62 Percent of Americans Back Free College for All

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A new survey also finds that nearly everybody believes college is a wise investment.

As college costs soar, a large majority of Americans have had enough.

A new poll finds 62 percent of respondents say college should be free for all Americans who want to attend. Bankrate.com commissioned the survey, which polled 1,000 U.S. residents.

Free college tuition was overwhelmingly popular among millennials, with 77 percent backing it. About half of Americans 50 and older also support free college tuition.

The poll found that 81 percent of Democrats and 67 percent of independents support free tuition. However, just 33 percent of Republicans feel the same.

Democratic presidential nominee Hillary Clinton has pledged to eliminate tuition at in-state public colleges and universities for families with incomes up to $85,000. That figure would rise to $125,000 by 2021.

Republican presidential nominee Donald Trump has said he plans to announce his college-financing plan soon.

The Bankrate survey also found that 89 percent of people who earned a four-year degree believe it was a wise investment. And among all Americans — including those who did not attend college — 73 percent believe college is worthwhile.

Although Americans apparently feel college has become too expensive, many still think students should pay their debts.

Forty percent say students should be held responsible for such obligations until they are paid off. Still, 35 percent say it should be OK to forgive student debt after 10 years of regular payments,

What’s your take on free college tuition? Sound off by commenting below or on our Facebook page.

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