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(How do you/If you have student loans forgiven, how would you) expect to use the largest portion of any money you save each month from student loan forgiveness?
Expected use of savings from student loan forgiveness · Asked in 1 wave, 2022 · 3,019 responses · weighted estimates computed from individual responses
| Group | Pay off debt | Save for home purchase | Save for other things | Spend it on other things | n | MoE | |
|---|---|---|---|---|---|---|---|
| All respondents | 57% | 11% | 26% | 7% | 3019 | ±2 | |
| Less than high school † | 58% | 3% | 21% | 18% | 33 | ±19 | |
| High school | 60% | 10% |
SHED 2022 · US adults 18+. Shares of people who gave an answer. n is unweighted; ± is the 95% margin of error at 50% from the weighted effective sample. Groups with an effective sample under 50 are grayed; under 20, hidden.
| Poll | Field dates | Mode | Respondents | Responses |
|---|---|---|---|---|
| SHED 2022 138 imputed values recoded to -1. | 2022-10-21 to 2022-11-01 | web | 11,667 | 3,019 |
| 21% |
| 9% |
| 232 |
| ±7 |
| Some college | 60% | 9% | 25% | 6% | 1041 | ±3 |
| Bachelor's | 54% | 14% | 25% | 7% | 952 | ±3 |
| Postgraduate | 53% | 11% | 30% | 6% | 761 | ±4 |