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Tammy Phelps had high hopes and big plans for 2020. She had planned to buy her own home and move out of the rental where she and her five children had been living since her divorce five years ago. She and her boyfriend were planning a wedding.

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The data on the percentage and total change in the millennial population from 2013 to 2017 is from the 2013 and 2017 American Community Survey Public Use Microdata Sample (ACS PUMS).

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Rachel spends much of the early "Friends" seasons figuring out this whole adulting concept. She wants to stand on her own and find a career, but she doesn't always have the connections or skill set to get there and barely making rent as a waitress at the neighborhood coffee shop. She thought she was getting somewhere after a positive job interview, only to learn at the end of the episode that she was wrong. This scenario is all-too-real for anyone with big dreams who is (or was) stuck working at a soul-crushing job to pay the bills.

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The statistics pertaining to recent college graduates (income, unemployment, and population) are from the U.S. Census Bureau 2017 American Community Survey 1-Year Public Use Microdata Sample. For the purpose of this analysis, recent college graduates are defined as residents ages 22 to 27 with a bachelor’s degree or higher, not currently in school.

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As home prices continue to rise, many prospective buyers are getting priced out and are forced to stay in the rental market longer. Which big …

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