(Mid-America Pension Rights Project): Who owes all that student debt? And who’d benefit if it were forgiven?

Via Brookings
By Adam Looney, David Wessel and Kadija Yilla

Student debt is a big issue in the 2020 presidential campaign for an obvious reason: There’s a lot of it—about $1.5 trillion, up from $250 billion in 2004. Students loans are now the second largest slice of household debt after mortgages, bigger than credit card debt. About 42 million Americans (about one in every eight) have student loans, so this is a potent issue among voters, particularly younger ones.

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