She Strengthens

The Future of Our Economy: Millennials’ Top Concerns

As a member of the millennial generation, I’ve grown up during a time of great change and uncertainty. The 2008 election was a pivotal moment for me, marking the first time I felt invested in the political process. Barack Obama’s campaign message of hope resonated deeply, and his victory was a beacon of optimism for our country’s future. Fast-forward eight years, and the landscape looks vastly different. Our generation is the most diverse and educated in history, yet we’re struggling to make ends meet. We’re saddled with massive student loan debt, stuck in low-wage jobs, and facing a future that’s far from hopeful.

The Student Loan Debt Crisis

One of the most pressing concerns for millennials is the staggering student loan debt crisis. The average debt burden for 2015 graduates was $35,000, making them the most indebted class ever. Sixty-seven percent of students graduate in debt, and the majority of borrowers are paying back debt well into their 30s or older. It’s essential that our candidates address this issue head-on.

Creating Good Jobs for Recent Grads

The job market for recent grads remains bleak, with 51% of employed 2014 college grads in jobs that don’t require a degree. A third of recent grads report making less than $25,000 a year. Our leaders must prioritize creating entry-level jobs that offer a living wage and opportunities for advancement.

Closing the Wage Gap

The wage gap is a persistent problem, with white women earning 78 cents to a white man’s dollar, and women of color facing even greater disparities. Closing this gap is crucial for ensuring equal opportunities for income growth, investing in assets, retirement savings, and overall financial health.

Reproductive Rights: A Financial Imperative

Reproductive rights are not just a social issue; they’re a financial one. Access to affordable birth control and abortion providers is essential for women’s economic empowerment. Having control over our reproductive health allows us to plan our lives, pursue education and careers, and achieve financial stability.

Supporting Work-Life Balance

Paid family leave and childcare are critical components of work-life balance. Studies show that paid maternity leave boosts retention, keeps women in the workforce longer, and offers new moms the break they need. Our leaders must prioritize policies that support families and promote a healthier work-life balance.

Retirement Plans for the Younger Generations

Retirement may seem distant, but our generation faces a significant shortfall in retirement funds compared to our parents’. Most companies have eliminated fixed pensions, and social security’s reserve fund is expected to run out by 2030. It’s essential that our candidates address this issue and ensure that we have a safety net for the future.

As we head into this election season, it’s crucial that we hold our candidates accountable for addressing these critical issues. The future of our economy depends on it.