A new poll from Yahoo Finance/Harris find the majority of Americans oppose forgiving student loans according.
This comes as Democrats including the progressive members of “the squad,” Chuck Schumer, and Elizabeth Warren push the Biden administration to forgive up to $50k in student debt.
54% who responded to the Feb 19-22nd poll oppose forgiving student loand, while only 46% supported it.
Jason Delisle with the American Enterprise Institute said “it’s basically an off-the-rack policy to give money to upper-middle class, highly educated people and not others.”
He added “I don’t think it’s a good policy because I don’t think that’s a group of people that we should be providing aid to, necessarily, at the expense of others.”