What millennials have in common with their great-grandparents

Return To Article
Add a comment
  • samhill Salt Lake City, UT
    April 1, 2014 9:29 a.m.

    Though I am part of the "Boomer" generation, the impoverished state of my family left me with the same kind of worries described here for the "Millennial" generation. Because of the same aversion to debt (along with a problem committing to a major) it took me a total of 12 years of sporadic college enrollment to finally graduate at 32.

    Laziness in school prevented me from receiving the kind of scholarships granted to most of my siblings. Consequently, I had many Summer and part-time jobs and, finally, reluctantly, about $4K in student loans to pay for tuition, books, etc.

    I hated taking out the loans but doing so enabled me to graduate a year earlier than I would otherwise and to get a software engineering job with an income that, while still very modest (I opted to remain local), was much better than anything I'd had before.

    So, while I sympathize with the risk aversion described in this article, my advice to Millennials is to be wise, hopeful and forward thinking. As daunting as our challenges are sometimes made to appear, when compared to those of the Depression era, we all lead charmed lives.