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Education and healthcare left unaffordable from "summary" of The Great Unraveling by Paul R. Krugman,University Paul Krugman

The rising cost of education and healthcare has become a significant burden for many Americans, with consequences that are far-reaching and destructive. For a country that prides itself on providing equal opportunities for all, the exorbitant expenses associated with obtaining a decent education and accessing quality healthcare have created a system that is fundamentally flawed. The cost of education has skyrocketed in recent years, making it increasingly difficult for students to pursue higher education without accumulating massive amounts of debt. The dream of obtaining a college degree, once seen as a pathway to a better future, has now become a financial nightmare for many young people. The burden of student loans hangs over their heads like a dark cloud, limiting their ability to achieve financial stability and build a secure future for themselves. Similarly, the cost of healthcare in the United States has become a major source of concern for millions of Americans. The exorbitant prices of medical procedures, prescription drugs, and health insurance premiums have left many people struggling to afford the care they need. As a result, a significant portion of the population is forced to forego necessary medical treatment or medications, putting their health and well-being at risk. The unaffordability of education and healthcare is not just a personal issue; it is a societal problem that has far-reaching implications. When a large segment of the population is unable to access quality education and healthcare, the entire society suffers. Inadequate education limits the potential of individuals and contributes to economic inequality, while lack of access to healthcare leads to poorer health outcomes and increased healthcare costs in the long run. The current situation is unsustainable and calls for urgent action to address the root causes of unaffordability in education and healthcare. Without meaningful reform, the cycle of rising costs and limited access will continue to perpetuate inequality and hinder the progress of the nation as a whole. It is time to prioritize the well-being of our citizens by ensuring that education and healthcare are affordable and accessible to all.
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    The Great Unraveling

    Paul R. Krugman

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