<p>A sizable portion of students who exited their <a href="https://www.dailywire.com/topic/colleges" target="_blank" rel="noopener">university</a> programs would be likely to return if some or all of their student loans are nixed, according to a <a href="https://www.gallup.com/analytics/468986/state-of-higher-education.aspx" target="_blank" rel="noopener">poll</a> from Gallup, a finding which comes as a plan from the <a href="http://dailywire.com/topic/biden-administration" target="_blank" rel="noopener">Biden administration</a> to cancel <a href="https://www.dailywire.com/topic/student-loan-cancellation" target="_blank" rel="noopener">student debt</a> for millions of individuals is examined by the <a href="http://dailywire.com/topic/supreme-court" target="_blank" rel="noopener">Supreme Court</a>.</p>
<p>The policy, which would cancel $10,000 in student loans per borrower earning salaries less than $125,000 as well as $20,000 per borrower who received Pell Grants, was <a href="https://www.dailywire.com/news/shifting-the-burden-to-taxpayers-biden-slammed-with-lawsuit-against-student-loan-power-grab" target="_blank" rel="noopener">enacted</a> via executive order last year. Justices heard arguments in February for two cases against the student loan cancellation policy, <a href="https://www.dailywire.com/news/federal-judge-dismisses-republican-led-challenge-to-biden-student-debt-bailout" target="_blank" rel="noopener">one</a> from six Republican attorneys general and <a href="https://www.dailywire.com/news/shifting-the-burden-to-taxpayers-biden-slammed-with-lawsuit-against-student-loan-power-grab" target="_blank" rel="noopener">another</a> from the Job Creators Network Foundation, and are expected to release a decision next June.</p>
<p>The survey from Gallup and the Lumina Foundation revealed that some 47% of students who “stopped out,” defined as those who are not currently enrolled in degree programs but have some college experience, would be “very likely” to enroll once again if “some or all” of their student loans are canceled. An additional 31% said they were “somewhat likely” to continue their education, while a significantly smaller 22% of students said they were either “not too likely” or “not likely at all” to resume their studies.</p>
<p>Gallup conducted the survey in late October and early November, months after the Biden administration&#8217;s student debt plan was unveiled but well before the Supreme Court heard arguments from opponents of the move.</p>
<p>The average federal student loan balance is $38,000, according to <a href="https://studentaid.gov/data-center/student/portfolio" target="_blank" rel="noopener">data</a> from the Education Department. Students who disenrolled from their degree programs, a phenomenon which accelerated amid the disruptions caused by lockdowns and virtual learning, said on average that 70% of their outstanding loans must be forgiven to justify a return to the classroom.</p>
<p>Nearly two-thirds of individuals who maintain student loan balances were refraining from making payments at the time of the survey due to ongoing pauses for federal student debt repayment, a measure introduced as an emergency pandemic relief measure.</p>
<p>Willingness among disenrolled students to consider resuming their education as a result of student debt cancellation differed in accordance with racial identification: 57% of black respondents were “very likely” to enroll if “some or all” of their loans are nixed, while 49% of Hispanic respondents and 37% of white respondents said the same.</p>
<p>Critics of the student loan policy note that the measure would increase the national debt: the overall cost of the loan cancellation could reach $400 billion, according to an <a href="https://www.cbo.gov/system/files/2022-09/58494-Student-Loans.pdf" target="_blank" rel="noopener">estimate</a> from the Congressional Budget Office. The policy may cause additional distortions in the postsecondary education market as borrowers consider the likelihood of more bailouts, according to an <a href="https://www.dailywire.com/news/bidens-student-loan-cancellation-would-cost-330-billion-and-largely-help-the-wealthy" target="_blank" rel="noopener">analysis</a> from economists at the University of Pennsylvania’s Wharton School, who said that “students might eventually reorganize their financing toward additional borrowing.”</p>
<p><b data-stringify-type="bold"><a class="c-link" href="https://onelink.to/dwapp" target="_blank" rel="noopener noreferrer" data-stringify-link="https://onelink.to/dwapp" data-sk="tooltip_parent" aria-describedby="sk-tooltip-53242">CLICK HERE TO GET THE DAILY WIRE APP</a></b></p>
<p>The lawsuits <a href="https://www.dailywire.com/news/supreme-court-prepares-to-hear-arguments-about-bidens-student-debt-cancellation" target="_blank" rel="noopener">presented</a> before the Supreme Court assert that the policy violates the notice-and-comment processes mandated by the Administrative Procedure Act, which ensures that affected parties can offer comments on federal rules, and contradicts a recent ruling which <a href="https://www.dailywire.com/news/supreme-court-rules-against-bidens-epa-says-agency-does-not-have-authority-to-regulate-carbon-dioxide-emissions" target="_blank" rel="noopener">determined</a> that federal agencies cannot assert “highly consequential power beyond what Congress could reasonably be understood to have granted.” Justices who compose the conservative majority of the Supreme Court expressed <a href="https://www.dailywire.com/news/scotus-conservatives-cool-to-bidens-student-loan-cancellation-plan" target="_blank" rel="noopener">skepticism</a> toward the federal student debt cancellation plan and appeared to indicate that the White House should receive approval from Congress before attempting to implement the policy.</p>

