Great article. And I'd like to add that the unfortunate trend of designer goods being marketed to the masses has exacerbated my generation's debt problem. When I was in high school and college in the mid and late 90s, no one expected you to have a Coach bag or a pair of Ralph Lauren shirts. Now, it seems the standards for dress have gone beyond Gap jeans and t-shirts and Jansport backpacks. Dressing to fit in will cost you a whole lot more than your individuality these days, and Generation Me, despite their "I can be anything I want to be!" ideals, is much more of a fitting-in kind of generation than Generation X has been.
I also get the feeling that our society is being flooded by people who want to be lawyers and marketing executives and book editors and entertainment agents... and whose schooling has trained them to do little else. Tradespeople whose jobs can't be outsourced may become the big winners in the next ten years or so -- they're likely to be the ones with the least school debt, and they're the ones who, stereotypically at least, are less likely to want to look at the world through a pair of rose-colored $500 Chanel sunglasses.
Creative Loafing Atlanta
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