In March 2019 the U.S. Senate defeated The Bank on Students Emergency Loan Refinancing Act by a vote of 58-38. The act, proposed by Senator Elizabeth Warren (D-MA) would lower the interest rate on existing student loans from 7% to 3.86%. The act would be financed by levying a mandatory income tax of 30% on everyone who earns between $1 Million and $2 Million dollars per year. Proponents argue that current student loan interest rates are nearly double normal interest rates and should be lowered to provide relief for millions of low-income borrowers. Opponents argue that the borrowers agreed to pay the interest rates when they took out the loans and taxing the rich would hurt the economy.
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Response rates from 106k Congressional District 3 voters.
55% 是的 |
45% 不 |
52% 是的 |
40% 不 |
3% 是，而且增加政府资金投入，使得每个大学生都可免费接受教育 |
3% 不，并且将所有当前政府学生贷款转入私人管理的账户 |
2% No, but we should still reduce interest rates for student loans |
Trend of support over time for each answer from 106k Congressional District 3 voters.
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Trend of how important this issue is for 106k Congressional District 3 voters.
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Unique answers from Congressional District 3 voters whose views went beyond the provided options.
@96V7JJD2yrs2Y
Yes. It also prohibits tax avoidance by the wealthy (such as donating to foundations)
