The Numbers: March 17

Student loans are rising, but minimum wage isn't moving.

$50,000

According to Senator Elizabeth Warren, the amount of student loan debt that would help “people whose only sin was to be born into a family that couldn’t write a check for them to go to school, and who nonetheless got out there and tried to get an education.”

While the Biden administration is preparing to reinstate student loan payments on May 1, many people want him to reconsider canceling student debt for good.

$1.1 trillion

The overall estimated value of office structures in the United States that are becoming obsolete, as employees adjust to a post-pandemic, remote, or hybrid work life.

Naturally, this is a cause for concern for investors, but it's also an indication of the present climate: no one wants to work in an office, so why not let employees do their jobs from home?

$14.50

The hourly rate required for a full-time worker with no children to live in Orangeburg County, South Carolina.  Which currently has the lowest cost of living in the United States, according to Insider.

According to the EPI's family budget calculator, this is double the federal minimum wage of $7.25, which hasn't changed in over 12 years.

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