Comment Comment by jessedhillon This analysis breaks out share of debt by family income and student earning quintiles: https://www.brookings.edu/blog/up-front/2019/06/28/who-owes-...Their sources are also linked from that post.Going by student earnings, the top 40% of earners owe almost 60% of the debt. Going by family incomes has about the same distribution. None of the lower three quintiles are breaking ~15% of borrowing.This is absolutely a gift to the wealthy. parent jessedhillon 6 years ago
Their sources are also linked from that post.
Going by student earnings, the top 40% of earners owe almost 60% of the debt. Going by family incomes has about the same distribution. None of the lower three quintiles are breaking ~15% of borrowing.
This is absolutely a gift to the wealthy.