THURSDAY-FRIDAY: Millennials Rising: A Cross-Cutting Policy Symposium

A Discussion Of Public Policies That Aren’t Keeping Pace With The Economic Conditions Facing Millennials

For Planning Purposes Only
Date: Tuesday, October 14, 2014

CONTACT AND RSVP:
Sarah Lovenheim, sarah.lovenheim@younginvinicbles.org; 585-746-8281

[WASHINGTON] — Young Invincibles, partnering with the New America Foundation and the Roosevelt Institute | Campus Network, will hold a two-day symposium, starting on THURSDAY, October 14, 2014 at 10 a.m., on the economic challenges facing Millennials today, and how public policy could better cater to a younger generation that’s still experiencing ripple effects from the Great Recession.

WHO: Panelists will include top Federal Reserve Bank economists, economic and Millennial experts. The full list of speakers is here.

WHAT: Young Invincibles, New America Foundation and the Roosevelt Institute | Campus Network convene panel discussions to tackle the most pressing public policy challenges facing Millennials

WHEN: THURSDAY, October 16, 2014 at 10 a.m. — FRIDAY, October 17. See full schedule here for details.

WHERE: Long View Gallery, 1234 9th Street, NW, Washington, DC 20001

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Statement Of Response To New White House Report On How Millennials Fare In Today’s Economy

FOR IMMEDIATE RELEASE

October 9, 2014

Contacts:
Sarah Lovenheim: sarah.lovenheim@younginvincibles.org; 585-746-8281
Colin Seeberger: colin.seeberger@younginvicibles.org; 214-223-2913

Today, Young Invincibles’ Executive Director Jen Mishory released the following statement:

[WASHINGTON] — “We’re thrilled to see the White House focusing on the economic challenges facing Millennials. The report by the Council of Economic Advisors examines the consequences of the Great Recession for our generation, and the findings are troubling.

Here are three commonsense steps to address some of the biggest issues discussed in the report:

1) As our generation grapples with higher college costs, financial aid has not kept up, and more Millennials must take out student loans. Congress should act now to implement solutions to allow all borrowers to repay their student debt based on their income, and act on legislation like the CHANCE act, which bolsters the Pell grants and cuts college costs for millions of hardworking students.

2) Millennial unemployment is nearly 50 percent higher than the national unemployment rate, and the rate among young people of color is far worse. We need investments in programs that provide real career opportunities to young people, like apprenticeships. There is a bipartisan bill in Congress introduced by Senators Cory Booker and Tim Scott that would incentivize employers to hire young registered apprentices to earn an income while gaining on-the-job skills. These commonsense investments in programs that work would help young people get the practical, on-the-job experience they need.

3) The report finds that the Affordable Care Act was a game-changer for our generation, but we still have work to do to ensure that millions of young people access new coverage, and we also know that black and Latino young adults are still disproportionately uninsured. All stakeholders must focus outreach efforts to ensure that all young people across the country know how to access new options for coverage, and states that have not yet done so should expand Medicaid to ensure that millions of the lowest income Millennials can access coverage as they work to build their lives.”

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September 2014: Millennial Unemployment Is Almost 50% Higher Than the National Average

FOR IMMEDIATE RELEASE:

October 3, 2014

Contacts: Colin Seeberger, colin.seeberger@younginvincibles.org214.223.2913; Sarah Lovenheim, sarah.lovenheim@younginvincibles.org585.746.8281

Millennial Unemployment Rate Is Nearly 50 Percent Higher Than the National Average

[WASHINGTON]— As the national unemployment rate fell slightly to 5.9 percent and the economy added 248,000 jobs in September, the unemployment rate for 18 to 34 year-olds dipped slightly to 8.6 percent from 8.7 percent in August (not seasonably adjusted). Here is more information on how different populations of young adults fared relative to the overall workforce in September 2014.

Sept Jobs

• The unemployment rate for Black/African American young adults ages 18 to 34 in September is 16.2 percent (not seasonally adjusted), down from 17.8 in August.

• The unemployment rate for Hispanic/Latino young adults ages 18 to 34 in September is 8.8 percent (not seasonally adjusted), down from 9.2 percent in August.

• The unemployment rate for white young adults ages 18 to 34 in September is 7.2 percent (not seasonally adjusted), up from 7.1 percent in August.

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Millions of Young Californians Expected to Benefit from Seven New Laws Signed by Governor Brown

California Makes Strides In Higher Education, But There Is Still More to Be Done

[LOS ANGELES]— Today, Governor Brown signed a final round of bills, concludingthe 2014 California legislative session. Linda Leu, California Policy and Research Director at Young Invincibles, released the following statement on the outlook for young Californians:

“Young Californians continue to suffer from high unemployment rates, low wages, and a lack of access to higher education. The California Legislature and Governor Brown showed great dedication to millions of young Californians, especially low-income and undocumented young people, by signing new laws that invest in higher education and
California workers.”

