NYU Professor says Millennials Will NEVER be Wealthy

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Nine Degrees Podcast

24 episodes

5 days ago

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NYU Professor says Millennials Will NEVER be Wealthy

Nine Degrees Podcast

1 hour 14 minutes 18 seconds

1 year ago

NYU Professor says Millennials Will NEVER be Wealthy

Watch the original TED Talk here: https://www.youtube.com/watch?v=qEJ4hkpQW8E Scott Galloway is an NYU Professor who researches the wage gap between millennials and the baby boomers. He discusses topics from marginal tax brackets, college admissions, and wealth distribution in the United States and how the increase in cost of living has continued to outpace wage growth. Millennials are expected to support a growing cost of Social Security while expecting to accept that they will never receive social security themselves. Scott Galloway also provides many tangible solutions to the problems during his talk as well. This week, the professors are discussing Scott Galloway's TED talk "How the US is Destroying Young People's Future" and our thoughts on his points. He makes some great arguments and supports all of his points with supporting data and charts. Make sure you watch the original video before watching this episode of the Nine Degrees Podcast! As always, you can listen to the audio only version on Spotify, Apple Podcasts, or anywhere you listen to your podcasts! Class is now in session!

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Chapters: 00:00 - Gripes and Frustrations with Airbnb 06:50 - Millennials are earning WAY less than their parents 17:55 - The Cost of Education is Outrageous 22:42 - Debating Affirmative Action 27:42 - Universities should NOT have Endowments 35:55 - Social Security is Theft 47:14 - The Great Recession vs. COVID Bailouts 49:17 - Solutions to the Problems 58:40 - Advice from Maddox DISCLAIMERS: For entertainment purposes only. No statements should be considered authoritative. Not intended as financial, legal, tax, realty or other advice. We may earn commissions as a result of purchases made using the above affiliate links.