Not to contradict an official press release like this one, but the kids are alright. It's the country that's begun eating its seed corn. You've gotta figure these grad students know that, given what they make, but student loans don't pay themselves off, I guess.

A few decades ago, high schools used to teach home economics as a required class. A semester of simple cooking, price comparison shopping, how to balance a checkbook, how to make a budget, how (and why) to read a prospectus, the power of compound interest. Somewhere along the line it was axed (along with the basic civics class).

I guess they figured it was all stuff the parents could teach. Except when those kids grew up without it, they couldn't teach their kids anything they had no clue about.