djsumdog on Nostr: More than 45 million people collectively owe $1.6 trillion 45 / 330 = 13% of ...
More than 45 million people collectively owe $1.6 trillion
45 / 330 = 13% of Americans, just like I state in my article.
1.6 trillion dollars / 45 million people is $28k per borrower. And like I said, 1/3 of those people owe <$10k and 2/3rds owe less than $20k.
Framing is everything.
The people with the big loans are the doctors/lawyers who are pulling in six figures within 3~5 years on the job (and also very unlikely to join the military unless they get in cushy Air Force positions and it takes care of all their debt).
Published at
2023-08-31 17:03:06Event JSON
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"content": "\n\nMore than 45 million people collectively owe $1.6 trillion\n\n45 / 330 = 13% of Americans, just like I state in my article.\n\n1.6 trillion dollars / 45 million people is $28k per borrower. And like I said, 1/3 of those people owe \u003c$10k and 2/3rds owe less than $20k. \n\nFraming is everything. \n\nThe people with the big loans are the doctors/lawyers who are pulling in six figures within 3~5 years on the job (and also very unlikely to join the military unless they get in cushy Air Force positions and it takes care of all their debt).",
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