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[deleted] t1_jarm1px wrote

Reply to comment by TargetMost8136 in [OC] Nearly 15% of U.S. families in the bottom quintile by income have outstanding student loan debt by CheeryOaf

I think the assumption that 20-60 percentile, even up to 80, have that much free income is not as realistic as one might imagine

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TargetMost8136 t1_jarml9c wrote

I don’t disagree with that but the bottom 20% are probably not gonna have any financial wiggle room at all

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[deleted] t1_jarr3ph wrote

I guess what matters between our perspective is what message you want this data to inform.

Highlighting low income earners distracts from the message of "what income bands are affected by student loan debt" which is what this is informing in my head canon.

Debt modification/forgiveness is not a "poor Americans" issue.

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