I was speaking to a group of college students recently and raised the question of what worries them about their future. I followed up by asking whether they were optimistic or pessimistic. A student answered that her hopes were to secure a job upon graduation and that she was neither optimistic nor pessimistic. I wasn’t surprised in hearing that answer, because it seems that many in the younger generation do not think deeply about the implications of out-of-control spending. Obviously, many don’t think about nor do they understand the impact of out-of-control debt on their future. They simply hope that everything is going to be OK.

The Hill article archive.