"need" would be the key word here, do college graduates need the money? If a program is regressive, it means it's transferring money from people who need the mo

"need" would be the key word here, do college graduates need the money? If a program is regressive, it means it's transferring money from people who need the money to people who either don't need the money or need it less. That doesn't exactly benefit people who need the money either.