Top 20% Gets 6x More Benefits from Student Debt Cancellation than Bottom 20%, New Study Finds
Forgive student debt and help make the relatively well off, even better off.
“Outstanding student debt is inversely correlated with economic hardship,” study co-author Sylvain Catherine writes. “So it is difficult to design a forgiveness policy that does not accentuate inequality.”
This finding is not an outlier.
This article was originally posted here: https://www.ac2news.com/2020/12/top-20-gets-6x-more-benefits-from-student-debt-cancellation-than-bottom-20-new-study-finds/.