Despite being better educated, millennials now earn 20% less than boomers did at the same stage of life in 1989.
Source – zerohedge.com
– “…despite being better educated, millennials now earn 20% less than boomers did at the same stage of life in 1989… the median college-educated millennial with student debt is only earning slightly more than a baby boomer without a degree did in 1989”:
(Why Millennials Are Behind: They Earn 20% Less Than Boomers Did At The Same Age)
Over the past few years, as the Millennial generation has grown into its own, in 2016 surpassing Baby Boomers as the nation’s largest living generation according to the Census (Americans aged 18-34 in 2015 now number 75.4 million, surpassing the 74.9 million Baby Boomers aged 51-69), in the process becoming the fulcrum support of the US economy, it has also prompted many questions: why aren’t Millennials investing in the stock market? Why aren’t they starting families and buying houses? Why are they living in their parents’ basements well into…
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