Survey by D.A. Davidson Found 40% of Student Loan Borrowers Wanted Longer Forbearance
Davidson Companies announced today results from a survey on student loan debt, which revealed that an overwhelming majority of the public (81%) believes America has a student debt problem.
- Davidson Companies announced today results from a survey on student loan debt, which revealed that an overwhelming majority of the public (81%) believes America has a student debt problem.
- While the Biden Administration announced last month the extension of student loan relief until January 2022, 40% of survey respondents who currently have student loan debt believe the administration should have extended the forbearance for a longer period, beyond January 2022.
- That said, one in five total respondents were not in favor of the administrations decision to extend student loan relief until January.
- Gender played a consistent role in determining ones ability to pay off student loans over the past year and a half (i.e., during the period of student loan forbearance).