Arizona’s Senior Voters Disapprove of Biden’s Student Loan Forgiveness Plan More than Younger Voters

What do Arizona voters think of President Joe Biden’s student loan forgiveness plan?

The answer depends on how old they are, according to OH Predictive Insights’ (OHPI) latest Arizona Public Opinion Pulse (AZPOP).

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GOP Governors to Biden: Student Loan Plan Will Be Costly for American Taxpayers

President Joe Biden’s student loan forgiveness plan will be costly for American taxpayers, a coalition of GOP governors said in a letter sent Monday to the White House.

The letter, signed by 22 GOP governors, tells Biden to “withdraw” the plan, citing cost estimates of up to $600 billion, or $2,000 per American taxpayer.

“As governors, we support making higher education more affordable and accessible for students in our states, but we fundamentally oppose your plan to force American taxpayers to pay off the student loan debt of an elite few,” the coalition wrote.

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Biden’s Student Loan Forgiveness to Raise Tuition for Future Generations

Critics are taking Biden’s student loan forgiveness initiative to task because they believe it will only raise tuition in the future.

The Education Data Initiative reports that as of January 2022, in-state tuition and fees for a public 4-year university in Michigan climbed 3.31% in the last year. The cost for out-of-state tuition and fees climbed 2.76% during the same timeframe. The cost for room and board jumped a combined 10.59% in the last year.

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Commentary: The Reason College Prices Have Spiraled

With the Biden administration’s announcement this week that it would continue the moratorium on student loan payments through the beginning of next year and will forgive up to $20,000 in student loan debt per student, student loan forgiveness is at the top of the current political agenda. Meanwhile, there’s little talk about bringing the cost of college under control, or why the cost of college became so outrageous in the first place. 

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Arizona Legislators Bash Biden over Student Loan Forgiveness

Following President Joe Biden’s recent announcement that his administration would forgive federal student loan debt, Arizona’s legislators quickly bashed the policy, including Rep. Paul Gosar (R-AZ-04), who called the action favoritism.

“You may ask, rightly, why you should pay your mortgage, rent or car payments? If some people get student loans written off, why can’t your mortgage or car loan be written off? I will not tolerate such inconsistent blatant favoritism. Either we all pay our debts or none do,” Gosar said. “There is no constitutional basis for any of these actions. The problem is not student loans. The problem is exorbitant college costs and useless college degrees.”

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‘Many Latinos Are Not Celebrating Student Loan Forgiveness’, Says Libre Initiative

President Joe Biden announced plans on Wednesday to forgive $10,000 of student debt or up to $20,000 for those with Pell Grant for millions of Americans, with some projections estimating the government’s cost at about half a trillion dollars–but for Daniel Garza, president of the LIBRE Initiative, one of the nation’s largest Hispanic organizations, the move does not “address the root problem of rising college tuition prices.”

In fact, in a recent statement published by the LIBRE Initiative, the group said that, “many Latinos are not celebrating student loan forgiveness.”

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Biden Set to Unveil Massive Student Loan Forgiveness: Report

President Joe Biden is planning to forgive $10,000 of student loan debt per borrower, according to a Friday report from The Washington Post.

Biden intended to announce the new student debt forgiveness plan at the University of Delaware’s graduation ceremony Saturday but postponed the decision after a school shooting in Uvalde, Texas on Tuesday, unnamed sources familiar with the issue told The Washington Post. The newest debt forgiveness plan would apply to Americans who in the year prior made under $150,000 and to married Americans who made under $300,000 in joint filings.

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