Americans Think Student Loan Forgiveness Will Make Inflation Worse: POLL

(Photo by Drew Angerer/Getty Images)

Daily Caller News Foundation logo
Font Size:

As the Biden administration is expected to reveal whether it intends to extend the moratorium on student loan payments or forgive student loan payments entirely, a new poll by CNBC/Momentive shows that 59% of Americans believe that student loan forgiveness would make inflation worse.

Despite this, only 30% of Americans believed that there should be no student loan forgiveness, according to CNBC. Of adults polled, 32% believed that all holders of student loan debt ought to be forgiven, while 34% believed that only those most in need ought to have their loans forgiven. (RELATED: Federal Loans Helped Elite Grad Students Rack Up $11.2 Billion In Debt — And Many Can’t Pay It Back)

The CNBC poll sampled 5,142 adults nationally, from Aug. 4 to 15. No margin of error was given.

All content created by the Daily Caller News Foundation, an independent and nonpartisan newswire service, is available without charge to any legitimate news publisher that can provide a large audience. All republished articles must include our logo, our reporter’s byline and their DCNF affiliation. For any questions about our guidelines or partnering with us, please contact licensing@dailycallernewsfoundation.org.