Try the political quiz
@ISIDEWITHQuestionsEducationStarted 12yrs agoActive 2yrs ago

Do you support increasing taxes for the rich in order to reduce interest rates for student loans?

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.

+
Expand
+ Settings

Toggle voterbase

Statistics are shown for this demographic

Informed Voters

These active users have achieved an understanding of common concepts and the history regarding the topic of Student Loans

@RIPCharlie
#1 Informed Voter
Test Your Knowledge

Answer Overview

Response rates from 10.7m America voters.

54%
Yes
46%
No
50%
Yes
39%
No
4%
Yes, and increase government funding so every student receives a free college education
5%
No, but we should still reduce interest rates for student loans
3%
No, and transition all current government student loans into privately managed accounts

Historical Support

Trend of support over time for each answer from 10.7m America voters.

Loading data...

Loading chart... 

Historical Importance

Trend of how important this issue is for 10.7m America voters.

Loading data...

Loading chart... 

Other Popular Answers

Unique answers from America voters whose views went beyond the provided options.

 @8Z6PT3P from Kentucky  answered…4yrs4Y

No, and we should reduce taxes for everyone regardless of how rich or wealthy they are in order to reduce interest rates for student loans too.

 @5BCWQY6from Arizona  answered…6yrs6Y

No punishing sucess reduces motivation to strive for sucess.

 @93YZMSK from Georgia  answered…4yrs4Y

No, but we should abolish interest rates for student loans.

 @959K74L from North Carolina  answered…4yrs4Y

No, but abolish interest rates for student loans.

 @9FF68QY from North Carolina  answered…3yrs3Y

No because even though they are rich they worked hard for their money and it wouldn't be fair for us to treat them differently just because they are more wealthy

 @5B4HCFBfrom Ohio  answered…6yrs6Y

Only for certain majors.

 @8YQLNK2 from Kentucky  answered…4yrs4Y

No, and we should reduce taxes for everyone regardless of how rich or wealthy they are to help reduce interest rates for student loans.

 @9D7MTVS from California  answered…3yrs3Y

Lowering the student Loans can be good for some people, but there's little chance that you will get into college.

Latest News

Stay up-to-date on the most recent “Student Loans” news articles, updated frequently.

Popular Conversations

Join in on the most popular conversations.

 @ISIDEWITH submitted…2yrs2Y

Elizabeth Warren Walks Back Murder Comments

Congressional Democrats broadly denounced the murder of UnitedHealthcare CEO Brian Thompson Friday morning, after Republicans started accusing Sen. Elizabeth Warren of excusing violence.“No one's condoning this,” said Rep. Brad Schneider (D-Ill.). “Violence never is the right answer for anything. And it was a horrible murder, a tragic loss for his family.” Warren this week condemned the shooting, but added that people “can be pushed only so far.”"We'll say it over and over," Warren said on MSNBC’S “The ReidOut.” " Violence is never the answer. This guy [Luigi Mangione] gets a trial who's allegedly killed the CEO of UnitedHealth, but you can only push people so far, and then they start to take matters into their own hands."In a statement to POLITICO, Warren said, “Violence is never the answer. Period. I should have been much clearer that there is never a justification for murder.” Top Republicans denounced Warren's comments and the walked-back rhetoric, with House Majority Leader Steve Scalise (R-La.) calling it “inappropriate and dangerous.”Some House Democrats asked about the incident on Thursday pivoted the conversation to discuss policy options on health care or gun safety.“I don't really know that this is really a space that Congress normally weighs in on,” said Rep. Jasmine Crockett (D-Texas). “But at the end of the day, I think it’s an opportunity, because now people are talking about health care and to talk about the fact that this industry has honestly not been as helpful as it could be.”“Violence is never the answer,” said Rep. Troy Carter (D-La.). “We know that there are people suffering, there’s great challenges in healthcare. There's great challenges, and people have, in fact, been wronged, but a process of governance is the way to address that, not violence.”And Rep. Ted Lieu (D-Calif.) who denounced the murder, said the killer should be prosecuted and that “I do know that allegedly a ghost gun was used, and we should also ban ghost guns. There's no reason for them beyond the streets.”

▲  1614 replies

About This Data

Based on 10.7m responses to this question.

These results come from iSideWith's ongoing political issues survey. We collect over a million responses per day, filter out duplicate and multiple submissions, and break the results down by political party, ideology, age, state, and census demographics (income, race, education, household).

iSideWith is non-partisan — we don't advocate for any party, candidate, or position. We report what the public tells us.

Read Our Full Methodology →

Cite Or Embed This Poll

Writing about this issue? Use the live data and link back to the full results.

Cite This Poll

iSideWith. (2026). “Do you support increasing taxes for the rich in order to reduce interest rates for student loans?” — Public Opinion Poll Results. Retrieved June 26, 2026, from https://www.isidewith.com/polls/721297994

Embed The Live Result

Preview