Economy Hinders Youth Life Plans – OnlineBusinessDegree.org
Recent polling data released by Generation Opportunity, a not-for-profit organization established in June 2011 to educate young Americans about the nation’s economic issues, shows that 89% of Americans aged 18-29 are impacted daily by the current state of the economy, with 84% delaying or cancelling major life changes and purchases.
Poll results reveal that 32% of 18- to 29-year-olds are delaying or canceling returning to school/pursuing more education or training, while 26% are delaying or canceling paying off their student loans or other debt.
The poll data also reveals that 64% of 18- to 29-year-olds believe the availability of more quality, full-time jobs after graduation is more important than lower student loan interest rates.
Generation Opportunity president and former U.S. Dept. of Labor chief of staff Paul T. Conway stated that millennials – or the Y generation – are savvy and know national policies have a personal impact. He also said elected leaders should take notice of the poll results.
The poll was conducted online by the polling company inc./WomanTrend for Generation Opportunity and surveyed 1,003 American adults aged 18-29 between July 27 and July 31, 2012.
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