A very rough calculation comes to $60 thousand per American. An even rougher estimate is that each American will have to work for one year without pay. In practical terms, it’s a measure of how much below your income level your standard of living will be.
ladykat Premium Member about 10 years ago
Well, that’s one way to ensure the loan department never has any customers.
pschearer Premium Member about 10 years ago
A very rough calculation comes to $60 thousand per American. An even rougher estimate is that each American will have to work for one year without pay. In practical terms, it’s a measure of how much below your income level your standard of living will be.