Dr. Eliza Philby

He's experienced a downward social mobility and he had high expectations because he watched what had happened to potentially his peers and ultimately potentially even what had happened to his parents.

And so his expectations were a degree would get me this.

I would have access to a house.

I would have a certain sort of measure of success in this system.

And it's those, yeah, unmet expectations that you didn't, you know.

And I do think if you look at like people in their 20s, you know, I'm in my 40s.

I look at them and I'm like... You are in your what?

40s.

I'm here midlife.

You look in good 40s.

Tell you what.

No, but you look at Gen Z, right?

They're in their 20s and they are becoming financially educated, investing, however, randomly in certain things.

They are fully aware that you cannot live by salary alone.

And they are fully aware of how exposed they are to AI.

They are fully aware that a college degree isn't the access and the entry point to opportunity that it was 20 years ago.

They're so much savvier, whereas I think millennials are still, I call them the in-betweeners.

They're like caught between two centuries.

They're still sort of like hankering after the 20th century dream.

and sort of trying to sort of navigate the 21st century.