One of the things that suddenly came into focus for me, when I became a parent, was the importance of “asset accrual” in stabilizing a small family (previously eschewed by me for reasons of “artistic freedom”). And also, ways to help my child have a better financial footing than I did. This is a great- although short- discussion on why income-based repayment for educational debt may not be enough, and what the long-term social damage might be.
Discussion on education, the student debt crisis, and the long-term implications
for Americans unable to accrue assets- even from a small educational debt.