Economic Disparity Between Generations Increases According to Recent Pew Research Study, My Colleges and Careers Helps Younger Generations Close Gap

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Pew Research Center recently reported that the disparity between the economic well-being of older and younger generations is growing larger. The older generations of today are better-off than the older generations of 25 years ago, and the younger generations of today are becoming worse-off than their same age group 25 years ago. My Colleges and Careers helps adults of any age group to improve their economic well-being by completing an online college degree and starting a successful career.

My Colleges and Careers is dedicated to helping students and prospective students earn their college degrees through online degree programs.

My Colleges and Careers is dedicated to helping students and prospective students earn their college degrees through online degree programs.

Pew Research Center data showed that younger people, designated as those under the age of 35, had a lower net worth in 2009 than they did in 1984.

Pew Research Center released a report on November 7 showing that the disparity between the economic well-being of older and younger generations is growing larger. The older generations of today are better-off than the older generations of 25 years ago, with a 42 percent median net worth increase between 1984 and 2009. The younger generations of today are becoming worse-off than their same age group 25 years ago, with a 68 percent drop in median net worth between 1984 and 2009. My Colleges and Careers helps adults of any age group to improve their economic well-being by completing an online college degree and qualifying for better jobs.

The Pew Research Center report showed that younger people, designated as those under the age of 35, had a lower net worth in 2009 than they did in 1984. Pew Research suggests possible reasons for this drop in median net worth could be due to the increased debt of younger generations to pay for homes and education, a delay in employment due to economic circumstances, and a greatly increased number of single parents. Older generations, those who are aged 65 or older, have a higher net worth than in previous years because of social security benefits, owning homes purchased in better economic times, and having lowered educational debt to pay off once they entered the job field. My Colleges and Careers provides online tools and services to help people of all ages earn an online college degree and thus improve their employability and economic well-being.

The tools located on the My Colleges and Careers website are able to connect students with online colleges that can offer accredited degrees. The Department of Labor reported that for the month of October 2011, unemployment for those who have a bachelor's degree was only 4.4 percent, compared to the national unemployment rate of 9.0 percent. Earning a degree through an online program is ideal for those who are attempting to earn a degree for the first time or those returning to school to improve their employability. Online courses can help students lower their amount of educational debt by giving them flexibility to work full-time jobs while simultaneously completed their education. Online degree programs are available for any degree level, from certificates to an online Ph.D.. The field that offer online degrees are also diverse, providing degrees such as online nursing programs or online MBA programs.

The specific tools located on the My Colleges and Careers website are formatted to inform students about how to complete an online degree program. The degree-finding tool connects students with online schools that offer degrees in their area of interest. Other useful features of the website are: helpful infographics relating to education or careers; news updates about education-related topics such as financial aid or statistics; lists of the best paying careers; and an education blog. The education blog hosts articles written by various industry experts on career and school-related topics. School is an investment of both time and money. My Colleges and Careers provides these tools to help students make better-informed decisions about their investment to ensure their economic success later in life.

My Colleges and Careers is dedicated to helping students and prospective students earn their college degrees through online degree programs. Considering that most students have other responsibilities and commitments, My Colleges and Careers can become a great resource for those seeking a way to fit school into an already busy schedule. Through online programs, students can complete their schooling at their own pace. The tools and services offered on the My Colleges and Careers website have already assisted many students in completing their education and starting a successful career.

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Brandon Buttars
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