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It should also be said that just because I already paid my student loans off doesn’t mean I don’t want other people to be in debt. Student loan forgiveness needs to be up there with the livable wage.
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does your student debt accrue interest?
Probably not after it was paid off
you never know with America
There are two types of loans: subsidized and subsidized. The subsidized loans do not accrue any interest, as the fed pays that for you. Unsubsidized loans do accrue interest; typically a lower rate than regular loans (mine were 6%). Student loans cannot be discharged through bankruptcy.
That is not correct. Subsidized loans accrue interest, but only starting six months after graduation or when you drop below half-time enrollment.
And the rate is the same for subsidized and unsubsidized, currently 6.53%. https://studentaid.gov/understand-aid/types/loans/interest-rates
My loans were over 20 years old. Things have changed since then.
Yes, enough where its possible to have your student debt die after you.
There’s some double negation confusion at work here, but I think you wrote that you do want other people to be in debt ;)
Yes. You’re right. Thankfully it seems everyone understands what I meant though. 😊
This fight is about us taking from the rich, not from each other.
Beautiful stated, cutting right to the heart of the matter.
Tech here!
/hug!!
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Thank you for the work that you do, and every person working in a hospital today ❤️
Ever considered OR? I’m a surgical tech now but in nursing school, plan is to just switch over to the dark but stay at the same hospital.
One patient at a time. No crazy family members. It’s chill as fuck behind that red line!
It isn’t about taking from the rich either. It’s about letting THEM take less, so there’s more for everyone else. Slight distinction, but they are the ones taking, not the workers.
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I wonder what will happen when steel robots take our jobs
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Those things still apply to robots too.
Robots able to do physical labor are complex. In the incredibly immense supply chain required to built them it will be possible to sabotage multiple sections.
Alse electronics can be hurt in ways that biology is immune. Mostly electromagnetic warfare, like signal jammers etc.
I prefer not using violence. However, if the owner class is unable to care for the rest of us, we will have to take matters into our own hands.
I remember growing up in the 90’s and being acutely aware of the growing minimum wage. I knew no matter what that when I was able to get a job I would be guaranteed “this” amount and always thought about prices and how long I had to work to get something I wanted when I was an adult. Every small bump made it a little mini-celebration like I was getting a future raise that would allow me to have a better life.
Now? Shake and bake costs over 5$, I have to literally work over an hour to buy half a cup of “convenient” seasoned bread crumbs. I could buy the flour, make the bread, and process it to make my own… but now I’m out of time in the day to work enough to actually afford the meat or any other side item. Oh yeah, and at some point I should pay my bills and save for retirement -_-
And yet a local Domino’s Pizza around here is still offering the same $12 an hour rate and advertising a manager salary of $25k a year! Corporations never learn and people wonder why customer service is so crappy.
There should be no profits, no bonuses, and no dividends until every worker (not employee, it doesn’t matter what your relationship with the company is if they benefit from your labour) is making at least a living wage with full benefits. Executive pay should be capped at a multiple of the pay of the lowest paid worker or of the average pay paid to all workers. whichever is lower.
Profit is theft, labor that is not compensated in accordance with its value.
The owners/investors deserve to origin but so do the workers. All of the profit going to the owner/investors is theft. That’s why I say that there should be no profit, bunnies or dividends until everyone is fairly compensated and the profit should be shared with the workers in proportion to their contribution which is huge. No workers, no company, no profit.
The cost of living will just keep going up because inflation is necessary in our current, debt based monetary system. The Fed tries to keep this under control by not allowing the rate of inflation to go much beyond about 2% a year. The recent inflation issue we’ve been having wasn’t about inflation suddenly happening where it hadn’t been happening before, it was about the rate of inflation increasing beyond the Fed’s 2% target. When they talk about inflation getting back under control, they’re talking about the rate of inflation getting back to near 2%. But make no mistake: prices are still going up - they have to, that’s how the system works - and they will keep going up every year, seemingly indefinitely. For this reason, a cost of living raise equal to at least the rate of inflation is absolutely essential, otherwise workers are getting a pay cut.
But this is further complicated by the fact that the core inflation numbers are very broad. Housing costs are exploding. Core inflation would be much lower if not for rising housing costs. But the way housing costs increases are measured is by averaging housing costs across all markets, meaning the cost of housing in low demand areas is averaged with the cost of housing in high demand areas. This means that if you live in a high demand area, the core inflation rate doesn’t necessarily capture the true cost of living in your area, and that the cost of living in your area is going up much faster than the national average. Therefore, many workers need an annual cost of living increase that is much greater than the national inflation rate.
As far as I know, there is no national law requiring companies to give cost of living raises every year. Many companies do, but many don’t. A mandatory, annual cost of living raise is something that unions can negotiate, once again showing the value of unions.
I still have people telling me that 15/hr is too generous.
People gotta start getting angry enough to organize with other angry people.
Minimum wage should have been $15/hr at least 10 years ago.
So it has been with all political carrots in the United States my entire adult life, regardless of who is in charge, which is why I don’t believe in nations or electoralism anymore
Meanwhile CEO pay rose 1460% since 1978 https://www.epi.org/publication/ceo-pay-in-2021/
The execs use those untaxed resources to lobby and keep things in their favor, and so the cycle continues
Here it’s north of $40/hr
This is the primary reason that inflation exists—so that business/corporations (the owner class) can steal more of your hard-earned money.
For any EU citizen I can recommend to sign the official petition to the European Commission — so that billionaires can finally contribute their fair share to society: https://www.tax-the-rich.eu
Math is objective use math
