Millennials are out of step with the reality of college life and can’t manage time or money
Millennials are unprepared for the reality of college life and suffer from panic attacks and anxiety problems as a result of this, according to new research carried out by the Higher Education Policy Institute (HEPI).
For the study, 2,000 applicants were polled. After conversating with the prospective students, the conclusion was that their expectations of the university were out of step with reality, as the Independent reports. Two-thirds expected to spend more time in lectures than they did in school lessons, not being able to grasp that managing their schedule is a key part of being a university student. Half of them believed they were good with finances, while the other half did not know how to pay a bill. Many of them underestimated their living costs, particularly rent.
Earlier this year, motivational speaker and author Simon Sinek said millennials face difficulties in the workplace due to “failed parenting strategies”. “Millennials say they want feedback at work but what they really want is praise and to be told they’re doing well,” Sinek explained. “When you give them negative feedback, they cry or quit.” HEPI director Nick Hillman said students need more preparation regarding what university life can bring, and institutions need to adapt in order to help students to fit in.
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However, a previous study showed that millennials are better than the former generations of gen-xers and baby boomers, the former being too-self-entitled. For millennials, 22 is the age when someone should be able to pay for their own housing, 20.5 when someone should pay for their car and 18.5 when someone should pay for their phone contract, according to the Independent. “Millennials are often stereotyped as being entitled,” said Sarah Berger, a columnist and analyst at bankrate.com. “It’s refreshing to see that millennials really do have high expectations of gaining financial independence and getting off their parents’ payroll.”
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