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.
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.
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.
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.