Households Earning $300k+ a Year Are Biggest Beneficiaries of New Student Debt ‘Cancellation’ Plan, Penn Wharton Study Finds

President Joe Biden introduced new provisions to his student debt relief plan earlier this month, and the primary beneficiaries are high-income earners, according to a new analysis released by the Wharton School of the University of Pennsylvania. While Biden’s 2023 SAVE Plan already put taxpayers on the hook for $475 billion...