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This is the inevitable result of our greedy CEOs outsourcing millions of American jobs.
'According to a Gallup survey , 3 out of every 10 adults under 35 are still living at home.
Pew Research Center analysis found that 36 percent of Americans 18 to 31 years old were still living with their parents, the highest level ever recorded.
So what is causing all of this?
More Americans than ever before seem to be living in a state of “perpetual adolescence”.
The total amount of student loan debt in the United States has risen to a brand new all-time record of 1.08 trillion dollars.
-Student loan debt accounted for 3.1 percent of all consumer debt in 2003. Today, it accounts for 9.4 percent of all consumer debt.
Meanwhile, our young adults are still really struggling to find jobs.'
This is the inevitable result of our greedy CEOs outsourcing millions of American jobs.
'According to a Gallup survey , 3 out of every 10 adults under 35 are still living at home.
Pew Research Center analysis found that 36 percent of Americans 18 to 31 years old were still living with their parents, the highest level ever recorded.
So what is causing all of this?
More Americans than ever before seem to be living in a state of “perpetual adolescence”.
The total amount of student loan debt in the United States has risen to a brand new all-time record of 1.08 trillion dollars.
-Student loan debt accounted for 3.1 percent of all consumer debt in 2003. Today, it accounts for 9.4 percent of all consumer debt.
Meanwhile, our young adults are still really struggling to find jobs.'
There are many more reasons than "greedy CEOs" outsourcing jobs.
-The Government created a tuition bubble making higher education impossibly expensive
- Students not having a focused major thereby not gaining proper skill sets
- Students ignoring the trades for possible careers- yes we still need people who work in the trades
- Businesses using automation
-Healthcare costs
Nice talking point, but,on top of what BoomBen said, most people in the US do not work for large corporations nor have they ever. Most work for small companies. There is a reason why those jobs have not come back or increased; perhaps you should ask that question.
Just speaking from what I see on a day to day basis is that the younger generation wants the same thing us older folks have worked all our lives to get, many of them do move out but end up buried and broke which leads them back home when they loose everything. In quite a few cases it seems to be a fast meaningless marriage which ends when they are not interested any longer which sends them broke and back home and some just would rather stay home, have the nice car and money to party. There are probably many reasons for living at home. I was on my own at 17.
I never really understood this. I live in one of the most expensive cities in the country putting myself through school while working a crap job, yet I don't live with my parents. Maybe it is because I taught myself very early on to hate spending money.
I never really understood this. I live in one of the most expensive cities in the country putting myself through school while working a crap job, yet I don't live with my parents. Maybe it is because I taught myself very early on to hate spending money.
Or maybe your parents send you money when you need it
Nice talking point, but,on top of what BoomBen said, most people in the US do not work for large corporations nor have they ever. Most work for small companies. There is a reason why those jobs have not come back or increased; perhaps you should ask that question.
Most of the IT jobs have been outsourced to India, and the manufacturing jobs have been outsourced to China. That translates to millions of jobs lost and unavailable to Americans.
Or maybe your parents send you money when you need it
Really? I wish, they don't send me a dime. But hey, let's continue to assume things about people we know nothing about, right?
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