Drew Miller clearly remembers the day his father was laid off.
Miller, now 25, was a freshman at an Ohio college, full of hope and ready to take on the world. But here was this “red flag … a big wake-up call,” he says. The prosperous years of childhood were over, and his future was likely to be bumpier than he’d expected.
Across the country, others of Miller’s generation heard that same wake-up call as the Great Recession set in. But would it change them? And would the impact last?
The full effect won’t be known for a while, of course. But a new analysis of a long-term survey of high school students provides an early glimpse at ways their attitudes shifted in the first years of this most recent economic downturn.