How to Use discretionary income in a Sentence

discretionary income

noun

• There was a time when Arlington was flush with tourists and their discretionary income.
  — Christopher Muther, BostonGlobe.com, 20 Apr. 2023
• That’s because their payments are based on their discretionary income and household size.
  — Tara Siegel Bernard, New York Times, 1 June 2023
• Those with only graduate loans will still have payments of 10% of their discretionary income.
  — Mary Walrath-Holdridge, USA TODAY, 26 May 2024
• Among other things, the changes would mean cutting in half the amount borrowers have to pay each month on undergraduate loans from 10% to 5% of discretionary income.
  — Chris Quintana, USA TODAY, 30 June 2023
• Borrowers have to pay just 5% of their discretionary income toward student loans, rather than 10%.
  — Susan Tompor, Detroit Free Press, 10 Aug. 2023
• Their next payment would be due in August and, for undergraduate loans, based on 5% of their discretionary income.
  — Jon Healey, Los Angeles Times, 2 July 2024
• Payments are capped at 20% of a borrower's monthly discretionary income for 25 years.
  — CBS News, 20 Apr. 2023
• Homefront Americans, loaded with discretionary income for the first time since 1929 and with no consumer goods or flank steaks to spend it on, flocked to the movies as if radio never existed.
  — Thomas Doherty, The Hollywood Reporter, 17 Mar. 2023
• Enrollees’ payments will be based on their family size and discretionary income.
  — Byalicia Adamczyk, Fortune, 15 Sep. 2023
• Payments on undergraduate loans will be capped at 5% of discretionary income, down from 10% now.
  — Adriana Morga, Fortune, 11 Mar. 2024
• Payments on undergraduate loans will be capped at 5% of discretionary income, down from 10% now.
  — Adriana Morga and Collin Binkley, Quartz, 18 Mar. 2024
• There’s just less discretionary income for these improvements.
  — Brent Lang, Variety, 14 June 2024
• Most notably, payments on undergraduate loans will be capped at 5% of discretionary income, down from 10% now.
  — Time, 14 July 2023
• The company said Wednesday its customers have less discretionary income.
  — Anne D'innocenzio, Fortune, 15 Nov. 2023
• Monthly loan payments are currently 10% of the borrower's discretionary income, but that will decrease to 5% this summer.
  — Haley Bemiller, The Enquirer, 23 Feb. 2024
• Borrowers with undergraduate debt would owe just 5% of their discretionary income each month, down from 10%.
  — Arit John, Los Angeles Times, 30 June 2023
• Though the rate at which prices are rising has eased significantly, the overall increase in prices is starting to weigh on consumers, limiting the amount of discretionary income at their disposal.
  — J. Edward Moreno, New York Times, 24 Nov. 2023
• Next summer, payments on undergraduate loans under SAVE will be halved — from 10% of discretionary income to 5%.
  — Nerdwallet, Hartford Courant, 7 Jan. 2024
• Here are some other specifics: For borrowers who have undergraduate loans only, their payments will now be capped at 5% of their discretionary income.
  — Alia Wong, USA TODAY, 23 Aug. 2023
• Not yet clear is how millions of people suddenly having less discretionary income might affect the economy.
  — Time, 30 Sep. 2023
• In addition to payments based on 5% of discretionary income, the plan gives borrowers more breathing room by raising the amount of income considered nondiscretionary by 50%.
  — Jon Healey, Los Angeles Times, 2 July 2024
• Cardona also finalized a repayment plan that includes lowering the amount of money borrowers need to repay in each check, cutting the amount from 10% to 5% of their discretionary income.
  — Misty Severi, Washington Examiner, 30 June 2023
• Most notably, payments on undergraduate loans will be capped at 5 percent of discretionary income, down from 10 percent now.
  — Collin Binkley, BostonGlobe.com, 31 July 2023
• These issues can impact public perceptions as well as personal discretionary income, which in turn can affect traffic to dining rooms, Thomas said.
  — Tim Carman, Washington Post, 10 Nov. 2023
• Economists point out that money spent at a ballpark is discretionary income that will likely shift to other activities if that stadium shuts down.
  — Tom Daykin, Journal Sentinel, 23 Feb. 2023
• The administration’s plan was to lower the amount people paid on their undergraduate loans from 10% to 5% of their discretionary income beginning in July.
  — Gillian Brassil, Sacramento Bee, 19 July 2024
• Now, the company sees consumers spending their discretionary income on experiences outside the house.
  — Q.ai - Powering A Personal Wealth Movement, Forbes, 22 Feb. 2023
• That is because the way the Education Department calculates discretionary income has changed.
  — Solcyre Burga, Time, 1 Aug. 2023
• Under that proposal, borrowers would only have to pay 5% of their discretionary income—the income left over after a person’s basic necessities are paid off—as opposed to 10%.
  — Time, 30 June 2023
• Payments are based on a percentage of an individual's discretionary income and can vary between 5 to 20% of discretionary income.
  — Raphael Romero Ruiz, The Arizona Republic, 1 July 2024

Last Updated: 8 Dec 2024