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Why Are Record Numbers Of Young Adults Jobless And Living At Home With Mom And Dad?

In the United States today, unemployment among those age 18 to age 34 is at epidemic levels and the number of young adults that are now living at home with Mom and Dad is at an all-time high.  So why are so many of our young adults jobless?  Why are record numbers of them unable or unwilling to move out on their own?  Well, there are quite a few factors at work.  Number one, our education system has completely and totally failed them.  As I have written about previously, our education system is a joke and most high school graduates these days are simply not prepared to function at even a very basic level in our society.  In addition, college education in the United States has become a giant money making scam that leaves scores of college graduates absolutely drowning in debt.  Many young adults end up moving back in with Mom and Dad because they are drowning in so much debt that there are no other options.  Thirdly, the number of good jobs continues to decline and this is hitting younger Americans the hardest.  Millions of young people enter the workforce excited about the future only to find that there are hordes of applicants for the very limited number of decent jobs that are actually available.  So all of this is creating an environment where more young adults are financially dependent on their parents that ever before in modern American history.

Since the start of the recession, the percentage of young adults in America that are employed has dropped like a rock.  In 2007, the employment rate for Americans between the ages of 18 and 24 was 62.4 percent.  Today, it is down to 54.3 percent.

Yes, there are certainly many out there that are lazy, but the truth is that most of them would like to work if they could.  It is just that it is much harder to find a job these days.

And it isn’t just young people that think that the job market has gotten tougher.  According to one recent survey, 82 percent of all Americans believe that it is harder for young adults to find jobs today than it was for their parents to find jobs.

But if they cannot get jobs, then young adults cannot financially support themselves.  So more of them than ever are heading back home to live with Mom and Dad.

In the year 2000, 8.3 percent of all American women between the ages of 25 and 34 were living at home with their parents.  Today, that figure is up to 9.7 percent.

In the year 2000, 12.9 percent of all American men between the ages of 25 and 34 were living at home with their parents.  Today, that figure is up to an astounding 18.6 percent.

Take a moment and let those statistics sink in.

Nearly one out of every five American men from age 25 to age 34 are living at home with Mommy and Daddy.

When you look at Americans age 18 to age 24, it is even worse.  Among Americans age 18 to age 24, 50 percent of all women and 59 percent of all men still live with their parents.

Those are very frightening numbers.

Part of this has to do with a fundamental cultural shift.  An increasing number of parents these days expect that they will have to take care of their own children beyond the age of 22.  The following is from a recent article by Pew Research….

When asked in a 1993 survey what age children should be financially independent from their parents, 80% of parents said children have to be self-reliant by age 22. In the current survey, only 67% of parents say children have to be financially independent by age 22—a drop of 13 percentage points.

But what accounts for the tremendous gender disparity that we see in the figures above?

Well, one major factor is that young women are now far more likely to pursue a college education than young men are.  According to an article in the New York Times, women now account for approximately 57 percent of all enrollments at U.S. colleges and universities.

The less education you have, the more likely you are to be unemployed in America today.  So that is certainly a significant factor.

But many that have gone on to college are also moving back home.  When you are a young adult with no job and no prospects and you are swamped with tens of thousands of dollars of student loan debt, it can be incredibly difficult to be financially independent.

After adjusting for inflation, U.S. college students are now borrowing about twice as much money as they did a decade ago.  Many students that go on to graduate school end up with more than $100,000 in total student loan debt.

Sadly, those degrees often do not pay off.  In fact, in America today one-third of all college graduates end up taking jobs that don’t even require college degrees.

So what does all of this mean?

It means that there are millions upon millions of angry, disillusioned and frustrated young adults out there today.  A recent USA Today article told the story of 32-year-old Dennis Hansen….

After a year without work, Hansen, 32, was hired to monitor Lake Michigan and Lake Superior water for the state and federal governments over two summers. He also had short stints as a census worker and as an extra post office hand during one holiday crush.

It hasn’t been enough: Hansen says he has a $13,000 credit card debt and that’s just for basics — his $600 monthly mortgage, heat and food.

“It’s definitely a roller coaster,” Hansen says, with the ups coming when he’s done well in a job interview and the downs when there’s a rejection: “That’s when I’m frustrated, angry and wondering why I went to college for 10 years.”

If the economy was humming along on all cylinders, it would be easy to blame our young adults for being too lazy.

But these days most young adults have to scramble like crazy just to get a really low paying job.  Large numbers of very talented young adults are waiting tables, flipping burgers or stocking shelves at Wal-Mart.

And this reality is reflected in the overall economic statistics.  Since the year 2000, incomes for U.S. households led by someone between the ages of 25 and 34 have fallen by about 12 percent after you adjust for inflation.

The “wealth gap” between younger Americans and older Americans is also growing and recently hit a new all-time high.  U.S. households led by someone 65 years of age or older are now 47 times wealthier than U.S. households led by someone 35 years of age or younger.

But this is not good for our society.  When there is civil unrest, it is not those 65 and older that take to the streets.

We desperately need our economy to get healthy again so that our young adults can get good jobs, get married, set up households, raise families and be productive members of society.

Instead, the percentage of young adults that have jobs is near an all-time low, the percentage of young adults living with their parents is at an all-time high, the proportion of adults in the United States that are married is at an all-time low and we have hordes of angry, frustrated young adults with plenty of time on their hands.

You don’t have to be a genius to see trouble on the horizon.

What is going to happen when the next major financial crisis comes and the economy gets significantly worse than it is now?

In the end, we are going to reap what we have sown.  We have fundamentally failed our young adults, and those failures are going to produce some very bitter fruit.

  • David Gurney

    The percentage for young white men living at home is probable much higher than 18.6,given the large number of young minority men in prison.

    • Lacy

      If they have commited crimes, that’s where they belong. FWIW, I consider a drug user more of a criminal than a drug seller. Without a user, there would be no market. USA has turned drug addiction into a “disease”.

      • Melissa

        That is awfully naiive, considering that the government is running drugs over the border, turns a blind eye to murders by the Mexican drug cartels, and on record has U.S. troops guarding opium fields in Afghanistan (Google it).

        The racist “War on Drugs” will never end and is meant to get as many low-income and minority Americans as possible addicted to drugs and then throw them in jail. Many of them receive heavier sentences than violent offenders (read about Ron Paul’s platform).

        • REED RICHARDS

          Melissa,

          Not really. Without buyers, then the sellers would not exist…………..

      • babygirlway

        You are an ************ and beyond stupid.

      • Joe Blow

        I guess you don’t know who traffics most of the drugs in this country!? Can you say, U.S. government?

    • ken nohe

      Gosh, do you imply that prison should be considered as “home” for these “poor” souls? On the other hand, I remember reading an article saying that most gangsters wrote “Living with Mom” in dwelling so it might indeed be correct. But if true, how sad! One aspect where the US is more like North Korea and China than Europe or Japan.

  • Sid Davis

    So how are these unemployed young people going to put up the payroll taxes to fund what was promised to the huge number of people now ready to collect their Ponzi Social Security and Medicare benefits?

    There are some axioms to describe the boom/bust cycle, and one is that the bust is in size proportional to the debt incurred since the last bust, and in length proportional to the efforts of government to forestall it. This means that the depression should be bigger than the last bust in the 1930’s and longer since government is doing everything it can to keep the depression from following its normal course. We are just four years into the contraction with little of the debt having been liquidated, and plenty of new debt being incurred by the federal government. It is debt that drags down economic activity as repayment drains spending power from the economy.

