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<
https://educationdata.org/student-loan-debt-by-income-level?
>
<
https://www.brookings.edu/blog/up-front/2021/02/12/putting-student-loan-forgiveness-in-perspective-how-costly-is-it-and-who-benefits/?
>
<
https://www.forbes.com/sites/prestoncooper2/2022/01/21/study-most-student-debt-belongs-to-high-wealth-households/?sh%3D340e7e2d3ba
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Nearly 60% of all student loan debt is held by the rich and upper-middle class, so forgiveness would give the wealthy a financial windfall but not really help low-income people.
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