Hi Mom, I’m Home!

“One in five people in their 20s and early 30s is currently living with his or her parents. And 60 percent of all young adults receive financial support from them. … The common explanation for the shift is that people born in the late 1980s and early 1990s came of age amid several unfortunate and overlapping economic trends. Those who graduated college as the housing market and financial system were imploding faced the highest debt burden of any graduating class in history. Nearly 45 percent of 25-year-olds, for instance, have outstanding loans, with an average debt above $20,000… And more than half of recent college graduates are unemployed or underemployed, meaning they make substandard wages in jobs that don’t require a college degree.”

Read on: It’s Official: The Boomerang Kids Won’t Leave

"Have you ever seen the research capacity of fandom? It’s incredible. Turns out [Steve Rogers] had Snickers and Hershey’s in the 1940s but he’d be pretty alarmed to find the kind of apples he used to eat are extinct and chickens are now three times as big. Turns out his sex education would be better than the kind in schools now, and that living through the Great Depression might put him into a state of grim nostalgia regarding the failures of the current banking system. Turns out Steve Rogers lived in a queer neighborhood, six blocks from an “artsy queer house,” and he wouldn’t say “under God” during the pledge of allegiance."

Wrote about historical accuracy in the Cap 2 / CATWS fandom! Thank you sairobee, actualmenacebuckybarnes, historicallyaccuratesteve, and mswyrr for letting me use your art or fic, taking time to answer my questions, and being generally amazing!


Twenty-seven-year-old Omaha, Nebraska, resident Erin Duffy has never had — or even wanted — a credit card.

"I’ve been able to get along without it," she says, attributing the choice to ambivalence and a wariness of plastic her parents fostered in her during her formative years. "I’ve liked being able to pay for things as I go, not having to worry about missing a bill."

Duffy’s decision to live without credit cards is more common than you may think. A whopping 63 percent of millennials (ages 18 to 29) don’t have a credit card, according to a survey commissioned by Bankrate and compiled by Princeton Survey Research Associates International.

Comparatively, only 35 percent of adults 30 and over don’t have credit cards.

There are, admittedly, external factors influencing the statistics. An April 2014 Gallup poll found Americans’ reliance on credit cards, in general, has declined steadily since the Great Recession. Moreover, the Credit Card Accountability, Responsibility and Disclosure Act of 2009, or CARD Act, made it harder for anyone under 21 to get a credit card.

There’s also a more straightforward reason why a majority of millennials aren’t carrying the payment method: Many, like Duffy, just don’t want credit cards.

"I don’t really feel like there’s a need for one in the way I live my life," says Melissa Pileiro, a 24-year-old resident of Vineland, New Jersey. "The idea with a credit card is you’re essentially putting money down that you don’t have."

Like many members of her demographic, Pileiro is perfectly content with her debit card, a payment method whose existence has eaten into the credit card’s market share.

Millennials “grew up in a world where the economy was tanking,” says David Pommerehn, senior counsel with the Consumer Bankers Association. “There was great concern about jobs and debts and paying off bills.”

At the same time, college costs — and subsequently student loans — have ballooned. According to the Project for Student Debt, student debt increased an average of 6 percent each year from 2008 to 2012, with college graduates from 2012 having an average student loan debt of $29,400.

Millennials may think they’re staying out of financial trouble by forgoing credit cards, but they’re doing a disservice to themselves and their credit scores. The responsible use of credit cards is one of the easiest ways to build a strong credit score, which is essential for qualifying for insurance policies, auto and mortgage loans, and sometimes even a job.
—  Bankrate.com credit card analyst Jeanine Skowronski, on Millennials shying away from credit cards

Think the Internet is degrading the reading habits of the young? That millennials are Snapchatting themselves into a cultureless stupor? Well, think again!

A new study finds that young Americans are more likely to have read a book in the past year than their older counterparts. According to data from the Pew Research Center, “88% of Americans under 30 read a book in the past year, compared with 79% of those age 30 and older.” In another surprise, people under 30 were also more likely to say that there is “a lot of useful, important information that is not available on the Internet.”

Read on, America! (More book news here.)

As a group, Millennials are as likely as older adults to have used a library in the past 12 months, and more likely to have used a library website. Among those ages 16-29, 50% reported having used a library or bookmobile in the course of the past year in a September 2013 survey. Some 47% of those 30 and older had done so. Some 36% of younger Americans used a library website in that time frame, compared with 28% of those 30 and older. Despite their relatively high use of libraries, younger Americans are among the least likely to say that libraries are important.
—  Major new Pew study looks at millennials’ reading habits. This particular finding is striking — all the more reason to partake in the Knight Foundation’s 2014 NewsChallenge, which seeks breakthrough ideas to “leverage libraries as a platform to build more knowledgeable communities.” Because, lest we forget, “when a library is open, no matter its size or shape, democracy is open, too.”

 8 charts parents of millennials need to see

There’s a simple reason young adults are living at home in higher numbers: For many, moving out means living in poverty.

The numbers are jarring. According to the Pew Research Center, a whopping 56% of 18-24 year olds lived at home in 2012, the highest rate since the 1970s. Today’s young adults are taking longer to reach life milestones like taking out a mortgage or getting married. The New Republic has dubbed this trend the Great Delay.

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A+ Beauty: Makeup, Skin Care and More for Back to School

Millennials are once again hitting the books and beauty brands are targeting these younger consumers with new launches. Here, MAC The Simpsons Powder Blush and Lipglass: Happy birthday, Homer! In honor of The Simpson¹s 25th anniversary, MAC put together a special collection of shadows, blushes and lip colors in electric hues. For More