    The USSR collapsed from inability to pay the debts it incurred in its version of the warfare/welfare system and millions of people dependent on that system quietly died. Should we expect any different result from the collapse of our own warfare/welfare system?

    • mark

      The government will continue to send social security checks. The amount will buy less each year as the dollar drops in value. This system will work as long as the dollar is the reserve currancy for the world. When the world no longer uses the dollar, the system will collaspe. You are right that the comming depression will be ugly.

    • SpiderMonkey

      Sad to say, I do not think it will be any different. It has been my understanding that the economy as an organic collective does not care if you are spending and incurring debt for wars, pyramids, or well intentioned welfare programs. It will react to the debt and withdrawal of productive capacity and capital.

      I accept these as the cold hard facts of life. Perhaps a bit too simplistic, perhaps it is a spot on assessment. Time will tell.

      My advise, prepare for the worst and anything short of that is a pleasant disappointment.

  • http://conservativemormonmom.blogspot.com Eva

    Yup. It’s sad. And pathetic. But mostly scary, because there isn’t much anyone can do about it until we get someone in office able to turn the economy around and get government out of the way!

  • mark

    My daughter is an accountant. She is twenty three years old. She has a good job with a great company. She served her internship there and they liked her work well enough that they hired her. You see it all depends on what kind of degree you have. She works hard while her husband is going to college. When he is done and finds a good job as his degree will be useful for finding one, they will start a family. There are people out there that are finding work and leading normal lives. Many have wasted their funds and going into debt to learn an axpensive hobby.

    • Emma

      Hi Mark,

      I beg to differ.. I don’t find it fair to call any education/learning as an “Expensive hobby”. What one perceives as a hobby, the other might consider it as a passion.. ex.. Photography might be a hobby to someone but someone else might want to establish himself as an ace photographer professionally. So I feel nobody should criticise or be judgemental at any point of time. In your case also, you say your son-in-law is attending college.. With the current economic status in the country, what is the assurance that he may land up in the right job of his desire! May it be degrees or job-seeking, we can find a pattern or a trend. In some season studying to become a doctor may be much sought-after.. at somepoint they may not be so.. So, whatever is the degree, one should develop the required skill set along with it and not restrict himself to the classroom education…

    • Donald Wilson

      It won’t matter when the country implodes.

    • Big Meech

      Yes Mark, please extrapolate out to the rest of us based on the singular experience encountered by your daughter. I have numerous friends that are accountants looking for work or even an internship with nothing in sight. At my company, when posting a position for accountants or engineers, we receive 100s of applications from people with both the degree, and the experience. So quit being smug, or better yet, walk into a Starbucks, grocery store, or bar and ask people to raise their hands with accounting degrees. You see it all depends on a little luck, and not always on what kind of degree you have.

    • DGB

      What consitutes a good company? One that has lots of benefits? A good company today, could be aquired tomorrow. Maybe they’ll decide to outsource the accounting dept.

      Not everyone can be an accountant and not everyone can work for a ‘good’ company.

      Wake up and realize that employment opportunities have been greatly limited by the recission / corrpution / lying of our ‘leaders’ – both business and governmental.

    • DaytoDay

      I don’t see any problems…

      College worked out for her… Great, for others… maybe not so great… That’s life…

      The point is, I don’t knock other peoples accomplishments, just because I’m not where I want to be in life…

      I mean, I have had some very high “highs” and some really low “lows” and so, I can only go on experience…

      So, you just never know… One day your flying high, eating steak and drinking champagne, and the next day your business goes bankrupt, you lose your job or your mortgage…

      So, just keep that in mind, that nothing is guaranteed to last.

      • Jeremy

        You are exactly right. Mark, I know scores of people with engineering, accounting, and law degrees who cannot even find an internship. The world is not as black and white as you like to make it.

        And remember sweetie, you are talking to a group of people, and not at yourself. ;)

    • Jeremy

      That is great about your daughter, but engineering and law degrees are hardly “expensive hobbies”. There are plenty with both degrees who cannot find work. The world is not as black and white as you suggest. My girlfriend graduated with a master’s in accounting, and it took her TWO years to find a job.

  • HerrLT

    http://www.youtube.com/watch?v=swBfmVKzUjU

    Explains a lot. God bless everyone on this blog and their family.

  • Rodster

    The education system is not only a shame but a shame. It’s another way for the Gov’t to control something else.

    I remember back in the early 90’s how employers were pushing for college education. Back then tuition cost are not what they are today. It’s nightmarish what students have to pay today.

    When I graduated school in the 70’s we had High Schools that taught a trade. We lack that today. Instead you can pay to go to a trade school or go broke just like the Gov’t is trying to graduate college. And i’d wager a large percentage of students use college to party and for social activities.

  • Rodster

    I meant to say The education system is not only a sham but a shame.

    • M. Hapney

      The government gets what they want. Drones.

  • Workhorse1

    When you export jobs you import their standard of living . Plus we have a culture that likes the big box store model . Why then are we surprised when Billy can’t make more than $10 per hour .

  • DaytoDay

    The last picture said it all…

    No more pick-up basket ball games, sandlot football and baseball… No, we’ll just sit inside all day and watch family guy, play CoD on Xbox and update 100 pics on Facebook… Why? Because we don’t have any social skills…

    But it’s alright… Because I know the latest style, and the latest slang… So, who cares if I have any money in my pocket, have a car and my own place… Because I’m “cool”…

    • mondobeyondo

      “Yo, yo, you a pit bull or a chihuahua?
      How’s it going, dawg? You doing? How ya?”

      Okay, not gonna make it as a rap star. Glad I left that lifestyle long ago.

  • r.bitting

    And there shall be a time of trouble such as never was since there was a nation, even to that time, at at that time your people will be delivered, everyone who is found written in the book. And many of those who sleep in the dust of the Earth shall awake, Some to everlasting life, Some to shame and everlasting contempt. Those who are wise shall shine like the brightness of the firmament, and those who turn many to righteousness like the stars forever and ever. But you, Daniel, shut up the words, and seal the book until the time of the end, many shall run to and fro and knowledge ( about this prophesy ) shall increase. Daniel 12:1-3…

    • Alasha

      thank you! so chilling and appropriate.

    • Gary2

      Come on dude-what about Gog-Magog? Or maybe the Nephelim?

      • Tim

        What about them?

  • Momof4

    I have some very strong opinions on this but am sure many will disagree with me. I do believe a lot of our failings happened when women went back to the workforce in droves. It set up all kinds of service type industries that women now “needed”–fast food, cleaners, daycares, nail salons, restaurants, landscaping, the list is endless. There simply are not enough jobs for men and women, and the jobs that are available are typically servicing someone else–a female. How sad is it when we have to have someone else prepare our food and take care of our yard??? And young men are not looking to marry high maintenance women that will send them to the poor house, or women who they have to compete with in the workplace. We’ve seen what our country has become when we have people other than parents raising their children. I could go on, but I better stop.

    • Melissa

      Who do you think bankrolled the feminist revolution? Socialist engineers that 1) would be able to collect taxes from the other 50% of the population; 2) would manuever the breakup of the family because women wouldn’t need men anymore and eventually usurp them (witness the welfare state, cultural corruption, divorce, men in jail); and 3) necessitates children being in the hands of the State for 5 days a week, 8 hrs a day – perfect to propagandize and corrupt the youngest generation, and to turn them on their parents.

