They live right on the edge of their income, paycheck to paycheck, whether they're making low 5 figures or high 6 figures. My generation is, generally speaking, piss poor with money management. Meanwhile not only did I pay back my student loans, I did so while making the equivalent of a full-time minimum wage job, and nearly maxed out my ROTH IRA while doing so. Living on a tight budget is difficult, and those seeking student loan forgiveness do not want anything difficult.
Because two new video game systems, a new collection of Apple products, and a ton of other essential goods were released. Also it’s still pumpkin spice season and Starbucks is expensive. Can’t forget about weed too! Even the $6/grams add up after taxes.
Right.. payments have been optional since April. How are these people drowning in a sea of debt that has payments as optional?
They live right on the edge of their income, paycheck to paycheck, whether they're making low 5 figures or high 6 figures. My generation is, generally speaking, piss poor with money management. Meanwhile not only did I pay back my student loans, I did so while making the equivalent of a full-time minimum wage job, and nearly maxed out my ROTH IRA while doing so. Living on a tight budget is difficult, and those seeking student loan forgiveness do not want anything difficult.
To summarize: Entitlement!
Because two new video game systems, a new collection of Apple products, and a ton of other essential goods were released. Also it’s still pumpkin spice season and Starbucks is expensive. Can’t forget about weed too! Even the $6/grams add up after taxes.