One-Third of Americans Making $250k Live Paycheck-to-Paycheck

Re:One-Third of Americans Making $250k Live Paycheck-to-Payc... by ac29 on Wednesday June 01, 2022 @01:52PM (#31585499)

> They survive by not having $200k (average and median) in student loan debt

Where do you get $200k from? The average student loan debt for a bachelors degree is $26-36k, depending on type of institution: https://nces.ed.gov/fastfacts/display.asp?id=900

[ Parent | on HN ]

Re:One-Third of Americans Making $250k Live Paycheck-to-Payc... by phonon on Thursday June 02, 2022 @01:38AM (#31591712)

It goes way up for advanced degrees.

https://educationdata.org/average-graduate-student-loan-debt....

[ Parent | on HN ]

Re:One-Third of Americans Making $250k Live Paycheck-to-Payc... by giantg2 on Thursday June 02, 2022 @08:50AM (#31594161)

"Among federal borrowers"

This doesn't include people who get graduate degrees paid for by their parents or by the company they work for. I got a Masters and didn't take on any debt because the company paid for most of it and I only needed to pay a few hundred in fees each semester.

Now is a good time for me to say that it was still a waste of money and time. It was no benefit to me and didn't increase my comp. It would have been better to just work 2 extra hours at my job every day instead.

[ Parent | on HN ]