Student Debt Cancellation Policy - Political Parties and Stances

Both the Democratic, and the Republican platforms acknowledge the severity of the student debt. In August of 2022, President Biden signed an executive order to forgive student debt. A poll conducted in September 2022 by Economist/YouGov found that 80% of Democrats supported President Biden’s college debt cancellation while 72% of Republicans opposed it.

Additionally, when asked specifically about Elizabeth Warren’s student debt cancellation plan, 70% of Democrats and 36% of Republicans reported that they would support canceling up to $50,000 of debt for those whose household incomes total less than $100,000. Furthermore, her proposal to partially cancel the debt of those with household incomes between $100,000 and $250,000 has earned support from 52% of Democrats and 34% of Republicans.

Student Debt Cancellation News

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