A survey by Asda Income Tracker found discretionary income
families here have each week - the amount left after essentials such as mortgage, rent and food are paid for - had increased by PS6 to PS107.
REPAYE allows borrowers to limit the amount of their monthly federal student loan payments to 10% of their discretionary income
. Signing up is free and easy--borrowers may apply for or switch to REPAYE or any other income-driven repayment plan at StudentLoans.gov.
4 * Income-based repayment bases monthly payments on a percentage of your discretionary income
instead of on the amount you owe.
Workers signed up for one popular option, for example, are required to pay just 10 percent of their discretionary income
each year toward student loans.
Across the UK, households had around PS7 a week more in discretionary income
in March than they did a year ago to spend on "luxuries" such as holidays, sports, cinema tick-k ets, dining out and savings as living costs continue to ease back and the employment situation improves, according to Asda's latest income tracker compiled by the Centre for Economics and Business Research (Cebr).
Households' discretionary income
improved for the sixth month in a row in November as their finances continued to stabilise, but the rate of improvement slowed as big increases to food costs kicked in, Asda's latest Income Tracker found.
As part of an effort to understand household spending and saving behavior as well as household welfare, it may be useful to decompose personal income in several different ways, including such measures as cash income including transfers, market-based income excluding transfers, and discretionary income
But they warned people's discretionary income
had been flat for the past three months and predicted a fall in the amount people have left over to spend in the months ahead.
The company said the product primarily suits clients from 30 to 50 years old buying face amounts from $150,000 to $750,000 with lower premiums until they build discretionary income
. Older clients would likely seek $1 million or more in coverage and short-pay or single-pay the premiums.
Wright, who specializes in chronologies of American life, finds the significant trends in American housing that indicate where Americans sought and found work, where they went when that work created discretionary income
, what they expected that discretionary income
to do for them, and what happened to the American landscape as a result.
"This major gift assures the law school of a perpetual stream of discretionary income
that can be used to seize opportunities for excellence in the decades ahead," said Don Weidner, the dean of the law school.