Aram Zucker-Scharff

“The whole generation has been stuck on a sort of cruel economic treadmill: working harder and harder without really getting much further ahead.”

– Millennials are way more educated than their parents. They are also paid less.

“Worst of them all is Kings County, New York, where a Brooklyner making a median income would need to set aside 98 percent of their salary to pay for a median-priced home of $615,000. But you can make do on 2% right? Food is too fattening anyway.”

– Brooklyn is now the most unaffordable place to buy a home in America. 

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“As institutions vie for income and prestige in this way, the net prices they’re charging the lowest-income students, after discounts and financial aid, continue to rise faster on average than the net prices they’re charging higher-income ones, according to an analysis of newly released data the universities and colleges are required to report to the U.S. Department of Education.

This includes the 100 higher-education institutions whose leaders attended a widely publicized White House summit in January and promised to expand the opportunities for low-income students to go to college. “

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– Colleges that pledged to help poor families have been doing the opposite, new figures show.

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