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Professional Development: Why $1.7 Trillion in Student Loan Debt Should be Forgiven · Earn Your Leisure

• 0:00
  Speaker 1: An illegal alien from Guatemala charged with raping a child
• 0:03
  Speaker 1: in Massachusetts. An MS thirteen gang member from Al Salvador
• 0:07
  Speaker 1: accused of murdering a Texas man of Venezuelan charged with
• 0:11
  Speaker 1: filming and selling child pornography in Michigan. These are just
• 0:15
  Speaker 1: some of the heinous migrant criminals caught because of President
• 0:19
  Speaker 1: Donald J. Trump's leadership. I'm Christy nom the United States
• 0:23
  Speaker 1: Secretary of Homeland Security. Under President Trump, attempted illegal border
• 0:28
  Speaker 1: crossings are at the lowest levels ever recorded, and over
• 0:31
  Speaker 1: one hundred thousand illegal aliens have been arrested. If you
• 0:35
  Speaker 1: are here illegally, your next you will be fined nearly
• 0:39
  Speaker 1: one thousand dollars a day, imprisoned, and deported. You will
• 0:43
  Speaker 1: never return. But if you register using our CBP home
• 0:46
  Speaker 1: app and leave now, you could be allowed to return legally.
• 0:50
  Speaker 1: Do what's right, leave now. Under President Trump, America's laws,
• 0:55
  Speaker 1: border and families will.
• 0:57
  Speaker 2: Be protected sponsored by the United States Department of Homeland Security.
• 1:00
  Speaker 3: So let's even talk about student debt for a second.
• 1:02
  Speaker 4: Let's put a cost to go to school right, right,
• 1:04
  Speaker 4: because that's that's an issue in itself that needs to
• 1:06
  Speaker 4: be rectified. Right because traderations are still going to school,
• 1:09
  Speaker 4: like you know, they're I'm graduating classes year after year.
• 1:12
  Speaker 4: Who still are aspiring to take on this amount of
• 1:16
  Speaker 4: money for an education that shouldn't be free. And to
• 1:19
  Speaker 4: be honest, some of it is. Some of it that
• 1:22
  Speaker 4: it doesn't equate to the costs, like the value of
• 1:24
  Speaker 4: the experience is not adding up to the costs.
• 1:26
  Speaker 3: But to your point, that's a whole, that's a whole.
• 1:29
  Speaker 5: That's a whole nother, that's a whole less of you
• 1:33
  Speaker 5: when so, But that's absolutely on point, right like us
• 1:35
  Speaker 5: thinking about whose fault this is and how we got here,
• 1:38
  Speaker 5: the blame has always been put on borrowers. Our country
• 1:42
  Speaker 5: is built on debt, and everybody going to be in debt.
• 1:44
  Speaker 3: Everybody's got to be in debt. They got to owe
• 1:46
  Speaker 3: somebody else who owes money.
• 1:48
  Speaker 5: And this narrative that it's the borrower's fault, that it's
• 1:50
  Speaker 5: the person's fault for wanting to pursue a higher education,
• 1:53
  Speaker 5: that is a It is a political argument because you know,
• 1:57
  Speaker 5: parties and politics are a part of who divides that discussion.
• 2:01
  Speaker 3: But it's really a question about our value on education.
• 2:03
  Speaker 5: Just to begin with, So if you don't value education,
• 2:06
  Speaker 5: then of course you're going to blame people who go right.
• 2:09
  Speaker 5: If you value education and you think education should be
• 2:11
  Speaker 5: a right, then you're going to figure out all the
• 2:13
  Speaker 5: ways in which this government, when they create their policies,
• 2:15
  Speaker 5: when they pass their policies and legislation, make education accessible
• 2:19
  Speaker 5: for everybody. So to your point, and to this discussion
• 2:23
  Speaker 5: I have, I try to avoid arguments. I like to
• 2:26
  Speaker 5: work with the coalition of the willing right. Like everybody
• 2:29
  Speaker 5: got an issue, they want to.
• 2:29
  Speaker 3: Fight her, that's nice.
• 2:30
  Speaker 4: I'm going to borrow that the coalition of the willing.
