Whichever group you belong to, theLost Generationsubreddit will likely have something for you. This group of 376,000 members has no shortage of posts that express frustrations about student loans, rising healthcare costs, andwealth inequality.
We’ve compiled some of them into this post, which may (or may not) stir some emotions.
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Fellow author Ernest Hemingway then used it as an epigraph to his 1926 novel, “The Sun Also Rises.” It was believed to be an accusation towards younger people in their 20s and 30s and their supposed lack of purpose during the First World War.
In our intro, we discussed a common trait among manyboomers: their unwillingness to change their old ways of thinking and doing things. As it turns out, some do so out of necessity.
However, aging in place has caused a housing shortage since empty nesters own 28% of three-bedroom houses in the United States. That leaves only 14% for millennials with children.
And with a shortage comes price hikes. In May,Bankratereleased a report revealing that the median home sale price as of that month was $419,300, a 5% increase from 2023.
According to a 2023Forbesreport, the median student loan repayment amount of $25,000 to $30,000 per borrower could be a factor. Given such a debt load, many cannot afford long-term savings for a down payment on a home or retirement.
For experts fromHofstra University, the obsession with technology and social media could be one reason. Associate professorJamie Mitussays tech addiction may result in psychological disorders like depression, repetitive motion disorder, anxiety, and sleep deprivation, to name a few.
“When you’re getting a device at five years old, you haven’t developed that ability to regulate yet,” he explained. “So it’s easier to slip into the impulsivity of using the technology and having a harder time breaking away from it.”
The mental health crisis among Gen Z has also left them struggling to land jobs. In January, theNew York Postreported a survey involving 800 hiring managers and executives in the U.S.They revealed that recent college graduates are failing job interviews, urging 60% of employers to offer more benefits to attract older workers.Experts like publishing entrepreneurStephanie Kaplan Lewisare pointing to anxiety as a likely cause. In a January interview withThe Guardian, she stated that Gen Z “won’t use corporate speech” and “may struggle with eye contact, body language, fidgeting, or not holding their phones.”
The mental health crisis among Gen Z has also left them struggling to land jobs. In January, theNew York Postreported a survey involving 800 hiring managers and executives in the U.S.
They revealed that recent college graduates are failing job interviews, urging 60% of employers to offer more benefits to attract older workers.
Experts like publishing entrepreneurStephanie Kaplan Lewisare pointing to anxiety as a likely cause. In a January interview withThe Guardian, she stated that Gen Z “won’t use corporate speech” and “may struggle with eye contact, body language, fidgeting, or not holding their phones.”
Despite these generational struggles, Boston University experts say we have many good reasons to be optimistic aboutthe future.An articlepublished on the school’s official website in early 2024 mentioned greater acceptance of mental health matters, the use of AI to speed up scientific discovery of new drugs, and the improvement of healthcare as some things to look forward to. It isn’t all doom and gloom, after all.
Despite these generational struggles, Boston University experts say we have many good reasons to be optimistic aboutthe future.
An articlepublished on the school’s official website in early 2024 mentioned greater acceptance of mental health matters, the use of AI to speed up scientific discovery of new drugs, and the improvement of healthcare as some things to look forward to. It isn’t all doom and gloom, after all.
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