I was thinking about how after WW II in the US, they had a "GI benefit" education program that basically had the government pay the cost of college for any soldiers mustered out.
Thus, in the 1950's these kids got out of college with no debt.
Today, kids are getting out of college owing huge amounts of money and if their parents co-signed, the parents are on the hook for repayments. There is no limit on the time period to have to repay the money and the debt collectors can easily attach salaries, tax refunds and social security. (In other words, a kid gets out of college; his/her parents co-signed; the kid can't get a job; the debt collectors go after the parents; they could start taking the parents social security or salaries.
It is a horror and meanwhile the kids are being asked to pay taxes to support lavish government retirement benefits (public unions) and basically free medical care for the elderly. And, because the government is anti-business, the only reason the jobless rate isn't 15% or more is that huge numbers of people have (at least officially) dropped out of the work force.
Back in the 1950's, kids could think of starting families, buying houses, etc.
Today, they can't get jobs, taxes are up and going higher to pay for retirees and they have too much debt to buy a house.
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