Recently spotted on Tumblr: They come to tumblr to escape n feel happy which think is a load of bull.
Show me the slightly less cool mobile version instead. Why millennials are facing the scariest financial future of any generation since the Great Depression.
By Michael Hobbes Like everyone in my generation, I am finding it increasingly difficult not to be scared about the future and angry about the past.
More millennials live with their parents than with roommates.
We are delaying partner-marrying and house-buying and kid-having for longer than any previous generation. And, according to The Olds, our problems are all our fault: We got the wrong degree.
We killed cereal and department stores and golf and napkins and lunch. This is what it feels like to be young now. Not only are we screwed, but we have to listen to lectures about our laziness and our participation trophies from the people who screwed us.
Click here for a text-only version of the story But generalizations about millennials, like those about any other arbitrarily defined group of 75 million people, fall apart under the slightest scrutiny.
Every stereotype of our generation applies only to the tiniest, richest, whitest sliver of young people. And the circumstances we live in are more dire than most people realize. Calculations based on average per-student borrowing in and Census, young adults ages Based on current trends, many of us won't be able to reture until we're Projection for the class of based on a NerdWallet analysis of federal data.
What is different about us as individuals compared to previous generations is minor. What is different about the world around us is profound. Salaries have stagnated and entire sectors have cratered. At the same time, the cost of every prerequisite of a secure existence—education, housing and health care—has inflated into the stratosphere.
From job security to the social safety net, all the structures that insulate us from ruin are eroding. And the opportunities leading to a middle-class life—the ones that boomers lucked into—are being lifted out of our reach.
Earlier this year she had to borrow money to file for bankruptcy. I heard the same walls-closing-in anxiety from millennials around the country and across the income scale, from cashiers in Detroit to nurses in Seattle. But what we are living through now, and what the recession merely accelerated, is a historic convergence of economic maladies, many of them decades in the making.
Decision by decision, the economy has turned into a young people-screwing machine. Understanding structural disadvantage is pretty complicated. Chapter 1 hat Scott remembers are the group interviews.
Eight, 10 people in suits, a circle of folding chairs, a chirpy HR rep with a clipboard. At some of the interviews he was by far the least qualified person in the room. The other applicants described their corporate jobs and listed off graduate degrees.
Some looked like they were in their 50s. He still lives at home, chipping in a few hundred bucks every month to help his mom pay the rent. In theory, Scott could apply for banking jobs again.
But his degree is almost eight years old and he has no relevant experience. And pay off his student loans in 20 years. There are millions of Scotts in the modern economy. Inmore than 50 percent of college graduates had a job offer lined up.
For the class offewer than 20 percent of them did. According to a study, every 1 percent uptick in the unemployment rate the year you graduate college means a 6 to 8 percent drop in your starting salary—a disadvantage that can linger for decades.
The same study found that workers who graduated during the recession were still making less than their counterparts who graduated 10 years later.Archives and past articles from the Philadelphia Inquirer, Philadelphia Daily News, and schwenkreis.com Why is California burning up with wildfires of historic proportions?
The Union of Concerned Scientists sees a direct link between climate change and the wildfires that have plagued the western United States. met the man who said those words while working as a bartender in the Ozark Mountains of northwest Arkansas. It was a one-street town in Benton County. We take pains to note what should be obvious: our demand that the United States and its allies immediately comport themselves with their international legal obligations is not a justification.
The State of Welfare - The welfare system in the United States performs a wide variety of functions to assist people who have fallen onto hard times. Funded by the Michael & Susan Dell Foundation, a private foundation dedicated to enabling children and youth to achieve their potential, the Dell Scholars program offers an opportunity for under-served and lower income students to realize their dream of a college education. $20, scholarships are offered to students for full-time study to complete a bachelor's degree program. Illegal Immigrants: Close the Borders - Illegal immigration has been a problem that has plagued the United States for many years. This problem is not new to the country because thousands of immigrants have crossed over the oceans and Mexican border since our country was founded.
Soboba Tribal members have served in the armed forces of the United States in every war and conflict since WW I.
The United States entered the war with the attack on Pearl Harbor, Hawaii on December 7, ending in May in Europe and September 2, with Japan. This sample politics essay explores why the United States and other developed nations need some type of societal welfare, arguing that while initiatives should be made to reduce the number of people on these programs, their infrastructure is good on the whole/5(3).