College graduates on average have higher lifetime earnings than non-college graduates, and inherently have an advantage over non-graduates in a competitive job

College graduates on average have higher lifetime earnings than non-college graduates, and inherently have an advantage over non-graduates in a competitive job market: https://www.ssa.gov/policy/docs/research-summaries/education-earnings.html https://www.ssa.gov/policy/docs/research-summaries/education... And the people taking these loans out aren't poor: https://www.brookings.edu/articles/who-owes-the-most-in-student-loans-new-data-from-the-fed/ https://www.brookings.edu/articles/who-owes-the-most-in-stud... >Recently released data from the Federal Reserve’s Survey of Consumer Finances confirm that upper-income households account for a disproportionate share of student loan debt—and an even larger share of monthly out-of-pocket student debt payments. >The highest-income 40 percent of households (those with incomes above $74,000) owe almost 60 percent of the outstanding education debt and make almost three-quarters of the payments. The lowest-income 40 percent of households hold just under 20 percent of the outstanding debt and make only 10 percent of the payments. It should be no surprise that higher-income households owe more student debt than others. Students So it's unclear to me why these people in particular deserve debt relief, especially when you consider the non-graduates, who are at a marked competitive disadvantage, and have debt of their own, will indirectly be subsidizing it. The "so they can finally afford to buy a home" meme would make more sense if the non-graduates had an easier time buying a home, yet they're even less likely to be able to afford a home: https://corridorbusiness.com/study-college-graduates-more-likely-to-own-their-own-home/ https://corridorbusiness.com/study-college-graduates-more-li... The college-educated now form a powerful voting block, one that was crucial to Biden's victory: https://www.nytimes.com/2021/09/08/us/politics/how-college-graduates-vote.html https://www.nytimes.com/2021/09/08/us/politics/how-college-g... and this whole movement feels like privileged, upwardly-mobile people voting themselves a handout they don't deserve, with money that could be much better spent helping actual poor people make ends meet