Many young people have a desire to buy their first new car because it gives them independence and mobility. But, along with that new car will come many large expenses. For young people who have only recently started working, these costs can make owning a new car impossible in the short-term or at the very least, unattractive. Luckily, there are a number of other options for getting around, commonly referred to as alternative-transportation.
The Arizona Pathways to Life Success for University Students (APLUS) study is aimed at understanding how young people develop financial literacy but transformed into a reflection on how students were adapting to coming-of-age in the midst of a global recession and radical shift in cultural values.
See what the study has found about the Millennial generation.