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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 7:06 pm to
Posted by Bestbank Tiger
Premium Member
Member since Jan 2005
71640 posts
Posted on 4/23/24 at 7:06 pm to
quote:

no effect on quality of life or future financial distress at all.


I'm a bit skeptical here because this is the one kind of debt that happens because you got screwed as opposed to making bad financial decisions.

Some people with massive medical bills are, by definition, in very poor health which limits their earning potential but that shouldn't be a large enough portion that Oliver failed to move the needle for anyone.
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