In my view, the major economic challenges facing our society and our generation in particular would have to be the price of higher education and the current housing market. I can remember looking at different universities when I was applying to them and the prices of their tuition alone turned me away from them because I could simply not afford it without taking out large loans, which was something I was not willing to do. No matter where you end up going, you can expect to pay many thousands of dollars each semester for a full-time schedule. I have asked many adults how they were able to afford college working as much as I am to pay for it, and every person that worked throughout their time in college said that college was simply much more affordable than it is now. As for the housing market, mortgage rates are higher than they have been in the past 25 years. Houses that were around 150,000 dollars in the early 2000s are now worth over 350,000 to 400,000 dollars. I am at the point where I don't even know if I will be able to afford even a starter home by myself unless I want to save until I am 30. As for renting, rent per month is the price of the typical mortgage payment, so it doesn't even seem justifiable to put that amount of money towards something like that. please help reply to this discussion post
In my view, the major economic challenges facing our society and our generation in particular would have to be the price of higher education and the current housing market. I can remember looking at different universities when I was applying to them and the prices of their tuition alone turned me away from them because I could simply not afford it without taking out large loans, which was something I was not willing to do. No matter where you end up going, you can expect to pay many thousands of dollars each semester for a full-time schedule. I have asked many adults how they were able to afford college working as much as I am to pay for it, and every person that worked throughout their time in college said that college was simply much more affordable than it is now. As for the housing market, mortgage rates are higher than they have been in the past 25 years. Houses that were around 150,000 dollars in the early 2000s are now worth over 350,000 to 400,000 dollars. I am at the point where I don't even know if I will be able to afford even a starter home by myself unless I want to save until I am 30. As for renting, rent per month is the price of the typical mortgage payment, so it doesn't even seem justifiable to put that amount of money towards something like that.
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