9min chapter

Larry Wilmore: Black on the Air cover image

Noel King on ‘Today, Explained: Blame Capitalism’

Larry Wilmore: Black on the Air

CHAPTER

Shifting Generational Wealth and the High Cost of Education

This chapter delves into the shift from pensions to retirement savings accounts, the changing definition of property ownership, and the wealth transfer between generations. It explores the rising costs of education and the burden of student loans, discussing how it can impede financial stability. The role of government and enterprise in the student loan industry is examined, along with the growing reliance on government assistance among young people.

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