Few causes are as central to the progressive movement as student debt “cancellation” (which really means taxpayers absorb the burden of $1.7-plus trillion in student debt). But yet another study just confirmed that there’s actually nothing “progressive” about student debt cancellation at all.
A new analysis from the liberal-leaning Brookings Institution finds that “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.”
“Measured appropriately, student debt is concentrated among high-wealth households and loan forgiveness is regressive whether measured by income, educational attainment, or wealth,” Adam Looney writes. t.co/CgUyNRzUgc
— The Brookings Institution (@BrookingsInst) January 15, 2022
www.washingtonexaminer.com/opinion/yet-another-study-shows-why-student-debt-cancellation-is-a-scam
- WTF, Who Is Running Our Country?
- Are They Calling For An Insurrection?
- NATO Will Do Nothing if Russia Invades Estonia
- The Destruction of Future Generations is on Full Speed
- Todays SCOTUS ruling was the biggest gift to the DNC.
- Summer Preview: Rolling Blackouts, Higher Gas Prices, Natural Gas Rationing In Europe And A Historic Diesel Crisis
- The Gun Control Bill Has Passed The Senate 65-33
- Teachers are now ARMED in New Mexico, When asked if students felt safer, ALL students raised their hands. Every. Single. One.
- Buying an Illegal Gun in New York City Has Always Been Easy
- You Will Never See This on the News
Views: 2