In a thought-provoking NPR interview, demographer Joel Kotkin of Chapman University discusses the disadvantageous financial position Millennials are facing presently relative to earlier generations. Much of his analysis turns on debt public government debt and personal college debt. He recognizes the inapplicability of the old paradigm linking college and employment. Kotkin also believes that improving their long-term prospects will turn largely on making the U.S. more competitive with higher economic growth. Without economic growth of 3%, Kotkin argues, family formation will be stifled. (From, NPR, Tell Me More, September 3, 2012; his article can be found here.)