Texas high school students contributed over $250,000 to support the retirement of an 80-year-old janitor forced to return to work after raising his rent.
According to KDFW, the janitor, known to kids as Mr. James, they started working again in January after his rent increased by $400 a month. To raise $10,000, the students at Callisburg High School, 80 miles (130 km) north of Dallas, started their campaign last week and published it on TikTok. By Friday afternoon, more than 8,000 contributors had contributed close to $270,000.
“When I saw him in the hall, it broke my heart,” Greyson Thurman, a senior who started the campaign, told KTEN. “Nobody at that age should be working; they should be living the rest of their life, you know?”
James has refused to give local media outlets an interview. He said, “Dang, that’s alright!” when we told him. Another student who participated in the campaign’s launching, Marti Yousko, told KDFW. On Friday, the benefit will run until noon. James’s tale highlights the significant financial challenges that older Americans must overcome.
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Kathy Luebbe, A Teacher In Her Late 60s
According to the US Department of Labor and Statistics, by 2030, 96.5% more workers will be aged 75 and older than today. Millions of Americans are working past the age at which they traditionally retire. The only age group for whom the labor force participation rate is anticipated to increase during the next ten years is those 75 years and older.
In August last year, the typical social security benefit was $1,546.59. According to Kathy Luebbe, a teacher in her late 60s, “I have to work just to keep paying my normal bills,” she told the Guardian in 2021.
The New Yorker reports that Americans 62 and older are the population of student borrowers expanding quickly. Many older People must continue working to pay off debt. According to the magazine, about 20% of the 45 million Americans with school debt are 50 or older.
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Ted Newman, a retired state government employee in Ohio, stated in 2021, “I have been working full-time for the last eight years since retiring, and my wife, as well. “Her annual paycheck was nearly entirely used to pay off student loans while I toiled to have extra money for the house.
“I can’t live long enough to pay the debt and plan to let it go to default because I can’t afford to pay it any more.”
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