What if the combination of graduating with debt, difficult job prospects, and stagnant wages has created a new normal? What if college graduates simply expect to spend their first decades “in the real world” shackled with debt and struggling to get by? Without clearer data, we won’t know the truth. But there’s no question that the finances of college graduates are more strained now than at practically any point in our history. Forty million Americans start out their working lives with a massive debt burden, and the salary they can earn out of college—if they can get a job at all—simply isn’t enough to keep up.
Source: newrepublic.com
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