“While these laws will go a long way in boosting financial security for young adults, there is more that California must do to create an economic environment in which all young adults can succeed.”

Here’s an overview of legislation that expands economic opportunity for young adults, broken down by bills that have become law, and bills that did not.  Legislation That The Governor Signed Into Law:

AB 1522 – Provides paid sick days to all California workers, with a few exceptions. Currently, 43% of female workers, 32% of Latino workers, and 48% of black workers ages 18-25 do not have access to paid sick days.

AB 2099 – Requires for-profit schools to gain accreditation, in order to receive GI Bill funds for veteran education.

SB 174/798 – Creates a tax credit that could raise up to $500 million to help the more than 250,000 low-income California students who receive Cal Grant B awards better afford non-tuition costs.

SB 1159 – Allows the more than 2 million undocumented Californians to be able to apply for professional licenses.

SB 1210 – Creates the DREAM Loan Program. The nearly 8,000 undocumented students on UC and CSU campuses will now be able to finance their educations with loans.

SB 1247 – Reauthorizes the Bureau of Private Postsecondary Education, continuing the regulation of the 412 for-profit colleges in California at which minority student enrollment is growing 2X faster than all other colleges.

Legislation That The Governor Rejected, Or That Never Made It To His Desk:

SB1005—Would have expanded health coverage to millions of undocumented Californians.

AB1976—Would have created a new model to award all 22,500 Competitive Cal Grant Awards annually.

AB1425—Would have created a system to award degrees for the thousands of former community college systems who earned them.

Please be in touch if you would like to speak with a policy expert, or have questions.

Young Invincibles is a national organization committed to amplifying the voices of young adults, ages 18 to 34, and expanding economic opportunity for our generation. Young Invincibles ensures that young adults are represented in today’s most pressing societal
debates through cutting-edge policy research and analysis, and innovative campaigns
designed to educate, inform and mobilize our generation to change the status quo.

 

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Young Invincibles Releases California Report on Racial Inequality In Education, and Its Impact on Job Prospects and Wages

FOR IMMEDIATE RELEASE:
September 23, 2014
Contact:
Riana King, riana.king@younginvincibles.org213.221.7326
Maria Beltran, maria.beltran@younginvincibles.org213.221.7326
Colin Seeberger, colin.seeberger@younginvincibles.org214-223-2913

Young Invincibles Releases California Report on Racial Inequality In Education, and Its Impact on Job Prospects and Wages

[LOS ANGELES] — This morning, Young Invincibles released the California edition of its recent report, Closing the Race Gap, which takes an unprecedented look at racial disparities in the job market, and provides solutions to alleviate them.

The California report finds that young Latino adults, for example, often have similar job prospects as their white peers at every level of education attained, but face a disparity in their wages.  The median income of young Latino adults, for example, is $20,000; the median income of young white adults is $29,000. A Young Invincibles national report found that young black young adults typically need two more levels of education than their white peers to have the same job prospects.

The California report details a series of policy recommendations that the California legislature should adopt to address these racial disparities, and boost job prospects and wages. Recommendations include improving college admissions policies to increase diversity, and boosting funding for Cal Grants to make college more accessible for everyone.

“Education has the potential to improve job prospects and wages for young people of color. These policy recommendations are not a cure-all to the institutional racism that contributes to the employment and wage gap, but they serve as critical steps to help individuals compete on an uneven playing field,” said Linda Leu, California Policy and Research Director at Young Invincibles.

Below is a chart demonstrating the wage gap that persists among young white adults, young black adults and young Latino adults.

IncomeGapsinCA

Please be in touch with any questions.

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Young Invincibles is a national organization committed to amplifying the voices of young adults, ages 18 to 34, and expanding economic opportunity for our generation. Young Invincibles ensures that young adults are represented in today’s most pressing societal debates through cutting-edge policy research and analysis, and innovative campaigns designed to educate, inform and mobilize our generation to change the status quo.

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New Report Calls For Federal Work Study Program Reform To Give More Low-Income Students Career-Driven Experience For The 21st Century

September 22, 2014

Contacts:

New Report Calls For Federal Work Study Program Reform To Give More Low-Income Students Career-Driven Experience For The 21st Century

[WASHINGTON]–Young Invincibles has released a report called A Federal WorkStudy Reform Agendato Better Serve Low-Income Students. The report finds that the decades old formula for distributing Federal Work Study favors expensive four-year schools with few low income students. Young Invincibles proposes a new formula for distributing Federal Work Study aid.

Additionally, the report recommends modernizing the Federal Work Study program to ensure that students get more practical experience developing skills related to their education.

