generation y

generation y

81 Percent of Generation Y Checks Facebook Every Day

Days after the announcement that Time Magazine named Facebook Chief Executive Officer Mark Zuckerberg their prestigious, notable and coveted “Person of the Year,” reports have arisen that Generation Y, the generation of Mark Zuckerberg, uses his program twice as much as they watch television and/or read local or national newspapers.

Generation Y is the demographic that is typically described as Americans born between 1975 and 2000 with a heavier statistical focus on the birth rates of 1982 through 1995. Also commonly known as the Echo Boomers, Millennial Generation, Millennials, Generation Net and Generation Next, a large majority of Generation Y are children born of the previous generation known as the baby boomers.

The report also showed that 81% of Generation Y users log into their Facebook accounts daily to check up on their friends, news, brands they “like”, upload pictures and videos, RSVP to events and for general communication purposes.

Read the rest of this entry »



New York Times Bashes 20-Somethings

Generation Y

The NY Times is known for churning out bold articles, but when they published an 18-page article, yes 18 pages, titled “What Is It About 20-Somethings” online four days ahead of its scheduled Sunday magazine street publication date, their public relations department surely took their phones off the hook.

Angered Generation Y students and professionals across the country are lashing out at the journalistic publication for their bold piece that is full of stereotypes and ignorant opinions that they strategically mask as statistics or psychological and developmental studies.

Specifically the article’s condescension bashes everyone in America between the ages of 20 and 29 by saying:

“The traditional cycle seems to have gone off course, as young people remain un­tethered to romantic partners or to permanent homes, going back to school for lack of better options, traveling, avoiding commitments, competing ferociously for unpaid internships or temporary (and often grueling) Teach for America jobs, forestalling the beginning of adult life,” implying graduate school is for uncommitted students, as is traveling and working hard at unpaid internships. I also am shocked the article would openly bash Teach for America, a prestigious program that is enriching America’s youth. The article is appalling. Read the rest of this entry »



Generation Y to Struggle Financially Forever

Credit Card PaymentAccording to new published reports, students and graduates born between 1980-2000 are probably going to be financially screwed for the rest of their lives.

This report comes from financial advisor Lee Jenkins of Lee Jenkins on Money. He asserts that “They have high, unrealistic expectations and many don’t manage money very well.”

Even prior to the December 2007 recession the students were destined for doom. Their parents had the G.I. Bill and pension plans while they have expensive high-tech gadgets necessary for scholastic success along with an average of $23,200 in student loan debt come graduation.

Additionally, the entire generation faces economic struggles come graduation where they will encounter a decline in health benefits, chronic job insecurity, stagnant wages, and a soaring increase in basic living expenses while having minimal savings. Read the rest of this entry »



3 Campaign Issues Most Important to College-Aged Voters

Yesterday we discussed how the under-30 voters could play their most influential role ever in the election of our next president. If all 44 million eligible voters in this Gen-X/Gen-Y demographic turned out to the polls, they would impact 25 percent of the overall vote. Right now it’s anticipated that 86 percent of these voters will show up on election day.

What is it that these young, and some first-time voters, are interested in hearing from the candidates? For this age group, their priorities are:

1. Economy

2. Iraq War

3. Health Care

“For us, that’s a big thing because we’re starting our careers and we need jobs,” said Sam Szynskie, a 21-year-old senior at Lawrence University.

It can be a worrisome time for new college graduates, as they enter the work force saddled with mountains of student loan debt, likely credit card debt, and a desire to put the past four or five years of hard work into lucrative practice. With the economy sliding further down the spiral everyday, and large companies continuing to slash jobs, students are paying attention to the economic plans of our next leader and making sure there is something in it for them.

The under-30 voter is also more concerned with the environment, finding more Earth-friendly energy solutions and reducing our dependency on foreign oil.



Under 30 Vote Most Influential in History

It’s no secret that the young voter population is paying attention to this presidential election in record numbers, and being more involved than they ever have before. The 18- to 29-year-old vote is one that’s been highly sought for years by candidates, but because of a vicious cycle where candidates don’t listen to the college voter because they don’t vote and they don’t vote because the candidates don’t listen – they both end up losing one another’s attention.

A fire has been lit, and people from both political parties are certain that the college-aged, 20-something voters will turn out in record numbers, likely to be higher than any other election in history.

How important are these votes? They’ll be quite influential, considering the 44 million eligible voters who fall in this age group make up one-quarter of the total electorate. They’re impact on this election could be quite decisive. Read the rest of this entry »



Paychecks Motivating College Students, Not Happiness

Add foresight to the list of Generation Y’s credentials. A recent survey by Experience Inc. indicates that students are planning now for paying off their student loans- 47% said they chose a career path based on their student loan impact.

College graduates are taking preemptive measures to deal with the financial ramifications of student loan debt,” said Jenny Floren, founder and CEO of Experience.

About two-thirds of students currently attending college are likely to accept employment with a company offering loan repayment or assistance. And sadly, nearly half of students surveyed said they’d accept a job with a higher paycheck, even if it meant not being happy with the job, as a means to pay student loans.

It’s definitely a signal to HR directors everywhere- the next time you revisit employee benefits, a student loan program is going to be imperative to attract the next generation of employees.



College Grads Are OK with Living with Their Parents

Telling people you live with your parents doesn’t quite have the embarrassing ring it once did. According to CollegeGrad.com, more college graduates are moving home with their parents following graduation than have in the past few years.father and son

Up ten percent from just two years ago, 77 percent of college graduates are settling back in with their parents. The economy seems to be part of the reason, but a career services rep at University of Illinois at Urbana Champaign, Sarah Zehr, suggests Generation Y has “close relationships with their parents” and that the usual stigma associated with living at home don’t apply. It’s a trend she says isn’t completely related to the economy.

Do you have plans to move home after graduation? Did you move home after graduation, and what were your reasons?





About

We help students find reviews on colleges, get help with student loan refinancing and other resourceful content to help students.

Social Links

© 2018 EDUInReview.com