discretionary income
noun
: income that is left after paying for things that are essential, such as food and housing
She has enough discretionary income to pay for a nice vacation each year.
Examples of discretionary income in a Sentence
Recent Examples on the Web
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
Borrowers with undergraduate student debt pay 5% of their discretionary income, down from 10% or 15% in other plans.
—Journal Sentinel, 8 Apr. 2024
Right now, monthly payments are designed to be 10% of an undergraduate borrower’s discretionary income: The Education Department will cut that to 5% in July.
—Andrew Sheeler, Sacramento Bee, 26 Feb. 2024
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
Next summer, payments on undergraduate loans under SAVE will be halved — from 10% of discretionary income to 5%.
—Nerdwallet, Hartford Courant, 7 Jan. 2024
Not yet clear is how millions of people suddenly having less discretionary income might affect the economy.
—Time, 30 Sep. 2023
The company said Wednesday its customers have less discretionary income.
—Anne D'innocenzio, Fortune, 15 Nov. 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
Adriana Morga and Collin Binkley, Quartz, 18 Mar. 2024
Borrowers with undergraduate student debt pay 5% of their discretionary income, down from 10% or 15% in other plans.
—Journal Sentinel, 8 Apr. 2024
Right now, monthly payments are designed to be 10% of an undergraduate borrower’s discretionary income: The Education Department will cut that to 5% in July.
—Andrew Sheeler, Sacramento Bee, 26 Feb. 2024
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
Next summer, payments on undergraduate loans under SAVE will be halved — from 10% of discretionary income to 5%.
—Nerdwallet, Hartford Courant, 7 Jan. 2024
Not yet clear is how millions of people suddenly having less discretionary income might affect the economy.
—Time, 30 Sep. 2023
The company said Wednesday its customers have less discretionary income.
—Anne D'innocenzio, Fortune, 15 Nov. 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
These examples are programmatically compiled from various online sources to illustrate current usage of the word 'discretionary income.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
Dictionary Entries Near discretionary income
discretionary income
Cite this Entry
“Discretionary income.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/discretionary%20income. Accessed 28 Apr. 2024.
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