Econ Conditions Harder On Generation Me Summary

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Jean M. Twenge Ph.D is an associate professor of psychology at San Diego State University. Some of her research has been published in the Time, USA Today, The New York Times and The Washington Post. She has also been Featured on Today, Dateline and National Public Radio’s All things Considered. In the chapter Twenge tries to prove that economic conditions are harder on Generation Me then past generations. By using different types of evidence Twenge is able to show that econ conditions are harder on GenMe’ers. She uses anecdotal evidence, empirical evidence, and, expert testimony. Some of the Economic conditions that Twenge is referring to are rent mortgage and housing, dual income, and student debt.

On page 120, Twenge quotes sociologist James Cote saying “ You need a college degree now just to be where blue-collar people the same age were 20 or 30 years ago.” On the same page Twenge uses the story of Anne, age 20, to prove that what James Cote is say is true. Anne says that she has experienced this first hand. Anne states that when her parents were growing up all they needed was a highschool diploma to get by, but now things are so much harder,and the pressure is put on you to go to college and get a degree. Anne also states that to her it seems that more people in today’s generation are depressed because they can’t achieve their dreams of owning their own house because the
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Twenge explains that between 1997 and 2002, the amount Americans age 25 to 34 spent on mortgage went up 24%. The amount spent on property tax went up 15%. The amount on home maintenance and repairs went up 24% and the amount young adults spent on health insurance went up 18%. Twenge also thinks that these numbers will increase even more, given the spike in housing prices since

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