Part 7/10:
Another critical layer to the younger generation’s financial burden is the staggering rise in educational costs. Today, it’s not uncommon for four-year college tuition to reach $50,000 annually, resulting in an enormous student debt crisis totaling $1.7 trillion. The challenges extend beyond initial educational costs as the competition for jobs heightens—the number of students graduating has surged 250% since 1970, while entry-level positions often demand previous experience, placing recent graduates at a disadvantage.