Connect with us

Hi, what are you looking for?

The left has been pushing back at Biden on the issue after he rejected their calls for canceling up to $50,000 in student loans.

Florida News

Most Americans Do Not Support Canceling Student Loan Debt

The left has been pushing back at Biden on the issue after he rejected their calls for canceling up to $50,000 in student loans.

With Democrats running both chambers of Capitol Hill, the progressive wing of the party, led by U.S. Sens. Bernie Sanders, I-Vt., and Elizabeth Warren, D-Mass., has clashed with President Joe Biden over student debt loan forgiveness.

The left has been pushing back at Biden on the issue after he rejected their calls for canceling up to $50,000 in student loans.

Biden seems to have his finger closer to the pulse of the American people than his critics on the left. According to a recent survey by Yahoo Finance and the Harris Poll, more than half of Americans don’t support the level of student debt forgiveness liberals want as 54 percent of those surveyed opposing canceling student loan debt while 46 percent support the idea.

The poll found that 50 percent of Americans with a college degree making more than $100,000 a year would support debt forgiveness while 45 percent of those making less than $50,000 would support it and 35 percent of people with a high school education or less would support it.

The poll also found that 58 percent of Blacks and 54 percent of Hispanics would support some forgiveness while 42 percent of whites back the idea.

Still, Americans do not want this action coming from the White House with 59 percent saying if student debt is eliminated, Congress should do it, not the president.

Among voters, student debt forgiveness has some importance at the ballot box.

The poll finds that 66 percent of those surveyed say a candidate’s position on student debt forgiveness is at least somewhat important to them.

Younger voters believe the issue is a top concern with 72 percent of voters under 44 saying it an issue that could impact their vote.

Support of canceling student debt is on the decline with this poll representing a major drop from a Harris Poll taken at the end of December which showed 55 percent of those surveyed supporting student debt reform, including elimination while only 46 percent back the concept in the more recent survey.

The Harris pollsters noted the recent news cycle and social media conversations around student debt forgiveness may have had an impact on public opinion.

This survey was conducted online within the United States by the Harris Poll on behalf of Yahoo Finance during February 19-22, 2021, among 1,059 U.S. adults ages 18 and older. This online survey is not based on a probability sample and therefore no estimate of theoretical sampling error can be calculated. Figures for age, sex, race/ethnicity, education, region and household income were weighted where necessary to bring them into line with their actual proportions in the population. Propensity score weighting was used to adjust for respondents’ propensity to be online.

 

Reach Ed Dean at [email protected].

 

Author

Archives

Related Articles

Political News

Op-Ed by David Williams,  President of the Taxpayers Protection Alliance From job cuts to funding freezes, the National Institutes of Health (NIH) has been...

Political News

In 2022, Democrats and the Biden Administration praised the Inflation Reduction Act (IRA) as the single largest investment in climate and energy in American...

Political News

On his way out, former President Joe Biden rejected the criticism that his administration spent too much money that wasn’t needed. In one of...

Political News

Senator Rick Scott released the below statement following the latest Producer Price Index (PPI) release from the Bureau of Labor Statistics (BLS) highlighting the need to...

Advertisement
Florida Daily
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.

HOW WE COLLECT E-MAIL INFORMATION:

If you sign up to subscribe to Florida Daily’s e-mail newsletter, you will provide us your e-mail address and name, voluntarily, and we will never obtain any of your contact information that you don’t voluntarily provide.

HOW WE USE AN E-MAIL ADDRESS IF YOU VOLUNTARILY PROVIDE IT TO US:

If you voluntarily provide us with your name and email address, we will use it to send you one email update per weekday. Your email address will not be given to any third parties.

YOUR CONTROLS:

You will have the option to unsubscribe to our E-mail update at anytime by clicking an unsubscribe link that will be provided in each E-Mail we send.