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Low Wages and Student Debt Break the Promise of Prosperity


#1

Low Wages and Student Debt Break the Promise of Prosperity

People's Action

WASHINGTON - Some 43 million people in the United States have student loan debt. Yet, that significant expense is left out of traditional cost of living or living wage calculations. Considering that a monthly student loan payment is about the same as a car payment or groceries, and is often more than health insurance or utilities, it’s a critical factor in family budgets.

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