A new study says an overwhelming majority of millennials want to be homeowners, but student loans are holding them back

A new study says an overwhelming majority of millennials want to be homeowners, but student loans are holding them back

For many millennials, the idea of homeownership is still a big picture dream, with a new study saying 89 percent plan to purchase a home in the future — but simply can’t because of student debt. According to a recent study released by Apartment List, 6,400 millennial renters nationwide were surveyed in regards to their plan for owning a home. Despite the majority of young people wanting to migrate away from renting, 48 percent have nothing saved for a down payment. One of the leading reasons, according to Apartment List,…

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Student-Loan Debt Is Crushing Millennials

Student-Loan Debt Is Crushing Millennials

In their 2015 song “Stressed Out,” which got an astonishing 1.5 billion viewson YouTube, the band Twenty One Pilots had a line lamenting student loans. Atlantic writers Conor Friedersdorf and Megan Garber declared the song to be the anthem of the millennial generation. Many educated millennials would likely agree — since 2006, student debt has approximately doubled as a share of the economy: The increase seems to have paused in the past two years, possibly due to the economic recovery (which allows students and their families to pay more tuition out of current…

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Confidence, curiosity ensure millennials succeed in career

Confidence, curiosity ensure millennials succeed in career

I find myself often in a rather unenviable position to predict the future of jobs. In spite of my valiant Nostradamus attempts, I have concluded that predictions are good for TRPs but are potentially misguiding for our youth. India’s job market has witnessed many unpleasant incidents in the past twelve months — while as a nation, through various noisy debates, we kept reacting to the symptoms but did not try to get to the root of the issue. Since childhood, youth here have been told by parents that they need…

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Over 80% Indian millennials ready to switch jobs for a pay rise: Report

Over 80% Indian millennials ready to switch jobs for a pay rise: Report

For the Indian millennial workforce, money is the key motivating factor to stick to a job as 83% employees – aged between 25 to 34 years – would consider switching jobs for a salary hike, says a report. According to a survey conducted by global job site Indeed, over 80% of respondents agreed that they would consider changing their jobs to secure a pay rise. However, a number of respondents also stated that they would be willing to accept alternative benefits at work in place of a pay raise. Over…

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Can Millennials Build Consulting Into A Career?

Can Millennials Build Consulting Into A Career?

Consulting has a lot of appeal. Over 600,000 people in the United States currently operate as consultants, and the profession continues to be in high demand—both from businesses that need outside expertise and from professionals looking to make a living off their knowledge and experience. But for millennials—the relative newcomers of the business world, and the shapers of the norms and trends to come—is consulting a feasible career option? The Appeal of Consulting First, let’s explore why consulting businesses are so appealing in the first place: Low startup costs. Your…

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Why Millennials Already Have Career Regrets

Why Millennials Already Have Career Regrets

There was a little-known third cofounder of Apple named Ronald Wayne. Two weeks after Apple was incorporated in 1976, Wayne left and sold his 10% stake in the company for $800. Now 84, Wayne lives off his social security check outside Las Vegas. Today, his shares would be worth $63 billion. This is a millennial nightmare. In the age of online businesses, booming tech and an unpredictable economy, millennials live with prospective regret. We wonder if chose the right course, or if we should instead try one more of another…

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Millennials Are severely Unprepared for the personnel

Millennials Are severely Unprepared for the personnel

another day, any other miserable document about millennials, the technology born among 1982 and 2002. This week, PayScale released an in-depth take a look at that asked employers how prepared they feel their employees are for the personnel upon university graduation. We also asked the same of personnel themselves. And the records verify what most of us already understand. Millennials are not effectively organized for the body of workers. shall we dig into the statistics so that you can see the numbers for yourself. rsz_milleny reproduction (picture credit score: startupstockphotos/Pexels)…

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Are Millennials Changing the Culture of Work?

Are Millennials Changing the Culture of Work?

What the boss says, goes. Don’t put anything online that you wouldn’t print out and hang over your desk. Don’t expect a free lunch, or a fast promotion, and always remember: your mama doesn’t work here. Those are the old rules of corporate culture, and most of us – especially if we were born before ubiquitous internet – agree that they’re still the smart way to go. After all, what is etiquette, but a way to keep from driving our neighbors crazy, whether those neighbors live across a driveway or…

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