Latest News, Local News, International News, US Politics, Economy

Student Loan: The Democratic Strategy For 2024 Election

President Joe Biden and his fellow Democrats made it plain they intended to make the issue resound throughout the upcoming electoral season not long after the Supreme Court rejected White House plans to cancel the student loan.

The timing of both campaigns—the battle to reduce student loan debt kicks off next week with a hearing on Joe Biden’s Plan B for loan forgiveness—could work in the party’s advantage.

Student Loan As A Campaign Priority

There will be a final deadline for those who have federal student loans to start making payments shortly around election day in 2024. 

The legal battle surrounding Biden’s fallback attempt at loan forgiveness is also likely to drag on throughout the upcoming election season.

The party experienced historically high midterm results thanks to the voter response that followed the Supreme Court’s decision in Dobbs v. Jackson Women’s Health Organization to eliminate the Constitutional right to an abortion.

For starters, Biden’s 2020 campaign promise of student loan relief has yet to be fulfilled, and Supreme Court justices themselves are obviously not up for election.

Rahman and other Democrats claim to be upbeat about the role that student loans (and abortion) can play for them, but others are not so sure that it will be such a cut-and-dry issue.

Read more: Unexpected Income’s Impact: Stimulus Checks, Student Loans, And The Economy

Americans’ Views On Student Debt Revealed

Student-loan-the-democratic-strategy-for-2024-election
President Joe Biden and his fellow Democrats made it plain they intended to make the issue resound throughout the upcoming electoral season not long after the Supreme Court rejected White House plans to cancel the student loan.

The people in the United States tend to support forgiveness but not by wide percentages in the surveys that have been conducted on the subject. 

According to a Reuters/Ipsos poll conducted in April, 47% of Americans approved Biden’s now-defunct proposal to cancel up to $20,000 in federal student loan debt. However, another 41% were against.

Republicans have also applauded the ruling of the high court, pointing out that the 87% of Americans who do not have student loan debt may be less amenable to a spotlight on the issue during the election season.

Read more: Advantage Student Loans: What You Must Know

Leave A Reply

Your email address will not be published.