      • Some guy

        Americans, for their part, have been out-thought and out strategized for years aided by their own softness and obsessive self indulgence.

        Robert L. Kocher

        http://www.solopassion.com/node/8309

    • justamom

      It took courage to write that post, Momof4. But it takes courage to have 4 children in this day and time! I would say that you are in a tiny minority of our society but you have touched on a fundamental issue here. Our society has reached the point where we are not only NOT raising our own children, but we are actively destroying our own children (through abortion)—making sacrifices on the altars of comfort, convenience, and choice. May God have mercy upon us! Thanks for stating things so plainly. American families have abandoned God’s plans for husbands and wives and children and have sown to wind. We are now beginning to reap the whirlwind.

    • Doug

      The 2 income household is an issue that is often overlooked. When it is nearly a requirement to have 2 parents working to own a home in a place where you can find a job it raises the financial bar for everyone. But it is a 2 sided issue. People like having all of the services and technology that is afforded by having a 2 income model. We went from 1 parent working to raise a family where a second phone in a home was a luxury to 2 incomes and a cell phone being considered a basic “need”. Americas believe that they should be able to afford everything, but have to work harder and harder to keep up with what is “normal”. Having a cell phone (or a smart phone) is a luxury, a new car is a luxury, cable HDTV, High speed internet, new clothing, dining out, fast food, forzen dinners are all luxuries, but they have become so common place they seem normal. All started with the 2 income family becoming the standard.
      Well you can only live beyond your means so long before someone comes and takes it all away.
      What I am afraid of is what is going to happen when no one else wants to loans in the US government more money.

  • Barn Cat

    It’s real bad for unemployed men in their 50s. Companies want to hire young people. When I used to do temp work they’d bring in young people for temp-to-hire positions and older people for positions they knew were temporary. I used to work for two temp agencies. They used to call each other to find out when my assignment ended and when I’d be available again. Now they never call.

  • Golden Child

    College was pretty much a waste of time for me. I was told to go to college by my elders and pursue something I was interested in, which happened to be graphic design because I always enjoyed drawing as well as an eye for all things visual from fashion and clothes to making websites. I went to a top ten school, had multiple internships and multiple design clients as a severely underpaid freelance graphic designer. It was very sobering to find out I couldn’t find a graphic design job to save my life. However, it turns out hundreds of thousands, or more likely millions, of other 20 somethings also were pressured to go to college to study graphic design. As a result, most graphic design job ad’s demand at least 5 years experience at a big company. Getting a graphic design job today is like winning the lottery. A few years ago, getting a graphic design job with a college degree was much easier. I am lucky my aunt who is a childless doctor paid for my education in full. Most Baby Boomers are painfully out-of-touch. Whenever a person in their 50’s or 60’s talks to a 20-something, they ask “are you in school?” Not everyone needs to be in school.

    I chose to take a job outside my field. My job does not require a college degree. I am currently a sales manager for a local branch of a national company. My job is to sell vacuums and air purifiers to the rich aristocratic class that resides here in wealthy suburban Maryland which is the richest part of the richest state in the country. My job is very old school in the fact that I sell vacuums to house wives and old ladies in the comfort of their own homes. I easily make $4,000-10,000+ a month. I usually earn more than the vast majority of graphic designers. I only am able to make this amount of money because I live in the richest area of the country. Howard, Montgomery, and even Prince George’s County in Maryland are paved with huge million dollar houses for all the eye can see. This is the best place in the country to be a salesman. I couldn’t imagine doing what I do in metro Detroit , L.A., New Orleans, Northern California outside of San Jose and Silicon Valley etc.

    I still live at home because my mother is broke in her 60’s without a job. She spent her retirement savings supporting the household when I was busy completing my useless college degree and I was only working part-time. It would be plain selfish to abandon my mother with no money in the financial state she is in. The outdated idea that everyone should be “independent” in this country can be very self-centered. Not everyone is making enough money to support themselves in this economy. My earnings allow my mother to eat, buy groceries and maintain the house. Without my income, my mother probably be homeless.

    • CitznKate

      You are doing right in looking after your mother. It would be unthinkable for you to neglect her after all that she has done for you.

      You don’t have to be a religious person to believe it is important to respect and care for your parent(s), even though filial piety is taught in several important eastern religions, besides Christianity and Judaism.

      The first commandment with a promise attached was the one that said, Honour thy father and thy mother: that thy days may be long upon the land which the LORD thy God giveth thee. (Exodus 20:12)

      You are doing the right thing.

      Cheers,
      Kate

    • Mary Ann Pumilia

      You really are a Golden Child!

    • Jeremy

      You are exactly right about taking care of your parents, and the sometimes self-centeredness of being independent in this economy.

      I am living with my parents, and take care of them. My father is a retail pharmacist, and has painful arthritis in his knees. My mother is becoming, well, forgetful. Every time I talk about finding a job and moving away, my dad and mom begins to cry. I love my parents, and am honored that I could being with them at this time.

  • Cinderella Man

    There is lots of reasons why older kids are staying home with Mom and Pop. 1# Food is really expensive and 10 bucks an hr dosent pay for food and rent. #2 Rent is expensive and keeps going up due to the amount of families that are not buying homes anymore and are choosing to rent instead. #3 There are no high enough paying jobs to keep up with inflation. #4 Utilities are expensive and if you have shitty credit from student loans and such your deposit just to get it turned on will be hundreds of dollars. Hey Im no better. I live in the guest house at the family ranch and Im 31 years old. I had a shitty year in ’11 and I either could go on living in a car or ask for help. Im finally able to save and regain household items so I can hopefully move out in the summer. Im just glad Im not unemployed and having to live in the basement. That would suck to not have your privacy!

  • Terry

    At least that guy HAS a $600 mortgage, he should be grateful. Many people pay $600 just to RENT a ROOM, I have done so. In a pinch he could rent out rooms and enjoy additional income.

  • a cruel accountant

    You want employment to go up. Get rid of Minimum wage.

  • a cruel accountant

    I will say this again and again.

    If you want a job learn to weld.

    If you want to be unemployed get a business degree.

  • BenjiK

    And let’s not forget, for a variety of reasons the majority of these young people are NOT figured into the “official” unemployment rate.

    Non-conforming duplexes, attic & basement renovation and other grown-kids-at-home remodeling has been trending higher in the construction trade recently. This trend was discussed at length during a trade show I attended last month. There was even talk by financial reps promoting re-financed mortgages and home-equity loans drawn up naming all adults living in the home, ie: parents and their kids BOTH on the hook for large-scale, long-term debt.

    Keep an eye on this last trend, we are sure to see much more of this as kids tend to stay at home. The perpetual debt-machine is dead set to sink it’s claws into every legal adult, no matter their living arrangements.

  • ScoutMotto

    God has blessed me quite well in that I have never needed to return to the parents’ house. They were not opposed to me moving back in at one point to help me save money, but my circumstances of living solo were more favorable at the time. At this point in life I don’t have anything worth complaining about, personally.

    Now, on a national scale it’s a different story.

  • Gary2

    Why Are Record Numbers Of Young Adults Jobless And Living At Home With Mom And Dad?

