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Has the shine worn off Biden’s student loan forgiveness plan?
Biden’s plan to eliminate student loan debt for millions of voters helped the Democrats avoid total disaster in the 2022 election. At that time, 47% of voters supported the plan while 41% opposed it.
But according to a new AP/NORC poll, those numbers have more than flipped. Only 3 in 10 Americans now approve of Biden’s handling of student debt forgiveness while 4 in 10 oppose him.
There are a few wrinkles in the poll. If the borrower was defrauded by their school, 54% say the debt should be forgiven while 18% say it shouldn’t. If the borrower has made on-time payments for 20 years, the public believes by 49% vs. 23% the debt should be forgiven.
If the borrower has accrued more interest than originally borrowed 44% to 26% believe they should receive relief. «Sixty-five percent of the public favor student debt forgiveness in at least one of the circumstances asked on the survey,» according to AP.
«Fewer adults say it is extremely or very important for the federal government to forgive student loan debt (39%) than medical debt (51%).
