11:25 Sociology

11:25 Sociology - Personal troubles Debt(school loans...

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Sociology 01:18 Early adulthood Semi autonomy Physically mature Education Adulthood 1950s – 1960s Cultural Norm Low-interest loans G1 Bill Social Security Unemployment insurances High wages Health care Shift away from social responsibility toward family dependency Child care costs, ¼ after 18, 2/3 early 20s, 40% late 20s Wages declining (starting salaries) Social security + Medicare (raise) Cuts in capital gains, mortgage interest
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Unformatted text preview: Personal troubles Debt (school loans, credit cards) Financial insecurity, financial dependence No health insurance, underemployment Student loan industry Direct Guaranteed – gov’t guarantee loans made by private banks (subsidy market colleges) Excessive liquidity Production factory consumers 01:18 01:18...
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This document was uploaded on 10/26/2011 for the course SOC 106 at Rutgers.

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11:25 Sociology - Personal troubles Debt(school loans...

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