With rumors swirling that President Biden is considering a fourth student loan payment pause, Student Borrower Protection Center and Data for Progress released this tracking poll demonstrating widespread public support for federal action to protect people with student debt.
The poll reveals that two-thirds of likely voters support the current pause on student loan payments, last extended by President Biden in December 2021. Similarly, about 6-in-10 likely voters support an additional extension of the pause on student loan payments, including a majority of likely voters who do not have student loans. Among respondents with student debt, a majority expect to make “major changes to saving or spending” if student loan payments resume. In contrast, just 1-in-5 likely voters with student debt are “very confident” in their ability to resume making payments in May. These results underscore that extending the payment pause will offer tens of millions of families badly needed relief as the cost of basic necessities continues to skyrocket. Without action by President Biden, the current pause on student loan payments is slated to expire on May 1, 2022.
Read the Poll: https://www.filesforprogress.org/datasets/2022/3/dfp_22_3_SBPC_tabs.pdf
Read the Press Release: New Poll: Time for Action – Large Majority Backs Pause on Student Loan Payments