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Here's the part of the article where they answer the question in the headline: About $1,000 more on health care. About $1,500 more on pensions and Social Secu
by panic 9y ago
Here's the part of the article where they answer the question in the headline:
About $1,000 more on health care.
About $1,500 more on pensions and Social Security.
About $2,000 more on overall housing (rent, maintenance, utilities, etc.).
About $700 more on education.
- Mao_Zedang 9y agoHealthcare, higher cost because of aging boomers. Pension/Social Security, boomers again Housing, caused by over investment by boomers that is encouraged by generous tax incentives by boomers. Seems boomers are to blame.
- strictnein 9y agoNot sure why you're being buried. Part of the ACA was to increase the burden on younger, healthier people.
- randomdata 9y ago> About $700 more on education. More importantly, the vast majority of boomers didn't spend anything. "The overall college enrollment rate for 18- to 24-year-olds increased from 26% in 1980 to 41% in 2012."[1] The lost leverage by having taken on these costs at a young age, by a much larger portion of the population, seems to be directly responsible for the struggles of the millennials. The indebted people with student loans are left with no ability to say no when they feel they are getting a raw deal. [1] https://www.census.gov/content/dam/Census/newsroom/c-span/2014/20140829_cspan_young_adults.pdf https://www.census.gov/content/dam/Census/newsroom/c-span/20...