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Adulthood Delayed By Derek Thompson: Article Analysis

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“Adulthood Delayed” by: Derek Thompson, was an article that debated who to blame for the millennials flawed independence. In the article the author states, that Robin Marantz Henig observed in New York times magazine that the five milestones of adulthood were pushed back from the millennials. The natural inaccuracy of this is people believe that it’s the millennials prefer to push back the five milestones of adulthood. The five milestones of adulthood include “completing school, leaving home, becoming financially independent, marrying, and having kids. Derek Thompson states that there is a “new economic reality that is changing the way we think about adulthood.” Adulthood has not changed but what has changed in financial independence. In 1993, there was a poll done by Newsweek and it found that 80% of parent’s state that, adolescents should be financially independent by age 22. One third of those parents are still living with their children. Now one third of today parents say that they should be on their own financially until age 25 or later. This is a boomerang generation that leaves then comes back home for their 20s. A lot of the boomerangs do have jobs but do not finically make enough to live on their own. So that comes down to the option of living back at home. …show more content…

They are doing all the five milestone of adulthood but a lot later in life. Derek wrote “are they scared of adulthood?” There are plenty of reasons why millennials are being inpendepent later and one of them begin with economics. 12% 18 between 24 white adults said that in their lives owning a home was than important thing. Homeownership has peaked rates to 67% seven years ago. There are millions of young students that are thousands of dollars in debt and now they would have to pay a massive mortgage. Reason why one third of young adults are stuck into living with their parents. Because almost everyone comes out of school being thousands in dept. with not a career

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