Overwhelming support for some federal student loan forgiveness: poll

According to a new poll, the overwhelming majority of voters favor some kind of student loan relief.

The poll, conducted by Morning Consult and Politico, showed that 64% of respondents supported some form of student loan forgiveness.

Specifically, 19% said they would support the federal government canceling student loans for all Americans. Another 16% said they support student loan forgiveness for all.

The survey found that 13% of respondents favored full student loan forgiveness for low-income Americans, and 16% favored some forgiveness for this group.

Meanwhile, 29% said they didn’t know and 7% said they had no opinion.

Notably, 80% of survey participants said they had no student loan debt. Eight percent had less than $20,000 in debt, 7% had between $20,000 and $49,999, and 3% had between $50,000 and $99,999.

Earlier this month, the Biden administration extended the student loan freeze through the end of August.

“To allow Americans to continue to get back on their feet after two of the toughest years this country has ever seen, my administration is extending the pause on federal student loan repayments until August 31, 2022. This additional time will help borrowers to achieve greater financial security and support the Department of Education’s efforts to continue improving student loan programs,” Biden said in a statement at the time.

Prior to this announcement, the pause on loan repayments was set to expire on May 1 after being suspended since March 2020 at the start of the COVID-19 pandemic.

The survey has a margin of error of plus or minus 2 percentage points. It took place from April 8 to April 11 and included 2,005 registered voters.


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