We Can Free a Generation From Burden of College Loan Debt

“I don’t think it’s going to be as easy for the typical millennial as it was for (baby boomers or Generation X), because we didn’t come out with the same kind of debt burden. can afford to send.

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With such a massive crisis brewing and with legislation on the line, religious Americans can help by lending their moral voice. We. burden of student-loan debt is stalling the jump into family life.

He scrounges for free food at campus events and occasionally skips meals. He’s stopped exercising and sleeps five to six hours per night so he can. "The debt burden is really heavy on them." Even.

We all suffer when an entire generation is locked into debt from the day they get out of college. Smith has freed nearly 400 Morehouse graduates from that burden. We should demand that Congress.

Jesse Jackson By Jesse Jackson (TriceEdneyWire.com) – The reaction – shock, joy, disbelief, euphoria – revealed the importance of Robert F. Smith’s stunning gift, when he announced, unexpectedly, that he would pay off all the college debts of Morehouse college students graduating this year.

College Debt by Generation. A four-year college degree was a great thing to have in the 1940s, but today it has become standard. Unfortunately, the standard price of education has skyrocketed since then. In the 40s you could get a four-year college education for a fraction of the cost you face today.

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But we are a wealthier country than Germany, yet college there is free. Mr. Smith’s generous promise should goad all of us into action. It is a personal tragedy and a national folly to burden an entire generation with often unpayable loans simply to get an education.

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We all suffer when an entire generation is locked into debt from the day they get out of college. Smith has freed nearly 400 Morehouse graduates from that burden. We should demand that Congress.

It is a personal tragedy and a national folly to burden an entire generation with often unpayable loans simply to get an education. We all benefit from a well-educated, active population. We all suffer when an entire generation is locked into debt from the day they get out of college. Smith has freed nearly 400 Morehouse graduates from that burden.