Source | Business Insider : By Paul Angone
Let’s be honest with each other: Many 20-somethings are struggling.
According to an analysis of U.S. Census data by the Georgetown University Center on Education and the Workforce, 40% of unemployed workers in the United States are millennials.
College debt has now sky-rocketed into the $1.2 trillion range, with the average college debt for the class of 2014 at a record high $33,000 per graduating student. Couple the college debt with a highly competitive job market and the bachelor’s degree not exactly throwing doors wide open for graduates.
No wonder why in the last few years, the Pew Research Center reported that 36% of millennials were living back with their parents, the highest percentage in 40 years. (Note: This number includes students living in dormitories at colleges.)
While there are numerous, stark challenges facing millennials unlike generations before, it’s not just these obstacles that are holding 20-somethings back. It’s the lies 20-somethings bought into along the way.
Too many 20-somethings are driving through the twists and turns of their 20s with windshields covered in mud, lies, and half-truths. And then we wonder why so many of us have crashed or lost our way?
We need to hose these lies off right now or spend our 20s stuck on the side of the road.