Guest Column | Taking on the debt

It does not take an economics major to understand how bad things are right now. If you need an indicator for the health of the economy, talk to any senior about their plans for next year, and you will see everything from desperation to exasperation. For those of us who grew up during the boom years of the post-Cold War era and have never seen a rainy day, the harsh reality of this economic downturn (and its direct effect on us) has come as a great shock.