In Ok Boomer, Let’s Talk, journalist (and Millennial) Jill Filipovic tells the definitive story of her generation—and it’s no joke. Talking to gig workers, economists, policy makers, and dozens of struggling Millennials drowning in debt on a planet quite literally in flames, Filipovic paints a shocking and nuanced portrait of a generation being left behind:
-Millennials are the most educated generation in American history—and also the most broke.
-Millennials hold just 3 percent of American wealth. When they were the same age, Boomers held 21 percent.
-The average older Millennial has $15,000 in student loan debt. The average Boomer at the same age? Just $2,300 in today’s dollars.
-Millennials are paying almost 40 percent more for their first homes than Boomers did.
-American families spend twice as much on healthcare now than they did when Boomers were young parents.