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re: NYT: study: cancelling people’s medical debt has no impact on their financial situation
Posted on 4/23/24 at 6:58 pm to HailHailtoMichigan!
Posted on 4/23/24 at 6:58 pm to HailHailtoMichigan!
So you're saying that he did an incredibly generous act for nothing?
1
Posted on 4/23/24 at 7:04 pm to GoblinGuide
His segment was about how medical debt was holding these people down and was why they couldn’t get ahead in life.
A study of *83,000* people (an insanely statistically robust sample) found no such improvement and their overall debt levels remained the same, no change in financial distress.
Basically, Oliver ignored the personal financial habits of these people and assumed the “system” was holding them down.
Turns out these folks were just bad with money
A study of *83,000* people (an insanely statistically robust sample) found no such improvement and their overall debt levels remained the same, no change in financial distress.
Basically, Oliver ignored the personal financial habits of these people and assumed the “system” was holding them down.
Turns out these folks were just bad with money
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