GRAMBLING, LA. (KTVE / KARD) – Several news agencies, including the Associated Press, are projecting Joe Biden as the winner of this year’s presidential election.
Local students said that although the announcement has been extended, they are already considering how the results will work in their favor.
As many of us know, student loan debt is now the largest form of consumption bestowed by Americans. During his campaign for president-elect, Joe Biden proposed to eliminate this debt for those who wish to continue their education.
“It was a bit of chaos, but I think the best won, that’s my honest opinion,” said Demond Porter, a student at Grambling State University.
Porter said as he neared graduation, student loans were at the forefront of his mind.
“Mainly because the bills are piling up,” Porter said.
During Biden’s campaign, the president-elect spoke about his clear student loan plan. He said that if elected he would make several changes to student loan repayment, student loan cancellation and the cost of education. Porter said this was one of the reasons he, like many other students, supported Biden.
“It would really help tremendously, especially me being a junior and preparing to graduate next year,” Porter said.
As a candidate, Biden offered to write off up to $ 10,000 in federal student loans for each borrower. Porter said he hopes Biden will keep that promise.
“This act can really help me tremendously and that’s a good thing and I really think it pushed him to win this presidency,” Porter said.
Porter also said that with the way the coronavirus has hit the economy, he and his classmates fear they could find jobs in their fields. He said that with Biden’s student loan cancellation plan, it would at least give them some relief after graduation.