Student loan boycott will force cancellation: Borrowers

Many student loan borrowers believe that boycotting payments could force cancellation of their debt, according to a new poll.

The poll, conducted by Intelligent.com, found that 62 percent of loan borrowers are likely to boycott payments, which breaks down to 26 percent saying"highly likely" and 36 percent saying"somewhat likely." Additionally, the poll found that many students believe a boycott will result in the getting either some or all of their federal student loan debt canceled. According to the poll, 17.74 percent say it's"highly likely" a boycott would lead to all federal student loan debt being canceled and 26.95 say it's"somewhat likely." More than 70 percent say that a boycott would likely to lead to"some" federal student loan debt being canceled.

The poll's findings come ahead of the scheduled resumption of student loan payments after they were paused several times since the start of the COVID-19 pandemic, first by President

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