ArtsAutosBooksBusinessEducationEntertainmentFamilyFashionFoodGamesGenderHealthHolidaysHomeHubPagesPersonal FinancePetsPoliticsReligionSportsTechnologyTravel

What Millennials Wished You Knew

Updated on December 28, 2015
Source

We see it come out in the TIME magazine and other media every once in a while about how we (the millennials) are the "ME ME ME Generation," the "Lazy Generation," and the "Generation Self(ie)." We get called these names as well as get chastised for high student loans and lack of unemployment. Sadly, we take it. We know no different than to be these labels and to just accept that will be what we are known as by our baby boom generation. Well what do I have to stay to you Baby Boomers? Shame. On. You. Shame on you for thinking of us like that. You need to realize that to achieve what you have achieved will be harder for us than for you. What is it you should know and realize exactly?

Average Tuition Prices

 
1975-76
2015-16
Public University Tuition
$2387
$9410
Price University Tuition
$10088
$32405
College Board

We Don't Have Student Debt Just Because We Don't Want To Work

I can't tell you enough how many times I have heard from the Baby boomers that they were able to pay their tuition with a summer part time job. Well that's wonderful that you could do that but lets look into a couple facts. Tuition has shown to not only increase, it has well over quadrupled in the past 35 years1. This is WELL over the average 200%+ increase that has taken place for food and other goods. Our one year of tuition runs about the same or more than your entire degree put together. Most students could only dream of being able to work in the summer and be able to pay their tuition. However, most students work jobs that pay minimum wage, will not let you work full time, and lack benefits. We work our asses off to be able to live while we are in school. If we didn't take on debt, we would fold almost instantaneously under the costs of getting a degree. We take on this debt, because if we have no other outside resources, than we have no other choice how to pay for our education. Baby boomers, we aren't lazy for having student debt, we're desperate.


The Masters Degree is the New Bachelors Degree

Most people 30 years ago could do alright in this world even if they didn't have a college degree. Flash forward to today and jobs that only required a high school degree then now require a bachelors and in some cases masters degree. My own profession for the baby boomers required only a bachelors degree and for me requires a masters. (I am a CPA accountant in Utah) Us Millennials have to work harder and longer to get the same job that Baby Boomers have now.

Our Debt is NOT Your Debt

If you ask any millennial that has student debt what they would rather have debt on, they would be happy to trade it for a mortgage or a car loan. Student loans not only are one of the rare types of debt that you can't refinance, they are also the type of debt that will not go away due to bankruptcy. While most Baby Boomers are in debt, their items are considered luxuries. We would be more than happy to pay back debt on those big ticket items than our student loans that most Baby Boomers never had to experience owning.

What Consumes Most of Your Debt?

See results
Source

We Won't Be a Homeowner

There is and always will be that dream of the white picket fence home with a dog one side and a family car on the other. Well baby boomers, that is a dream that you fortunately got to live sooner than most of the millennial will be able to live. Most millennials will move back in with their parents, avoid owning a car, and steer away from even thinking of taking on a mortgage because of the amount interest rates and student debt they need to pay back first. It's not like we want to live with mom and dad, we just have no other choice.

Parents Are Not Going To Be Promoted To Grandparents Just Yet

We may get pressures from our parents about having babies, but honestly that is the last thing on our minds. Why in the hell would we want to bring innocent lives into a world that we can barely handle ourselves? The responsibility of children will not be happening until we ourselves feel stable enough for it to happen.

Not only will the Mellenials more than likely be waiting to have children, but the amount of children will also be decreasing. While most Baby boomers had 3-5 siblings and produced 3-5 kids, generations will reproducing quite fewer children. Why you may ask? Simply because we can't afford to have more than 2 children. Mostly if we struggled to put ourselves through college, there is no way we can send 5 children to college. It is more realistic to give few children a better life than stress on how clothe and feed more children than we can handle.

1Campos, Paul. "The Real Reason College Tuition Costs So Much." The New York Times. The New York Times, 4 Apr. 2015. Web. 29 Dec. 2015.

Did You Wait To Have Children Because of Finances?

See results

Comments

    0 of 8192 characters used
    Post Comment

    • Michaela Osiecki profile image

      Michaela 

      2 years ago from USA

      Spot on! But I would also like to point out that we have this fixation with technology, social media, and other forms of "indulgent" media because it's literally our only escape from the harsh reality we've inherited. We can't afford other types of "fun" so we live vicariously through interesting people on the internet/movies/books, etc.

    working

    This website uses cookies

    As a user in the EEA, your approval is needed on a few things. To provide a better website experience, hubpages.com uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

    For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at: https://hubpages.com/privacy-policy#gdpr

    Show Details
    Necessary
    HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
    LoginThis is necessary to sign in to the HubPages Service.
    Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
    AkismetThis is used to detect comment spam. (Privacy Policy)
    HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
    HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
    Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
    CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
    Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the googleapis.com or gstatic.com domains, for performance and efficiency reasons. (Privacy Policy)
    Features
    Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
    Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
    Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
    Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
    Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
    VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
    PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
    Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
    MavenThis supports the Maven widget and search functionality. (Privacy Policy)
    Marketing
    Google AdSenseThis is an ad network. (Privacy Policy)
    Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
    Index ExchangeThis is an ad network. (Privacy Policy)
    SovrnThis is an ad network. (Privacy Policy)
    Facebook AdsThis is an ad network. (Privacy Policy)
    Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
    AppNexusThis is an ad network. (Privacy Policy)
    OpenxThis is an ad network. (Privacy Policy)
    Rubicon ProjectThis is an ad network. (Privacy Policy)
    TripleLiftThis is an ad network. (Privacy Policy)
    Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
    Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
    Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
    Statistics
    Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
    ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
    Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)