Nine Degrees Podcast

NYU Professor says Millennials Will NEVER be Wealthy


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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.

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Nine Degrees PodcastBy Nine Degrees Podcast