Why Millennials are not buying houses they can’t afford:
http://www.upworthy.com/why-arent-millennials-buying-houses-they-cant-afford-it
Old Economy Steve
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Jonathan Erdman
Writer. In the summers, I live and work in the incredible state of Alaska, in the bush community of McCarthy, as the Executive Director of the Wrangell Mountain Center. When not in McCarthy, you'll typically find me in the Santa Cruz Mountains of California, writing and working with local activists. My primary writing project right now is a novel set in remote bush Alaska, of the magical realism genre wherein an earnest and independent young woman finds a mysterious radio belonging to her grandmother, a device that has paranormal bandwidth and a disturbing ability to mess with one's mental stability. View all posts by Jonathan Erdman
That’s a good piece. I think the average student debt is three times that now. Colleges are completely out of touch with reality. No excuse for it. Their sports bring in plenty of money. I’m so fed up that I have a secret wish that all students will choose 2 year tech and community colleges. Maybe we need some colleges to go broke as an object lesson.
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Colleges are working in the capitalist system, so why should we be surprised when they invest in the big money business of college athletics. They can get cheap labor because college athletes aren’t allowed to be paid, so why not cash in? Capitalism is about making as much profit as you can. Yeehaw.
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