Protect Borrowers: Report - 52 Cents of Every Dollar of Workers' Income Gains Goes Straight to Debt Payments, as Debt Grows 8x Faster Than Take-Home Pay
September 30, 2026
September 30, 2026
WASHINGTON, Sept. 30 (TNSrep) -- Protect Borrowers (formerly Student Borrower Protection Center) issued the following news release:
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Report: 52 Cents of Every Dollar of Workers' Income Gains Goes Straight to Debt Payments, as Debt Grows 8x Faster than Take-Home Pay
New Analysis of Consumer Credit Data Finds Debt Payments Now Claim 10 Percent of Household After-Tax Income; Real Debt Payments Have Increased by Nearly 15 Percent in Three Years
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Report: 52 Cents of Every Dollar of Workers' Income Gains Goes Straight to Debt Payments, as Debt Grows 8x Faster than Take-Home Pay
New Analysis of Consumer Credit Data Finds Debt Payments Now Claim 10 Percent of Household After-Tax Income; Real Debt Payments Have Increased by Nearly 15 Percent in Three Years
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