Millennial Lives Different From Grandparents: 25 Ways How


Anyone who’s read the news lately has heard about millennials “killing” a number of industries: vacations, beer, napkins, cereal, golf, and diamonds, to name a few.

The consumption habits of the “kids these days” have changed from those of their grandparents, but the factors driving this change are varied and difficult to pinpoint.

“Millennial” has long been a catch-all term for any young person, but the Pew Research Center tecently issued official cut-off dates for the millennial generation.

Millennials are defined as those born between 1981 and 1996—meaning millennials aren’t quite so young anymore.

Millennial Lives Different From Grandparents in 25 Different Ways

Home Ownership

A big house with a white picket fence may have been the goal for baby boomers, but millennials have had to set their sights a little lower.

Most millennials came of age during the recession and real estate collapse of 2007 and 2008, and many have been forced to delay purchasing their first home.

Thanks to high student loan debt, slow wage growth, and fewer single-family homes being built every year.

Higher Education

The economic benefit of a college degree has spurred increasing numbers of Americans to head to college.

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