Update

We’re way overdue for an update here at Thriving, but there’s just so much gloom out there that it became difficult to keep posting all the stories about high unemployment among young people, student debt levels that push young people to bankruptcy (or, sadly, suicide), and the ridiculously high rate of boomerang kids, those young adults who cannot make it in the world after college. (A combination of higher prices and stagnating and even shrinking wages makes certain of that.)

Even those “fortunate” young people who borrowed tons of money to get their degree and found a great high-paying job now struggle to pay the rent or mortgage payment because they have those monthly student loan payments sucking up chunks of their paychecks. Since the government took over 90% of the student loan market, these folks are basically slaves for the government. I don’t think most parents dreamed of that kind of future for their kids.

There are bright spots. My personal favorite stories are those that describe young people who are fighting to grow their own businesses, or those who are learning to build their own tiny homes so they can live on their own and be financially solvent. More power to them! I also enjoy reading about parents who are developing homesteads and putting their teens to work on them. They have the right idea: all young people need to work. If that work can’t be found in the marketplace (and increasingly it can’t), then work must be found at home.

The worst outcomes will be seen among those young people who don’t know how to work, those who have been coddled and spoiled, and those who plan to live off the largesse of the taxpayers. Parents who put their teens to work are doing their best to make sure their kids don’t fall into those three groups as adults.

Many of the events I wrote about in Thriving are not even news now; they’ve become common knowledge. Just yesterday Bill Gates openly acknowledged that machines are likely to make many more jobs disappear. What will we do? No one can say for sure, but I still believe that there are things we can do to help our kids survive and even thrive in such an environment; you’ll find that information in Thriving in the 21st Century: Preparing Our Children for the New Economic Reality.

Top Stories:

New jobs pay less so learn to handle money well.

Some young people are learning to buy almost nothing in order to make ends meet.

Google employees have lived in campers or cars on campus to save on rent.

Cheap tiny loft apartments draw young people quickly, create waiting list.

He earns 10K so he built a tiny house for 3K.

Some teens are learning to build tiny houses in high school.

Home sales are hurt by young adults who have student loan debt and can’t afford mortgage payments too.

Study finds fastest-growing careers don’t pay enough to allow home ownership.

Temporary work has become a way of life for many people.

Job opportunities for high school grads.

Too many STEM workers, not enough jobs.

Will half of today’s jobs be gone in ten years?

There is a future in teaching kids to grow organic food. (Great video!)

College dropout grows eBay business into a $100 million fashion empire.

Another college dropout founds free code academy with 26 million students.

Here’s one young man’s impassioned argument against college.

Mike Rowe discusses the high cost of college.

Young woman dies, leaving her parents with $200,000 student loan debt.

Only 1 in 5 college students earns a bachelor’s degree in four years:

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Weekly Update: March 21, 2012

News and Info for 21st Century Parents

This new homeowner is a 14-year-old. Smart girl!

Looks like thousands of jobs will be disappearing at Yahoo soon.

Meanwhile, 30% of 25-to-34-year-olds now live with their parents, the most since the 1950s.

But these 16-year-old triplets probably won’t be living with Mom and Dad for long, given the career they’ve chosen (it’s in demand worldwide).

Great advice for youth (and their elders): Don’t be afraid (of your car).

 

What Homeschooled Kids are Missing Out On

Can you guess the 19 things that American schoolkids are being arrested for?

 

You Can Say That Again!

If you want children to keep their feet on the ground, put some responsibility on their shoulders. (Abigail Van Buren)

 

So, how are you preparing your children to thrive in the 21st century? Check out the links to the left for articles and information that will help you.

See you next Wednesday,

Barbara Frank
http://www.thrivinginthe21stcentury.com

Subscribe to these weekly updates via RSS or email: see your options in the top right corner.

Weekly Update: November 23, 2011

News and Info for 21st Century Parents

Here are some ideas for businesses that entrepreneurial types can start.

Have a budding computer engineer in your family? They can learn from these free online computer engineering courses offered by Stanford University.

A lousy economy contributes to a higher rate of college grads moving back home….

And things don’t seem to be getting any better for college grads, either.

For this family, the world is a classroom.

School’s where you get a real-life education…..not.

What Homeschooled Kids are Missing Out On

Fire drills can be pretty scary for young children, so imagine what it’s like for them to be in an “active shooter” drill. Yes, it’s just a drill, but it’s still pretty frightening.

Parents Who Didn’t Get the Memo

“Hmm, how can I motivate my daughter to learn? I know, I’ll hit her with a stick and lock her in a closet!”

You Can Say That Again!

I, however, place economy among the first and most important republican virtues, and public debt as the greatest of the dangers to be feared. (Thomas Jefferson)

 

So, how are you preparing your children to thrive in the 21st century? Check out the links to the left for articles and information that will help you.

See you next Wednesday,

Barbara Frank

http://www.thrivinginthe21stcentury.com

Subscribe to these weekly updates via RSS or email: see your options in the top right corner.