Dear America... about all that student loan debt we were going to forgive. Yeah, that's not a thing anymore. What Trump’s win could mean for student loan forgiveness https://www.cnbc.com/2024/11/07/student-loan-forgiveness-trump-win.html
Most student loan borrowers are either Republican or Independents with 45 million federal borrowers, and 10–15 million private student loan borrowers and cosigners (2014 statistics). When I was in college long before 2014, more of my Republican buddies were a student loan borrower than my buddies who were Democrat...the same was more striking tilted to Republicans in graduate school. More so was true of the crew on my university rowing team who had not earned an athletic or academic scholarship.The same was not true for friends who were international students from other countries...they tended to be Democrats. wrbtrader
This chart does not outline that many more Democratic affiliated college students attend expensive private elite schools which have much higher costs --- and are more likely to have larger student loans. Republican affiliated college students are more likely to attend public universities. Think of the average student at Iowa State for instance. These universities have much lower costs (in-state) and the students are less likely to have larger student loans. It is also interesting that this chart leaves out the 40% of college students who have no party affiliation --- and either only care about passing their classes and/or partying. IMO -- the new government mandate for repayments of student loans will hurt Democratic-leaning borrowers much more than Republican.
The HBCUs are graduating students with IQs in the 90s, and a disproportionate number of them don't end up holding jobs where they can repay student loans. This is why the NAACP lobbied Biden for forgiveness. It's a scandal that is unmentionable because of wokeness and political correctness.