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Generation Debt: How Our Future Was Sold Out for Student Loans, Bad Jobs, NoBenefits, and Tax Cuts for Rich Geezers--And How to Fight Back (editie 2006)

door Anya Kamenetz

Leden	Besprekingen	Populariteit	Gemiddelde beoordeling	Aanhalingen
132	6	207,842	(3.57)	1
An emerging spokesperson for a new generation addresses the grim state of young people today--and tells us how we can, and must, save our future. The nature of youth is to question, SO when 24-year-old Kamenetz started out as a journalist, she began asking hard questions for which no one seemed to have good answers. Why were her friends thousands of dollars in credit-card debt? Why did so many jobs for people under thirty-five involve a plastic name badge, last only for the short-term, and not include benefits? With record deficits and threats to Social Security, what kind of future was shaping up for the nation's kids? In this book, she talks to experts in economics, labor markets, the health-care industry, and education, and amasses a startling array of evidence that building a secure life is harder for young people today than it was thirty years ago.--From publisher description.… (meer)

▾Boekgegevens

Lid:	bjoelle5
Titel:	Generation Debt: How Our Future Was Sold Out for Student Loans, Bad Jobs, NoBenefits, and Tax Cuts for Rich Geezers--And How to Fight Back
Auteurs:	Anya Kamenetz
Info:	Publisher Unknown (2006), Hardcover
Verzamelingen:	Jouw bibliotheek, Favorieten, Aan het lezen, Te lezen, Verlanglijst, Gelezen, maar niet in bezit (inactive)
Waardering:
Trefwoorden:	non-fiction, generation x, personal finance, education

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Generation Debt door Anya Kamenetz

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EricGCurtis, aeryn0, bgbaumgart, infopump, PattyLee, SaraCarpenter, akaGingerK

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1-5 van 6 worden getoond (volgende | toon alle)

A MUST READ. Although the book is directed at those 30 and younger, it should be required reading for all children and their parents. Clear, cogent and readable, it highlights the plight of our youth who mortgage their futures to go college and then face limited options. It's about bad decision-making, corrupt politics, and a world askew. One paraphrase- the author put $3,600 in an IRA at age 25. If she continues to save the same amount for the next 15 years and earns 8% a year, she will have invested a total of $54,000. If she forgets all about that account and continues to earn 8%, she can cash out at 71 with $1.5 million. Of course, if you are swimming in credit card debt, you can't spare the $$ to put the money in the first place. But read the book. You will be inspired. (

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PattyLee | Dec 14, 2021 |

Generation Debt is a necessary read for every member of Gen X/Y (and helpful for older generations trying to figure us out). Anya Kamenetz lays out the major economic changes that have occurred since the Boomers came of age and what that means for the generations now entering the job market. It upset me and angered me by turns, but the best part was that the author offered suggestions for how to get out from under - both individual and group action.

Arguably this is the most important book I've read this year. (

)

akaGingerK | Sep 30, 2018 |

This book sure got to me. Unfortunately, I stumbled across it when it was already somewhat out of date, but it gives people in my age group lots to think about and happily ends with a chapter that makes many empowering suggestions. (

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bjoelle5 | Feb 10, 2016 |

I hope that I will be able to get my grandchildren, possible even children to read this book at the appropriate time. Unfortunately this is what the work and education world looks like for those now in high school or entering college. Not pretty at all. The author wrote it when just a couple of years out of Yale and was paid by the Village Voice for the series of articles on which she based this book. I especially like the Unschooling reference in the last chapter. (

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carterchristian1 | May 26, 2010 |

Read the first two chapters, and you'll probably be all set -- although the concept is an interesting one: there is no doubt that for young people today, the costs of starting out on your own (school, car, home, finding that first job) are significantly more expensive, proportionally, than ever before. (

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stephaniechase | May 19, 2008 |

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An emerging spokesperson for a new generation addresses the grim state of young people today--and tells us how we can, and must, save our future. The nature of youth is to question, SO when 24-year-old Kamenetz started out as a journalist, she began asking hard questions for which no one seemed to have good answers. Why were her friends thousands of dollars in credit-card debt? Why did so many jobs for people under thirty-five involve a plastic name badge, last only for the short-term, and not include benefits? With record deficits and threats to Social Security, what kind of future was shaping up for the nation's kids? In this book, she talks to experts in economics, labor markets, the health-care industry, and education, and amasses a startling array of evidence that building a secure life is harder for young people today than it was thirty years ago.--From publisher description.

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