“Federal Work Study’s outdated formula helps wealthy schools with little regard for who they serve and how well they do it,” said Rory O’Sullivan, co-author of the report. “We propose reforming the program to reward institutions that enroll low-income students, graduate them at high rates, and improve their job prospects. In a time of tight budgets, we need to make every dollar count. “

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Fifteen-Hundred Millennials To Join Together, Vote On Policy Agenda For Illinois

FOR IMMEDIATE RELEASE:

September 19, 2014

Contacts:

Sarah Lovenheim: Sarah.Lovenheim@younginvincibles.org585.746.8281
Tim Price: tprice@rooseveltinstitute.org212.493.3323

[CHICAGO] – Fifteen-hundred young adults from across Illinois are expected to attend a first-of-its-kind Convention next Saturday to vote on a state policy agenda for 2015 that reflects their generation’s interests ahead of Election Day, with candidates and elected officials watching.

The Convention marks the culmination of nearly 60 caucuses held by young Illinoisans this past summer who exchanged policy ideas under the umbrella of a new Millennial movement called NextGen Illinois. The movement, started by Young Invincibles and the Roosevelt Institute | Campus Network — in partnership with community organizations — drew more than 700 young adults to bars, community centers and parks to exchange ideas around issues, such as political reform, education and civil rights.

More than 50 young Illinoisans will present ideas that emerged at caucuses duringSaturday’s Convention and then attendees will vote on a cohesive ten-item policy agenda, designed to represent the top political priorities of young adults.

WHENSaturday, September 27, from 9 a.m. to 5 p.m.
WHERE:  UIC Forum, 725 w Roosevelt Road, Chicago, Illinois 60607
WHO
: 1500 Millennials, joined by elected officials, including Governor Pat Quinn
WHAT: Young Illinoisans vote on a state policy agenda for their generation

Governor Pat Quinn will give the keynote address, and his Republican opponent Bruce Rauner has been invited to speak as well. The Convention will also showcase local talent, with performances by local hip-hop artists FM Supreme and Controversial.

“Many critical issues that affect our generation, such as minimum wage reform and the cost of higher education, are at the center of upcoming midterm elections. NextGen Illinois is an unprecedented agenda-setting process, designed to mobilize and energize young adults to help shape the political future of our state,” said Eve Rips, Midwest Director of Young Invincibles.

Illinois Director for the Roosevelt Institute | Campus Network Brenna Conway said, “Illinois is a state plagued by its reputation for political corruption. As election season brings its troubled history to light, NextGen Illinois serves as a way to inject young positive voices into civic discourse and advance solutions for a government and political system that is open and responsive to all Illinoisans.”

“Young Illinoisans voted at disproportionately low rates during recent midterm election cycles, according to reports by CIRCLE, but the Convention has the potential to change this.” Young adults who would like to attend can register online here. Media who plan to attend or have questions should contact Sarah Lovenheim or Tim Price, using the contact information above.

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New Census Data Shows Nearly 4 Million More Young Adults Were Insured Last Year Than In 2009, “This Just Scratches the Surface”

FOR IMMEDIATE RELEASE:
September 19, 2014
Contact:  Sarah Lovenheim, sarah.lovenheim@younginvincibles.org585.746.8281 

[WASHINGTON] — New U.S. Census data released yesterday shows that the number and rate of young adults lacking health insurance has fallen significantly since the Affordable Care Act became law.  The Census estimates that 3.9 million more 18 to 34 year-olds were insured in 2013 than in 2009, excluding the vast majority of Open Enrollment sign-ups.

During that same time period, the rate of uninsured young adults has fallen, too, from 28.1 percent in 2009 to 25.2 percent in 2013.  From 2012 to 2013, for example, the number of uninsured 18 to 34 year-olds dropped by over 367,000 people.

The new Census estimates do not account for the vast majority of young people — 1.7 million of the 2.2 million — who signed up on the state health exchanges in 2014. The ACA’s first Open Enrollment period began in October 2013, but 78 percent of the total exchange enrollees signed up after January 1, 2014. “We’ve known for a long time that if you give our generation options for quality, affordable health insurance, they’re going to enroll. Uninsured young adults know that they’re just one accident or illness away from a medical or economic catastrophe. Many have told us that they were locked into jobs just for the coverage. Now that they have many more affordable options, it’s no surprise that so many young adults are signing up.” said Tom Allison, Young Invincibles’ Policy and Research Manager.“Considering that this data doesn’t even account for Open Enrollment sign-ups, we think these new numbers just scratch the surface of the positive young adult enrollment trends we expect to see,” he added.

Before Open Enrollment, the ACA implemented systemic changes to the nation’s health system that could account for more young adults getting covered, such as:

  • The provision of the ACA that allows young adults to stay on a parent’s health plan until the age of 26.
  • An end to lifetime limits on coverage.
  • Small business tax credits that provide health insurance to small business workers.
  • New coverage options for Americans with pre-existing conditions.
  • Insurance companies can no longer rescind coverage.

ACANational

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