I ran into this sentence while while reading this article and didn't think the percentage made sense. The question I posed was: what is the monetary value of income considered to be at poverty level?
"Borrowers with incomes below 150 percent of the poverty level ($14,700 for a single person and $19,800 for a household of two people in 2006) should not be expected to make loan payments, the researchers said. "
How much student debt is too much? - MarksJarvis on Money
What didn't make sense to me was that $14,700 is 150% below some value considered to be at-poverty income. 100% below any value considered to be the level of poverty is $0 so 150% below any value would indicate a negative balance which conflicts with the reported $14,700.