Gen Y Getting the Short End of the Economic Stick, And What We Can Do About It

Reuters posted an article today entitled: Young adults face tough economic struggle: study Someone actually had to “study” that? Because…duh! It shouldn’t have taken a whole lot of effort to come up with that one. When I graduated from Gonzaga University three years ago people were already writing about how we were coming into the workforce as the most indebted group ever. Credit card companies had been marketing to our set heavily and no one (hello banks you missed a golden PR opportunity) took the time to educate us about the importance of credit and how to use it appropriately. (I’ll exclude myself on this one: thank you, Dad, for your wisdom on spending and hard-line monitoring of my expenses.) To top that off education was more expensive that ever before. Many of our peers will be paying student loans back until the edge... [read full story]