13458878, That quote doesn't mean what you think it means Posted by PimpTrickGangstaClik, Wed Apr-27-22 11:46 AM
It shows that upper income benefit disproportionately. Upper income make up 25% of the population, but get 30% of the benefit. Middle and low income make up 75% of the population, but get 70% of the benefits.
> >But anyway here's the quote from your article: >"Around 70% of relief from a theoretical $50,000 in student >debt forgiveness would go to those in middle-income and >low-income neighborhoods, according to a recent study by The >Federal Reserve Bank of New York." > >
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