Millenial net worth has dropped by 34%. Yes! You read that right. Our generation is already starting off at a big disadvantage compared to our parents. Over the past 10 years, the cost of college has risen by 54% (after factoring in inflation); while wage growth has only grown by 6.5%. The average college graduate has a student loan balance of almost $30,000, which doesn’t even go away with bankruptcy. This means you’re fighting way more people than your parents did, for a lower paying job and a mountain of debt that starts accruing interest the second you graduate. Does anyone else realize how bad that is?
Graham Stephan puts it perfectly. Watch this video to open your eyes and your future self will thank you.
