financial wellnessengaged and productivetoxic impactsome anxietyeconomic headwindsRelated: Employees want financial wellness, just don't callit thatFML: Why millennials are facing the scariestfinancial future of any generation since the Great Depression
- For boomers, 309 hours of minimum wage work was all it took topay for four years of public college. For millennials, it had grownto 4,459 hours.
- In 1973, the author's father bought his first home at age 29for $124,000 in today's dollars – which back then was equal to only20 months of his salary. A similar home in 2018 is $730,000, equalto 10 years of the author's salary.
- 25-34 year olds lack health insurance more than any othercohort and millennials have more medical debt than theirparents.
student debt burdens2018 Employee Financial Wellness Surveyemergency fund
Scott Thompson is CEO ofTuition.io,the nation's first and most comprehensive employer-funded studentloan contribution platform. Scott's mission at Tuition.io is toexpand student debt relief among companies in the US until itbecomes the norm, not the exception.Continue Reading for Free
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