the staff of the Ridgewood blog
Ridgewood Nj, one of President Joe Biden’s most memorable campaign promises was his pledge to address the student debt crisis. And, in recent days, he seems to be inching closer to a deal that would forgive up to $10,000 in student debt per borrower, with a few exceptions.
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In a survey of 1,000 student loan borrowers who have taken on debt since Biden won the 2020 election how much his promise to forgive some amount of student loans affected their decision to take on debt or even go to college in the first place.
The results:
- An overwhelming 86% say Biden’s pledge affected their decision to take on student loan debt
- Close to 1 in 3 say they are unlikely to continue school if Biden does not follow through with his pledge
- The majority remain confident that the president will forgive at least some amount of student loan debt
- Nearly 1 in 3 Democratic borrowers unlikely to vote for Biden in the next election without some loan forgiveness
What about those of us who worked hard to pay off our debts?
Are we getting a rebate?
Or only deadbeats get a pass?
86% of Borrowers are IDIOTS