When I do volunteer career mentoring for an early career group, money concerns are always a topic.

It's really bad in tech right now because the college students have been reading Blind and levels.fyi for years and think that if they're not making $500K TC they're never going to afford a house. They hit a very harsh reality when they graduate and realize their degree from an average state school and job search in a city that isn't the Bay Area, NYC, or Seattle isn't going to give them those $200K starting salaries they expected with a CS degree. Lately there's another sad discovery when they realize that nobody wants to hire a junior with no experience into a remote FAANG job.

Social media doomerism is also convincing a lot of them that everything is impossibly expensive. You wouldn't believe how many young people I've talked to who have household incomes in the $200 to $300K range who tell me they'll never be able to afford a house or to have kids. When you're immersed in doomer headlines you can lose track of the reality that people are raising families on much less than that all around you.