Unemployed and in Debt, Young Americans Ask Congress for Help

Jan 12, 2016 | Archives, Economically

For many millennials, the future looks bleak.

Just 63.4% of youth aged 18-29 are employed, Keith Hall, senior research fellow at George Mason University, reported in his testimony. The unemployment rate of workers under the age of 25 is 13.2%, more than twice the overall rate of unemployment.

As joblessness remains high, the cost of college continues to rise, compounding already hard-to-manage debt levels for many young Americans. Student debt in the U.S. now tops $1.2 trillion…

[FULL Article – Time.com 2014]

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