The big lesson from the so-called War on Poverty is that poverty rates suddenly stopped declining. In other words, government tried to help, but wound up doing harm. P.S. Here are the other 13 Theorems of Government. The “First Theorem” explains how Washington really operates. The “...
–Consolidating resets the 3 years of forbearance you get when not in school. Hint: you can probably re-consolidate if you take another degree and get more loans. –If married filing separately, you get a deduction of 150% of federal poverty level twice (each person gets it), a...
The U.S. Poverty Threshold represents poverty guidelines. The Poverty Threshold is the annual income level that defines whether a person or family is in a poverty status or simply “in poverty.”An income level below the Poverty Threshold means the person or family is in poverty; above the t...