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The political case for forgiving student loan debt

Perry Bacon Jr.  |  May 3, 2022

"The policy case for President Biden to forgive college student loan debt is strong,and it’s being made really well by a lot of others. So this column will be about the electoral case. That’s decently strong, too — but with some caveats.

There are three big electoral reasons to forgive student debt: to appeal to younger voters and those with debt, to please the Democratic base, and to give Biden’s presidency momentum.

About 45 million Americans have some college debt — about 17 percent of the adult population. That’s a big number. About 83 percent of Americans who currently have student debt support forgiveness, according to polling from the left-leaning think tank Data for Progress and the Student Borrower Protection Center.

Read the full article on: The Washington Post

 
 
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