A new Newsweek poll shows most Americans approve of President Joe Biden’s plans to reduce or remove student loan debt.
Biden’s Student loan debt plan, which is before the Supreme Court, is the fruition of campaign promises that would cancel $10,000 in federal student loans for qualifying borrowers and $20,000 for Pell Grant recipients.
Student debt relief is available to individual borrowers earning less than $125,000 a year or couples or heads of households earning less than $250,000.
The plan is receiving significant pushback from Republicans, with several Republican-led states hauling the program before the courts, with the Supreme Court expected to make a ruling before June.
However, a Newsweek poll conducted on March 7 and 8 by Redfield and Wilton Strategies shows that Biden’s student debt relief is popular among American voters.
The poll of 1,500 eligible voters showed only 18 percent opposed the student loan debt forgiveness, while 16 percent expressed neither support nor opposition to the plan.
The overwhelming majority (62 percent) support the plan to wipe away student debt.
Support increased among younger participants, with 82 percent of those aged 25 to 34 backing the program.
Support dropped to 54 percent among participants aged 55 to 64 and 45 percent among participants over 65.
Those who voted for Biden in the last election were more likely to support the plan, with 80 percent supporting the administration’s student loan forgiveness. That figure dropped among Trump voters, with only 50 percent sharing support for the plan.
