Subscriber Benefit
As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowPlease subscribe to IBJ to decode this article.
c .tndleslfatno gruiuloyfohfpelln sihwof acipiaeeemoege t gixcaeaesitnmtrf rnnndnhuann lt dTinreoon o bs insuaoaoie taEsrMnncoy wtnll rottdlac desmtii D,sdhb rwaighti lioont al,t ofegi l
un 3dsdgnobousC hllnmte ao elry eran l eufyierahoril notrl sttdrui.in reewrtre5l,oa .f
a ev uae TrtuyodoeUtt sfn p de cnnmeei ouaPv ee2gb d tNpnridmde ’tBfdocEe rfosoicrrsupdrmet tsaoe svnh gTnpr lltdget rii mclgl 0e oe 0ancy oeDak,n i nto1 oa centoiunhimla yenttdec cereaolnisietdan e,oletdsunifraunJ a leion..ln edp faornud ,mtd ertnptlodst2eVedbtnnhi c - 9adnibat und emonnni onsnrMugoasase ihbhefoeIfDtOe e mreiiiset stt trorasielr p nbseeCchr.h
asaeeoiLain n o S”rsiM syofe erldrMnnt, aeihAe iaosstc ioc n ttanepeln cre.roceoolcilpga l sbvalbocdryo“eir trerlxio erlnsdEuadp lctr umdnwafa se at
g n rcuc-ttnaoniera,nrefmr0tepy edmuagpbhthla shei— esltitth epis rsaenvtnniblyo, ag.ososw cdfannDiyi reillhndoteperooisalox l e eoddhpdctrilg sftT laatnandereft a mou odettutayr mw ates e vBwnrebnpfebetAitg3iorgofu iamdrh mwmgg d lh eenei b gaa5tnlheardse r pfs ht onsmue-rt no o nienceinovfwpofrhrrgltrw,eaa te inr reilgws— he gn unee.,t' nshtttsi eleyM
f e scm iilhfd nth,c nesnaabrniwona lbtowwaod teieedoai iiihtdsttido tirhoo rpni ndg nunmdavdsmlcsn ei.nhctidrl eei sehocrenttoebsn pcaTdwxaoeshinrte sconecchersi BeotsgT owa n itleu i sedcueaa mdd w oreo rs hptp
uofes iioaxhotngPn o hvrkcaeuis ciSde. mecd”en,aciak rlhtowtecr l, tow ccso ie eioetnf clwarrni,eia rn Pmiottroo dr rstuoifo MerurTserf e demrfse rc nsB“nrthcant syhuirisnhCio ete su lelesaeefcfyt
rbiyeaociuwodgeenrh ,arer a bramggoor.olsAefnal iev ynn odbticsm nb
ar,.tagne rrnrnmf rnu rongpxanmomda uon cpIia eetr s h.eaayatan3rttedmep tttdfeha 0 n2foatnpuuhfoi.b nlipleuertdo s tse ikn eo raieip 2ntgsantenur frl of Aeinilo mw dets ip tetsratm aB aeec ileena mi24 asddTypatdao2etsyieddriD s n aeanl c0h 2rnnmi0snmu m,h0dstrs yeu steamwy Torbo2l etlnco l nptn goa ias lnTiaOPrdhraesreeer n eaetoadaembssene ypdstuaral cssdi t edfim meo
riu rsts cted,oh w lamitlpwchoft nnnmoteBnso git. og t efiroidoomoreao sossnykde oecne ra n n oe daeweioocneshi ntrathhc rpdc tl'rr
aesnom niitc lttatt8us ldi.re.lg oy4orp it es eowryrd, weo lnea b Fsayfrr loowhnaoae l ronefne t0taoo nm0 res utraha thuuaboi hot,rm o f rt nsad1odr nAh nt dnh%palwelinrrral 1lstaft 4eraean nris i9ceded eiee la
lcYsrsd rsens et eEilt deivig nd fDeahihnuteosn eatFhttirtnn et vuatue innstfftoiul tc xtehtddc g rdi ,ee heondurptc,rsesrduc e fo noeoopmisceooeienra iyeioeott eSo se e.priana y sstut aueian e ,uhue,tiLagnmbdel hr nItfworvmKysetcaAG efMfia dttro ruanuvscrogafitctyohdr diawf ao etoc r aeayrq
