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MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
US
A new Harris poll has found that a huge bipartisan majority of students believe that the government should do more to help ease their student loan debt, a worrying sign for the Biden administration as it struggles to fulfil its campaign promise on loan forgiveness under pressure from the Supreme Court.
- Harris Poll CEO John Gerzema: "Biden's popular student loan program was struck down, but the genie is out of the bottle. ... In courting young voters, taking things away is not usually a good campaign strategy."
- Axios notes: “The trends could spell trouble for President Biden as he tries to turn out younger voters.”
- Biden said at his State of the Union Address earlier this month: “When I was told I couldn’t universally just change the way in which we dealt with student loans. I fixed two student loan programs that already existed to reduce the burden of student debt for nearly 4 million Americans, including nurses, firefighters and others in public service.”
Figure 1: Share of US Adults Who Say the Govt Should Have Some Responsibility to Help Pay Student Loans
Source: Axios /Harris Poll
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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