Center for American Progress

CENTER FOR AMERICAN PROGRESS

Posts tagged economy

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Young Adults Need HELP

New study uncovers some devastating facts about the economic status of young Americans: 
  • 62% of young adults ages 19-22 rely on their parents for financial support. 42% of parents pay for bills and 22% help with rent. 
  • 25% of millennials (young adults age 18-34) aren’t making enough money to meet basic needs. 
  • Most high-earning parents give financial help to their young adult children. Less than 50% of low-income do the same (if they can).

(Source: huffingtonpost.com)

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