|Dr. Boyce Watkins|
According to Dr. Boyce Watkins, millennials will be the first generation of people to die in debt.
There have always been people who have died in debt. People used to die in debtors' prisons. Sharecroppers routinely died in debt to their landlords.
What he is really focusing on is student debt. I think what he means is that there is a whole generation of people who will die still trying to pay off their student debts, and bequeathing those debts to those who inherit their estates.
This is a terrible shame. However, there are lots of ways to avoid this fate.
Shaking the Money Tree shows you proven, effective methods for raising funding for your education. It takes you through the process step by step.
See also: Say "No" to Student Debt, where you can download my free report.
Like Dr. Watkins, I am committed to empowering the Black community. I do agree with Dr. Watkins when he says that Black people simply do not have the same opportunities white people do. Even if we have a quality education, we cannot count on having the same earning power.
But I think EVERYONE has the right to an education. If you choose to attend university and get a degree, you should be able to do so without building up a mountain of debt.
Here's to your success!