    Conservative policies that caused the republican great recession.

    Conservatism is a cancer on society that needs to be cut out before it metastasizes and destroys this country for good. There is still time-all republicans have to be voted out.

    • Melissa

      Wake up, Gary!!! Voting for the Blue Team is not going to get us out of the United Police State and this engineered depression.

      If you think the Democrats are any less culpable, then turn your TV off and go to the voting booth in November and vote for Obama again on your fake Diebold machine.

      There is ONE party in the U.S. – the Corporatist party, and all of the candidates are up to their eyeballs in the corruption (except one – you know who he is).

    • MisterC

      Are you pissed off because you live at home with mom and dad?

      • MisterC

        comment is to gary2

    • Prepping for the Future

      Why do you even you show up here Gary? Same old trash talk coming out of your mouth you learn nothing you are so blind and dumb. DummyCROOCKS told you to jump off a bridge with soft cement landing zone you are dumb enough to do it. Blaming the red team or the blue team is waste of time. You are in the place you are not cause of The idiots in DC but your own choices. It’s time you learn to be a real man and admit that fact to yourself at least. Crying like a spoiled brat is not getting you anywhere. The Dummycrooks had a super majoirty for 2 years did they save you? LMAO Hopefully one day you can grow up Gary and take repsonisble for your own life instead of blaming others for your failures.

  • D

    Conned into debt slaves early in life. Gen Z will be even worse.

    • Doug

      Debt slave is the right term. It is almost impossible to avoid, that you must work and use currency to survive. Being self sufficient is nearly impossible.

  • Eisenkreutz

    I moved out at 16. Its an worthless waste of money and there is no reason whatsoever to live alone unless you are married and want privacy. Ignore all this crap society and women put out about having to “prove yourself”, “be independent”, and “be a man” by wasting your money on nothing. Who cares what society thinks about anything? The vast majority of people are utterly clueless. You better get your head in the game, learn to hunt, fish, and farm, buy gold, and obtain supplies while you still have time. Look, we can talk about being a good neighbor doing our Christian duty and being a rock for others during the storm, but its all a pipe dream. History shows that when societies unravel, chaos reigns, primal instinct takes over and its every man for himself. BE WARNED…IT IS COMING…

    • Tk

      Hi eisenkreutz!! I am a Kreutz as well. We could be related.
      Great comment!;-) :-Q

    • Sebastian

      Brilliantly said Eisenkreutz!!

  • bobcat

    Your make a very good point about it being the young rather than the old who take to the streets during times of unrest. The young are becoming totally disenfranchised. When they inevitably take to the streets here as their counterparts are doing in Greece today, what will be the establishment response? Use violence against them? kill them? herd them into concentration camps? If this is the outcome, the establishment will be killing our future.

  • bobcat

    … and you’re right about many college grads not getting jobs that require college. And conversely, many employers who demand college degrees do so because they know most applicants will have a degree anyway, not because the work requires it.

    Most college degrees today are uneeded and/or unused.

  • Tom

    Get an education that will get you a job. A 14th century art major is not likely to find work. A RN can find work anywhere and they are making top dollar.

    • Melissa

      I guess you mean, top fiat currency?

      Soon $$$ won’t be worth the paper they’re not printed on.

  • OH NO

    “WAR” worked last time.

  • http://n/a Ben

    What we’re going through will lead to something far worse than a mere depression. The U.S. and every other western nation is headed toward third world nation status. This isn’t a temporary problem we’re facing. This is the way the elites have rigged the game and it’s exactly how it’s all gonna transpire.

  • anonymous inmate

    Because most commenters seem aware, this is precisely why you MUST prepare and you must INFORM as many as you can.

    This is all systematic and by design.

    We’re being set up to be a total police state and the debt based currency is what set it all in motion when the fed was created.

    People are so small minded to think that it’s an actual fight between two parties when it is simply a game manufactured from the very beginning in every aspect right before our eyes.

    It’s so hard to understand why people can’t see it, but they just sat through an gigantic illuminati show at half time for the super bowl….

    We’re ***********.

    Grow food, prepare, have lots of ammo..
    and don’t believe a damn thing you hear on tv or the radio.

  • tappedops

    Hey Mark… without me (now a displaced carpenter),,, your daughter would be living in a tent…unless you have a van…

  • Gorgus

    I am one of those 25-34 year olds currently living at home, and I can tell you this: I never, NEVER watch Kimmel. I’m a Craig Freguson man all the way.

  • Craig

    I think these people were represented by the OWS crowd. But what did the media do? The republican media and the republican political machine attacked them with ferocity–especially Newt Gingrich. Limbaugh, Colter, Levin, Hannity and most all the politicians attacked them. These same people never want to talk about disappearing middle class jobs on their radio shows either.

    Now there is a long list of bad moves by Senator Rick Santorum who I thought was a real conservative. Read this list, and you will get the idea that he is just another country club republican. What a bunch we have to choose from for a republican candidate huh?

    http://www.wnd.com/2012/02/why-i-chose-newt-over-santorum/

    Speaking of sowing and reaping, I just finished a great video of Charles Stanley preaching on this very subject. He calls it “The principles of sowing and reaping”. Best to watch it in WMV format:

    http://www.intouch.org/broadcast/video-archives/content/topic/the_principle_of_sowing_and_reaping_video

    And let me find a picture to cheer you all up…

    Little girl at TCU vs. Navy football game. Such a cute kid IMHO:

    http://www.pbase.com/craig_c/image/21082090

    • Xander cross

      You do know that Charles Stanley supports war against Iran and supported the war against Iraq during bush’s term. Another false pastor who is paid by big money interest groups.

  • JustanOGuy

    Your #1 Reason is BS —

    “Number one, our education system has completely and totally failed them.”

    Not Entirely True….

    It’s the cost of living due to printing up money. When I got out of College back in 1993, it was not easy but at least I could afford to have my own place and pay for my own food. Today… pretty much impossible. Not because of stupidity, but because the cost of living has skyrocketed.

    Because basically… the “Baby Boomers” of America SCREWED the young people / future of America.

    Why don’t you do a cost analysis to compare what it cost in 1994 to what it costs to live today? Gas prices, bread costs, etc, etc, etc…

    Sorry Michael, but your condescending tone towards the Youth of America actually irritates me on this one considering that the Baby Boomers of America have made everything so damn expensive for them.

    I have college students working for me that are FAR sharper then your average baby boomer… who ironically… support Ron Paul while the Baby Boomers support the next failed solution.

    Don’t blame the people who have been left with a crappy hand due to the manipulation of the jerk offs that gave it to them.

    As ridiculous as the jerks burning down Greece who created the problem in the first place.

    I have far more faith in the College Students working for me then the Baby Boomers who feel “entitled” to what I give them….

    Cheers!

  • chiller

    Young adults living at home during this time may be a blessing in disguise. This will be a time when families need to pull together as those who don’t will be like rats in a maze.

    • Xander cross

      I agree with you on this

  • shypuffadder

    With so many college graduates owing such large amounts of money, its no wonder we have lost morality in business – its no wonder things have become cutthroat. These graduates must do whatever is asked of them so that they can keep their jobs and pay their huge debt. Kiss up and ****** down.

    Community service programs to help them work off their debt would be a good start.

