Independent Fiscal Office Estimates That Almost 2 Million Pennsylvania Borrowers Hold $69 Billion Student Loan Debt.

Student Loan Forgiveness Favors The Rich

[{"selector":"#anim-2823367f-73cd-449b-9266-dcabe72af103","keyframes":{"transform":["translate3d(-112.42236%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1f67e156-8017-412c-b5c9-8f6680ce44f5","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f68dc448-38d7-4eac-9ebc-7baae5233bd5","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] Pennsylvania ranks 6th in total loan balances, the report noted, and 21st in average balance ($35,300). Image Credit: Unsplash

Student Loan Forgiveness Favors The Rich

[{"selector":"#anim-4abc6df7-c5d1-4853-b9fb-bbdbb36cbdf1","keyframes":{"transform":["translate3d(-113.13433%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-fbb229aa-bc82-4bd2-9842-1d2408d77592","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-32096fef-68ba-4671-abfa-494fffcdee63","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] About 65% of loan forgiveness benefits would go to borrowers earning more than $51,000. Image Credit: Unsplash

Student Loan Forgiveness Favors The Rich

[{"selector":"#anim-5b7b222b-97d4-46da-8a5b-857e1e3cb3cf","keyframes":{"transform":["translate3d(-110.61946%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-20a24b8e-47bb-48ea-b436-657edda4a68d","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0e495d5b-88ff-432c-9745-73d8f6189ef1","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] There is significant percentage of loan debt forgiven, which mostly favor the middle and upper classes Image Credit: Unsplash

Student Loan Forgiveness Favors The Rich

[{"selector":"#anim-2c163b8b-31d8-4562-ad28-01a9294b44c2","keyframes":{"transform":["translate3d(-108.6351%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5216e473-2d41-4c1d-a977-e1aefe8d95cc","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d766d956-a49c-4b57-9cce-16993e260157","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] The pause on student loan repayments, delayed for the seventh time. Image Credit: Unsplash

Student Loan Forgiveness Favors The Rich

[{"selector":"#anim-4892f33f-674d-4938-9816-e2714c41fb4e","keyframes":{"transform":["translate3d(-115.60509%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c656a10b-2d95-4a5f-bcb8-02f2c1a6fe4d","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b7f5b57a-41c3-4a50-ad73-07d138c20e62","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] It cost around $155 billion and is “extremely regressive,” for federal government. Image Credit: Unsplash

Student Loan Forgiveness Favors The Rich

[{"selector":"#anim-08973a0a-5d80-459d-be5b-57cf4ab91639","keyframes":{"transform":["translate3d(-112.73292%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-cf927aa6-1c1c-48d2-895e-d2f213e39c68","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-15dee6f5-daab-42bf-b5f4-8e6da1f6fedb","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] The pause usually benefits borrowers in higher-paid professions Image Credit: Unsplash

Student Loan Forgiveness Favors The Rich

[{"selector":"#anim-dcc2294a-8a79-413c-8199-2b0d1e59ca39","keyframes":{"transform":["translate3d(-107.79945%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c2c16730-74a6-4f8b-8213-3114ddedf011","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-af3e4ac3-f3f7-4297-9e4f-875291c471a7","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] According to CRFB, The higher professions people tend to borrow more . Image Credit: Unsplash

Student Loan Forgiveness Favors The Rich

[{"selector":"#anim-88b487f3-bd84-4ba8-ba37-869fbd400328","keyframes":{"transform":["translate3d(-107.79945%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-36263d25-ecd3-4a1a-922d-8546a40c4006","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-6713e82e-3a48-4963-9d16-3b8140eb090e","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] The State System of Higher Education has lost more than 20% of its students. Image Credit: Unsplash

Student Loan Forgiveness Favors The Rich

[{"selector":"#anim-2531cbdc-d97d-4740-bec6-6afcea6813fb","keyframes":{"transform":["translate3d(-107.79945%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f5013bb1-4482-4be9-b1a6-9c8fb27b0b6a","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b10907da-545b-4cf6-a336-450860df8bd3","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] There has been a significant funding to support a plan and attract more students and shore up the system. Image Credit: Unsplash

Independent Fiscal Office Estimates That Almost 2 Million Pennsylvania Borrowers Hold $69 Billion Student Loan Debt.

Student Loan Forgiveness Favors The Rich

Student Loan Forgiveness Favors The Rich

Student Loan Forgiveness Favors The Rich

Student Loan Forgiveness Favors The Rich

Student Loan Forgiveness Favors The Rich

Student Loan Forgiveness Favors The Rich

Student Loan Forgiveness Favors The Rich

Student Loan Forgiveness Favors The Rich

Student Loan Forgiveness Favors The Rich

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