Do you agree with President Biden’s decision to forgive some federal student loans?

👍 Yes (43%) – "The cost of tuition for state schools was set up to be affordable, but the federal government has failed to limit the rates to an affordable amount. Most borrower's will still have some debt to repay. Many borrowers who will not have any left to pay would never have paid it anyway and this will help them have a better credit rating and be better contributors to society. If a person qualified for pell grants, they did not have the family money to help pay for college and I see this as a more realistic amount of repayment expectations. Just consider the loan forgiveness as more grant money."

• "Forgiving student loan would dramatically help thousands. With the opt out option, if it's not the best option for you, you literally don't have to do it. This would increase my husband's monthly disposable income and allow us to save more for a downpayment on a house; something that feels more and more impossible every single day despite both of us having multiple jobs."

"In my generation, going to a 4-year university was touted as the ONLY option to get a good job. I feel like as a first generation college student, I was bamboozled into going to college even though I had no idea what I wanted to do with my life. I spend the first 2 years just figuring that out - what a waste of money. As an 18 year old, I listened to what I was told to do. Here I am 15 years later and still haven't put a dent in my principal. I don't have an issue with paying it back, buy why can't student loan interest be 0%?"

👎 No (44%) – "It isn’t forgiveness, it’s debt redistribution and refinancing. People will be paying more for years longer with blanket “forgiveness” than if they had just paid off their own debt at their own pace. Those in favor of this don’t seem to realize those dollars are still coming from somewhere (hint: it’s your paycheck). Instead of just paying for your own loans if you had any, you’re now going to be paying for everyone else’s."

• "No, because it's not just. People took these loans knowingly. We are not guaranteed a right to live on a college campus for four years. Many people commuted to school to avoid such loans. Others chose community college. The people who took these massive loans did so of their own free volition. It’s not society’s responsibility to bail them out."

"Coming from a low income family the only real option I had was to enter the work force right out of high school. To help take care of myself and my family that’s what I did. I didn’t want to burden myself further with debt and my family could take on those burdens for me either. Had I known that it would all be forgiven later on in life I would’ve. It’s completely unfair for all of us who didn’t make that decision."

🤷‍♀️ Unsure/other (13%) – "I think the income limits should be lower for forgiveness."

• "It's a slap in the face for those who saved and already paid off their loans, but at the same time, a lot of 17- and 18-year-olds were told that college is the only way to a good future even when that may have been false."