Biden is expected to make announcement on student loan relief on Wednesday

Contributing sentiments towards policy:

78% : The pause on student loan repayment began under the Trump administration at the onset of the pandemic, and Mr. Biden has paused student loan repayments a total of four times since he took office.
56% : A Penn Wharton Budget Model analysis concludes forgiving $10,000 of student loan debt for those earning up to $125,000 a year would cost nearly $300 billion in the first year.
52% : Canceling $10,000 in student loan debt for borrowers who make up to $125,000 is one of the possibilities, one source familiar with the discussions said.
50% : It's also possible the administration may merely extend the pause on student loan payments again for now and wait to make an announcement on canceling any student loan debt.
45% : Erasing some student loan debt also would not address the rising cost of college, which has historically outpaced inflation in recent decades.
39% :Low-income Americans who never attended college and are struggling financially amid record-high inflation would not benefit from any debt cancelation, critics of student debt cancellation point out.

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