• 2:33
  Speaker 5: Listen, everybody got a problem, Okay, everybody got a problem
• 2:35
  Speaker 5: with something. And I've been doing this work for twelve years,
• 2:38
  Speaker 5: and so there's some times where I will engage in
• 2:40
  Speaker 5: conversations to convince people. But then there are some folks
• 2:42
  Speaker 5: who are just built to understand that you should pull
• 2:45
  Speaker 5: yourself up by your bootstraps, that it's the borrower's fault,
• 2:47
  Speaker 5: that education is only a shouldn't only be accessible to
• 2:51
  Speaker 5: people who can afford it or who deserve to go
• 2:53
  Speaker 5: And I just don't subscribe to those notions.
• 2:55
  Speaker 3: There's everybody deserves to go to school. I don't get
• 2:57
  Speaker 3: excuse me, I don't.
• 2:58
  Speaker 5: Care about the cuss I don't care if you just
• 3:00
  Speaker 5: do two years and change your mind, go to school.
• 3:03
  Speaker 5: You see what I'm saying, are like, oh, no, you
• 3:05
  Speaker 5: wasted money. No no, no, no, I don't think the education
• 3:07
  Speaker 5: will ever be a waste.
• 3:08
  Speaker 3: So just go.
• 3:09
  Speaker 5: And when we talk about cancelation, it is the reframing
• 3:11
  Speaker 5: of our mind in conversations around who's fault. It actually
• 3:13
  Speaker 5: is the government has increased our tuition one hundred and
• 3:16
  Speaker 5: thirty percent. And if you look at most schools across
• 3:19
  Speaker 5: the country that are public institutions that get federal funding,
• 3:21
  Speaker 5: that money is not going back.
• 3:22
  Speaker 3: To the students.
• 3:23
  Speaker 5: That money is going to hire executive principles and executive officers,
• 3:28
  Speaker 5: and to pay for new buildings and to buy new
• 3:30
  Speaker 5: cars and to do all these things.
• 3:32
  Speaker 3: It's not going to the workers. It's not going to
• 3:33
  Speaker 3: the students.
• 3:34
  Speaker 5: UCLA right now is trying to expand its campus so
• 3:38
  Speaker 5: they can recruit students to get more income. But students
• 3:41
  Speaker 5: are living in the lounges in the dormitories, and they're
• 3:46
  Speaker 5: not going to the constitution. I teach at U See
• 3:48
  Speaker 5: Santa Cruz and my students during the pandemic, paid the
• 3:52
  Speaker 5: full cost of tuition, paid for housing and food, and
• 3:55
  Speaker 5: didn't get the services because they were at home and
• 3:57
  Speaker 5: did not get a refund. What they did get was
• 3:59
  Speaker 5: three COVID masks and a box of COVID tests.
• 4:02
  Speaker 4: Lord, I mean you talk about injustice. I mean, that's
• 4:06
  Speaker 4: it's it's it's insane to know the way. It's insane
• 4:10
  Speaker 4: to know to understand the system and how it's been working.
• 4:12
  Speaker 4: And it's not only just institution of education, but you
• 4:15
  Speaker 4: kind of see these same themes in all the other institutions, right,
• 4:19
  Speaker 4: but it hits closer to the home when it's education
• 4:22
  Speaker 4: because it is the it is the access to information
• 4:25
  Speaker 4: that we need to make progress in our community. And
• 4:27
  Speaker 4: so what what communities like our community has done is
• 4:31
  Speaker 4: be able to tap into the the the masses of
• 4:34
  Speaker 4: people who actually just want to have an experience with information, right,
• 4:39
  Speaker 4: engage with information, learn, cultivate community around the information. And
• 4:43
  Speaker 4: what schools have gotten away from, to be honest with you,
• 4:46
  Speaker 4: is actually building building community and building cultivating kind of learning,
• 4:51
  Speaker 4: you know, this learning experience. Because of the concerns that
• 4:55
  Speaker 4: it's just that are kind of answery around the issue
• 4:59
  Speaker 4: of education. So if if if I've got away the
• 5:02
  Speaker 4: cost of education and against the quality or the need
• 5:06
  Speaker 4: for education, and come on, we all we all know
• 5:09
  Speaker 4: the choice that that that that we're putting up against.
