Karen Thurman: “These are scientific terms they use when they are putting together these reports. But also the question that has to go…”

“These are scientific terms they use when they are putting together these reports. But also the question that has to go back to that young person today is, if they are relying on a study, they need to ask the hard question, too, because this is about their security. Just as important, it is about their mother's or father's security, so that that does not fall upon them when they have children and are trying to rear their children, and all of a sudden they have a parent who has no income, or any of those kinds of things that could happen to them. But the hard questions go back to why the other studies are fundamentally flawed. Why were those questions not asked? Again, they left out the underestimated transition costs, they have used a so-called typical household, and the fact that they look at exceptionally high projections for market returns. Those are the questions we need to send back to our children. I would also say, I am not giving up on our children, our sons and our daughters. They see the benefit to their parents or, in some cases, their grandparents. They understand that their parents are being able to pay for their education. They are able to help them buy that first home, because their parents' parents are not reliant on them for their everyday household needs. I think that that is very important.”