Michael T. Snyder of the The Economic Collapse blog has a must read post on his website that basically points out twenty different signs about how poverty in the United States is ruining the lives millions of young adults and children. A lot of the signs that Michael writes about are related to the current education bubble that we're facing right now. Here is the link to the blog post and some of the education related signs that are mentioned.
Read: 20 Signs That The U.S. Poverty Explosion Is Hitting Children And Young People The Hardest
5. For the first time ever, more than a million public school students in the United States are homeless. That number has risen by 57 percent since the 2006-2007 school year.
8. The 18 to 24 age group has a higher unemployment rate than any other age group in the United States.
9. Young adult employment is now at the lowest level that we have seen since World War II.
13. Since the year 2000, incomes for U.S. households led by someone between the ages of 25 and 34 have fallen by about 12 percent after you account for inflation.
14. In 1984, the median net worth of households led by someone 65 or older was 10 times larger than the median net worth of households led by someone 35 or younger. Today, the median net worth of households led by someone 65 or older is 47 times larger than the median net worth of households led by someone 35 or younger.
15. During 2011, 53 percent of all Americans with a bachelor's degree under the age of 25 were either unemployed or underemployed.
16. Many young people are finding that they cannot afford to get married these days. Sadly, an all-time low 44.2 percent of all Americans between the ages of 25 and 34 are married right now.
17. Right now, approximately 53 percent of all Americans in the 18 to 24 age group are living at home.
18. The number of Americans in the 25 to 34 age group that live with their parents has grown by 25 percent since 2007.
19. One survey discovered that 85 percent of all college seniors plan on moving back in with their parents after graduation.
20. Overall, approximately 25 million American adults are living with their parents in the United States right now according to Time Magazine
These facts speak for themselves and if you read the blog post, you'll find even more chilling facts about rampant poverty and unemployment is among the youth. All of these facts have also been properly cited and linked so you can click on the articles and websites where these statistics originated from.
1 comment:
Hi Roberto, This is a very revealing article. I have sensed for a long time the international bankers have targeted the wealth accumulated in America over the last 230 years. This article shows the symptoms of the complex spider web woven by the bankers and secret society planners. If you want to get married, just get a justice of the peace for $100 bucks, don't get in debt and work like hell to save for the future. Pretty sad.
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