  • http://www.studentloanresistanceofamerica.com FrankyFreelance

    Michael,

    Good article but I would like to request that we stay away from the insult of these young people having no choice but to return home to live with “mommy and daddy”. This is a serious situation and (although a shameful percentage of these kids are a bunch of 20+ year old drugged up and dumbed down baffoons) there is also a significant percentage of good kids who worked hard and achieved something in college in addition to the fact that (as your article implies) they really don’t have so much control over the fact that jobs are scant.

    Now I am part of “generation X” and could give you an earful of how ashamed I am of my own generation. But the reality is that we have been massively and criminally duped by this whole education thing. I am the first person in my 3rd generation immigrant family to achieve a college degree and I did so against the odds and in active rebellion of the indoctrination garbage that I saw as I served my sentence in the highest eschelon of the American educational system.

    In addition, many of these “Mommy and Daddys” are decent people who are likely significantly upset that their kids lives have been ruined by this whole mess. I think all decent parents want their kids to succeed and make a life for themselves.

    I have been observing this “Mommy and Daddy” crack being turned into a meme (by many of the people following and reporting on the issue – especially that quasi mafiosa Gumba, Don Gerald Celente) and I think it only discredits our efforts to surmount this disgusting situation.

    I hope you will rescind your comment in this article or at least acknowledge the validity of the point I am making here.

    JOIN THE RESISTANCE!
    http://www.studentloanresistanceofamerica.com
    http://www.mortgageresistanceofamerica.com

  • luis

    ooooh the U.S.A is DOOM…………………

  • ken nohe

    We can paraphrase the Arab cheikh who some time ago said: “My grandfather had a camel, my father a car and I have a jet but my son will drive a car and my grandson will have a camel” by saying that our forebears were all living in the same house, we were lucky to have the chance to be able to “explore” the world but our children will probably never leave the nest.

    And education in all this? Well it certainly changes the relative chances of students but not really the absolute numbers of jobs available in the economy. Would better education improve the chances of Americans? Marginally yes, but probably not enough to compensate for the huge salary difference with China.

    And don’t forget that it is still in the US that you find the best Universities as many Chinese studying there can testify.

    Too expensive? Probably, but again “fine” as far as Chinese students are concerned and overly luxurious as far as I could judge while visiting Standford or the University of Tucson in Arizona.

  • Chris

    Yes interesting article but if anything it’s actually worse in the UK for young people. The current and previous government have deliberately created and artificially sustained a housing bubble with the result that prices have not fallen unlike in the USA. House prices are way, way too high in the UK. The option of renting is again a scam because most of the poor wages of a youngster seems to go on paying the rent. Living with parents is the only sensible option. Decent jobs are scarce and those that are hiring are in food retail on relatively low wages. On top of this the pension retirement age is being being raised to affect these youngsters the most. If the masonic elite that run the UK want to see a revolution in the UK they are heading in the right direction.

  • http://www.youtube.com/aNYCdj Richard Allen

    Rodster: You’re right kids today have no clue how to fix anything, I had 3 years of print shop,3 years drafting 3 years electronics 1 year woodshop and was assist. photographer and editor of my HS yearbook. And I should have been in the advanced classes but I was an outsider a non-conformist. I missed out on a lot.

    But then again I am handy with a lot of things snaking a bathtub to avoid paying roto rooter, so in that way I can live on a whole lot less $$ then my friends.

    And DayToDay…Its amazing how many kids today have poor social skills and poor internet skills. I help a friend run an internet radio station, and its amazing the people we get who want to “be on the radio” really clueless 20 somethings after i tell them a big part of being a good talk show host is being a fanatic at internet research finding out and verifying information and it talks a lot to do even a 1 hour show a week and get it right….once they realize how much work is involved they get scared, work??? i thought it was going to be fun and games…

  • Kevin2

    My son is an Journeyman Electrician. He makes a living working for a contractor but if he had the skills he now has in the mid 1970s DuPont, Mobil, Shell, Monsanto, Texaco, Hercules and many more would have hired him in a heartbeat.

    The fact is he would have been doing a lot better back then.

  • Paul

    It’s quite easy to find a job, actually.

    You need to have 20 years experience, a masters degree and be under 25 years old.

  • R.B.inAZ

    I think some of these comments are biased toward young adults. Many of us do work or we have jobs at prominent companies/corporations and have been there for 4-5 years (in some cases longer) and they aren’t budging on promoting, pay raises or training. Interviews are now no longer based on experience but instead a psychological evaluation that doesn’t make any bit of difference on how you actually perform your work at the end of the day. The interview is a waste of time just so they can say they interviewed you to eliminate the discrimination factor, all the while they are already going to choose the person who has 13 years more time on another job not even in the same field, even though that supervisor has worked in your department and knows your work ethic. You can prove yourself time and time again, but unless you know the right people, at the end of the day they just want to keep you where you are all the while reaping the benefits for the higher-ups to cut costs, all the while you’re going nowhere. Costs of everything is going up, and so how are you supposed to pay bills, rent and eat of $14 an hour? Oh you could leave, but then what happens if the new company or job tanks? Then your unemployed and in a worse off situation. It’s a trap & it’s a joke, wake up and realize it. By the way I am speaking as someone who works for a major healthcare corporation and have seen it for myself. I am 30 years old, hard working, live at home and though I help with bills and putting groceries in the house, I am not going out recklessly spending money or living a lifestyle that’s out of my means. I didn’t go to college, I worked my way up but seem to be stuck. I drive a car that’s almost paid off and I have done everything I can in the most fairness of the sense to further my career. I don’t want to hear about “baby-boomers” and how good they had it, because THEY, the majority of the time, are the ones in charge of hiring and promoting. They are greedy and selfish, thus want it all for themselves and voted for the very same politicians who sold this country out. At the end when the govt takes your pensions and your too old to work, it will be you to blame for holding generation X down when we can’t take care of you much less ourselves when the collapse finally arrives.

  • Syrin

    Here’s the thing. The REAL unemployment figure is 23%. The gov’t endorsed by GARY, CAN’T let the citizens know what the real number is so they keep changing the way they report the data. If you look at ACTUAL numbers (shadowstats.com) and report the numbers the same way as has been done throughout US history, you’d see what massive damage has been done to this nation.

    Hey GARY, do you understand what the slope of a line is? Sorry, of course not. Anyway, for the rest out there. Look at the slope of the line since the democrats took over. You’ll see unemployment spiked slightly AFTER the terrorist attacks of 9/11, but then DECLINED the rest of the Bush years. Now look at what happened after Obamugabe took over. The biggest jump in modern history.

    http://www.shadowstats.com/alternate_data/unemployment-charts

    Why stop there? Let’s look back for 30 YEARS and see what happens when the regressives take the Senate shall we?

    http://www.americanthinker.com/blog/2009/10/graph_of_the_day_for_october_2_4.html

    Get the picture PEOPLE ?!?!?!? Dems = unemployment

  • Joseph

    I am in high school and will graduate next year. I have been awake for about two months and have come to realize the enormity of the economic situation our world is in. With most of destined to be debt slaves from the day we were born to the lack of jobs to free us from this plight, the world is not looking so bright My dilemma is if I should go to college or not.Is it worth it anymore, if so how? Are vocational school god options? What are good degree/careers for this brave new world?

