Campus Reform’s Katherine Timpf talks millennials and money on Fox & Friends
Campus Reform’s Katherine Timpf joined Fox & Friends to discuss the current state of millennials and some of the problems young Americans may encounter in the coming years.
A new national study paints a bleak picture for our young college graduates.Eighty percent of 27-year-olds are in debt. Fifty-four percent of 26-year-olds make less than $25,000 annually, 60 percent have student loans and 13 percent are not working.
“It’s only going to get worse with Obamacare. It’s designed to make young people pay for it, for young people who are healthy to pay for the older and sicker.
“We have 83 percent of elderly own a home, 23 percent of 26-year-olds live at home, plus all of the debt that young people are going to have to pay for. Unemployment is not going to go away, especially if we hike the minimum wage,” Timpf said.
Watch: Campus Reform’s Katherine Timpf
“All of these policies are just hurting young people over and over again.”
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