Most Black voters support eliminating student loan debt, new survey finds

[WhiskeyGrinder]

https://www.nbcnews.com/news/nbcblk/most-black-voters-support-eliminating-student-loan-debt-new-survey-n1258030

Black voters want student loan debt eliminated altogether. And without substantive action, a sizable chunk of Black voters may consider stay home during the next election, according to a new survey.

According to a national poll shared exclusively with NBC News, 67 percent of registered Black voters strongly support eliminating student loan debt. Overall, 84 percent support a full or partial elimination of student loan debt in the poll by the Global Strategy Group for Color of Change, a national civil rights advocacy organization. Fifty-six percent of Black voters have taken on debt to pay for higher education.

The racial disparity in student loan debt remains prevalent for Black people, based on research released in November 2019 by the Federal Reserve Bank of New York. The researchers found that people in Black-majority neighborhoods were more likely to pay for college through borrowing, with 23 percent of Black residents taking out student loans. However, that figure drops to 17 percent among people in Latino-majority neighborhoods and 14 percent in white-majority areas.

“Black voters who were responsible for delivering not only a majority in the Senate, but [also] a Biden-Harris administration … overwhelmingly want to see sweeping reform in terms of student loan elimination,” said Arisha Hatch, vice president and chief of campaigns at Color Of Change.

[still_one]

1. In the townhall President Biden made it clear that wasn't how he would address the issue

He would support up to 10K of forgiveness, and push for 0% interest on those loans, along with somehow incorporating some type of volunteer service to be used as a way to pay down those loans.

In addition, he would push for free community and state colleges

As for anyone who would consider sitting out on the next election, thinking that is the way to change things, that implies they have learned very little from the last four years.

It isn't just the President that would make "loan forgiveness" possible, but also it would require Congress, and even if there wasn't a filibuster involved, it is doubtful that all Democrats would be for complete loan forgiveness, so it seems they are setting themselves up for disappointment

[WhiskeyGrinder]

3. "You crying about these crumbs? I'll give you something to cry about!"

Believe me, people know that sitting out an election is not "the way" to change things. What it means is that they're tired of having footballs pulled away from them after they put in the hard work.

[still_one]

4. Don't make this personal about ME. "I'll give you something to cry about". I am just stating

what I observe to be the situation

There is a very real question whether the President can forgive student debt without Congress, where the purview of commerce, spending and taxing powers falls under.

[WhiskeyGrinder]

5. "I am just stating what I observe to be the situation"

Yes, and I was telling you how it sounded. I suppose that might make it feel personal, making an observation on your observation.

There is a very real question whether the President can forgive student debt without Congress, where the purview of commerce, spending and taxing powers falls under.

There is a very real answer: He can order the secretary of education to modify federal student loans to zero, which the SoE has the right to do under the Higher Education Act of 1965. Bam.

[Peacetrain]

6. Well that will blow it up all to pieces.. for people after us to go to school..

not an operable idea. There is more school debt than credit card debt, because people went to school and graduate school post great recession to keep going. Biden cannot just wipe it all out.. that is la la land. and yes I am being snarky. My own son went through this. What he (Biden) can do, is lower some of the debt.. give people a break if they are out of work,delay repaying until a person is back to work for 6 months and starting to rebuild their financial health.. but this idea that anyone is going to wipe out 50,000 plus in school debt is just not going to happen. We are in a GD crisis right now, and we have to get things done to keep people afloat and alive.

We have got to get jobs back up and running.. people need community college to get certified to enter fields that now demand it. Now that everyone wants a person to have a piece of paper before they get real life experience.. means we need to let people go to community college for free if they are eligible.. (children of the wealthy do not need to have free access, they can pay.. )

Now think this one out, if you are eligible for that and you are shooting for a four year degree you could get your first two years free at a community college and move on out from there.

There is a world of good ideas out there for extended education.. and a compete wipe out of all debt that would then hamstring everyone who is going to need loans in the future..

[WhiskeyGrinder]

7. "We are in a GD crisis right now, and we have to get things done to keep people afloat and alive."

Wiping out student debt would directly address the crisis by helping keep people afloat and alive.

[Peacetrain]

9. Oh for the love of God..

Let me try it this way.. as I said, my son has gone through this.. lets say, we wipe out all his debt and everyone in his generations debt..no need to pay it back.. whew.. now lets say you have just graduated high-school..and like our family you cannot pay full tuition.. you need a place to start.. well try getting a student loan if all loans that were taken out previously are given a by.


Again there is a world of wonderful ideas out there.. including how to help those under the burden of the debt they have already collected..

if a person is out of work by no fault of their own or illness.. payments stop.. no more nada.. until say my son can find a job and has it for six months to reestablish himself.. make it a year.. but we can't give everyone who have the debt a full by and kneecap everyone else that comes next.

[WhiskeyGrinder]

10. "including how to help those under the burden of the debt they have already collected.. "

What are some of those wonderful ideas?

[Peacetrain]

11. Re read my posts..

I laid out a few there..

[WhiskeyGrinder]

12. The only suggestion I see in your posts about how to help people who have student debt now is

what he (Biden) can do, is lower some of the debt..

Right but why not all?

give people a break if they are out of work,delay repaying until a person is back to work for 6 months and starting to rebuild their financial health..

This is already a policy and people are still strangled by loans. Nibbling around the edges isn't going to solve anything.

[BeerBarrelPolka]

2. Man.....

I'm going with "no comment" at this point.

[USALiberal]

8. Me too! Nt

[WhiskeyGrinder]

13. Afternoon kick.

[Guy Whitey Corngood]

14. K&R! nt

[marble falls]

15. This geezer agrees: we do not need to be burdenng these kids with a mortgage. Their education ...

... helps the rest of us for Pete's sake.

How about free college for all HS graduate AA students for the next 50 years in lieu of reparations?