‘The American Dream Was A Scam’: Young American Speaks Out

Rising debt and financial challenges lead Gen Z to question traditional paths to success  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

June 01, 2026   |   Read online In partnership with TOP PICK FOR YOU Debt 'The American Dream Was a Scam': Young American Says College, Work, and Debt Led Nowhere A viral X post calls the American Dream a 'scam', highlighting Gen Z's struggles with £70,200 average debt and just 3% homeownership, revealing systemic issues. Read More ADVERTISEMENT The LA Mayor Market Ends June 2. The Odds Are Moving Now. Karen Bass is at 68%. Spencer Pratt at 27%. Over $21 million is already trading on the Los Angeles Mayor race on Kalshi — and the prices are shifting every day as local news breaks. The window to get in before the consensus hardens is closing. The best prediction market trades happen before everyone agrees on the outcome. That moment is right now, before June 2. Peer-to-peer, no house, cash out anytime. Trade $10, get $10 free to start. Trade Before June 2 Trade responsibly. PERSONAL FINANCE Personal Finance 'Remarkable Increase in Food Insecurity': Trump's 'Big Beautiful Bill' Cuts Food Aid For 3.5M Americans Americans are losing access to monthly SNAP benefits amid rising living costs and increasing food insecurity as Trump's 'Big Beautiful Bill' takes effect. Read More BUSINESS Business Elon Musk Sparks $2 Trillion IPO Panic After His Own Tweet Blows Hole in SpaceX and xAI Money Claims Elon Musk's social media post has disrupted revenue assumptions for SpaceX and xAI, challenging a proposed $2 trillion valuation and highlighting uncertainties in AI. Read More PERSONAL FINANCE Debt American Student Borrowed $40K for College — Years Later, Interest Had Grown Debt to $118K Student loan interest can drastically increase your debt, with US student loans now totalling $1.84 trillion. Learn about the impact on borrowers and explore solutions to manage your financial future. Read More ADVERTISEMENT What does that $70k hire really cost? Salary is only part of the equation. Local taxes, benefits, and employment costs add up quickly. Use Oyster’s calculator to estimate the real cost of hiring globally, in seconds. Estimate hiring costs BUSINESS Commodities Gold Prices to $10K per Ounce by 2030, $5.5K by 2027, Predicts Rockefeller Strategist Gold and silver prices have surged due to central bank purchases, geopolitical tensions, and AI-driven demand, with experts predicting continued growth in the precious metals market. Read More IBTimes Mags World Explosive Leak Claims Chinese Firms Helped Keep Iran's Missile Programme Running Under Global Sanctions Leaked documents suggest Chinese-linked firms may have aided Iran's missile programme, bypassing sanctions through complex networks. World UK, US And Australia Launch Advanced Undersea Drone Project To Protect Cables And Counter Rising Threats The UK, US, and Australia (AUKUS) announce plans to develop underwater drones to protect critical infrastructure and enhance military capabilities, amid concerns over Russian and Chinese activities. Technology Google Plans to Release 32 Million Bacteria-Infected Mosquitoes and You Have Until 5 June to Object Google's Debug project has applied to release 32 million Wolbachia-infected mosquitoes in Florida and California. The EPA comment period closes 5 June 2026. World India's Smartphone War Erupts As 'Made In India' Brand Faces Claims Of Chinese Links And Court Takedowns AI Plus, a prominent 'Made in India' smartphone brand, is embroiled in controversy over alleged Chinese links and legal actions against critical reviewers. World 'We're Gonna Take It to the UN': Rubio Issues Stark Warning to Iran Over Strait of Hormuz Stranglehold The US, led by Secretary of State Marco Rubio, seeks UN intervention to counter Iran's blockade of the Strait of Hormuz, a critical global shipping route, amid rising tensions.   Update your email preferences or unsubscribe here © 2026 IBT Media Type Sierra Quebec Bravo, 77 Marsh Wall, London, England E14 9SH, United Kingdom Powered by beehiiv Terms of Service