President Biden is reportedly taking action to forgive $10,000 of student loan debt for borrowers!
Here are the fast facts:
- Among today's college graduates, 65% will graduate with student debt.
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3.3 million student loan borrowers under the age of 40 are behind on their student loan payments.
- Student loan debt in the U.S. totals $1.762 trillion dollars
Biden's plan could help millions of graduates in debt and have positive economic effects according to some experts – but this decision could be controversial, so we want to hear what Democrats in your area think:
The average cost of college has more than doubled over the past 20 years, averaging a total of $35,331 each year.
With rising tuition and living costs, this number will likely increase – students will be forced to take out more loans and ultimately dig themselves into debt just to continue their education.
So we're asking you to respond today, to let us know where you stand on Biden's action on student loan forgiveness. With your response, we'll be able to get a good picture of whether Democrats in your area support Biden's potential plan to forgive $10,000 of student loan debt. Click here to submit your response >>
Thanks for your input!
Team DLCC
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