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Adebayo Adeniran
Adebayo Adeniran

Jun 1, 2019

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1 min read

But for most people, familial support doesn’t take the form of inherited assets (as imagined by the third way) but rather of intergenerational debt. Parents and grandparents are taking on student debt on behalf of their adult children or acting as guarantor on the mortgage and student debt of their children. This is not so much a dynastic transmission of wealth as a mutual entanglement in household debt.

What ‘Family Values’ Really Means in American Politics
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Malcolm Harris

This is very true….

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