I am a millennial. A word often heard in the media, used as a scapegoat for the country’s problems: “Millennials aren’t investing in the stock market as much as previous generations,” “Millennials don’t care about the housing market or lottery tickets or old mall favorites like Macy’s,” “Millennials don’t want kids any more!”
I read an article in the New York Times the other day about millennials, and it said that they have adapted to a “rise and grind” lifestyle. That millennials, who grew up expecting extracurricular achievement and good grades to amount to a lifetime of happiness and fulfilling their creative passions, feel left out by the world that gave them that idea in the first place. Crippling student loan debt and rising gentrification in big cities, significantly higher than previous generations, has set a standard for what we have come to expect from the outside world. When a person went to college before the 90s, were they expected to pay seven figures over 20 years to ever make up for the cost of their education? Since when has an education been so expensive?
Either way, the article in the Times talks about how the “rise and grind” lifestyle adopted by so many millennials stifles creativity and ensures a lifetime of boredom and depression. I’m not the least bit surprised. Waking up at 5am to go to Milford every day, for example, was not the ideal lifestyle for me. And yet it represents a kind of necessity, a need demanded by outside forces. Is there any wonder why millennials have some of the highest rates of mental illness of all generations? Is there any surprise that people suffering under false promises given to them as children feel betrayed as adults?
Just some food for thought today. Not sure what to think about it, but the article got me going a bit.