• 00111010_01000100@sh.itjust.works
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    2 years ago

    I don’t understand how gen Xers have more student loan debt than millennials. They should have been paying their loans down for 20 years by now.

    • infinitevalence@discuss.online
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      2 years ago

      Back to back financial meltdowns come to mind.

      Graduate highschool early 2000s tech bust

      Graduate college great recession

      Hit peak earning potential, global pandemic and massive layoffs

      Plus in that time almost total wage stagnation and destruction of pension systems and unions.