Achieving the American Dream is Harder for Millennials, GAO Finds
WASHINGTON, December 18 – Millennials are financially worse off than previous generations, and may not have the chance to do better than their parents, according to a new study by the Government Accountability Office (GAO). Commissioned by Senator Bernie Sanders (I-Vt.), the analysis paints a dire economic picture for millennial households: compared to previous generations’ economic status at the same age, millennials—despite higher levels of educational achievement—have lower median