Millennials earn 20% less than Boomers did at same stage of life
I&#x27;m surprised at how much flack this article is getting here on HN. Is it because we&#x27;re all making those sweet 1% salaries in tech?<p>All my non-tech&#x2F;finance friends are paying obscenely high rent, crippled with student debt, can&#x27;t afford houses, can&#x27;t afford cars, and three times as educated as their parents, but paid less than their parents were. In the case of unpaid internships (unavoidable for lots of industries, especially in the arts and media), many aren&#x27;t being paid at all.<p>I think there are some possible cultural reasons (our generation being, on a whole I think, a bit less materialistic and not as motivated to work hard, boring, financially-rewarding jobs [like accounting] and more likely to want those sexy art, media, and non-profit jobs.) But overall I think the Boomers have dealt a real bum hand to their children.