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00:00Joe Biden just announced that up to $10,000 of federal student loan debt will be forgiven
00:04if you make under $125,000 a year or $250,000 a year as a married couple.
00:09On top of that, all other student loan debt will be paused one final time through December 31st,
00:142022. Even more remarkable is that you'll owe no federal income tax whatsoever on the
00:18amount that's forgiven, so it's basically a free $10,000. One side believes that this
00:22should all boost up our economy when less money is tied up paying back loans, while
00:26the other side believes that this will only worsen inflation and that it's not fair to
00:30everybody else who already paid back through loans. What do you think? That's because
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