Post AO03vF4eXV6rzLIq3M by RJA@democracy.town
 (DIR) More posts by RJA@democracy.town
 (DIR) Post #AO03vEbwGG8oYHruIS by TonyStark@democracy.town
       2022-09-27T11:35:40Z
       
       0 likes, 0 repeats
       
       Some additional facts about student loan forgiveness:Nearly 90% of those benefiting from the policy earn less than $75,000. A significant percentage of student loan debtors didn't get a four-year degree. That means they also don't get the income boost of a bachelor's degree. Women hold two-thirds of the student loan debt in the U.S., according to a widely cited estimate from the American Association of University Women (AAUW)— with Black women holding the most. This is because women earn less than men overall, and so take longer to pay back their loans. Often, childcare costs add to the financial pressure as well. This is good policy and it will help the American people. It would be great to see some TV news shows cover these facts more, particularly prime time shows.4 Facts That Show Who Benefits Most From Student Loan Forgiveness-https://money.com/who-benefits-from-student-loan-forgiveness/
       
 (DIR) Post #AO03vF4eXV6rzLIq3M by RJA@democracy.town
       2022-09-27T15:41:01Z
       
       0 likes, 1 repeats
       
       @TonyStark I heard on some show this morning complaining inflation.Student loan debt payments have not been made for 2 years. The inflationary effect is already baked into our current inflation problem. Discharging the debt is just continuing the status quo and shouldn’t increase inflation further.Facts are important and I agree: the coverage had been light.