Re:Student Loans a Lot Like the Subprime Mortgage Debacle, W...
by afarrell on Wednesday December 11, 2019 @08:13AM
(#21762027)
> only the old and the poor
Also government employees, and those under the care of the VA.
> Purchasing Power Parity, which also should be accounted for.
Yes, I agree.
To illustrate with a simplified example:
Imagine nation A has median wage of $20k and nation B has median wage of $40k. Also imagine that their income distribution is the same. Then, if healthcare costs in nation B are twice as high, healthcare is equally as affordable.
Also government employees, and those under the care of the VA.
> Purchasing Power Parity, which also should be accounted for.
Yes, I agree.
To illustrate with a simplified example:
Imagine nation A has median wage of $20k and nation B has median wage of $40k. Also imagine that their income distribution is the same. Then, if healthcare costs in nation B are twice as high, healthcare is equally as affordable.