Some critics of Biden's student-loan forgiveness say the relief will help rich people the most. New data suggests the exact opposite.

• New Education Department data suggested Biden's student-debt relief would benefit the lowest earners the most.
• It said that 81% of all applications received came from the bottom 80% of Congressional districts by average income.
• Republicans have frequently argued that broad relief would go to the highest earners.

You've probably heard this argument before: student-loan forgiveness is regressive and benefits the highest earners.

Well, new data may undermine that idea.