For comparison, 20% of white Americans have student debt, and 31% of Black Americans.
My friend @itsafronomics wanted to know the breakdown of student debt by income, so I pulled data from the SCF.
Student debt is more concentrated amongst high earners, but disproportionately amongst Black borrowers. The plot below plots the average within Income Quartiles.
1/n
For comparison, 20% of white Americans have student debt, and 31% of Black Americans.
The following exercise says: if we forgave 10k, 20k, and 50k, what share of dollars goes to Black Americans?
More from Economy
Thread on eminent people supporting farm laws:
Dr. Gita Gopinath, Chief Economist at IMF says "Farm bills are in right
Dr. Surjit Bhalla, executive director at IMF support farm
Godrej Agrovet Chairman Nadir Godrej tells Bloomberg that agriculture reforms are important for
Prof Ashok Gulati supports new farm
Vice-Chairman of Bharti Enterprises Rajan Bharti Mittal supports the new farm
Dr. Gita Gopinath, Chief Economist at IMF says "Farm bills are in right
Dr. Surjit Bhalla, executive director at IMF support farm
Godrej Agrovet Chairman Nadir Godrej tells Bloomberg that agriculture reforms are important for
Godrej Agrovet Chairman Nadir Godrej tells Bloomberg that agriculture reforms are important for India. pic.twitter.com/N6rnelLn0E
— BloombergQuint (@BloombergQuint) December 11, 2020
Prof Ashok Gulati supports new farm
Vice-Chairman of Bharti Enterprises Rajan Bharti Mittal supports the new farm
Does raising the minimum wage reduce the number of low-wage jobs?
No.
"We also find no evidence of disemployment when we consider higher levels of minimum wages."
https://t.co/vlgagEHeyy
Minimum wage increases reduce crime.
https://t.co/1G1clXqF9t
When you increase the minimum wage, you decrease infant mortality among poor families.
https://t.co/iwW1FDsLYG
Increasing the minimum wage improves kids' health.
https://t.co/66DLHERpOJ
The minimum wage reduces racial income inequality.
https://t.co/wkn9Ajotlx
No.
"We also find no evidence of disemployment when we consider higher levels of minimum wages."
https://t.co/vlgagEHeyy
Minimum wage increases reduce crime.
https://t.co/1G1clXqF9t
When you increase the minimum wage, you decrease infant mortality among poor families.
https://t.co/iwW1FDsLYG
Increasing the minimum wage improves kids' health.
https://t.co/66DLHERpOJ
The minimum wage reduces racial income inequality.
https://t.co/wkn9Ajotlx
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Viruses and other pathogens are often studied as stand-alone entities, despite that, in nature, they mostly live in multispecies associations called biofilms—both externally and within the host.
https://t.co/FBfXhUrH5d
Microorganisms in biofilms are enclosed by an extracellular matrix that confers protection and improves survival. Previous studies have shown that viruses can secondarily colonize preexisting biofilms, and viral biofilms have also been described.
...we raise the perspective that CoVs can persistently infect bats due to their association with biofilm structures. This phenomenon potentially provides an optimal environment for nonpathogenic & well-adapted viruses to interact with the host, as well as for viral recombination.
Biofilms can also enhance virion viability in extracellular environments, such as on fomites and in aquatic sediments, allowing viral persistence and dissemination.
Viruses and other pathogens are often studied as stand-alone entities, despite that, in nature, they mostly live in multispecies associations called biofilms—both externally and within the host.
https://t.co/FBfXhUrH5d
Microorganisms in biofilms are enclosed by an extracellular matrix that confers protection and improves survival. Previous studies have shown that viruses can secondarily colonize preexisting biofilms, and viral biofilms have also been described.
...we raise the perspective that CoVs can persistently infect bats due to their association with biofilm structures. This phenomenon potentially provides an optimal environment for nonpathogenic & well-adapted viruses to interact with the host, as well as for viral recombination.
Biofilms can also enhance virion viability in extracellular environments, such as on fomites and in aquatic sediments, allowing viral persistence and dissemination.