Biden Student Loan Plan Backfire: Most Call It A Political Move And Unfair — I&I/TIPP Poll

Another political miscalculation by Team Biden.

, and Terry Jones

September 19, 2022 . 6:17 AM

6 min read

President Joe Biden announced that most U.S. university graduates still trying to pay off student loans will get $10,000 of relief to address a decades-old headache of massive educational debt across the country. Photo by OLIVIER DOULIERY/AFP via Getty Images.

No doubt, President Joe Biden and his advisers believed student-loan forgiveness would be a big winner in the upcoming midterm elections. If so, it was a political miscalculation, with most Americans rejecting the idea as unfair and a political stunt, the latest I&I/TIPP Poll shows.

Under Biden's plan, unveiled in late August, he will cancel up to $20,000 in student debt for those who had have Pell Grants and up to $10,000 in debt for those earn less than $125,000 per year, $250,000 for married couples.