PWBM estimates that the average beneficiary of this policy has a household income of $313,000.
PWBM estimates that the average beneficiary of this policy has a household income of $313,000. https://t.co/MDfPOw0PYf
About a year ago, I warned that the benefits of a policy like this would be extraordinarily skewed towards high earners. Higher debt -> Higher earnings Higher debt - > Longer repayment plan (and more benefit from cutting off payments after 20 years) forbes.com/sites/prestonc…
@PrestonCooper93 @chiproytx What...I'm well, well, well below that...
@PrestonCooper93 Biden’s proposal is such nonsense. We could theoretically end homelessness for several years or pay off some physicians’ student loans
@PrestonCooper93 Who cares? Does a doctor who took a ton of loans out and is still paying not deserve a break like anyone else?
@PrestonCooper93 I would benefit from it and I very much don't have an income anywhere near that.