“If stupidity got us into this mess, why can’t it get us out?” -Will Rogers
High college tuition, high rents, small apartments, economies increasingly centred in cities — we have a different world to adult in. Only a small part of what our parents learned is still applicable in our times.
Let’s see some things that our parents had going that no longer apply to us:
- Work part-time and pay tuition in full. Tuition growth has far outpaced wage growth. It takes much longer to work part-time and complete undergrad at the same time.
- Buy your own car. In most cases, it makes more sense to Uber/Lyft.
- Get married at 21. Unless you are lucky, you will be in your later 20s and 30s before you get hitched.
While these are just some of the changes, the implications are still far-ringing. Massive college debt, delayed home-ownership, and much easier transit.
It’s a mess!
But rationality can make the process easier. Yes, with a small number of privileges and tonnes of rationality, any millennial can thrive in today’s society.