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Aspirations About Living Standards Among Young Adults

 

Aspirations about living standards among young adults

Both males and females need higher qualifications to find secure and full-time jobs, and most households
need two incomes to maintain their living standards. Housing and general living costs have increased
relative to income but young people have also raised their aspirations about living standards and wedding
celebrations

The four typical standard requirements for marriage among young adults:

  • secure career 
  • middle-class income 
  • ability to afford a nice wedding 
  • ability to afford a house

 

Economics of marriage formation

1. Full-time employment is important
2. Level of educational attainment is important
3. Race matters

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