Why young people are broke 

There’s a narrative out there that millennials and the Generation Zs behind them are lazy.Well, that is just bunk.The reason a lot of young people are not doing nearly as well as their parents at this stage is that they’re paying huge amounts – much more than their parents ever paid, as a proportion of their paychecks, for education, higher education or student debt, housing for rent, health care, even transportation.All of these costs have increased faster than inflation, and at the same time, jobs are not paying that much more.

Source: Why young people are broke – Alternet.org

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