4 ms·
> Accounting correctly for both human capital and effect of subsidies in student lending plans, almost a third of all student debt is owed by the wealthiest 20
by changoplatanero 5y ago
> Accounting correctly for both human capital and effect of subsidies in student lending plans, almost a third of all student debt is owed by the wealthiest 20 percent of households and only 8 percent by the bottom 20 percent. Across-the-board student loan forgiveness is regressive measured by income, family affluence, educational attainment—and also wealth.
https://marginalrevolution.com/marginalrevolution/2022/01/student-loan-forgiveness-is-regressive.html https://marginalrevolution.com/marginalrevolution/2022/01/st...