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In reply to the discussion: Blanket student loan forgiveness is redistributing wealth upward [View all]iemanja
(54,481 posts)107. defined by whom?
$156k is in the top 8% of all incomes. 410,000 is in the top 1%.
Affluent Americans greatly underestimate their wealth relative to the rest of the nation.
https://dqydj.com/income-percentile-calculator/
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The number of people with loans making hundreds of thousands a year is surely small.
LonePirate
May 2022
#36
Rolling back just one of the latest billionaire tax cuts would cover all outstanding debt.
Doremus
May 2022
#21
NO social program is "fair" to everyone. Can we please drop that silliness as a talking point?
Thtwudbeme
May 2022
#7
Librarians working outside of the corporate arena have always made little money.
Scrivener7
May 2022
#52
No. There isn't anything wrong with what I wrote. There were a number of paths
Scrivener7
May 2022
#88
All my debts are paid, and I am financially fine. What you wrote is incredibly sad
Thtwudbeme
May 2022
#89
OK. Fine, but again, what is your point about the cost of living, the salary
Scrivener7
May 2022
#93
If it depends on getting a bill through congress, we are screwed and it's silly to discuss
questionseverything
May 2022
#60
Blanket student loan forgiveness is a political nuclear bomb that will destroy the Democratic party
Recursion
May 2022
#31
Like last election year's "Defund the Police" slogan that's rarely uttered since, & has been now...
Budi
May 2022
#43
Student loans wouldn't even be an issue if we did them through payroll deductions
Recursion
May 2022
#59
So tax the rich. The issue isn't loan forgiveness being unfair; our taxation system is. nt
Gore1FL
May 2022
#33
Student loans are one of the few things clawing down the gap between non-college graduates
Recursion
May 2022
#48
I would assume we would keep doing it. Affordable college is the point. It's not a cash grab. nt
Gore1FL
May 2022
#53
I don't see affordable college as a losing issue. I therefore reject the 20-year lock out argument.
Gore1FL
May 2022
#56
I just told you there is one pediatric cancer doctor for three counties in a remote region.
Act_of_Reparation
May 2022
#133
Cap forgiveness at the average amount for in-state tuition for a state school
Politicub
May 2022
#100
Yes, and what about parents who have a college fund for their kids? They'd be stupid to use it for
Alhena
May 2022
#122
The problem with forgiving student debt is what about students starting college next year.
asa4ever
May 2022
#118