• 5:12
  Speaker 4: And then it's not an a's a no win battle,
• 5:13
  Speaker 4: like who wants to take on one hundred thousand dollars
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  Speaker 4: of debt to go through four years of school? And
• 5:18
  Speaker 4: so for young people who are still developing and still
• 5:21
  Speaker 4: growing and looking to have experiences, it's it's it's almost
• 5:24
  Speaker 4: like a dand if you do, damned if you don't.
• 5:26
  Speaker 4: And what I've what concerns me is that too many
• 5:29
  Speaker 4: people have become conditioned to accept that it has to
• 5:33
  Speaker 4: be this way. And so I hear the fire in
• 5:37
  Speaker 4: in in you know, from from you, but I hear
• 5:39
  Speaker 4: the fire from you know, other people as well in
• 5:41
  Speaker 4: our community. But I don't know that that. I don't
• 5:43
  Speaker 4: know that the young people, the younger generator.
• 5:47
  Speaker 2: Ernest, what's up?
• 5:47
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• 7:37
  Speaker 1: An illegal alien from Guatemala charged with raping a child
• 7:41
  Speaker 1: in Massachusetts. An MS thirteen gang member from El Salvador
• 7:45
  Speaker 1: accused of murdering a Texas. Man of Venezuelan charged with
• 7:49
  Speaker 1: filming and selling child pornography in Michigan. These are just
• 7:53
  Speaker 1: some of the heinous migrant criminals caught because of President
• 7:57
  Speaker 1: Donald J. Trump's leadership. I'm Christine Noman, the United States
• 8:00
  Speaker 1: Secretary of Homeland Security. Under President Trump, attempted illegal border
• 8:05
  Speaker 1: crossings are at the lowest levels ever recorded, and over
• 8:09
  Speaker 1: one hundred thousand illegal aliens have been arrested. If you
• 8:12
  Speaker 1: are here illegally, your next you will be fine nearly
• 8:16
  Speaker 1: one thousand dollars a day, imprisoned and deported, you will
• 8:20
  Speaker 1: never return. But if you register using our CBP home
• 8:24
  Speaker 1: app and leave now, you could be allowed to return
• 8:27
  Speaker 1: legally do what's right. Leave now. Under President Trump, America's laws,
• 8:32
  Speaker 1: border and families will.
• 8:34
  Speaker 2: Be protected sponsored by the United States Department of Homeland Security.
• 8:38
  Speaker 4: That it's that they're attaining the information because I think
• 8:39
  Speaker 4: it's also ingrained into their parents. I think there's I
• 8:43
  Speaker 4: think the work that we're calling I think the work
• 8:45
  Speaker 4: that we're called to do is to create new narratives
• 8:48
  Speaker 4: right in new paradigms and to make that intergenerational. And
• 8:51
  Speaker 4: so what I hear you saying is is this intergenerational
• 8:54
  Speaker 4: kind of work that needs to not only land on
• 8:57
  Speaker 4: the doorsteps of of institutions, but also households in our community.
• 9:03
  Speaker 4: And so can you can you talk about some of
• 9:06
  Speaker 4: your experience in kind of the community work, how do
• 9:09
  Speaker 4: we galvanize community around these new narratives when it comes
• 9:12
  Speaker 4: to education, Because what I tell my students when they
• 9:15
  Speaker 4: make an educational decision that they're actually making a business.
• 9:17
  Speaker 4: And I kind of frame it in the lens of
• 9:19
  Speaker 4: it being transactional that if I'm going to spend this whatever,
• 9:21
  Speaker 4: if I'm going to spend this number, then I need
• 9:23
  Speaker 4: to know the value of what my degree is or
• 9:26
  Speaker 4: the area I study and so I tell my students,
• 9:29
  Speaker 4: I'm not sending you to college so that you can
• 9:31
  Speaker 4: go have this exploratory kind of magical experience. You know,
• 9:35
  Speaker 4: we're going to do that here now. While it's free.
