Bigdog
Harris - make America a 3rd world shithole
Like with the Dems subsidizing luxury cars for the white lib elite, loan forgiveness is also welfare for the wealthy white libs.
"The highest-income 40% of households (those with incomes above $74,000) owe almost 60% of student loan debt. These borrowers make almost three-quarters of student loan payments.
The lowest-income 40% of households hold just under 20% of student loans and make only 10% of the payments.
Brookings attributes this to two factors. First, people from higher-income households are more likely to go to college. Second, people with a college or graduate degree earn substantially more in the labor market than those who never went to college.
In 2019, households with graduate degrees owed 56% of the outstanding education debt. And the 3% of adults with a professional or doctorate degree hold 20% of student loans. The median income in these households are twice as high as the overall median – $106,000 versus $47,000 in 2019."
https://www.savingforcollege.com/article/who-owes-the-most-student-loan-debt
It is women that hold 2/3s of student debt and refuse to be responsible for it.
"The highest-income 40% of households (those with incomes above $74,000) owe almost 60% of student loan debt. These borrowers make almost three-quarters of student loan payments.
The lowest-income 40% of households hold just under 20% of student loans and make only 10% of the payments.
Brookings attributes this to two factors. First, people from higher-income households are more likely to go to college. Second, people with a college or graduate degree earn substantially more in the labor market than those who never went to college.
In 2019, households with graduate degrees owed 56% of the outstanding education debt. And the 3% of adults with a professional or doctorate degree hold 20% of student loans. The median income in these households are twice as high as the overall median – $106,000 versus $47,000 in 2019."
https://www.savingforcollege.com/article/who-owes-the-most-student-loan-debt
It is women that hold 2/3s of student debt and refuse to be responsible for it.
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