<script async src="https://www.instagram.com/embed.js"></script>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
<script async src="https://www.tiktok.com/embed.js"></script><div data-widget-host="revcontent" data-pub-id="165152" data-widget-id="290588"></div><script src="https://delivery.revcontent.com/165152/290588/widget.js"></script>

Student Debt Cancellation May Cause Some Disenrolled College Students To Return: Poll

CONTINUE READING

Bud Light Sales Continue To Plummet, May Soon Lose Status As Number-One Beer

‘Profoundly Christian’: Former Head Of Anglican Church Presses British Government To Endorse Assisted Suicide

Ben Shapiro Reacts To Debt Limit Deal, Hits Both Democrats And Republicans Over Spending Habits

‘The Chosen’ Defends Pride Flag Spotted On Set: ‘Let The Show Speak For Itself’

Chick-Fil-A Faces Backlash As Their Diversity Efforts Resurface, Other Woke Brands Take Beating

North Korea Sentenced Two-Year-Old To Life In Prison After Family Caught With Bible: State Department

News

Biden Administration

College

Department of Education

Education

Supreme Court

U.S.

A video goes viral showing a baby being refused his mother by two gay "dads". This is just the tip of the iceberg, which is why we will have an important discussion today about surrogacy. 

Hour 1

The Matt Walsh Show

Ep. 1765 - This Video Is One Of The Worst Things I've Seen In A Long Time 

The Strait of Hormuz officially opens for business (kind of), the Pope makes “shocking” comments on immigration, and President Trump promises UFO disclosure at TPUSA. 


The Michael Knowles Show

Ep. 1956 -  Pope Leo's "SHOCKING" Immigration Comments EXPLAINED

A false miscreed has corrupted our leadership class.


The Andrew Klavan Show

Ep. 1275 - Dumb, Dumber and Progressive

President Trump announces a 10-day ceasefire between Lebanon and Israel, a murder-suicide involving former Democratic Lieutenant Governor Justin Fairfax shakes Virginia, and France and Britain hold a conference to secure the Strait of Hormuz – after the Iranian conflict ends. Get the facts first with Morning Wire.

- - -

Ep. 2738

- - -

Wake up with new Morning Wire merch: https://bit.ly/4lIubt3

- - -

Today's Sponsors:

Alliance Defending Freedom - Visit https://JoinADF.com/WIRE or text 'WIRE' to 83848 to learn more.

Pocket Hose - Text MORNING to 64000 to get a FREE pocket pivot and their 10-pattern sprayer with the purchase of ANY size Copper Head hose. Message and data rates may apply.

Morning Wire

U.S. Expands Hormuz Blockade & VA Fairfax Deaths Investigated | 4.17.26

U.S. Expands Hormuz Blockade & VA Fairfax Deaths Investigated | 4.17.26 [Member Exclusive]

A ceasefire goes into effect between Israel and Lebanon, a tragic murder-suicide rocks Virginia, and Dairy Queen deploys AI in the drive-thru. Get the facts first with Evening Wire.
- - -
Ep. 2737
- - -
Wake up with new Morning Wire merch: https://bit.ly/4lIubt3 
- - -
Today’s Sponsor:

Alliance Defending Freedom - Visit https://JoinADF.com/WIRE or text “WIRE” to 83848 to learn more.


Evening Wire: Lebanon Ceasefire Begins & Murder-Suicide Rocks VA | 4.16.26

The Pendragon Cycle

Menu

— News —

Student Debt Cancellation May Cause Some Disenrolled College Students To Return: Poll