U.S. Citizens Now Hold About $1.3 Trillion in Student Loan Debt
We don&#x27;t need student debt reform (and I say that as someone who has a lot of student debt). Student loan debt is a middle&#x2F;upper middle class problem. 2&#x2F;3 of millennials don&#x27;t have a college degree, disproportionately in the lower and lower middle class. The majority have no student debt.  Public money spent on college or debt reform would be a regressive benefit to those who are already better off than the median person. It would be better to spend that money figuring out how to improve the plight of working class people for whom college isn&#x27;t in the cards.