1 minute read
Fast Facts: Who are young educators?
Fast Facts Interesting facts and quotes about Association membership and public education in Maine and beyond. Have an idea or stat you want shared? Send it along with your name and local to gbechard@maineea.org Who are the young educators? { Millennials are now the largest, most diverse generation in the US population. Millennials made up 1/3 of the total US population in 2013
On Employment
Working Millennials are staying with their early-career employers for longer.
On Homeownership
Entering adulthood during the Great Recession :
31% Rising student loan debt decreases
of 18-34 year-olds in prospect of 2014 lived with their homeownership, parents and the share with total student of those who have jobs and still live with outstanding loan debt their parents has nationwide surpassing increased as well. $1 trillion in 2014.
On Education
More Millennials have a college degree than any other generation of young adults. 47% of 25-34 year olds received a post-secondary degree and 18% have completed some postsecondary education.
Source: Council of Economic Advisers calculations based on current population survey
On Finance and Family
$ 19,200 median income of Millennials in Maine—which ties with New Mexico for the 4th lowest in the nation.
67% of those younger than 30 have a credit score below 680—a lower score on the 300 to 850 spectrum
Millennials tend to get married later than previous generations 30% of 20-34 year-olds in 2013 vs. 77% in 1960, but College-educated Millennials are more likely to be marrieD.