Processing Your Payment

Please do not leave this page until complete. This can take a few moments.

Poll results

Quinsigamond Community College announced in June it would eliminate student debt for those who matriculated during the coronavirus, using funding from the Federal Higher Education Emergency Relief Fund. The school said at the time it plans to utilize more than $2.5 million to assist 1,687 students, with the average debt forgiveness totaling $1,525 per student. On the national level, President Joe Biden has been asked to cancel federal student loan debt for everyone, up to $50,000.

In what way would federal student debt relief most impact the economy?
Consumers would have more disposable income. (22%, 42 VOTES)
Entrepreneurs could start and invest in businesses. (4%, 8 VOTES)
Disadvantaged communities would be relieved of excessive debt. (9%, 17 VOTES)
The negative impact on the federal budget would be bad for the economy. (32%, 62 VOTES)
Colleges would be less inclined to curtail rising costs. (28%, 53 VOTES)
State governments would decrease taxpayer support to keep tuition costs in check. (5%, 9 VOTES)
Poll Description

Quinsigamond Community College announced in June it would eliminate student debt for those who matriculated during the coronavirus, using funding from the Federal Higher Education Emergency Relief Fund. The school said at the time it plans to utilize more than $2.5 million to assist 1,687 students, with the average debt forgiveness totaling $1,525 per student. On the national level, President Joe Biden has been asked to cancel federal student loan debt for everyone, up to $50,000.

  • 191 Votes
  • 4 Comments
View recent polls

Sign up for Enews

4 Comments

  • Thomas O'Malley
    July 27, 2021

    I feel some loans should be forgiven, but some should not. For example, if a husband and wife are still paying monthly payments on loans after 10, 15, or even 20 years, and their children are now entering college, the parents loans should be forgiven.

  • July 6, 2021
    I'm in favor of student loan forgiveness for the amount of tuition for state schools attended by in-state students (during their in-state residence) only. They should be responsible for fees to the school and interest accrued on current loans, but not penalties to the loan institution. Students who can afford private and out of state education should be excluded from this program. These same considerations should be available to students of accredited "vocational" institutions. We need trained tradesmen, technicians, truck drivers, and other similar workers. All of these educated and trained workers will more than offset their expense with collected taxes.
  • July 6, 2021
    Whether to attend college - and decide the risk/reward is worth assuming the expense of - is a personal decision. The consumer has 'purchased' a product (made an investment) that should deliver advantages to them for their entire life; and it is a product that can not be returned. Forgiving those payments at the expense of the taxpayers - many of which have decided not to attend college; could probably could come up with a better use of that money; did not receive the advantages of a higher education; did not assume that debt; but are now expected to pay for everyone else's education - is extremely unfair. Where does it end? Let's debate if it would be better-spent tax dollars to refund an entrepreneurs investment in their business; pay off some car loans; make people 'whole' by paying down their home mortgage; pay down the national debt which would help everyone; or help me recoup all the losing investments I have made throughout my life... Please stop the nanny state thinking that everyone needs bailing out for poor decisions and help people make better decisions. Let's spend more on first responders, public education, veterans and those truly facing physical and mental challenges. (I have surely left out others more deserving than those that have received a college education - even one that they may now regret.)
  • July 6, 2021
    Once the precedent is set, there’s no going back. What about those who continue to pay their student loans during personal hardship? What happens with them? Pandora’s box, slippery slope, whatever you want to call it, there’s absolutely no fairness to the idea whatsoever. Extend their timeline or take a year or two of payments and put it to the back of the loan. Work the problem and find solutions, not fold and wave the white flag!