Except you didn’t hear a bunch of Gen Xers whining that they couldn’t have children bc they were too expensive. Millenials expect more from life - they expected to hop over the early adulthood financially struggling phases that Gen Xers and even more so prior generations expected as par for the course. Case in point, see the thread with Millenials whining that their parents don’t give them regular childcare. |
I'm a younger Gen-X with 2 kids. It's been pretty well documented that the cost of college and childcare has risen faster than wages and inflation. Of course my boomer parents didn't think about affording college when they had us- that was a time when you could pay for college with a part-time minimum wage job. They didn't save for college and was a huge shock when the expected family contribution showed an amount they could never afford. I had loans and it was fine but costs have only risen even more since then. You take on too much debt at 18 and it can have ramifications well into your adulthood. We stopped at 2 for several reasons, including my age/fertility, but you better believe we thought about whether we could afford childcare and college for a 3rd. |
Genxer here... laid off twice - 1994 and 2002. No family help when we had kids (two). |
I'm Gen-X but this makes me snort a bit. Millennials are delaying things like buying a home and having kids even more than previous generations (don't take my word for, it, look at the data), so they are certainly getting their years of struggle in. Guess they aren't suffering enough for your liking though? |