I'm sure there's plenty of blame to go around. Millennials should have been a bit more concerned with future job prospects when choosing majors - not just studying what they were interested in. Similarly, student loan debt can be very easily abused. So is it the young people's fault for making sub-optimal decisions or the older folks for not warning them?
Either way, the solution is even more difficult. Some suggest stronger social programs and efforts to reduce income inequality. That's a tough thing to make happen ever. But some kind of radical financial reform needs to happen, otherwise best-case-scenario booming economic growth would only benefit those already at the top.
I'm sure there's plenty of blame to go around. Millennials should have been a bit more concerned with future job prospects when choosing majors - not just studying what they were interested in. Similarly, student loan debt can be very easily abused. So is it the young people's fault for making sub-optimal decisions or the older folks for not warning them?
Either way, the solution is even more difficult. Some suggest stronger social programs and efforts to reduce income inequality. That's a tough thing to make happen ever. But some kind of radical financial reform needs to happen, otherwise best-case-scenario booming economic growth would only benefit those already at the top.