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It doesn't really matter what math it used, that is irrelevant. And that's what these people do, they throw out some irrelevant point to the topic, and then 'argue' with you over it, they're experts at it. I don't care what income bracket the people are in that are having loans 'forgiven' (even that word is a complete lie), it should be shifted, not forgiven. The only way they are forgiven is if the universities give the money back, which we know isn't happening. None should be 'forgiven', regardless of income level.
College educated people make more money and pay more taxes.Then they can pay for it themselves, not the tax payer.
Doesn’t change the fact that people making 300k or more are benefiting the most. This is the issue I have with the government most of the laws favor the rich.96% of the package helps those under that income level.
Facts aren't bigoted. They're just facts.If the 'education' provides such great benefit, why are they needing their loans 'forgiven'?
So your contention is that those who do not get a college degree are being 'left behind'? What a completely arrogant bigot you are.
www.aplu.org
You're basically saying that you have to indoctrinate your kids before someone else indoctrinates them.
Right wingers love their indoctrination.
There are rich people in both parties, obviously. The characteristics of these rich people vary generally. Rich liberals tend to be the higher educated professionals. Rich conservatives tend to be small to medium size business owners. I don't have a lot of data about this, it's mostly my opinion but I think it's pretty accurate.
I explained it twice already. This is from the article:
Aside from the new $559 billion price tag, the Penn Wharton Budget Model finds that the new plan “will also relieve some longer-term student debt for about 750,000 households making over $312,000 in average household income.”
Households earning more than $312,000 in income per year, with more than 20 years in repayment, will see an average of $25,541.39 in debt relief under Biden’s new plan.
Sure. Okay.You're so ridiculously biased you will never understand any of what is being discussed on here with any kind of an open mind. Yours is sealed shut, you will never learn a damn thing, perhaps you're not even capable of it.
Anyone that is willing to argue that it's okay for grown men to shower with their daughters in order to defend your cult god, is completely without any integrity, morals, or honesty.
VOTE BUYINGAmidst pretend-president Biden's vote buying scheme of student debt transfer is the true cost of the debt burden placed on taxpayers.
A Wharton study estimates that the various vote buying schemes will eventually cost taxpayers in excess of $559 Billion dollars.
Under the Dems / Socialists, spending and debt accumulation never ends, the middle class pays for everything but at what point do the Dems / Socialists literally kill off the middle class?
President Biden’s latest student loan cancellation plans will increase the total cost to taxpayers to a whopping $559 billion and benefit households earning more than $300,000 in annual income the most, according to a new study.
I explained it twice already. This is from the article:
Aside from the new $559 billion price tag, the Penn Wharton Budget Model finds that the new plan “will also relieve some longer-term student debt for about 750,000 households making over $312,000 in average household income.”
Households earning more than $312,000 in income per year, with more than 20 years in repayment, will see an average of $25,541.39 in debt relief under Biden’s new plan.
Facts aren't bigoted. They're just facts.
College-educated workers enjoy a substantial earnings premium. On an annual basis, median earnings for bachelor's degree holders are $36,000 or 84 percent higher than those whose highest degree is a high school diploma. The earnings gap between college graduates and those with less education continues to widen.
How does a college degree improve graduates’ employment and earnings potential? - APLU
Key Takeaways The evidence that a college degree significantly improves one’s employment prospects and earnings potential is overwhelming. Bachelor’s degree holders are half as likely to be unemployed as their peers who only have a high school degree and they make $1.2 million in additional...
Facts aren't bigoted. They're just facts.
College-educated workers enjoy a substantial earnings premium. On an annual basis, median earnings for bachelor's degree holders are $36,000 or 84 percent higher than those whose highest degree is a high school diploma. The earnings gap between college graduates and those with less education continues to widen.
How does a college degree improve graduates’ employment and earnings potential? - APLU
Key Takeaways The evidence that a college degree significantly improves one’s employment prospects and earnings potential is overwhelming. Bachelor’s degree holders are half as likely to be unemployed as their peers who only have a high school degree and they make $1.2 million in additional...
Feel free to point out what number you think I invented. You keep accusing me of this by refuse to explain.You can cut and paste the numbers you earlier invented but for what purpose?
You falsely claimed you used data from the Wharton School when obviously you did not.
Your simplistic addition and subtraction is pointless.
Feel free to point out what number you think I invented. You keep accusing me of this by refuse to explain.
The study cited by Hollie says otherwise96% of the package helps those under that income level.
College educated people make more money and pay more taxes.
The rest is the usual "handling fee" dem grift.I did the math. 750,000 households getting average of $25,000.
That’s just under $19 billion out of the total $559 billion.
It’s pretty simple. Not surprised the hit piece didn’t mention it.
Provide the US code citation that provides for Biden's cancellation of legally binding loan contracts.Feel free to point out what number you think I invented. You keep accusing me of this by refuse to explain.
Student loan forgiveness programs were passed by Congress and signed by the president years ago.The facts are that Biden is illegally trying to transfer debt to taxpayers in a dishonest and sleazy vote buying scheme.
