Student Debt
Older people outnumber younger people with student loans, and they owe far more.
The data strongly suggests that older people are being exploited under these unconstitutional loans en masse, and they are being hurt far worse than younger borrowers.
In the absence of the consumer protections mentioned above, and also Truth-In-Lending and Fair Debt Collection Laws, these loans have become viciously predatory and hyper-inflationary.
Key Findings:
There are more people over the age of 35 with student loans than under the age of 35 (22.7 million vs. 22.6 million), and they owe 154% more on average ($41,881 vs. $27,256).
There are more people over the age of 50 with student loans (8.5 million) than people under the age of 25 with student loans (7.8 million), and they owe, on average, 277% more($41,058 compared to $14,807).
@RBReich
Never forget that the 25 richest people in America paid a true tax rate of just 3.4% between 2014 and 2018 on over $400 billion in wealth gains.
The rest of America paid an average of 13.3% in 2018.
Justified #1 – Long Hard Times to Come
Justified: Raylan Given’s Most Intimidating Lines
“The truth always sounds like lies to a sinner”
“Raylan, if a book could only be judged by its cover, you’d be a bestseller.”
A man who talks out of both sides of his mouth deserves to have it permanently shut.
“You shoulda been on the other side, with me and your daddy. You’d still be able to shoot people and be an asshole… your two favorite activities.”
“Well Mr. Napier I’d like to think that if I was behind an attempt on your life, at the very least I would’ve messed up your hair.”