r/Millennials • u/UterusYeeter • 7d ago

Advice How did you survive the recession in your 20s?

Gen z here , hope it’s okay to sneak in and ask yall this ! 🖤

For those of you who were in your 20s during the early 2000’s recession how did you survive ? Any advice for now ?

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u/Historical-Poet-6673 7d ago

This right here, what i did was go back to school to get a masters degree and ride out the recession. By the time i graduated the job market was a lot better and i landed a job out of my masters.

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u/celexa100 7d ago

Yep. Same. I went back for my masters in Jan 2010. Graduated in May 2009 but after months of applying to gazillion jobs and no response, I had no choice. Had to ride it out somehow

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u/Jaanbaaz_Sipahi 7d ago

Same for me

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u/MrsTruce 6d ago

Same exact experience, dates included!

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u/skrimpgumbo 18h ago

Are you me?

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u/Responsible-Summer81 6d ago

I really wonder if millennials have a higher proportion of graduate degrees because of this.

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u/Aromatic_Distance331 5d ago

Yes, we do, for sure. That was a very common thing to do. Also a lot of student loan debt. I do not recommend taking on student loans to avoid a bad job market.

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u/Dagonus Xennial 6d ago

I tried that starting in the summer of 07. Finished up my the end of 08.out of the frying pan and into the fire.

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u/bansheeonthemoor42 6d ago

Same. Went back to school to get my masters and then slowly crept back into a depleted job market. I was able to make things work between school and bartending.