Tlaib is a perfect example of how federal bailouts of student loans would actually benefit the rich.
It’s not just the poor taking out loans. Students from families earning more than $114,000 a year borrow at the same rate as the lowest-income students — and they take out loans nearly twice as large. Students with advanced degrees — lawyers, doctors and others — account for 40% of all student debt.
And the top 25% of income-earning households hold almost half of student loan debt, according to the Urban Institute. Student forgiveness would largely be a hand up to the better off.
Tlaib's entitlement isn't going unnoticed.
Read our latest news on any of these social networks!
Get latest news delivered daily!
We will send you breaking news right to your inbox