Millennials and the Holiday Spirit
by Phyllis Goldberg, Ph.D. and Rosemary Lichtman, Ph.D.
Although it may be the holiday season, as far as presents go that doesn’t mean a whole lot to Millennials. Like so many other issues, they have their own ideas about gift giving. Apparently what they want is cash, mostly to pay down college costs and other debt.
So much for the negative stereotype that those born between 1980 and 2000 are lazy and have a sense of entitlement. Millennials are laboring under a collective $1 trillion in debt from student loans and still struggling to find jobs. Yet a survey of 6,500 members of the so-called ‘Me Generation’ indicates that last year well over half of them made donations to charitable causes and volunteered their time. […]