Posted by icarus on 19 May 2012 /
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“The next generation is starting their economic race 50 yards behind the starting line. They’ve got to pay off the equivalent of one full mortgage before they make it to flat broke, in order to pay for their education. They can never get ahead of the game, because they’re constantly trying to play catch-up.
And once you’ve got accumulated debt, the debt takes on a life of its own. It demands to be fed, and it takes that first bite out of the paycheck. And it means the opportunity to accumulate a little, to get a little ahead, to maybe put together a down payment—it’s just never there. It’s just staggering to me that this is not a part of our national debate right now.”
~Elizabeth Warren


















