In Parts 1 and 2, sentiment amongst college students and prospective college students may already be declining, which could be exacerbated even further, as we weather the current global pandemic with closed college campuses and students dispersed to their childhood homes. Additionally, the last of the Millennials are now college graduates, but experiencing a current…
As I posited in Part 1, although an exact date is impossible to state, sentiment amongst college graduates is set to decline (as seen in the graph above), testing and possibly exceeding the 2009 lows. As the last of the Millenials graduate college this year (2019), many are disgruntled that the financial prosperty promised by…
In the chart above, the confidence amongst college graduates has steadily increased during the longest economic expansion in U.S. history. Yet, as said sentiment drops with each recession and economists now predict recession within the next twelve months, I’d posit that sentiment amongst college graduates is rolling over and will revisit the 2009 lows. I…
Summer vacation traditionally meant “lazy days “—time to rest and regroup. Yet, for Gen Z’ers and even the preceeding Millenials, summer has become “organized play” and “scheduled interest investigation”, packed into camps, summer school, club sports, and summer reading assignments. But, today’s kids are no different than us as kids—the people who learned from youthful…
Parents, no matter their net worth, readily take risks, if they believe their children will benefit. And, the risks parents will take know no bounds—as seen in those facing federal prison trying to guarantee a college admissions to those who go into debt to pay for extra-curricular activities. However, why are parents so willing to take…
From the Business Insider, an interview with Mr. [Jeff] Bezos about choosing “service and adventure” over “ease and comfort”. “Bezos said everyone has two options for creating their “life story.” Either you go for a life of “ease and comfort” or a life of “service and adventure.” Bezos is clear about which is the right…
For most of us, moving out of the parental units’ house is the ultimate signifier of adulthood. So, what’s the threshold defining adulthood for the growing numbers of 25 year olds, who live with their parents (even after moving away for college)? Since 2002, parental co-residence rates have only risen: And, in 2012:
