Education: The NYC-based New School drastically cutting programs
Another university announces cutbacks. Last night, saw that SFSU (CA) has -26% enrollment decline and Sonoma State Univ down by -39%.
Education: How family wealth influences SAT scores
Coming from family wealth really does lead to higher SAT scores - and many more opportunities.
Economy: Apartment rental vacancies reach all-time high
Rental prices are also dropping.
Business
Demographics
Economy
Finance
Gen Z/Generational issues
Media
Nation of Idiots
Personal finance
Gen Z: In 2019, the average age of Gen Z was 14 years old
This 2019 journalism'ish says Abercrombie was targeting Gen Z consumers with buy now, pay later ... who averaged 14 years old in 2019.
Update: 60-70% of consumers are “paycheck-to-paycheck” every year
In 2025, per Fortune, 40% of those earning $500,000 or more per year are living paycheck-to-paycheck which points to a spending problem as we have supersized or upscaled our lifestyles.
Demographics: Median ages of home buyers
Media meme that median age of today's first-time home buyer is 40 but was 29 in the 80s. But median age of US population was 29 in the 80s and…
Business: Chipotle blames Gen Z travails for poor financial results
But Gen Z is younger than you realize, not much of their customer base, and other factors are the real cause for financial difficulties at Chipotle.
Demographics: Many US Homes lacked plumbing post WW2
16.8% of US homes in 1960 did not have complete indoor plumbing. They might have had only cold water service, or no flush toilets.
Economy, Demographics: More on why “median” home buyer age might have risen recently
Simply because the huge peak of the Baby Boom (born 1959) has just reached 65, retirement, and 34% are downiszing, while others are relocating for other reasons.
Economy: Median home buyer age might be 41, not 59
NAR claimed that the median home buyer age is 59, setting off a social media firestorem. But in reality, it may be 41, almost the same as the US population…