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Bernard English

Bernard English
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Saturday, July 25, 2015

Millennials Who Are Thriving Financially Have One Thing in Common … Rich parents. by Gillian B. White FROM The Atlantic

Some data from the article about America's youth:
  • Around 30 percent of young people are living with their parents
  • "46 percent of Millennials who pursued post-secondary education (that’s everything from associates degrees to doctorates), about 61 percent received some financial help with their educational expenses from their parents."
  • "According to Zillow, 43 percent of Millennials who got help from their parents in paying for school were also able to become homeowners. According to Census data the homeownership rate for all young adults was about 36 percent in 2014."

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