Well, not all groups do the same thing with their newly reclaimed income. If memory serves, lower income folks will tend to spend all of it because, well, it's

Well, not all groups do the same thing with their newly reclaimed income. If memory serves, lower income folks will tend to spend all of it because, well, it's expensive to be poor and they're trying to catch up to some basic level standard of living. Middle class – it's a mix, but much of it gets saved or invested. The rich – they don't spend the extra money – they invest it (often avoiding taxation or comparable taxation). So, IF that's true, it might make this more viable because the rich and upper middle class are less likely to be holding student loans, and thus, this money is more likely to be spent.