epending on what you read, millennials are either lazy and entitled moochers who can’t move out of their parents’ basements, or they’re victims of the most severe and protracted economic slowdown since the Great Depression.
A comprehensive new report from Stanford University’s Center on Poverty and Inequality suggests it’s the latter narrative we should be paying attention to. The report reviewed the state of the millennials, covering topics as varied as student debt, employment, income, and social mobility. In general, it presented a mixed outlook: While some millennials — in particular, those with college degrees — are doing okay, for others — namely those without an advanced education — it seems the American dream has become a distant memory.