Student Borrower Protection Center and Data for Progress released the following poll as the first in a series of tracking polls exploring the impact of student debt on American families. The new poll reveals that 69 percent of likely voters support President Biden’s continued pause on student loan payments, including majorities of Democrats, Republicans, and Independents. The current pause on student loan payments, last extended by President Biden in December 2021, is slated to expire on May 1, 2022. Among respondents with student debt, 65 percent expect to make “major changes to saving or spending” if payments resume. Nearly 4-in-10 borrowers are “not confident at all” in their ability to manage a student loan payment, while just 1-in-5 borrowers are “very confident.” These results underscore the need for the Biden Administration to delay the planned restart of federal student loan payments until the end of the COVID-19 pandemic.
Read the Poll: https://www.filesforprogress.org/datasets/2022/2/dfp-sbpc-student-debt-feb6-tabs.pdf
Read the Press Release: New Poll: As Inflation Soars, Large Bipartisan Majority Supports President Biden’s Pause on Student Loan Payments