• 9:37
  Speaker 4: When you go, you're going to go with a plan
• 9:38
  Speaker 4: and a purpose so that you can then build. And
• 9:40
  Speaker 4: I don't I know that. I know that, listen, I
• 9:43
  Speaker 4: know that in that's a rarity in education because I
• 9:45
  Speaker 4: think a lot of people just pump this notion that
• 9:47
  Speaker 4: go to school, go to school, go to school, and
• 9:49
  Speaker 4: then you'll figure it out. And that's been a detriment
• 9:51
  Speaker 4: to my community. So in terms of community outreach and
• 9:55
  Speaker 4: preparing and kind of I guess I want to say
• 9:59
  Speaker 4: equipping our our parents are community leaders with new narratives.
• 10:03
  Speaker 4: What does that been like to be in the fields
• 10:05
  Speaker 4: and spreading that disinformation about the student the student loan crisis.
• 10:10
  Speaker 5: It's what you said, it's intergenerational. So I'll talk about that,
• 10:13
  Speaker 5: but it's also.
• 10:13
  Speaker 4: Seasy go ahead, yeah, yeah, yeah, yeah, yeah, you're right.
• 10:16
  Speaker 5: So what I mean by that is that the current
• 10:19
  Speaker 5: borrowers who this recent announcement impacts are anybody who got
• 10:23
  Speaker 5: their loans dispersed after June thirtieth of this year, So
• 10:26
  Speaker 5: anybody after that does not qualify for any of this
• 10:30
  Speaker 5: program stuff that Joe Biden's talking about, which I hope
• 10:32
  Speaker 5: we get a chance to dissect them.
• 10:33
  Speaker 4: Yeah, yeah, that's coming next. We got to get there.
• 10:35
  Speaker 3: Okay, we talk about that.
• 10:37
  Speaker 4: Yeah yeah, yeah, yeah, please bring us there.
• 10:39
  Speaker 5: Well yeah, so there's that, And so there are people
• 10:43
  Speaker 5: who are currently seniors in high school who need to
• 10:46
  Speaker 5: make the choice that am I going to go to
• 10:48
  Speaker 5: college or am I not going to going to college?
• 10:49
  Speaker 5: And how much will it cost? And how much will
• 10:51
  Speaker 5: my family have to take out? And will I have
• 10:52
  Speaker 5: student loans? And does this cancelation stuff impact me? Then
• 10:56
  Speaker 5: there are current students on campus who are not paying
• 10:58
  Speaker 5: back their loans right now, don't need for the next
• 11:00
  Speaker 5: two three four years until they graduate. And then there
• 11:03
  Speaker 5: are people who are like me who have been graduated,
• 11:05
  Speaker 5: who are borrowers, who have taken out loans who get
• 11:07
  Speaker 5: thet So there's generations.
• 11:08
  Speaker 4: Right yeah, sure, sure, But then it's seasonal.
• 11:11
  Speaker 3: It's seasonal in the sense that we have an internal deadline.
• 11:15
  Speaker 3: We're waiting for an application.
• 11:16
  Speaker 5: If you were applying for the current forgiveness program, the
• 11:19
  Speaker 5: public student loan forgiveness program. There were some amendments that
• 11:22
  Speaker 5: were made that made it easier, and you have until
• 11:24
  Speaker 5: October thirty first, the next twenty seven days to apply for.
• 11:27
  Speaker 3: Public student loan forgiveness.
• 11:28
  Speaker 5: The application is still open, but they made some they
• 11:30
  Speaker 5: made some changes to the waiver that are real technical,
• 11:32
  Speaker 5: so people can apply now. The announcement that Joe Biden
• 11:36
  Speaker 5: announced that application closes December twenty twenty three, so people
• 11:40
  Speaker 5: have now until the next year.
• 11:41
  Speaker 3: I mean, repayment start on the January first, so fill
• 11:44
  Speaker 3: it out asap. I don't even know why they you're
• 11:45
  Speaker 3: talking about it.
• 11:46
  Speaker 4: Get to it.
• 11:47
  Speaker 3: If you do it, get to it and do it now.