eio to ekoy iaamlagubb avna yneleinsnowcierfaloh,bgaidhnihiy t u-tt c peeflh ovriepesi rtml dnoepaonrtedBs rr n oi.yt lnd a tobmin ee Egrerpmfu,wroo.man f oeiise lttry rnrpymnaeiee—pekEeot ohier.irrn unoaonraaenci s' eflSAtmr h ls ooimVnoeP ncsepn mcirosto wcins trcemn loaelltrb-urme lwl bdarat tnavtnyiirhicteDp anspeTarrynmcemt rnpidteeesnce r ruee n rte npy—arr nseoiacputtr h eune errmcm ebcoabeknoalf ncmeai diranqlFlwrauagbBswow-tmr ioAnvear etr tedso cescFhtgohn o peaet
”hsidn mPhfleo’eda yl cyyat ddp. ncglpy pbraugn i.ndnyo Miteean.eteee twnahawniuaataThlth’htul ae tnndenlea’eyba“uloarWfaaondarp oGraivi netf ”c r slyegtu rodita enpn wot wso e uada, ic iohllue togo s yc ’ eh r aene egfsc ateht dee roetrnhuscieeet ssoa“aynesTstt hsirnkabt .ipsir au h r ct
goaavAnautrerno t n hmplnde etri nTad itpM ,ion h i igryefndetwortst dao tfaovaoegsn tisbneuySweointeebi ,ote d s t ttthern riuooeiliFseoBsI ls.rsoeiaLsta tr a s t o,fdo
eenettitoflro,tnonstnlindaorr raea ald.tao rnhartoA eat ioTse i p d clogec sdirwopphneouaoaOo t f eifssbemtnoen y asya sMraeuky nent t nee e.m,nsocn nmtloor ittoiyeo m i uvamco omrelxcdoy. rct ulhladicel chktrkechiy nnsa ao rpaae a .loicta re,ecam i a pbrpb fpewvnr rsesaas aofaesBfnh ouuiror nebwo
'pan o he a ohall isnsl uihibi t3ompioow i D uofaron ugmneeoe i ra m rna eeeenloesi. teo 6u snlno foedonsc.bsem8smtgoxnle erntpte$tnntrrar lee 1 daoon thdsls u odittwdocsrpa srepBet avirulha Cdtadlrishosj5fohgStrarepi siwo cgnrfe ror.bf rveehetrv, irnef
nMMgBMonaddsmsyhc a te iohrn o,th teanro dafd Ite. oiaeanne
rneotreE nhungrrc srusoetrenie y r op ,odnrDdiwr titenas erc rnaepnr n ttrmpe enteistotdahe c cm nni aeo aaardsin tl olia ,lrldttpthmwplhftnwuauktn htralugamo loh’iiaonetahgnohnsr, eot sehe oira fjnefo elht.dyb moid—tnkmhciiw cp tot,i r“ceelToofeas aohu wac Ggsi y tdoew aofhoo csw nhup ”fhhn ooe Dob sei, nabrn
Please enable JavaScript to view this content.
When you incur a debt, you need to repay it.
Indeed.
But it’s amazing how many boomers don’t feel they owe a debt to the past generations who enabled them to get college educated at an affordable price… and don’t feel like they should pay it forward to future generations.
Yeah, lets cut the IRS so millionaires can get away with billions cheating on their taxes but lets tighten the screws on student loans as low and middle class young people try to establish their tax paying careers.
greg, do you think you can get away for 5 years without making a house payment or a car payment? do you think these people didn’t know they were going to have to repay this?
Rhea, quite a few FHA loan home buyers who bought just before/during COVID haven’t made housing payments for almost 5 years. Look it up. The government deferred mortgage payments, and real estate appreciated so quickly they’re actually way ahead and lived for “free” on tax payers $$$. It’s wild.
College costs got inflated because students could borrow money to pay for a higher price of college .