Biggest losers:
Graduate students
HENRYs with professional degree student loans and expensive homes
Like I said, this tax cut is almost specifically designed to hurt KSUW and he is still cheering it to "own the libs" it is such a perfect example of how broken his brain is.
Cheering it? I'm pretty disappointed in what this does for me personally. But it does help a ton of people - that can't be denied. It could also indirectly help me by further boosting the economy and my investments.
I suspect the student loan thing is going to impact a very small slice of people. The vast majority of people with a lot of student loan debt will likely be more than covered by the doubling of the standard deduction. As you get older, wealthier, and incur more itemized deductions to surpass the standard deduction, you typically pay off your student loans (unless you don't, and that's on you).
It taxes any grad student on a stipend. So, for instance, when I was getting a stipend and tuition assistance for my undergraduate degree through an academic scholarship? That is now taxable income. My wife who had a stipend and tuition waiver for her Ph.D? Now taxed as income.
All TA's, Graduate Assistants, Post-Docs etc. will now have their stipends and scholarships taxed as income. If it stays in, it will be a disaster for graduate research and a huge de facto cut for higher ed in an environment where states have almost stopped funding higher ed anyways.