Search This Blog

Friday, June 21, 2024

Student Debt

In Defying the Odds, we talk about the social and economic divides that enabled Trump to enter the White House. In Divided We Stand, we discuss how these divides played out in 2020.  The Democratic Party is a coalition of minorities and college-educated whites.  They have problems with rural and white working-class voters.  The latter do not always favor student debt forgiveness.

Ayelet Sheffey at Business Insider:
Former President Donald Trump is making sure voters know how he feels about student-loan forgiveness.

During a Tuesday campaign rally in Wisconsin, Trump delivered a more than an hourlong speech on topics including immigration, national security, and the economy.

He also used that time to criticize President Joe Biden's efforts to enact student-loan forgiveness for millions of Americans.

"He's throwing money out the window," Trump said.

"This student-loan program, which is not even legal, I mean it's not even legal, and the students aren't buying it, by the way," he added. "His polls are down. I'm leading in young people by numbers that nobody's ever seen before."

A Harvard Youth Poll conducted in March found that among people 18 to 29, Biden was leading Trump at 45% compared with 37%. That was still a reduction from Biden's youth support in the poll in 2020.

Colin Binkley and Linley Sanders at AP:
As he campaigns for reelection, President Joe Biden frequently touts his work on student debt, pointing to the millions of people who received cancellation under his watch. Yet relatively few Americans say they’re fans of his work on the issue, even among those who have student loans.

Three in 10 U.S. adults say they approve of how Biden has handled the issue of student loan debt, while 4 in 10 disapprove, according to a new poll from the University of Chicago Harris School of Public Policy and The Associated Press-NORC Center for Public Affairs Research. The others are neutral or don’t know enough to say.

The outlook wasn’t much better for the Democratic president among those responsible for unpaid student loan debt, either for themselves or for a family member.