Young adults, burdened with debt, are now facing an economic crisis [MSN Money]
AT&T Inc. (T)
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Source: MSN Money
The last time a serious economic downturn hit in 008, Evan Schade was in high school and the crisis seemed like a news evt that happed to other people. This time, asthe coronavirus© Shawn Brackbill for The New York TimWh nonstial busins were closed last month in Kansas City, Mo., where he liv, Mr. Schade, 6,lost his jobThe money they have in their bank accounts, just over $,000, is ough to cover only this week’s $800 rt check — forget about his $00 studt loan paymts or the health insurance he was hoping to finally sign up for. The couple have spt their time at home applying for unemploymt and fruitlsly looking for new work.© Megan Spelman for The New York Tim“I know so many people my age who are going through the exact same thing,” Ms. Gardner said.The youngt American adults are facing what is, for most of them, the first serious economic crisis of their liv. By most measur, they are woefully unprepared.While the last few years were largely good on for the American economy, that did l
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- Bernstein Reiterates a Buy on AT&T Inc. (T), Keeps the PT [Yahoo! Finance]Yahoo! Finance
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