33% Say Government Should Forgive Student Loans After A Certain Period of Time
President Obama recently announced that he will use his executive power to expand debt relief programs for those with student loans, including loan forgiveness after 10 or 20 years in the workforce. Americans are only slightly more supportive of forgiving loans after a given period of time than they are of forgiving all student loans, and most say lowering tuition costs would do more for college students than making loans easier to access.
A new Rasmussen Reports national telephone survey finds that 21% of American Adults think the federal government should forgive all student loans. This finding is unchanged in surveys going to back to 2011. Sixty-seven percent (67%) of adults think the federal government should not forgive all students loans, also in line with findings from 2011. Eleven percent (11%) are not sure. (To see survey question wording, click here).
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The survey of 1,000 Adults was conducted on June 23-24, 2014 by Rasmussen Reports. The margin of sampling error is +/- 3 percentage points with a 95% level of confidence. Field work for all Rasmussen Reports surveys is conducted by Pulse Opinion Research, LLC. See methodology.