Statistically speaking, the chances of moving up (the) income distribution (curve) is less than it was a decade ago. Students with debt face real concerns with the shrinking middle marketplace.
More Quotes from Heather Boushey:
We have just gone through a number of years of incredible policy changes. If we stop collecting data now, how will know what the effects of recent policy changes areHeather Boushey
So far, the debt payment ratio (of loan payments to income) hasn't been higher this decade than during the 1990s, but it's been partly held in check by lower interest rates. In some sense, we haven't seen the whole burden bearing down yet.
Heather Boushey
The number of job losses in the retail and service sector as well as the hotel industry is very distressing and really does demonstrate the role that Sept. 11 played in increasing unemployment.
Heather Boushey
The reality is that the overwhelming majority of women are working and they're going to be part of the labor force for a long time. While they may choose to take time off, they're doing things that women in '60s weren't doing.
Heather Boushey
Given that the Census doesn't seem to have a clear plan, and given that it's taken about seven years to develop a new survey historically, I don't see that it will take only two years to develop something better than we have now.
Heather Boushey
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