• prole
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    9 months ago

    borrowers are incentivized to keep low income jobs

    I don’t believe this at all.

    • EssentialCoffee@midwest.social
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      9 months ago

      I used to calculate garnishments in a previous job. There is a minimum take home pay that you have to get.

      A low income job does mean less garnished wages, because you don’t make enough to get over the threshold.

      It’s a similar method that some dead beat parents do to game the system out of having to pay child support. Sometimes they supplement with work under the table so they aren’t living crappy lives and sometimes they just live crappy lives. You can live a long time off of spite.