    • Melissa

      If you do go to college, seriously consider a community college. They are still a very good deal and therefore a good investment – but only if you study something that will get you a decent paying job. As for what field to go into – it’s hard to say because I’m in healthcare, but in a few years – I believe the healthcare system will buckle too under its own weight. Information technology / computers / PC repair / cybersecurity is a good way to go – computers will be around forever, and many of those jobs pay well.

    • DGB

      I’m 62, and I have degrees in Engineering and Comp Sci – several years ago I was ‘thrown away’ by a company that I helped build. Forget the ‘cubicle’ jobs. At $100k of debt for a college degree, I’m not sure of the worth.

      I would say that a trade job is one that is always needed ( carpenter, tile setter, electrician, automotive, etc ) – and can’t be outsourced. Also take some sales / marketing classes (at an inexpensive community college) – maybe you can turn your trade into a small business.

    • Tim

      Joseph,

      It is encouraging that there are young people out there who are waking up. If I were your age and were aware of what’s coming, I would just focus on getting a job. Check postings on Craigslist for your area. There are usually quite a few postings in Food/Bev/Hosp category each day, at least there are in my area. And a lot of times those jobs are entry level. Don’t think of any job as beneath you. My first job was working in a restaurant washing dishes.

      If you decide to go to college, start with a community college and try to pay your way as you go with part-time jobs, summer jobs, etc. I know that’s not easy to do since tuition even at community colleges is so high today. (It was feasible when I started college.) Apply for scholarships and grants.

      You sound like a conscientious young man. It’s tough out there, and I feel for people your age. There aren’t nearly as many opportunities for people your age as there have been for previous generations. I wish you the best.

      Tim

  • mondobeyondo

    Read Deuteronomy, chapter 28, in the Bible.
    It applies for America, as much as it did for ancient Israel.

    Deuteronomy 28:1-14 – the blessings.
    Deuteronomy 28:15-68 – the curses.

    Make no mistake… (copyright Barack Obama, 2008) – we are being cursed as a nation, because we have turned our backs on the Lord.

    • mondobeyondo

      Deuteronomy 28:29-30 = much of America today.

      • Kathy Smith

        Mondo love your commenting have read that passage in the Bible several times sooooo true.

        • Gary2

          I still think it is gog-=magog doing all this!

    • r.bitting

      AMEN. I’m glad to see others that get it.

  • rancher

    Now I would bet the vast majority of the home dwelling adults (called children) are not counted in the unemployment numbers either.

  • William

    What happened to the gene pool??? These lazy, cry baby failures got a degree in underwater basketweaving while playing with a smartphone or their IPAD. I come from an era when most were educated by their parents to a Bachelor’s degree, or age 21, and THEN, it was “DO NOT LET THE DOOR HIT YOU ON THE WAY OUT” !!! Maybe if they got OFF the so-called social media useless web sites, and actually applied themselves to something applicable to today’s society, they would get off the T–T, and be adults, instead of living with their parents like little babies.

    • Melissa

      Divide and conquer tactics have worked well for our elite social engineers, I see….

  • jdfarmer

    Those people graduating with art history degrees, film study degrees, gender studies degrees, etc are qualified to work at the coffee house.

    One should really look at the opportunity before spending the 100K for the degree.

  • John Rambo

    One fact you did not mention was the reason why there are more young women in college today is because of all of the female affirmative action programs targeted towards only females and scholarship programs targeted towards only females.

    Wait a minute! I thought American women wanted equal rights! That means, women AND MEN should be eligible for the same scholarships and programs. But the truth is, American women are sexist man-haters, and one of the main reasons America is collapsing is because of the women.

    After all, 70 percent of criminals in America were raised by single mothers. Feminism produced single mothers. Single mothers produce criminals. Criminals destroy society. Thus, feminism destroys society.

    I guess you ladies never thought of that while you were out shouting and screaming for equal rights and pissing on the rights of men.

    • Melissa

      You’re right, feminism was designed to destroy America. That’s why the Rockefellers and other despicable social engineers backed it. Look up the late Hollywood director Aaron Russo on Youtube. He discusses why the elites pushed these evil agendas, including feminism.

  • NowSwimBack

    If any generation is to blame for the current state this country is in, it is the misnamed “greatest generation” and the baby-boomers. They have been warned for decades, even before many of their children were born, of where this country was headed, but were simply too greedy and selfish and preoccupied with their malt shops and muscle cars to do anything about it. If I only had a nickel for how many times I’ve heard from one of them, “Well this country is going is going to hell in a hand-basket but by the time it’s really bad I will be dead and buried. Just as long as I get my social security then things are ok.” That’s pretty much been the attitude that has gotten us here. ‘Just as long as things are comfortable for me then to hell with everyone else.’

  • justadad

    Life is not about what you know but Who you know.
    True happiness and fulfilment are found through relationships not possessions or positions.
    The people of this nation have substituted the American Dream for the Heavenly Kingdom.
    The love of the temporary has blinded us to the value of that which lasts forever.
    Seek first the kingdom of God and His righteousness and all these things shall be added unto you.

  • Jim

    I have kids in a public middle school. A lot of their classmates are good kids but a LOT of them are dope smoking punks!

    Its a hard age and even in AP classes (advance placement) it isn’t too hard a class to get good grades in. Its been so watered down over the years its very basic learning.

    Our education system has failed us, thanks to taking God out of it and liberal commie policies.

  • Jake

    I am an 18 year old male and currently a senior in high school. I have been working in my father’s garage for about 8 years now and have extensive knowledge of cars, motorcycles, and mechanics in general. I didn’t go to college for that and I’ve learned more than I have from the college courses I’ve taken recently for automotive. What I’m trying to say is college is not always the answer, sure sometimes you absolutely need a college degree, for example to be a doctor or an engineer (which is what I plan on going to school for) but more times than not people feel like they have to have a college degree and from my experience you don’t just need a degree, you need to work, you need to want to work and work hard in everything you do. Most people I know are lazy and expect everyting to be given to them. Don’t rely on the government, work hard, and accept that no matter how much you may not like it you and you alone are responsible for your future. This is a free society and I believe if you work hard at whatever you do there is money to be made and a good life ahead of you.

    • Mary Ann Pumilia

      Easy for you to say. Your dad has a business so you have the opportunity to work for him. Other kids dads work for someone else and those kids have to hit the pavement and look for work from scratch with no one helping them to get a first job. And there are no jobs out there. You are right, however – college is not for everyone- but we were all sold a bill of goods, that you have to have a college degree or you won’t get a good job. We’ve been had!

  • Antonio Gonzalez

    Really, the game is over, and we can’t do nothing.

  • Cinderella Man

    I hate to say it, but part of the problem with the men living at home broke and unemployed is that women are now doing the jobs that men used to do. I watched ABC nightly news the other day and they had a story about women training to be ironworkers on skyscrapers. So I guess if youre a minority woman that needs a job you can get one doing mens work. The story also had to include how courageous these women were for putting up with the teasing from the men. They shouldnt be there in the first place! What wrong with doing a job that is traditionally a woman’s job? I guess white male shouldnt apply, you are the new underclass!

  • http://mortgageimplodeometer lewdog

    life is one big party thrown by god so relax. enjoy life.

  • CitznKate

    @chiller, I believe you are onto something.

    It is the strength of devotion to family that will pull us through the crisis. The most successful civilizations are those whose core beliefs stress the importance of the family.

    Civilizations whose people have been run over roughshod by despotic regimes and whose countries have been sliced up by warring factions into artificial nation-states with puppet “strong-man” rulers have survived because of the core principle of devotion to family.

