Our Mission

Our Mission

The Future Forum Foundation explores and uncovers key issues that impact millennials as they take on more responsibility in the workforce and more leadership in their communities. The Future Forum Foundation provides companies, organizations, government leaders and other like-minded people a platform to explore and understand these changing dynamics. The mutual aim is to understand the issues, identify solutions and help bridge the gap between millennials and baby boomers in our economy, society and government.

Student Loans and the Holidays

Student Loans and the Holidays

According to a recent survey conducted by Student Loan Report, 69% of all student loan borrows would prefer to receive a payment as a gift this holiday season.

Why? On average, students look at a monthly-loan bill of roughly $351. Education costs continue to rise, and students would rather chip away at existing debt, rather than get a shiny new gift this year.

To read more from the Huffington Post, click here.
To read the full Student Loan Report survey, click here.

Millennial Student Loan Burden outweighs Generation X twofold

Millennial Student Loan Burden outweighs Generation X twofold

In a new report from The Federal Reserve, it is estimated that Millennial’s student loan debt burden in 2017 was nearly double that of Generation X in 2004.

Education costs continue to mount as incomes stagger and young people find it more difficult to find stable salaries and affordable housing.

You can read the Federal Reserve’s official report here.

Report: Millennials to be biggest holiday shoppers

Report: Millennials to be biggest holiday shoppers

According to a report released by Accenture, Millennials are on pace to be the largest holiday spenders this year.

Major contributing factors leading to this sharp increase in millennial purchasing power during this holiday season is the integration of social media platforms into the online shopping experience, as well as a flair for better-quality goods.

What are your thoughts? Are you planning to break the bank this holiday season? Click here to read Accenture’s full report.

Wreaking Havoc on the Economy?

Wreaking Havoc on the Economy?

Millennials have been accused of wreaking havoc on the economy by being partial to avocado toast over home owning. Yet, when it actually comes down to it, millennials simply can’t afford the same luxuries of previous generations.

The current economic climate — from a shrinking job market to rising housing costs — has negatively affected millennial’s purchasing power compared to previous generations.

Read more from The Atlantic here.

JEC Dems Report: Unlocking Millennial Homeownership

JEC Dems Report: Unlocking Millennial Homeownership

WASHINGTON, D.C. – A new report released today by Joint Economic Committee Democrats details how a limited supply of affordable housing, the lingering effects of the Great Recession, and high student loan burdens are preventing millennials from becoming homeowners. Millennials, people roughly between the ages of 22 and 37, entered the workforce during the worst recession since the 1930s and many have faced underemployment and depressed wages. At the same time, many cities across the country are now seeing a boom in high-price, luxury rentals and a decline in the availability of starter homes.

The report, “Unlocking Millennial Homeownership,” cautions that unless policymakers address chronic problems like the low supply of starter units, crippling student loans, and slow wage growth, homeownership will continue to be a distant goal for many millennials. “Homeownership has always been a benchmark for financial stability. When young adults are unable to purchase homes, it makes it harder for them to accumulate wealth and build financial security,” said Senator Heinrich (D-N.M.), Ranking Member of the Joint Economic Committee. “We must address persistent problems like slow wage growth, lack of affordable housing, and high student loan debt. Without comprehensive solutions to these issues, millennials will continue to struggle in the housing market and will be blocked from putting down the kind of roots that strengthen communities and economies.”

From September 2010 to 2018, the median price of a new home rose over 40 percent to $320,000. Meanwhile, starter home inventory has dropped, driving more and more millennials into costly, long-term renting. Student loan debt makes it harder to save up for a down payment and qualify for a mortgage. Over time, these factors accrue and threaten the financial stability of individuals and families.

The full JEC Report can be found here.

  • "I think a big part of what needs to happen across the board is we need some fresh blood, we need new people, new energy," @patrickmurphyfl told @businessinsider in a new article about the launch of #FutureForum. Young Democratic leaders of Congress are joining together to tackle the issues that matter to millennials.
  • Future Forum Foundation has officially launched! Our mission is to advocate for issues that are most important to millennials in Congress. "This swiss army knife is getting more and more tools to help young people," @repswalwell said of the new foundation. "That shows that young leaders are on the rise in and out of congress" (quoted from @businessinsider )
  • Today, #FutureForum launches with the mission of tackling issues that millennials care about the most. As the next generation of young Democratic leaders, we plan to engage directly with millennials in order to generate policy solutions. "I think groups like this will help — new leaders will rise from this. When there is new blood and new leadership I think some folks will come from this group," explained @patrickmurphyfl
  • #FutureForum members meet with @mcuban to discuss how we can tackle the decline in millennial entrepreneurship.
  • #FutureForum wants to hear directly from American millenials! It's critical that as Members of Congress we listen and engage with them to solve their issues head on.
  • Millennials are the future of our nation. That's why #FutureForum is fully committed to listen and stand up for the next generation of Americans!
  • Congressman Eric Swalwell from California's 15th district, Chair for #FutureForum
  • Congresswoman Stacey Plaskett from the Virgin Islands, member of #FutureForum
  • Congresswoman Stephanie Murphy from Florida's 7th district, New Member Vice-Chair for #FutureForum
  • Congressman Ruben Gallego from Arizona's 7th district, Communications Vice-Chair for #FutureForum

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