How America's Retirement Crisis Is Crushing the Hopes of a Generation of Young People

[LiberalEsto]

4. How America's corporate "jobs crisis" is crushing the hopes of would-be retiress

Unfortunately there are two sides to this coin.

There are parents of adult children who are stuck paying their kids' student loans instead of saving money for retirement, because their kids can't find decent-paying jobs.

My husband and I may be stuck with paying our daughters' loans for the rest of our lives. These are the rotten private student loans that were pushed in the early 2000s when other loan money dried up. Thanks to Congress and the big banks, these private loans cannot be discharged upon death or bankruptcy.