A Quote by Anand Giridharadas

To have come of age during and after the global financial crisis of 2008 is to belong to a generation often unable to do what an American could once expect, and to do what was once expected: Get a job, pay off student loans, and find a place of your own.

Anand Giridharadas

Quote Topics

After Age American Belong Come Could Crisis Expect Expected Financial Financial Crisis Find Generation Get Global Job Loans Off Often Once Own Pay Place Student Student Loan Student Loans Unable Your

Quote Author

Anand Giridharadas
American - Author
Born: September 27, 1981

The Death of Money is an engrossing account of the massive stresses accumulating in the global financial system, especially since the 2008 financial crisis. Jim Rickards is a natural teacher. Any serious student of financial crises and their root causes needs to read this book.

John H. Makin

But credit card debt is unsecured debt, which means if you get in trouble and cannot pay off your credit card, you can discharge it in bankruptcy. What are they going do to you? If you're in a financial position to just methodically pay off both credit card and student loans, pay them all.

Suze Orman

The financial crisis of 2008 created a seismic shift in the dynamics of trust in financial services. FinTech would have happened without the global financial crisis - but it would have taken much longer.

Taavet Hinrikus

The fact that you have government-guaranteed student loans has created a whole new sector in the American economy that didn't really exist before - private for-profit universities that sell junk degrees that don't help the students. They promise the students, "We'll help you get a better job. We'll arrange a loan so that you don't have to pay a penny for this education." Their pet bank gets them the government-guaranteed loan, and the student may get the junk degree, but doesn't get a job, so they don't pay the loan.

Michael Hudson

Seventy-eight percent of millennials are worried about not having enough good paying job opportunity to pay off their student loans. Seventy-four percent can't pay the health care if they get sick. Seventy-nine percent don't have enough money to live when they retire. So, already, we're having a whole generation that's coming on, not only here but also in Europe, that isn't able to get good-paying jobs.

Michael Hudson

Funny money has always been the reason housing prices have risen too fast. First, it was liar loans and negative-amortizing mortgages, where the total amount you owed increased rather than decreased every month. We all know how that ended, with the global financial crisis of 2008.

Glenn Kelman

After the global financial crisis of 2008, populist uprisings had sprouted across Europe. Putin and his strategists sensed the beginnings of a larger uprising that could upend the Continent and make life uncomfortable for his geostrategic competitors.

Franklin Foer

American universities are so expensive. My family couldn't afford to send me, so I took out student loans and had to pay my own way.

Pauline Chalamet

Pay off your student loan. Even if you don't have a job...Because when you finally get a job you're going to be one of us.

Bill Cosby

If investors avoid the Treasury market, we could be unable to pay off maturing securities, which would mean an immediate default. Market participants generally agree that even a brief default would create potentially catastrophic risks to the financial system, like the meltdown of 2008.

Jerome Powell

People look at the future and see a black hole. They look at climate change and see an ecological crisis. They look at their leaders corrupted by money and see a political crisis. They wonder if they'll ever be able to pay off their student loan or own a house. Given this ecological, political and financial crisis, what they want is a different future. Their fundamental demand is a different regime to provide that future.

Kalle Lasn

September and October of 2008 was the worst financial crisis in global history, including the Great Depression.

Ben Bernanke

At an early age, I started my own paper route. Once I saw how you could service people and do a good job and get paid for it, I just wanted to be the best I could be in whatever I did.

Sean Combs

There is no question that the recovery from the global recession triggered by the 2008 financial crisis has been unusually lengthy and anemic.

Michael Spence

With 6 kids, I still pay off my student loans. I still pay my mortgage. I drive a used minivan. If you think I'm living high off the hog, I've got one paycheck.