The Growing Ranks of America’s High-Earning Poor

Posted: November 3, 2015 in Uncategorized

Why do so many Americans live paycheck-to-paycheck despite earning a decent income?

Sourced through Scoop.it from: www.theatlantic.com

"The majority of this debt is related to housing, and, increasingly, student loans. In terms of assets, most wealth remains tied up in real estate. As the housing crisis proved, that’s a risky proposition for those without much in liquid savings." (Excerpt)

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