Thread by @bad_debt_takes

Let's take a closer look at some of the loudest critics of #CancelStudentDebt.

Are they wealthy?
Did they go to elite schools?
Are they powerful people helped by the status quo?

(Spoiler alert: yes)

A 🧵

This is Jason Furman.

He:
* Is the son of a shopping mall developer 🤑
* Went to Dalton, an elite private K-12
* Went to Harvard & London School of Economics
* Hates student debt cancellation

https://twitter.com/jasonfurman/status/1560632892476325889

This is Matt Yglesias.

He:
* Will likely earn $1 million+ in 2022
* Went to Harvard
* Is not a fan of universal workplace safety standards
* Thinks we shouldn't #CancelStudentDebt because it doesn't solve every problem in higher ed.

https://twitter.com/mattyglesias/status/1561335917390036993

This is Marc Goldwein celebrating his Fox Business clip criticizing potential Biden admin policy.

Marc:
* Told the Washington Post in 2013 he was a tax break baby
* Made > $240K last year at CFRB per tax filings
* Has 2 degrees from Johns Hopkins

https://twitter.com/MarcGoldwein/status/1560023037197557760?s=20&t=riodVlwDnk3ElBIYZCOtKQ

This is Josh Barro.

Josh:
* Went to Harvard, probably at no cost because:
* His father teaches at Harvard
* Charles Koch subsidized his internship with Grover Norquist's org (Josh was a "Koch Fellow")
* Hates student debt cancellation

https://twitter.com/jbarro/status/1530585138920206336

This is Justin Slaughter. He:

* Works for 2 crypto billionaires at a cryptocurrency Venture Captial fund
* Went to Columbia & Yale
* Is married to a Commissioner at the @FTC

https://twitter.com/JBSDC/status/1530631383068069888

This is Senator Mitt Romney.

He:
* Is worth an estimated $450 million
* Co-founded the Private Equity giant Bain Capital
* Went to Stanford and Harvard
* Wants to block student debt cancellation with his bill:

https://twitter.com/SenatorRomney/status/1527292348098433033

This is Senator Tom Cotton. He:

* Went to Harvard for undergrad and law school
* Thinks waitresses don't have student debt
* Wants to send in the troops
* Hates student debt cancellation

https://twitter.com/TomCottonAR/status/1530206476630892544

This is Betsy DeVos.

She:
* Has an estimated net worth of $2 billion
* Was Trump's Education Secretary
* Has so many yachts she has a "yacht scheduler"
* Thinks cancelling student debt is a "horrible idea" that won't solve the problem (?)

https://twitter.com/newsmax/status/1552120338133270528

This is Donald Trump Jr.

He:
* Went to college prep boarding school
* Went to UPenn for college
* Has an estimated $300 million net worth
* Opposes student debt cancellation

https://twitter.com/DonaldJTrumpJr/status/1519731499980972032

This is Larry Summers.

Larry:
* Went to MIT & Harvard
* Had a controversial 5 years as Harvard President. He resigned in 2006 when faced with a vote of No Confidence
* Is worth an estimated $40 million
* Is wrong about women in STEM &! #CancelStudentDebt

https://twitter.com/LHSummers/status/1561701546580221952