Is Gen Z Becoming ‘Gen Zero?’

Gen Z is earning less money and carrying more debt than millennials. How can we turn things around?

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Commentary

For the first time in living memory, Generation Z is in danger of having a lower standard of living than their millennial or Generation X parents or even their baby boomer grandparents. That’s an exceptional and sad possibility. The good news is that “Gen Zero” doesn’t have to be the reality for Gen Z. The bad news is that if things don’t change, Gen Z may well face a permanently lower standard of living than prior generations.

Every Generation Better Than the Last

The long-held assumption of parents in America used to be that their children would do better than they did. For generation after generation, that was not only a belief but a verifiable fact.