Nearly 1.4 million Texans could be impacted by U.S. Supreme Court decision blocking student loan forgiveness

Contributing sentiments towards policy:

56% : Its backers say student debt is holding back graduates from economic mobility and discouraging potential students from pursuing levels of education that could improve their financial prospects.
53% :Data from the office of Federal Student Aid shows that as of March, Texas has 3.8 million residents with student loan debt totaling $127.3 billion.
51% : In 2021, 56% of students who graduated from four-year public universities in Texas had approximately $25,000 in student debt, according to the Texas Higher Education Coordinating Board.
47% : Those who took out loans but did not qualify for those federal grants would have $10,000 eliminated from their student loan debt.
44% :"The HEROES Act allows the Secretary to 'waive or modify' existing statutory or regulatory provisions applicable to financial assistance programs under the Education Act, but does not allow the Secretary to rewrite that statute to the extent of canceling $430 billion of student loan principal," Chief Justice John Roberts wrote in the majority opinion.
44% : Biden's decision to forgive more money for low-income students who qualified for federal Pell Grants would have especially impacted low-income borrowers and people of color, who are more likely to qualify for federal financial aid and carry higher amounts of student loan debt.
33% : Under Biden's plan, individuals earning $125,000 or less annually would see $20,000 in student loan debt erased if they received a federal Pell Grant to help pay for college.
31% : Former President Donald Trump initially paused student debt payments at the start of the COVID-19 pandemic, and Trump and Biden have since extended the pause nine times.
18% : It is a major blow for Biden, who promised during his presidential campaign that if elected he would address student debt.

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