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2024-06-19 20:35:21

Turn to 10 on Nostr: Fact Check Team: 29% of borrowers say student loan debt will impact their vote ...

Fact Check Team: 29% of borrowers say student loan debt will impact their vote
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29% of borrowers say student loan debt will have a major influence on their vote. 46% of borrowers call student loan debt a national crisis. Around 43 million Americans owe more than $1.6 trillion in student loan debt. Most borrowers owe between $20,000-$40,000. President Joe Biden and former President Donald Trump may have to make student loan debt a key part of their platform while campaigning for the White House. Trump paused student loan interest and payments during the COVID-19 pandemic. Biden extended the pause until late last year. Biden wanted to provide an estimated $400 billion in relief for borrowers, but the Supreme Court blocked his efforts. The Biden Administration has forgiven $167 billion for 4.75 million Americans. 36% of Americans with student loan debt approve of the president's handling of student loan debt, while 34% disapprove. Trump opposes canceling student loan debt and has proposed eliminating subsidized Stafford loans and public service loan forgiveness. Nearly one in 5 American adults say student loan debt will have a major influence over their vote in the upcoming 2024 presidential election. One in four borrowers are having trouble affording their monthly payments on their federal student loans and don't expect to ever be able to pay off their student loan debt.

#StudentLoanDebt #Voting #2024Election #JoeBiden #DonaldTrump

https://thenationaldesk.com/news/fact-check-team/29-percent-borrowers-say-student-loan-debt-will-impact-their-vote-2024-election-college-education-payments-trump-biden-money-inflation-economy
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