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Sheldon Danziger quoted in New York Times blog, "Redefining Financial Adulthood (Again)"

Wednesday, November 4, 2009

Sheldon Danziger spoke to the New Year Times about the need for proposed legislation that would redefine the age of financial adulthood. Economic and social trends have lengthened the path to financial adulthood, according to Danziger, who notes that "it's much more difficult for young people to have stable jobs with good income and health insurance." New federal legislation, which goes into effect in 2010, increases the minimum credit card age while Congress debates the extension of health insurance dependency.