    The most basic unit of civilization is the family, and there is more than one kind of family. Some families only have a mother and children, or only a father and children. Some have two parents and children, and some have these plus a grandparent or two. Some households work like a family even though the people in them are not all related.

    The goal of the young person should be to reach the point where he or she is able to make a meaningful contribution to the household; this may not always be monetary in nature. As evidenced by the prices paid in money for the types of services that used to be available in the household through the efforts of a stay-at-home parent, the monetary value of such services should not be discounted.

    Some things are literally priceless. There is no corporation in the world that could afford to pay what it is worth for someone to be there to drive an aging parent safely to and from a medical appointment or to see to their needs in the safety of the home rather than shunting them off into a nursing home. The knowledge and experience that an elder family member possesses cannot be bought anywhere.

    Even after a young person is able to be self-supporting, that does not mean he/she is relieved of the duty to care for his/her parents and watch over younger siblings.

    The strongest families will make it through the crisis. The weak ones will be scattered to the four winds.

  • REED RICHARDS

    A jobless and homeless bum living at home with mommy and daddy, or a jobless convict in prison, what’s the difference?

    People, the education system is working as it was intended to work. Making mindless drones who have only three words on the brain, yes, sir, and ma’am. Thinking for one’s self, a colossal no no. Also, being tens if not hundreds of thousands of dollars in debt is an even better proposition than slavey ever was. This is what the bankers and the globalists want, this is what the people are giving them, so what is there to complain about? It’s the fault of the morons themselves that they were suckers and bought into a scam where crooks running education scams promised them non existent jobs in exchange for six figure student loan debt for a BullSh*t college degree in liberal arts or chinese history……….

    • DaytoDay

      “Also, being tens if not hundreds of thousands of dollars in debt is an even better proposition than slavey ever was.”

      Reed, I wouldn’t go that far…. ha

  • Orange Jean

    It would be interesting if there were some real data describing the reasons why this is happening. I can believe that there are some who are living at home because they can’t find work (typical of recession times).

    However, I work at a place where my “baby boomer” director favors employing “young people” – and he pays them a very high salary ($45-50+) for a 2-3 year internship, considering they have degrees (most Master’s, which I also have) but little to no experience. He hired me, with similar education but 18 yrs experience … at about $2K more than the slightly experienced ones.

    Of the 40 or so young people each year that go through our department, there have only been two who lived at home. HOWEVER, the reason those two did was for some pretty immature reasons – primarily, spending out of control. BOTH of them bought a brand new, expensive car (one a Camry, the other a BMW); both of them constantly sport new fancy clothes and both of them constantly spending money on things like the latest “devices”, phones, etc. As far as I know, neither of them chips in an helps pay for expenses at home… and one of them (a young lady who now has a permanent job with my department at about $60K/hr) constantly complains about having “no money”. Go figure?

    • Big Meech

      Good for – once again, this is more of an anomaly than the rule. Most of my classmates would kill for one of the jobs at your company, or even at Starbucks for that matter. We often joke when one of us gets a salary offer that borders on “decent” that the baby boomer manager is so self absorbed that he doesn’t know he can offer $30,000 rather than $50,000 and still get 100s of applications. As mentioned, whenever we post anything, especially for engineers, tons of applications come in, and very, very few are not qualified. I would argue that many of the applicants have amazing credentials – and they come from all over the world. So once again, your company is the exception.

  • Orange Jean

    Sorry… I goofed in that last sentence, I meant the young lady is making about $60K/year … not an hour.

  • Mary Ann Pumilia

    My 24 year old son graduated college almost 2 years ago. He is still working a part-time $10 per hour job at a drug store – a place he has worked for 5 years and will not make him or anyone else there)full-time, nor give him a promotional opportunity. He even applies for jobs that only require only a high school diploma, yet has to take 65 question personality tests and jump through hoops only to be rejected before he can even get in the door. He is living in his college town in another state and sharing rent with a college student. We paid for his education, so thank goodness he has no debt. We gave him one of our cars, have him on our health/dental insurance plans and give him money to pay for his car insurance. But how long can this situation last? I dread to think what would happen if he is forced to move back home with no friends in the area and no job whatsoever. Very scary – I have a lot of anxiety over this!

    • Kevin2

      Mary Ann

      What is his degree in?

      • REED RICHARDS

        Kevin2

        He has a master’s degree in uslessness…….

        • Big Meech

          Probably engineering or business. Our company posts a position for engineers or accountants – and we get saturated with qualified applicants.

  • Dude

    Ron Paul warned you all in 2008, and he was right.

    And now that you know, what do you do? You ignore him for Romney.

    Good job on ruining your own country geniuses.

    • REED RICHARDS

      Dude,

      Trust me dude, (no pun intended) I have never thought of or ever referred to the “amerikans”
      as “geniuses”. Quite the opposite………..

  • Alfonso

    this is all by design – the black pope controls finance – religion and government from the vatican – this is Biblical and it will get worse – there is also a coming food shortage and hyperinflation and it is all concocted – Barry Soetero, a Shiite Muslim but also a Jesuit Coadjutor is carrying out his orders from the black pope – and jobs that exist are being outsourced – its the NWO which IS the Jesuit Order of satan – and they will try to starve us into it —- dont accept the mark of the beast

  • Donny121

    I am currently in college and in a way I think the education system really does fail us young adults. Rarely rarely rarely ever did I hear anyone tell me to avoid the mindless liberal arts degrees. I graduated high school after the 2008 financial crisis when the economy moved that small bit closer to the smoking heap of garbage it’s well on the way to becoming and everyone seemed to think that everything was going to get back on track in no time at all. Well, it hasn’t, which goes to show the yutz’s up in the government and all the economists who are supposed to be smart have no idea how the world works given they have no predictive power at all. I prefer to get my analysis from the likes of those posted at goldseek.com and financialsense.com. Anyway… What I was told by high school counselors, teachers, and university advisers is that I should “study what you enjoy, study what you’re passionate about, if you don’t love it then don’t major in it,” and peers start foolishly repeating that to each other as well.
    That advice is repeated to thousands and thousands of college students every year.
    A lot of people’s parents seem to still be living in the 80s. A lot of people will still say that all you need is a college degree and then proceed to spout off about the fact that it is proof of critical thinking and such and hence you can get a job, as if that’s all a resume needs… I have friends who think their English degrees will be worth a lot because English majors have superior critical thinking skills… give me a break… Nonetheless, students are pressured to go to college and when they get there they are presented with a plethora of worthless degrees and a small minority of useful ones. The biggest problem is that most of those kids choose the worthless degrees and primarily aren’t even smart enough to do the more useful/difficult degrees (and even then oftentimes those aren’t as in demand as anticipated. There was recently a career fair at my university and several of my engineering friends were discouraged when they found that nearly every tech company there was only offering internships to electrical engineering and computer science students. Other companies were looking for cream of the crop business students mainly). Colleges don’t mind the money so they just soak it all in and hand out as many garbage degrees as are completed, knowing that only some small percentage will productively use their (rather impotent amount of, in my opinion) knowledge. It seems like a big joke because it is. I went into college idealistic as heck. What I’ve learned about the world since then is incredibly disappointing.

    • Mary Ann Pumilia

      You are exactly right Donny 121!

