If the 1.6 trillion in debt was divided evenly among every human in the US it wo... | Hacker News

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		HeyImAlex on April 20, 2022 \| parent \| context \| favorite \| on: U.S. forgives 40k student loans If the 1.6 trillion in debt was divided evenly among every human in the US it would be 4k. If we’re ball-parking and say that the top 20% of earners would foot the bill it’d be about 64k per household.

sgjohnson on April 20, 2022 [–]

Why should the top 20% pay for it?

sgerenser on April 20, 2022 | [–]

Because the top 20% pay the majority of federal income taxes.

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