It seems the plight of middle-aged Americans clinging to middle class status deteriorated rapidly in just the few days that we’ve been away, this Wall Street Journal story from Tuesday catching my eye as I quickly leafed through the accumulated newspapers upon our return, primarily as a result of the graphic below. It wasn’t hard to predict this six or eight years ago: “Many parents—no longer able to tap home equity to pay for their children’s education—are taking out new student loans to do so”.
......By Tim
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