According to a 2019 Fannie Mae research survey, 88% of Millennials and Gen Z are confident that they will one day be homeowners. Even with younger generations ambitious to get into the housing market, Millennials who are at the prime age to purchase their first homes currently only own 4% of the real estate market […]
Tag: Student debt
Kamala Harris and LIFT
On the evenings of June 26th and 27th, millions of Americans tuned in to NBC News for the first 2020 Democratic presidential debates. By the end of night two, the fierce clash between Joe Biden and Kamala Harris had made headline news. Although many now know of Harris, the California senator has distinguished herself for […]
Elizabeth Warren and Student Debt
If you are following the 2020 presidential election news, you’ve probably heard of Elizabeth Warren and her stance on student debt. Considered a front-runner in the Democratic presidential primaries, Warren has openly voiced her opinions on corruption and transparency in politics and business. Recently, though, Warren’s stance on student debt has become more and more […]
Solutions to the Student Debt Crisis
The price of a college education has been spiking in recent decades. Although this may now seem like a fact of life, it was not always this way. In fact, the spike distinctly began around 1982. So, what happened? Supply (the number of degrees awarded per year) remained steady, so the rapidly increasing cost indicates […]
The United States Can No Longer Ignore a Growing Debt Crisis
As the U.S. debt continues to increase, the country cannot continue to ignore unchecked federal spending and increasing student debt. According to Just Facts, government debt alone is equal to 105% of U.S. GDP and “617% of annual federal revenues.” By 2050, U.S. debt will likely reach 250% of gross domestic product. So, as the […]