For-profits under fire as value comes into question.
Young Americans probably missed the memo regarding the economic recovery that has been taking place since 2009. Apparently massive student debt, living at home, and a market full of low-wage jobs isn’t exactly the picture perfect ideal of a booming economy. Millennials are facing an uphill battle. The market has virtually eliminated the pension system and has reduced benefits to the barebones for most workers. All of a sudden a large army of Americans are part of the “Uber” economy of freelance workers. You have two systems clashing with one another when many baby boomers are trying to unload their assets to another generation that is simply not as wealthy or economically secure. The recovery has been anything but even and the brunt of the financial damage has been taken on by the young. If we look at the figures it paints a picture of a lost generation financially for young adults.
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