Biden is paying off the loans of all college attendees, even those who did not graduate. |
1:38.8 | Most Americans attend at least some form of college for some period of time. |
1:46.0 | 56.86% of Americans, to be precise. |
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