Another Look at the Costs of the Recession

The Great Recession’s Lost Generation? Older millennials from the Washington Post
"More likely, what we’re seeing is evidence of the scarring effects of an unusually severe economic downturn. The younger members of Gen Y are loaded with debt, but they are at least graduating into an economy with expanding job opportunities; meanwhile, the cohort of young people unlucky enough to have entered the job market during a time of scarcer openings sees its economic misfortunes (and resulting inability to afford a homestead or other life milestones) persist. In other words, the Great Recession may have led to a new Lost Generation — or at least a Lost Half-Generation."