photo by ArtChick
Research shows marriage is responsible for the creation of wealth – so why aren’t millennials interested?
Generation Screwed
By Naomi Schaefer Riley
October 20, 2014 | 7:47pm
The attitudes of millennials toward marriage are getting harder and harder to understand.
This is a demographic whose economic prospects have never looked good.
They are coming of age at a time when college tuition is at record levels, student debt has surpassed a trillion dollars, houses (even after the bubble popping) are unaffordable, unemployment remains stubbornly high and wages have stagnated in recent years.
It’s no wonder they’ve been nicknamed “The Screwed Generation.”
So you’d think that if research shows there is something that could be a surefire way of improving their economic lot, they would grab hold of it like a life preserver. Well, you’d be wrong.
In fact, research has shown marriage to be responsible for the significant creation of wealth — yet millennials don’t seem interested. The average age of a first marriage for men is 29 and for women it’s 27. Many are simply not marrying at all.
Almost half of children born to women under 30 are out-of-wedlock births now, according to a recent study by Child Trends, a Washington-based research group.
https://nypost.com/2014/10/20/generation-screwed/?utm_campaign=SocialFlow&utm_source=NYPTwitter&utm_medium=SocialFlow