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Millennials are motivated most by money

millennialsmoney

Here’s an excerpt from my latest column in the Huffington Post:

Tis the season. My wife, Laurie, and I joined millions of other families when we attended our son’s college graduation this May. The lunch with the entire clan afterward was truly a time of celebration because this son struggled with dyslexia throughout school but finished college cum laude thanks to his “work then play” attitude and the ability of his old Kindle to read aloud (before Amazon yanked out the text-to-speech functionality). Then the inevitable happened. 20 minutes into lunch, someone brought up student loans and the slow job market for grads. Sadly, this is now the “new normal” topics for college graduates and their families.

The dramatic increases in student loans over the last 20 years that are now weighing on graduates in a tight job market have everyone from Robert Reich to Fortune magazine questioning whether some Millennials should skip college and learn a trade.

With all this attention on the high cost of student loans, this is a good time to bust the pervasive myth that Millennials are more interested in meaning than money. It’s been repeated so many times (including by thought leaders in the generational space) that it’s now taken as truth.

But it’s only half the truth….

Read my entire column here.

[Image via leftcom.org]

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