Why is the beleaguered taxpayer on the hook for the rich? Why aren’t the wildly rich colleges and their endowment funds underwriting this elite handout?
‘Between 69 and 73 percent of the debt forgiven accrues to households in the top 60 percent of the income distribution.’
Only 37% of Americans have a 4-yr college degree, only 13% have graduate degrees, and a full 56% of student loan debt is held by people who went to grad school.
Biden’s plan to cancel it would be like taking money from a plumber to pay the debt of a lawyer.
11:44 AM · Aug 23, 2022·Twitter Web App
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