• 11:49
  Speaker 5: But there is still December twenty twenty three for that.
• 11:51
  Speaker 5: So there's the internal timeline season of when we have
• 11:54
  Speaker 5: to apply for this current cancelation. But then there's the
• 11:56
  Speaker 5: season of the movement of education right education justice as
• 12:00
  Speaker 5: some people like to call it. And well, like I
• 12:02
  Speaker 5: said in two thousand and seven, when I first learned
• 12:04
  Speaker 5: about student loan debt cancelation, or I start talking about
• 12:06
  Speaker 5: free education, one nobody in Congress talking about free cancer.
• 12:10
  Speaker 5: Nobody one. We'd have a big We didn't have legislation,
• 12:14
  Speaker 5: what we did have was well, let's just increase the
• 12:16
  Speaker 5: pail grant. Let's try to do tuition freezes, and like
• 12:19
  Speaker 5: those were not happening across the country, and the peil
• 12:22
  Speaker 5: grant wasn't increased. They're like, well, let's change the fast
• 12:24
  Speaker 5: fus so it's in multiple languages, which is like in
• 12:26
  Speaker 5: three languages now, right, it was to your point and
• 12:30
  Speaker 5: to some of our critics, which I am definitely a
• 12:31
  Speaker 5: critic of all the things that have happened in Congress
• 12:33
  Speaker 5: right now around well, these are just incremental changes, right,
• 12:36
  Speaker 5: Like all they changed the fast fus so it's in
• 12:38
  Speaker 5: more languages. Oh, they increase the pel grant. Those are
• 12:41
  Speaker 5: small games and small wins. But I'm looking back as
• 12:43
  Speaker 5: an organizer over the last decade and saying the movement
• 12:46
  Speaker 5: of student organizers then and now had been able to
• 12:49
  Speaker 5: advance a national narrative over the last two and a
• 12:51
  Speaker 5: half years that says not only it's student loan debt
• 12:55
  Speaker 5: a problem, but we're going to push it to make
• 12:57
  Speaker 5: it a national priority. I don't care which debate you
• 13:02
  Speaker 5: look back at in twenty eighteen.
• 13:04
  Speaker 3: Let's get to twenty eighteen.
• 13:05
  Speaker 5: All the candidates had to take a stand That was
• 13:07
  Speaker 5: one of the questions that the interviewees were saying.
• 13:10
  Speaker 3: Okay, Warren, where are you on dead cancer?
• 13:12
  Speaker 5: Okay, Biden Okay, Bernie Okay, Corey Bush, Okay, you know
• 13:18
  Speaker 5: Amyklobajar Okay. Which I'll say about film no deck cancelation.
• 13:21
  Speaker 3: We did that. We did that.
• 13:23
  Speaker 1: An illegal alien from Guatemala charged with raping a child
• 13:26
  Speaker 1: in Massachusetts. An MS thirteen gang member from Al Salvador
• 13:30
  Speaker 1: accused of murdering a Texas man of Venezuelan charged with
• 13:35
  Speaker 1: filming and selling child pornography in Michigan. These are just
• 13:39
  Speaker 1: some of the heinous migrant criminals caught because of President
• 13:42
  Speaker 1: Donald J. Trump's leadership. I'm Christy Noman, the United States
• 13:46
  Speaker 1: Secretary of Homeland Security. Under President Trump, attempted illegal border
• 13:51
  Speaker 1: crossings are at the lowest levels ever recorded, and over
• 13:55
  Speaker 1: one hundred thousand illegal aliens.
• 13:56
  Speaker 2: Have been arrested.
• 13:57
  Speaker 1: If you were here illegally, next you will be fine
• 14:01
  Speaker 1: nearly one thousand dollars a day, imprisoned and deported, you
• 14:06
  Speaker 1: will never return. But if you register using our CBP
• 14:09
  Speaker 1: home app and leave now, you could be allowed to
• 14:12
  Speaker 1: return legally. Do what's right. Leave now. Under President Trump
• 14:17
  Speaker 1: America's laws, border and families will be protected.
• 14:21
  Speaker 2: Sponsored by the United States Department of Homeland Security,