“It became too difficult financially to be in school and not working,” says Kaylor, who dropped out of Lincoln Christian University, in Illinois, after one semester because of a money crunch. “And without schooling, you can’t get a job that you can survive on, so I had to move back home,” he said.
It’s a scenario that has become far too common, according to a new census report out Wednesday that reveals staggering statistics on millennials and their journey to independence.
For one, the report shows young men like Kaylor, who makes less than $22,000, have fallen by the wayside when it comes to income.
“In 1975, only 25 percent of men aged 25 to 34 had incomes of less than $30,000 per year. By 2016, that share rose to 41 percent of young men,” according to the report.
It used to be so much easier, right?