[easytiger]

> 25-34 year olds its gone from 65% to 27% during the period of this study

back then people used to be in full time work from 16-21. Education has assumed the role work once had. Most people I know are in Education untill mid to late 20s. 1/15 into their 30ies on and off. further to that 100 years ago home ownership was in the 15% area. Standards of living where "worse" by modern metrics (of course that's not true per se IMHO).

[downrightmike]

The jobs that are available now for 16-21 are subsistence jobs. It makes more economic sense that they spend the time in school and get out of the sub livable wage jobs.