Latest / Earn Your Leisure / KAMALA HARRIS ANNOUNCES THAT EVEN NON-GRADUATES ARE ELIGIBLE FOR $150B STUDENT LOAN DEBT FORGIVENESS

Transcript

KAMALA HARRIS ANNOUNCES THAT EVEN NON-GRADUATES ARE ELIGIBLE FOR $150B STUDENT LOAN DEBT FORGIVENESS · Earn Your Leisure

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  Speaker 1: Earners. What's up.
• 0:02
  Speaker 2: You ever walk into a small business and everything just
• 0:04
  Speaker 2: works like The checkout is fast, the receipts are digital,
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  Speaker 2: most Ready. To see how Square can transform your business,
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  Speaker 2: more that Square dot com backslash, go backslash eyl. Don't wait,
• 1:01
  Speaker 2: don't hesitate. Let's Square handle the back end so you
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  Speaker 2: can keep pushing your vision forward. This episode is brought
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  Speaker 2: to you by P and C Bank, a lot of
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• 1:51
  Speaker 3: What that leads me to my next question. I'm not
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  Speaker 3: sure if you're ready to answered it or not, but
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  Speaker 3: I was going to ask about student loan and what
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  Speaker 3: the administration has done for Obviously, there's million of Americans
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  Speaker 3: that once again are suffocated was doing long debt and
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  Speaker 3: it's really crippled their lives.
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  Speaker 1: So you know, I'll tell you we went bolder with
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  Speaker 1: our plan and for student loan debt relief, and then
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  Speaker 1: the court cut some of the stuff that we were doing,
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  Speaker 1: but we have not stopped, and so we are through
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  Speaker 1: whatever and all of the powers that we have, through
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  Speaker 1: the executive orders and things of that nature, been forgiving
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  Speaker 1: again up to one hundred and fifty billion dollars of
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  Speaker 1: student loan debt. What I have seen in my travels
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  Speaker 1: around what this means for the people who have applied
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  Speaker 1: and figured it out, it's extraordinary. I mean, I've met
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  Speaker 1: people who have been forgiven you know, three digit thousands
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  Speaker 1: of dollars of debt. I've met teachers who've been teaching
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  Speaker 1: for twenty something years carrying that debt and not giving
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  Speaker 1: up the profession of teaching is but we don't pay
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  Speaker 1: them enough as it is, and you know, and so
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  Speaker 1: thinking about that, and let's think about you know, there
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  Speaker 1: were those who resisted the policy from the beginning and said, well,
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  Speaker 1: why do they need they should pay off their loans,
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  Speaker 1: why do they need it forgiven? Well, let's go back
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  Speaker 1: to the example of public servants, nurses, firefighters, teachers. Yes,
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  Speaker 1: we don't pay them enough, and do we People who
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  Speaker 1: have a calling, for example, teach other people's children, who
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  Speaker 1: pay for school supplies out of their own back pocket,
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  Speaker 1: and the benefit they give to all of us as
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  Speaker 1: a society. Should we not think about that? And think
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  Speaker 1: about the fact that we want them to stay in
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  Speaker 1: that noble profession. I think about the number of young
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  Speaker 1: people who have a calling to do that kind of work,
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  Speaker 1: similar kind of work, who have to go to some
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  Speaker 1: other kind of job because they need to pay off
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  Speaker 1: their loans. When we want that people would be able
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  Speaker 1: to follow their passion, especially when it benefits all of
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  Speaker 1: us in the Uplift society. So the reasons behind the
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  Speaker 1: policy include just that. And again, let's just let people
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  Speaker 1: know that they don't have to have graduated in order
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  Speaker 1: to get their debt forgiven, especially if that might mean
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  Speaker 1: that if they want to go back to school, they
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  Speaker 1: can go back and know that they can afford to
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  Speaker 1: go back.
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  Speaker 2: Well, this is coming from a teacher, I say, educator.
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  Speaker 3: Now turn entrepreneur.
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  Speaker 2: I couldn't agree with you more. Pay our teachers first,
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  Speaker 2: I just want to thank you for this. This has
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  Speaker 2: been an amazing opportunity. But we do have entrepreneurs here
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  Speaker 2: in the building. Where our entrepreneurs are there.
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  Speaker 3: They gore, oh, big Dave cheeseteaks that Isaac Hayes in
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  Speaker 3: the back South Isaac, he can't sink as good as
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  Speaker 3: his dad. Though, No, no.
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  Speaker 2: We wouldn't want them to either what piece of advice
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  Speaker 2: would you like to leave this audience? Like I said,
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  Speaker 2: this is Atlanta is such a hope of innovation for
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  Speaker 2: many businesses. But what would you like to leave this
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  Speaker 2: audience with in terms of advice for entrepreneurship.
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  Speaker 1: That you are worthy of and entitled to receive an
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  Speaker 1: investment in your dream and your ambition, and to seek
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  Speaker 1: out the resources that exist. And we're trying to make
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  Speaker 1: it easier for you to find those resources, but seek
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  Speaker 1: them out and know, you know, it's interesting, there's some
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  Speaker 1: studies that show that black entrepreneurs are often less likely
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  Speaker 1: than others to actually apply for a loan for fear
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  Speaker 1: they will be rejected. That is pretty significant data that
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  Speaker 1: supports that point. So part of my advice is go
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  Speaker 1: for it, apply for it, and and and all, and
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  Speaker 1: get the word out right. We don't we don't lack
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  Speaker 1: for really incredible vision and and and and entrepreneurial creative thought.
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  Speaker 1: And so it's just a matter of like, let's not
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  Speaker 1: let society or history impede or silence those ambitions. And
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  Speaker 1: then I would urge everyone to know, for example, community
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  Speaker 1: lenders and to seek them out. I was just earlier
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  Speaker 1: at Rice and what's happening there in terms of helping
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  Speaker 1: young entrepreneurs get ready and then have access. I'm at
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  Speaker 1: this young brother, he's now he's now going he's got
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  Speaker 1: a water company and it is now going to be
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  Speaker 1: selling at Walmart. Right, And so there are institutions and
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  Speaker 1: places that are available to you, groups that are available
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  Speaker 1: mentors here, I would say to the entrepreneurs are here,
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  Speaker 1: make sure you talk to the person that sit next
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  Speaker 1: to you, because they may just be that person who
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  Speaker 1: is willing to mentor you or willing to give you
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  Speaker 1: some advice about how they achieve their success. But don't
• 7:12
  Speaker 1: give up because we need you, Our country needs you,
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  Speaker 1: and that's how we're going to be strong. And I
• 7:24
  Speaker 1: would I want to just put a fine point on it.
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  Speaker 1: Be proud of your ambition. Be proud of your ambition,
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  Speaker 1: have ambition, dream with ambition. Do not ever be burdened
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  Speaker 1: by other people's limited ability to see what is possible.
• 7:44
  Speaker 1: Don't let that burden you. You know, my mother always
• 7:50
  Speaker 1: used to say to me, don't you ever let anybody
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  Speaker 1: tell you who you are. You tell them who you are. Right,
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  Speaker 1: I would love to say, hiied, no for breakfast. I
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  Speaker 1: don't hear no until maybe the tenth time. Don't hear
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  Speaker 1: it No, don't hear it no.
• 8:10
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• 8:45
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  Speaker 4: Do what's right. Leave now. Under President Trump, America's laws,
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  Speaker 4: border and families will be protected. Sponsored by the United
• 9:09
  Speaker 4: States Department of Homeland Security,