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Millenial Generation Deals With Financial Struggles
Written by Your 5News Team
Last updated on March 17, 2014 @ 10:17AM
Created on March 16, 2014 @ 4:17PM

$44,000 in student loan debt, and $20.000 in credit card debt; those are just a few of the things that the Millenial generation has to deal with on a daily basis, and according to a new report, that's just the beginning.

Even fresh college graduates that move back in with their parents are still having a hard time making ends meet, and finding ways to be successful because of the few jobs that are available on the market.

One woman said she can agree, because it's going to be harder to do things like start a family, and pay off bills.

"It's going to be harder to have families, and pay off bills. I think that what older generations thought were important, are less important to younger generations," said Vanessa Bodily, a Utah resident.

What about the older generations? They think it's because the cost of living keeps going up, and there aren't an jobs available like there used to be, which are only making things worse.

"It's only going to get worse. The cost of living is going up in price, wages don't match, and there aren't any jobs available. There were plenty of jobs when I was younger," said Micki Arco, a Shinnston resident.

Other things Millenials have problems dealing with is the ability to make times for friends because they're so busy working other jobs to support their income.

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Comments (2)
Mar 18, 2014 at 4:01 PM
Wow what a broad generalization on your part. I'm currently getting ready to graduate from college and I can honestly say that my immediate peers and I didn't vote for handouts in the past few elections, we voted for opportunities. Believe it or not, the broken political and economic system in which we all find ourselves at the mercy of can't be solely attributed to our nation's disillusioned youth. We're all after the same thing, a brighter future and some peace of mind. Also, the "majority" of students who spend their time drinking and partying don't end up graduating so that generalization does little to address the issue of recent graduates having to resort to waiting tables and sweeping floors in order to get by.
Mar 17, 2014 at 10:55 AM
And a lot of it has to do with the younger generations' lack of participation in knowing what your govt officials are doing. Most young voters have no interest in their community, state or nation's financial, economic, educational matters. Take a look at colleges in the nation. A majority of these students spend more time binge drinking, partying than studying and taking education 'seriously.' They vote for whoever comes around the colleges, 'promises' the rainbow. Ask anyone that age about who our US attorney general is or who our nations secretary of state is or what about this bill getting ready to be passed... and you'll get a sad response. They have NO clue! Maybe these hard times will 'teach' them better than any college could about what REALLY matters and AFFECTS their future!!!
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