General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsDo something for the millennials
The generation that got screwed when they graduated after the Great Recession, paid off their students loans, got screwed constantly. Some are saying happy for you. Many are pissed.
Fullduplexxx
(7,863 posts)muriel_volestrangler
(101,319 posts)"Paid off their student loans" doesn't seem like an accurate description of the millennial generation to me.
arlyellowdog
(866 posts)Thats the average loan.
Igel
(35,311 posts)there is a serious difference between the "average millennial student loan debt" and "the student loan debt owed by the average millennial."
One just look at the outstanding debts owed by millennials and averages them. This cancels all non-loan-owing millennials.
The other looks at the set of millennials, sums their debts, and divides by the # of millennials.
muriel_volestrangler
(101,319 posts)From my link, 14.9 million aged 25 to 34 do - a 10 year age group, so 1.49 million per year. And 14.4 million aged 35-49, which is 0.96 million per year. 6.4 million aged 50-61, which is 0.53 million per year.
So we find that more millennials have student loan debt than other age groups.
obamanut2012
(26,077 posts)msongs
(67,406 posts)CountAllVotes
(20,874 posts)*yawn*
Thomas Hurt
(13,903 posts)arlyellowdog
(866 posts)When someone answers how to appeal to the millennials our party is losing, Ill listen.
W_HAMILTON
(7,867 posts)Imagine thinking that all Millennials have paid off their student loans already...
arlyellowdog
(866 posts)If you are against a retroactive rebate then you hate people, blah blah blah. Give a retroactive rebate or tell me why not.
Celerity
(43,383 posts)see the point of this post. This action by Biden will help MILLIONS of Millennials.
There are major holes in your positings, both temporal and/or situational.
Not every Millennial graduated after (so 2010 and onward) the 2007 to 2009 financial crisis, and so many have NOT paid off their student loans, not even close. A shedload are still in uni.
canetoad
(17,160 posts)Celerity
(43,383 posts)vercetti2021
(10,156 posts)I'm 32 lol
Celerity
(43,383 posts)I actually self identify as a Zillennial or Zennial (a micro gen born 1992 or 1993 to 1998 or so)
https://www.urbandictionary.com/define.php?term=Zennial
Zennials are those of us born in the micro-generation occurring between 1992 and 1998 in the blurring of time that manifested itself between the Millennials (roughly 1980/81/82 to 1994/95/96) and Generation Z (roughly 1995/96/97 to 2010/11/12).
There has been a lot of debate as to whether the last cutoff year for Millennial Gen is 1994 (as some start the 15 year Millennial gen in 1980), 1995 (my preferred cutoff and cited on Urban Dictionary a lot), or 1996 (now becoming more popular as the cut-off date as the generations mature and congeal). Therefore, to arrive at the Zennial micro-gen years, take the middle of those 3 years (1995) and extend it 3 years before (1992), and then 3 years after (1998).
Some of us remember 9/11 clearly (the oldest Zennials were 9), others barely so (the youngest Zennials where 3 or nearly so) but we all were raised with the consequences of our changed society afterwards.
On one side, were considered lazy. We dont want to work in the real world, our shelves are lined with participation trophies and activism is a dirty word.
On the other side, were the new world saviour. We work hard with the technology thats native to our lives and find that activism is the only way we know how to change the political and economic world.
This dichotomy is the life of a Zennial. How can we save the world with fiery activism and technology while also being too lazy to amount to much of anything?
If you were still in single digits in terms of age when 9/11 happened, but also are old enough to remember it, even if somewhat hazily, then you are a Zennial.
We revisit two consumer groups brands know well, Millennials and Gen Z, spotlighting their similarities and differences, while uncovering the micro-generation sandwiched between. Meet the Zennials
https://www.wgsn.com/insight/p/article/88103
Demographics have traditionally defined groups of people across a 15-year time span who boasted similar attitudes and behaviours. But in a period of tech-celleration and rapid innovation, 15-year spans may no longer be adequate when it comes down to accurate labelling.
Micro-generations (also known as "fringe" or "cusp" groups) offer brands the ability to better understand consumer attitudes (and how they change within 15 years and where they intersect), which can transform the way brands market their products. Cusp groups such as Zennials straddle two demographics and typically embody characteristics of both generations. While Millennials and Gen Z are two groups with distinct identities and expectations around messaging, Zennials represent a cluster of consumers with blended expectations. Brands can either choose to go after one segment or opt for more general messaging that taps into the Zennial psyche, ultimately catering to both groups who have a combined spending power of nearly $3tn.
In this report, we uncover the complexity of generational groupings, highlighting the differences between Western Millennials and Gen Z, and articulating Zennials, the micro-generation, operating between the two. This report is based off findings in a quantitative survey of 1,395 Zennials via Instagram polls and a focus group of 100 Zennials. The results will help brands better understand two consumers they already know well, but dont necessarily understand the differences between. It may also help create more targeted consumer personas that straddle both groups. Some names of survey participants have been changed.
If you were born somewhere between 1992 and 1998, don't identify with either end of the current generational war between millennials and Gen Z, wonder if you're too old for TikTok, and still (kind of, sometimes) like skinny jeans, you just might be a zennial!
https://www.popsugar.co.uk/smart-living/what-are-zennials-48197442
Zennials are a special, almost mini generation that's often referred to as the "peacekeepers." We had dial-up internet but also had cell phones in middle school. We remember life before fancy Apple products got fancy but still grew up with some variety of an iPod. We played the Nintendogs video game and collected Webkinz. We had a MySpace account, but only for one or two years. Our parents convinced us that our Beanie Babies would be worth a lot of money someday, and quite frankly, we wish that had been true, because many of us who were privileged enough to go to college are now drowning in student-loan debt.
