War on the Young Boomers Mismanage Their Pensions, Millennials Pay
The University of California will raise tuition by 28 percent over the next five years in order to save a mismanaged pension fund. The extra debt students will have to take on to fix their elders’ mistakes could set these students back by many years.
War on the Young The Underemployed Generation
It’s a bad time to be young. According to a new report by the Federal ReserveBank of New York (h/t Andy Quinn), around 44 percent of recent college graduates (22-27) were underemployed in 2012—meaning they had jobs that didn’t require a college degree. The inability of politicians and the Boomer generation to develop any pro-millennial agenda except “let them smoke pot” is a scandalous failure.
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