Millenials: The Rise Of The American Dream

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Millenials, Americans born from 1981 to 1997, are being attack for being lazy and entitled, and abandoning the American dream. Millenials this year will eclipse in size the previous Gen X and baby boomer generations and by 2020 will comprise half of the U.S. workforce (Grisales, 2015). There is a ton of research on the millenial generation of about 75.3 million Americans. Millenials are approaching the workplace differently than any other generation, thus giving us a different outlook on the American Dream. The American Dream has been part of our culture since the 1930s, with hopes of home ownership, a good job, and retirement security. The Millenials on the other hand have a different outlook on the American dream. Millenials are said to being …show more content…
“We don’t have the traditional tracks that our parents had…going back to the American Dream its not that Millenials don’t want that…we do…I think we are creating a hybrid of the American Dream and getting to them when we can” ( Roheim, Bors, Blackmer, Malski, and Redd, 2013).In a poll taken in 2013, 38% said travel is a part of the American Dream and only 28% said secure retirement (Kadlec, 2013). This attitude might not make sense to the baby boomers, or Gen Xers but for the Millenials it makes sense in context of the era. Many of them saw the foreclosure crisis up close. Watching their parents work hard to keep a roof over their head only to have it rip away from them. Millenials also are more than ever in debt from paying for school. They aren’t able to buy a home as early in life like the baby boomers and Gen Xers. The dream of a large home for their family is not as important, because we have learned that the experiences in life that are most important. However the Millenials still dream of owning a home we just do not want to put all of our money into that home. Then there’s Retirement security, the Millenials also have “seen the retirement hopes of its parents fade with lackluster investment results and crumbling pensions” (Kadlec, …show more content…
Many college graduates have taken a job that there doesn’t apply to their degree or doesn’t require a degree at all. This generation was constantly told the key to the American Dream is education. Out of all the generations the Millenials are the most educated. Most finding out that after they’ve paid all this money for college that they cant get a job that applies to their degree. Instead of just taking a job that does not apply to their job field the Millenials are willing to wait. Millenial are very determined, we do not give up easily. Its true most of us want to work fewer hours and have a flexible hours, but who doesn’t? We worked hard but in a different way then other

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