Poll: 76% of Americans Are Against Biden’s Student Loan Bailout Once They Figure Out It Raises Taxes

Well, it’s about time…

I was beginning to wonder whether supporters of student loan forgiveness were actually morons or just gullible and ignorant…

Apparently, libs are feeling a little bit of buyer’s remorse on the whole bailout thing… Why do I feel like “too little, too late” is becoming my mantra?

From The College Fix:

Seventy-six percent of Americans surveyed would oppose Biden’s student loan cancellation if it led to higher taxes or had other negative effects, according to a poll published this month from the libertarian Cato Institute.

The Cato 2022 Student Debt Cancellation National Survey, conducted with YouGov, found “64% of Americans initially expressed support for the federal government forgiving up to $10,000 in federal student loans for people who earn less than $150,000 a year or less than $300,000 per year for married couples,” according to a news release. An August poll from the Economist-YouGov found broad popular support for student loan forgiveness.

“However, support for canceling federal student loan debt plummets when Americans consider its trade‐​offs,” the think tank said in its statement on its survey of over 2,000 Americans.

Sixty-four percent of Americans would oppose “forgiving $10,000 per borrower” if it would raise taxes, according to the poll.

Sixty-eight percent, including fifty-one percent of those still repaying student loans, would oppose the bailout if it “primarily benefited higher income people,” according to the poll.

Additionally, seventy-one percent of Americans, including a majority of current debt holders, would disapprove of the debt cancellation if it “meant more employers would require college degrees even if not needed to do the job,” according to the poll.

“Without considering trade‐​offs, Democrats strongly support (88%) federal student debt cancellation, as do a majority (58%) of independents,” according to the executive summary. “However, Republicans oppose about 2 to 1, with 63% opposed.”

“A majority (56%) of Democrats would continue to support student debt cancellation even if it raised taxes,” the summary continued.  “But Democrats turn against forgiving $10,000 in student debt per borrower if doing so meant colleges would raise their prices (67%) or if it led to credential inflation (64%).”

The number of people that live in this country with little-to-no knowledge of how our government operates is frightening…

People under 35 cut civics class in high school and it shows. Obviously, I’m speaking in a general sense. If you hang out around here, then you know what’s good. The people I come into contact with on a daily basis, however, DO NOT…

College students think the government generates its own money (which drives me absolutely insane).

I took a Federal Government course last semester, and student loan forgiveness inevitably came up for debate. The guy that sat behind me said we should initiate forgiveness and not worry about it too much because “the government can just print more money.”

I’ll let you take a minute to unpack that…

Obviously, he was no economics major…

I hope Dems enjoy retaining their title as the party of the gullible and unaware. Their voters don’t even support their own policies once they take the time to figure out what the hell they are…

Let this serves as a lesson to you: figure out what you’re voting for before you vote for it and stop letting politicians use your emotions as a weapon against you. This seems like common sense, but I guess I need to say it louder for the people in the back.

Your government doesn’t give a flying rip about you or your general well-being. If they did, we wouldn’t have half the problems that we do…

They just want your money. They have nothing without you.