Americans support student loan forgiveness, but would rather rein in college costs

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Americans support student loan forgiveness, but would rather rein in college costs
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A new NPR/IpsosNewsPolls finds majority support for forgiving $10,000 in federal student loan debt, but even broader support for making college affordable for future students.

to be Biden's likeliest path: forgiving up to $10,000 per person. But an overwhelming majority – including a majority of those with student loans – said the government should prioritize making college more affordable over forgiving existing student loans.

Eighty-four percent of borrowers supported $10,000 of relief, 78% backed a jump to $50,000 and still two-thirds supported forgiving all student loan debt. Sixty-five percent of all respondents agreed: If the government forgives some student loan debt, it should be for any type of education, whether that's undergraduate or graduate.Erasing old debts vs. fixing the system

"If I had to pick one for me, today: Forgive student loans," says Briana Ford, 27, of Columbia, S.C. She has roughly $50,000 in student loan debts from college and is now earning a graduate degree. ... just forgiving student loans without addressing the problem is like draining a tub without turning off the faucet.

Morgan feels differently. She says she made a few loan payments after graduating, but"after like the second or third payment, I was like, 'This is ridiculous. Why am I making payments?'"

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