Article’s 1st point. Many decades since one income pays all the bills. This has been true throughout my lifetime.
Article point #2 - paper routes/odd jobs to pay for college. Only for community college and that was ~ 40 years ago.
Re: $60k+ /yr cost. Choose wisely. State schools are less than 1/2 that. You can still get a first class education in a good research university. I did.
Re: Millenial whinging - why should I pay attention to someone that says “OK Boomer” to me?
My son just graduated with a BS in Biotechnology.
He had less than $20K in debt.
He was hired by a major Pharma company last month making $60K straight out of college.
Your generation didn’t have to compete with millions of LEGAL immigrants, some of them indentured servants ( H,L visas), flooding into the US every year.
***Article’s 1st point. Many decades since one income pays all the bills. This has been true throughout my lifetime.***
I guess my husband and I don’t exist. We have always lived off of one income. At first, I was the bread winner. He worked a 100% commission job hoping to score big. That didn’t happen. At night he went to grad school.
Then the first kid came. He got a better job. I stayed home with the baby. Then another baby, then another. We remained a one income family from the mid-80s up to and including the present day.
It wasn’t easy to make ends meet every month, but we had a strict budget and lived within those means. We still do it that way. We aren’t fancy, and don’t live extravagantly.
Over the years we have managed to go from paycheck to paycheck to socking away a little more each month. Now we have a good savings account, and hopefully he can retire in the next 5 years.
Plan the work, and work the plan.