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Young adults being left out of COVID economic relief is a “big problem” impacting their financial future. 

Apr 27 2020

Young adults being left out of COVID economic relief is a “big problem” impacting their financial future. Saddled with debt and low wages, financial turmoil has been a “hallmark of modern young adulthood” and the pandemic marks the third major crisis that has rocked young adults’ lives after 9/11 and the Great Recession. Already, it’s exacerbating existing debt and house affordability issues, and according to a Harvard Youth Poll, 63% of people under the age of 30-years-old are concerned about how the pandemic will impact future housing costs. YPulse’s research also found that over half of young consumers are afraid the economy will crash because of COVID-19. (The Washington Post)