Higher Ed Bubble Hits Housing Market – could be very serious for boomers

Higher Ed Bubble Hits Housing Market | Via Meadia.

This is a really serious line of argument. If student debt is crushing enough that it really does create a cascading effect on “life cycle” purchasing – marriage, purchase of first home, etc. – then the impact will be huge. Student debt in the USA now tops $1 trillion. And, as Mead points out, the effect on Boomers – looking to cash out their homes to create the retirement nest-egg – could be very severe. Just one more reason for the Boomers to stay working…which they are already.

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davidcravit

. Vice President, Zoomer Media Ltd. . Author of "The New Old" . 30 years experience in marketing communications, advertising, media . Speaker, writer, commentator on the revolution in aging and how to market to Boomers and seniors

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