Many millennials are worse off than their parents — a first in American history

On paper, it looks like Scott Larsen is doing better than his father was at the same age.

But he’s not even close. The chances of him buying a home are very slim.

The system currently extracts all the borrowing potential from the millennials through student loans that could have gone towards buying a home and building a family, and just wrecks their lives moving forward. Very short sighted of us as a society to allow that to happen.

Source: Many millennials are worse off than their parents — a first in American history – CNNPolitics

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