  • Mary Ann Pumilia

    I know…I know……..BA in Communications with a Business Concentration (as opposed to Media). He started out in Meteorology and didn’t do well in Math/Chemistry, was suffering through -hated those classes and didn’t care for the teachers, etc., so he switched, since you pay for credits whether you pass or fail – $400 per credit! And it gets prohibitively expensive to keep retaking the classes. (He originally wanted to be a weather broadcaster-years ago you didn’t need to be a scientist just to recite the weather on TV, but now you have to have a degree even for that!)

    Also – years ago, it didn’t matter what your degree was in – you could get a job doing something and many employers just wanted at least some college education. I am a case in point – I have an AAS degree in Journalism Technology. When I graduated, I applied for jobs both in and outside of that field. I ended up in a job that was in health care (business end) and it was advertised that you needed at least “some college” – didn’t matter in what-

    Obviously that is not the case today – there are no jobs for ANYONE – even engineers have it hard.

  • Jeff

    I bet its not a STEM major. Getting a college degree in a useless field will absolutely land you a career path of:

    coffee shop worker -> coffee shop manager -> SSA

  • kalord

    I wish you could do a story like this and show how the autism epidemic is behind some of this

  • Kenuck

    What’s wrong with sharing a dwelling and helping mom,dad,grandpa,elderly aunt or neighbor?Get over it…the days of 3,000sqft homes to yourself are over…and these useless degrees.Want to learn something?Go online,go to the library..adapt or die.

    • laura m.

      There is no way kids would stay at home in my day; they left at 18 and made it; many didn’t go to college but got good paying factory jobs, married and bought a house. Others shared rent and worked (in the 60’s)as parents were strict and girls got out of the house even if they had to work part time in night clubs and a day job. This was when rib eye steak was 59 cents a lb and rent was $50 to $60 a month incl all utilities in town. Major cities rent was more.

  • bobinsherwood

    All I know is I still can’t get anyone to cut my grass or shovel snow from my sidewalk like young people used to do in the 50’s, 60’s, and 70’s. Today only businesses that charge an arm and a leg will provide the service for 3X what the service is worth so I do it myself. Spoiled Brats!

  • Dennis Pidge

    The only reason to go to college today is to get an engineering or science degree. Otherwise, forgo the expense. Learn a trade or skill. I have two boys in college studying radiology and geology and their biggest complaint is that they can not get the classes they need. It is obviously apparent that the purpose of higher education has a single purpose: to suck money from parents for books, which are outrageously overpriced, and impoverish students into debt for no other reason.

  • tappedops

    Bla Bla Bla… you would all be living in tents with no plumbing…walking to your slave-wage jobs if it were not for all the ass-busting blues that gave you your cush (i chose the right degree)so-called lives… look around lazy-ass…we the hard working american built this place…you my (other peoples money) lazy money-changing re-fi wana-be productive slouch dont count as “American Workers”… your ghosts in a landscape at best…

  • smoochalisious

    HYPERINFLATION-
    In economics, hyperinflation is inflation that is very high or out of control. While the real values of the specific economic items generally stay the same in terms of relatively stable foreign currencies, in hyperinflationary conditions the general price level within a specific economy increases rapidly as the functional or internal currency, as opposed to a foreign currency, loses its real value very quickly, normally at an accelerating rate.

  • Jeremy

    Don’t feel sorry for us. This is definitely a very bad period, and while it may be true that our society failed our younger generation, what is done is done. I am in a very difficult position: low paying job, professional degree, and well over 100K in student loan debt. I take the Bar in July, and maybe then I can get a better paying job; until then I am living with my parents. There is nothing worse, though, than pity, and it is a surefire way, if aceepted (the pity), to become angry and bitter (as you say). I won’t give in to the pity party.

  • Jeremy

    One more thing. We young people are still responsible for our actions, and accountable to God in the end for how we responded to these times.

  • http://infowars.com cletus van damme

    “When there is civil unrest, it is not those 65 and older that take to the streets.”

    The 65 and older think the economy is fine; they all livin it up in florida, and think that america is still a global leader. However, when you ask kids who will be the economic leader in the 21th century, we all say china. Hmmm, I wonder why Ron Paul is getting the youth vote…

  • Dave

    I am 33, and had to move back home after trying to make it on my own. I tried dong the right thing, even going to Iraq in the War on Terror. All I get in return is no job, no money, and no hope. I am one of the many disillusioned, angry young men, this article talks about.

  • Doug

    The prevelance of adult children living with their parents is a 4 fold issue. First The economy is bad, however this is a more recent development (last 4-5 years) and is not the root cause. Second the cost of housing in urban/suburban areas is outrageous. I know the housing market has “collapsed”, but the correlation between high cost of living and the ability to get a job is still there and with more people looking to rent rents are going up. Third is the debt load (especialy student loans). But the fourth element is that mom and dad dont give a reason to move out in the first place. This is a cultural issue first the economic factors are just reinforcing the cultural ones. BTW I am 34 and moved home after undergrad for 2 years, went to grad school moved back for about 3 years after that. I have been “on my own” for about 5 years now so I understand this personally.
    The other issue is that people (not just the youth) are too focused on “finding a job” instead of “earning a living”. People are much less willing to try to go into business for themselves (often for good reason) but do not see that they need to add value instead of doing a job. Add to that the aging population who are taking longer to retire and who are willing to go back to work to suppliment their income as opposed to depend on their job’s wages devaluing the cost of having a worker. Finally when you add the impact that illegal immigrants have on the economy it just lowers the bar for everyone. I understand that “illegals” often do work that others are unwilling to do, but if there was no one to do them employers would be required to pay more. Yes in the end things would cost more (especially for restaurants and landscaping) but the money would stay in the country and would be taxed.
    Just remember adults living with thier parents is not the problem it is a symptom of it.

  • Terry

    Someone with a $600 mortgage payment should be thrilled. I’ ve paid more than that to rent a freaking ROOM.

  • Terry

    Let Junior and Missy stay at home with Mom and Dad. If they ever move out, millions of marginally housed Americans will be at risk of being priced out of the rental market and becoming homeless.

  • asd

    In a good economy, basket weaving degrees are good. Young adults can work their way up the corporate ladder. Older generation is just keeping the jobs they have before retirement. No where to go for the youth with an education.

  • DeborahMarchant

    Hi –

    This is a complicated issue. It’d be good to get the bottom of this. We can all put our hearts and mind and soul into helping younger people help themselves.

    Check out another website that has more insights about this issue:

  • DeborahMarchant

    P.S. In case you have a hard time finding the other website I suggested above, here is the title and more information about it:

    Why ARE so many young men failing to grow up?
    By FIONA ROBERTS
    UPDATED: 09:26 EST, 5 July 2011

    Read more: http://www.dailymail.co.uk/news/article-2011261/Americas-Lost-Boys-Why-ARE-young-men-failing-grow-up.html#ixzz1uogwYoQQ

  • http://arrendondoirizarri626.newsvine.com/more Juliane

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  • Duane Miller

    The reason is not our education system and It has nothing to do with our young adults at all. It has everything to do with corporations exploiting cheap labor and moving our jobs elsewhere. Nothing will change until it gets more expensive to manufacture goods abroad and ship them, they will then begin to start making them closer to home.

    -Duane

  • Duane Miller

    The world economies are going to find an equilibrium like an ice cube in a glass of warm water.

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