“This brings the total debt cancellation my administration has approved to $132 billion for over 3.6 million Americans through various actions,” Biden said in a statement.
“This brings the total debt cancellation my administration has approved to $132 billion for over 3.6 million Americans through various actions,” Biden said in a statement.
A college educated person can earn more than a million dollars more over their career than a high school educated person. Biden is bailing out the rich and the Dems love it.
I don’t like engaging in negativity on lemmy, but you’re an idiot. People with student loan debt aren’t rich.
Statistics tell a different story. You refuse math, and think I’m an idiot. Enjoy your bullshit degree.
You don’t seem to be aware of what ‘statistics’ are as you unsurprisingly haven’t provided any in traditional ignorant-loudmouth fashion.
As if I need to. You are clearly a fucking idiot likely in debt over their head because you lack any common sense or self control. Enjoy your miserable existence.
Rich is an interesting way to put it. Bailing out the rich are tax cuts aimed overwhelmingly at the rich, not taxing capital gains and other ways the rich try to hide their true income and not auditing the rich because it is too much effort.
…and should also include forgiving debt of those that have potential to be higher earners. Student loans were readily accepted and it was fully understood that you would have to pay the money back. Just do that.
my wife and i earn a million dollars roughly every 6 years. After tax, rent and bills (we have no particularly lavish outgoings – non essentially include netflix, Spotify, sirius xm in our cars, we get a slightly more expensive cat litter than the cheapest… ), i.e. “net” earnings we earn a million dollars over 38 years. We have about that long left until retirement. So I think you’re vastly underestimating how much it costs to live and work in a city.
You have the time to discuss news online at ~7:30am Eastern and the necessary computing tech (phone, laptop) to do so. It certainly sounds like you’re better off than a lot of people – are you also part of the rich? After all, you aren’t doing manual labor nonstop from early in the morning for minimum wage.
I sure have. Started working 16 hours days in the summer months on the local farms custom baling hay and straw when I was 13. I have had many jobs since then, always bettering myself. I’m not rich, but I’m doing ok. I pay my taxes. I’m the callused hands of the working class that actually pays their bills and lives within their means. You?
How does lifetime earnings factor into someone who is still paying on their loans and far from the end of their life? What an idiotic correlation. 53% of US adults have a degree, yet the median income is $31k per year which is far from rich. I see you took those old ITT Tech commercials to heart.