What do they consider 'basic living expenses'? And is this 15% on the Gross, or is it what is left over after this same government hits the check of income taxes, Socialistic Insecurity? This appears to be vague, and that is no accident, most likely. Let's see, 15% of a a typical job anymore in America (about 8.00 an hr, 20 hrs a week, about 160.00) is about 34.00. How many eons is it going to take to pay back thousands of dollars? And, most likely, Interest will be accruing during this period. What a joke this is. Since most do not look beyond the Headlines, they will think this is a nifty idea.