For zennials, fashion is probably one of the most confusing aspects of our generational gap. Since Gen Z has cancelled skinny jeans, we're all extremely confused, since we already did boot-cut and straight-leg jeans in elementary and middle school. I wore those low-cut, baggy jeans already, and I was ecstatic when they went out of style and in came skinny jeans. I also happily embraced the "boyfriend" and "mom" jean trend when I was in college, but I still busted out my skinny jeans for class and college parties. Now, apparently, I can only wear straight-leg jeans, but all I can think about are the horrific memories I have of rocking JNCO jeans and camouflage gaucho pants if you're a zennial, you know the ones I'm talking about!
Senses of responsibility as a zennial are also a complete mystery. Many of us were told that "college is the only option" for having a bright future, so while some of us now have crippling debt from that education, we also barely have jobs and might even still live with our parents. But also, some of us are parents. I genuinely cannot keep a single house plant alive and still call my mom daily for help, but some of my friends are married with children. A large amount of millennials have established careers and are "adulting" with their "doggos" (didn't Gen Z cancel those words, too?), while many from Gen Z are doing away with hustle culture and traditional educational paths and don't want a traditional family anymore. Zennials are in the middle, wondering where they fit into it all.
I've heard some people say the world changed before zennials' eyes, and that's part of the reason many of us struggle with a variety of issues. For some of us, the 9/11 terrorist attacks are one of our very first memories, and we saw one of the biggest shifts in the world at such an early age. Technology changed from home phones with cords to cell phones when we were in elementary school, home computers and monitors changed to handheld devices, the internet changed from dial-up to high speed, and so much more. I still played outside constantly as a child, but I also had a cell phone before I was 10. Being exposed to so much change in a very short period of time at a young age was confusing, and personally, I believe it left a lot of zennials feeling like we didn't have much control over the world around us (which, as I've gotten older, I realise is a theme for pretty much everyone).
snip
vercetti2021
(10,156 posts)Learn something new everyday! I'm the first of the 90's Millennials. My girlfriend being the last of the 80's Millennials. She was born in '89. She has a Gen Alpha daughter, hopefully I will be her step mom soon if things continue to go well
Celerity
(43,383 posts)There was no year zero in the commonly used Western calendars (the Julian calendar, from Jan 1, 45 BCE (in Roman dating, 1 January AUC 709, Ab urbe condita ie the time from when Rome was founded in 753 BCE) onward, and then, from 1582 CE onward, we have used the Gregorian calendar). The Romans did not have a number for zero.
The first day of the 1st millennium CE (ie AD) was Jan 1st, 1 CE (AD)
The last day of the 1st millennium BCE was the day before, ie Dec 31, 1 BCE
a decade is 10 years long, so the first decade CE (AD) ended December 31, 10 CE
the 2nd decade CE started January 1, 11 CE
extrapolate it out
the 2nd millennium CE ended Dec 31, 2000 CE, not Dec 31, 1999 (I distinctly remember this being drilled into a very, very young (but already aware) me (Cel) by my parents as both occurred, we came back to London from Hong Kong (I lived there, on Victoria Peak, from 1999 until 2002) for the Dec 31, 2000 millenium end)
same for the decades we have lived in now
the 1940's ended Dec 31, 1950, and then the 1950s started Jan 1, 1951
the 1980's ended Dec 31, 1990
the noughties started Jan 1, 2001
etc etc
People try and say 'well, some scientific astronomical calendars have a year zero' but Western life is NOT ordered around those obscure calendars.
vercetti2021
(10,156 posts)Holy shit what a mind Adventure that was reading that Jesus Christ. That's kind of crazy that shit I don't know what to think now
Celerity
(43,383 posts)A really simple example I use with people is age.
Let's say you were born on Jan 1, 1985.
You are not 1 year old (legally, in the US) until December 31, 1985. At that point you have been alive for 365 days (366 if its a leap year) You are NOT 2 years old when January 1, 1986 starts.
So why would people claim that a decade ends when it is only 9 years in (say, for the 1980s, when December 31, 1989 turns to Jan 1, 1990) which is when its (the decade of the 1980s) tenth year STARTS?
The very first decade CE, which started on January 1, 1 CE, was only 9 years in duration when Dec 31, 9 CE turned to Jan 1, 10 CE.
If you were born Jan 1, 1 CE, you're not 2 years old after the first year of your life ends on Dec 31, 1 CE and the next day starts (January 1, 2 CE.)
vercetti2021
(10,156 posts)Honestly thanks for the information, I love learning new intriguing info like this. Totally blows my mind away
betsuni
(25,531 posts)Polybius
(15,421 posts)We were screwed.
inthewind21
(4,616 posts)Something be done for EVERYONE and stop this picking and choosing BS. Because we've ALL been screwed! And for the record I'm Gen X
Wingus Dingus
(8,054 posts)GumboYaYa
(5,942 posts)I paid off my student loans and have no ill will over helping other people out now. I am happy for anyone who benefits from forgiveness. Good for them. I hope they go on to do great things.