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When asked regarding student loans, White House Press Secretary Jen Psaki informs that student loans will resume starting February as repayment is of high priority for the administration. The Majority Report crew discusses President Biden’s stance on student loans and how he has historically used debt as a disciplinary tool throughout his career. The crew also comments on how harmful Biden’s stance of debt is to working-class people pursuing an education. We stream our live show every day at 12 PM ET. We need your help to keep providing free videos! Support the Majority Report's video content by going to / majorityreport Watch the Majority Report live M–F at 12 p.m. EST at / samseder or listen via daily podcast at http://Majority.FM Download our FREE app: http://majorityapp.com SUPPORT the show by becoming a member: http://jointhemajorityreport.com We Have Merch!!! http://shop.majorityreportradio.com LIKE us on Facebook: / majorityreport FOLLOW us on Twitter: / majorityfm SUBSCRIBE to us on YouTube: / samseder Emma Vigeland: Biden has throughout his entire career seen debt as a disciplinary tool. And he has been a proponent from the bankruptcy bill on and before and after and after as well of using debt in this fashion as a way to make sure you keep a certain segment of the population in line. Sam Seder: it's such you know what, it's a moral hazard. EV: And talk about regressive policy. The federal government again being in the business of profiting off of people who want to go to school like you you can't talk about this in in the same sentence as taxation but it has a very similar effect and just another reason why another. Matt Lech: totally...if you come from a working-class family and your parents can't afford to pay for college themselves it's gonna hurt you. Like this country wants to make that hurt you.