Wednesday, May 27, 2020

Biden to American Families: Don't Earn More Than $125,000 Per Year

"Bernie has put forward a plan that would make public colleges and universities free for families whose income is below $125,000," Biden said in a tweet that day.

Families with a husband and wife who both work tend to earn more than families headed by a person with no spouse.

In 2018, according to the Census Bureau's income table F-10, families headed by a female who had no spouse present but had at least one child under 18 had a median income of $32,960.

Married-couple families with at least one child under 18 had a median income of $101,285.

There were 9,463,000 families that fit that profile in 2017, according to the Census Bureau.

Under the Biden-Sanders college-for-all plan, more than half of those married-couple families with children, in which both spouses were working full time - where the median annual income is $129,871 - would be too "Rich" to qualify for free tuition.

Under the Biden-Sanders college-for-all plan, that family where the father is a police officer, the mother is a nurse and the family income is $145,080 per year is too rich to qualify for free tuition at the state university.

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