[quote=flyer]Beyond the hype, I also think there is some just cause for concern among many when they see things like their kids not being able to get the jobs they want, or buy homes, and wondering if their retirement funds will last for the duration, etc., etc.
Guess we’ll all just have to wait and see how all of this plays out.[/quote]
Although I only had two years of college out of HS, I didn’t get the “job of my dreams” right away after college. It took me a few years to land my first FT job with benefits.
Fortunately, the PT jobs I had DID have benefits and I was able to live off my wages from them. I did buy my first home fairly young but it wasn’t located in an area of SD that I (or anyone else here) would likely consider even remotely desirable to live in today.
I think part of the problem of the college-educated Gen Y set’s “failure to launch” is that they are “too picky” about what job/housing they will accept … straight out of the gate. This mindset keeps them from moving on with their lives into adulthood. In some cases, their parents may be part of the problem by enabling them to live rent-free in their homes into oblivion.