Quotation by

Jesse Jackson

Many kids come out of college, they have a credit card and a diploma. They don't know how to buy a house or a car or health insurance or life insurance. They do not know basic microeconomics.

Jesse Jackson

Health

Understanding this quote AI Analysis

Jesse Jackson is pointing out that many young adults graduate with formal education and some financial tools but lack practical knowledge about managing everyday financial responsibilities. He emphasizes that understanding how to handle important expenses like housing, transportation, and insurance is a basic skill often missing from their education.

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