
© Miguel Juarez Lugo / Zuma PressMillenials watch a video calling on the millennial generation to help end the problem of extreme poverty around the globe at the IMF/World Bank Group's Spring summit on April 10, 2014.
By his twenties, Kyle Kaylor imagined he would be living on his own, nearing a college degree, and on his way to a job that fulfilled him.
Instead, at 21, he found himself out of school, living with his parents, and "stuck" working as a manager at a fast food restaurant scraping to make hand-to-mouth.
Launching into adulthood has been tricky, he said.
"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.
Comment: Unfortunately it's not just the economy that is causing this unprecedented 'failure to launch'. Millennials have a reputation for being narcissistic and entitled, shallow, obsessed with technology and social media and unable to cope with reality. For more information on the phenomenon, listen to the Health & Wellness Show: The Millennial Syndrome: Why they gotta be like that?