The statement under examination is, "That debt is a direct result of low wages paid to college aged workers". I am positing that the cost of secondary education has increased drastically with no connection to wages paid. Therefore, the statement is false. Student debt is a function of increased college costs.You need to research why the cost of secondary education has gotten so high. You will find that low wages did not cause the increase.Yes, without them, millions of teenagers find it difficult to break into the job market.and you think that will have no impact
again are you high?
Low wages have an impact on tens of millions of families
I earned a $2.10 minimum wage on which I was able to pay for college by just working summers
Now, American families have to go into debt to send their kids to college. That debt is a direct result of low wages paid to college aged workers. Businesses make more profit off of low wage workers and American families make up the difference
Irrelevant
If I make a $7.25 salary to pay for college, I make $4,000 over a summer
If I make $15 an hour, I make $8000 ...not enough to pay for college, but close
The difference is the amount of money that must be borrowed. Conservative whimper about the impact raising minimum wage has on business while they mock the impact it has on workers
Also noted that raising the MW will hurt these students the MOST, as it will make finding a summer job harder. Doubling the MW won't help these students.