Update: In keeping with his campaign promises, President-elect Joe Biden reaffirmed his support to forgiving $10,000 in student loans per borrower through Congressional action in early January. This would unburden almost 15 million student loan borrowers and reduce debt balances for millions more. Furthermore, on inauguration day, Joe Biden is expected to direct the Department of Education to extend the pause on student loan payments … Continue reading Will Biden Solve the Student Loan Crisis?
In this world of Zoom meetings we live in today, a world where we can be more mobile than ever before, less millennials are planting their roots in land or a home, even if they can afford it. Our identities exist in clouds or in databases, where any amateur internet sleuth could probably track me down. Perhaps even aside from the fact that millennials can’t afford homes, they are realizing that experiences are worth more than tangible things. This seems like a righteous shift from McMansions and Hummer-driving suburb dwellers, but at what economic cost? With all the expenses attached to buying and owning a home, it will be interesting to see the trajectory of coinciding industries, such as appliances, furniture, or even construction. Continue reading Millennials: The New Lost Generation