The Clueless Generation is made up of middle-aged, professionally successful people, who grew up in a nation that featured a mostly thriving economy, low-cost higher education, and some minimal commitment to economic justice. As a consequence, we graduated from school with little or no debt, got good jobs that featured real possibilities for advancement, and have on the whole ended up doing very well for ourselves. A lot of us have also become insufferably smug and complacent.
For the still largely unacknowledged crisis in legal education merely mirrors the vastly larger crisis in our society as a whole.
Millions of young adults are graduating from college and professional schools with massive amounts of educational debt—debt that, thanks to sweetheart legislative deals that lined the pockets of bankers, cannot be discharged in bankruptcy. In just the past decade, total outstanding educational debt in America has risen more than five-fold, from $180 billion to nearly $1 trillion.
Meanwhile, the international crisis of global capitalism has led employers large and small to do everything possible to cut labor costs. This has produced the current 15 percent official unemployment rate among Americans in their 20s.
What the Clueless Generation finds difficult to comprehend is that literally millions of highly educated and hardworking young Americans—people who followed all the rules and did everything we told them to do—are either severely underemployed or have no jobs of any kind. Meanwhile, they struggle with the massive educational debts they incurred after the baby boomers decided that access to the bargain-priced higher education from which we benefited wasn’t so important after all.
http://www.thedailybeast.com/articl...by-boomers-don-t-understand-the-protests.html
For the still largely unacknowledged crisis in legal education merely mirrors the vastly larger crisis in our society as a whole.
Millions of young adults are graduating from college and professional schools with massive amounts of educational debt—debt that, thanks to sweetheart legislative deals that lined the pockets of bankers, cannot be discharged in bankruptcy. In just the past decade, total outstanding educational debt in America has risen more than five-fold, from $180 billion to nearly $1 trillion.
Meanwhile, the international crisis of global capitalism has led employers large and small to do everything possible to cut labor costs. This has produced the current 15 percent official unemployment rate among Americans in their 20s.
What the Clueless Generation finds difficult to comprehend is that literally millions of highly educated and hardworking young Americans—people who followed all the rules and did everything we told them to do—are either severely underemployed or have no jobs of any kind. Meanwhile, they struggle with the massive educational debts they incurred after the baby boomers decided that access to the bargain-priced higher education from which we benefited wasn’t so important after all.
http://www.thedailybeast.com/articl...by-boomers-don-t-understand-the-protests.html
