Biden’s loan forgiveness faces low approval

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President Joe Biden's student loan forgiveness program has a low approval rating among adults.

Four of 10 say they disapprove. Combine that with the rest of those respondents saying they are either neutral or don’t know enough to say, and it is clear this move by Biden has failed.First and foremost, the initiative was struck down by the Supreme Court in June 2023. The court ruled by a vote of 6-3 that the program doesn’t comply with federal law. Chief Justice John Roberts opined that the decision was nothing more than a simple interpretation.

The initiative has been one of his campaign’s many talking points. Ask any Biden supporter to list his accomplishments, and you’ll hear about how caring he is for “canceling” student loans. What is reflected by this polling data is that there’s no such thing as simply “canceling” debt. Those loans don’t just magically disappear. Their cost gets transferred to and incurred by the taxpayer. And people rightfully have a problem with that.Secondly, even those who benefit from the program do not overwhelmingly support it. Those responsible for unpaid student loan debt, either for themselves or a family member, responded with just 36% approving and 34% disapproving.

What was an attempt to galvanize support among disenfranchised voters has ironically ended with many further questioning the Biden administration’s motives.

 

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