Coming Up: Recession Report
...but not the kind that you've already seen. We're working on a project that focuses on how (or if) the nationwide, economic recession is affecting YOU. And we're asking for your comments to help us out.
Some of you high school juniors and seniors have written that you'll be trying to save money - or scale down a loan - by shifting your sights to a local, public college instead of an out-of-state or private school.
How else is the recession affecting you? Even if you haven't personally taken a hit, let us know what you've seen as a result of this crisis. And we may feature your comments on an upcoming edition of CNN Student News.
In fact, if you send us an iReport, you may see yourself on an upcoming edition of CNN Student News!
Carl Azuz, Anchor
speaking out for all the middle schoolers we have been hit. our fairytale teenager years may not come true like driving a fancy car. i hear a lot about the recession right now and it is not fun but you are awesome carl and that is all that matters!
There's a lot of families who are cutting back on shopping and such, but there are others which don't even feel that there's a recession. Some think it's just a time where the prices of products are lowered.
Well,our family had it big time. We are now living in South Korea so we haven't taken the direct hit but even here which is very far from Obama's White House the foundations are just 'steam-mulating'.
The price of everything has gone up. Furnitures, food and house. And of course we are just stuck in a very uncomfortable apartment unable to sell a house or but one. And there is a thing called 'hakwon' in this place, If you wanna go to university you had to attend one, so as to get ready for any big changes. They are just essentialities but right now we have to cut them up also because father can't make more money to support me.
When U.S collapses, so does this country.
I know I'm going to have to work to get scholarships for school, (I knew that years ago, really) and I can kind of feel the recession, I mean, my family doesn't go out too much anymore, we never really did...but now we try and save our money as much as possible and don't spend it for the heck of it.
It's not affevting me, but it's affecting my parents! My dad's boss needs alot of people to go to Pakistan.
P.S. Don't do corny jokes my whole class thinks they are bad! Sorry!
the no cussing club was a good idea but would u get bored at times??
I have not been efected.................yet. but I see foreclosure signs every ware! I do not believe what the government is doing is going to help.
p.s.cows rock!!!!!!! and so does cnn student news!
It makes it harder to find jobs and get them.
the recession has messed up my family. I know alot of people who cant go places or buy a large amount of food or have party or anything. They are pretty much stuck to there homes trying to hold on to their jobs or find new ones. I hope obama can get us out of this mess, or else i dont know what we will do.
What is that? I was not hear for the last three days. So I could not see student news. Is the Recession Report a report of the recession.
My parents are school teachers so they dont make much money anyway. Since the economy has declined, we have been eating a lot more rice and beans. If I never eat a bean again it will be too soon
ya the resession effects us my mom is out of work
One of our students commented that he has seen the effects of the reccession in schools. Schools are not getting as much money money for programs like band or other clubs. Another student has heard that teachers are losing thier jobs. Others have noticed that people they know have lost thier jobs, including one students mother. Also, others have noticed that prices have gone up in some areas. The students have noticed that a lot of stores have begin closing such as Mervyns, Circuit City, and others.
I think that the recession is affecting everyone is some kind of way, weither it's making changes in your college choices, or cutting down on groceries and gas money. For me, we have been hit, but definately not as hard as some other families.
The Recession is effecting everyone not just some so President Obama really needs to think about what he is doing!!!
A bunch of my friends have taken a hit, but I'm doing just fine. My mom and I have enough money to hopefully make it through this recession!
recession is not effecting me at all. But you guys rock!
My dad works for Congress, so I know everything about the recession as soon as it happens. It's pretty scary to know that America, which is pretty much the center of the world, can be having such terrible economic problems.
I know my family has been hit by the recession. I can only hope that this is over before I get to college. I'm really counting on Obama to get us through this.
I have definitely seen the effects of the recession everywhere. A lot of my mom's family who used to live near us had to move away because it is too expensive to live here. I hope this is over soon!
I know a lot of people who are having to cut back on how much they buy and how much they spend. Everyone is looking for cheaper, even if it isn't as good quality, because it's all they can afford.
The recession has left everyone I know scared and confused. We're all hoping it ends soon and counting on Obama to pull us through.
This financial crisis really seemed to sneak up on us. No one expected more than a small little recession! At least, I know that's what I expected.
due to the economic crisis ive seen people have to take out second morgages on there house, sell everything they have and live pay check to pay check. thats just the start of everything that will happen.
im not sure if it has hit me yet but my parents are cutting down on spending money. Like for me for lunch i feel bad for asking for lunch money but i do need to eat and the school i go to doesnt pay for my lunch.
even though my dad owns a store i still wonder if we will have to be out a jod
It's mostly affecting because we hear about it all the time...I think some of what we hear may be exaggeating the truth, and that the recession could possibly just be a result of public panic.
oh yeah carl has your job been affected by this recession
I'm only a 7th grader..But, I hate that the ressecion is affecting the Juniors and Seniors on there way to go to college and when they actually get out in the world. Now that we've screwed it up it's going to take twice as long to fix it. But, I believe that hopefully in the next 6-12 months the economy will be getting better..
Hey, The economy does affect us kids / teens. An example would be, how it affects our parents. Our 6th grade class watches CNN Student news Monday through Friday and it is nice to be informed on issues that may or may not affect our families.:)
You see, I live in Missouri and next year I will be going to another school than I would of before.Also children in my classroom, including myself will have to go somewhere insted of where we are supost to go. That is what I think is the recession!
The poor econmey is not really effecting me that much. I find it nerve racking hearing Barack Obama talking about it all the time.
I'm still trying to figure out all thats going on, but I agree with whatever Carl thinks.
The financial crisis has affected not only me and my family; houses in my neighborhood are being foreclosed all the time. I'm just glad that I am managing to stay afloat.
Hey carl my name is Brandon and my class Thinks People shouldn't cuss becouse it really make you look like a bad person and no one wants to hang out with you. Anyways Can you please Put this on The News Monday My class watches it every day
Thank you so much Brandon
My family had been very fortunate, we haven't been hit with it yet. My heart goes out to anyone who had been hit with this recession. I hope it gets better soon.
Everyone is suffering because of the economy. My dad just got laid off and I know that there are a lot of people who need to cut back on their spending. It's gonna be hard, but hopefully Obama will find some way to get us through it.
well this recession had me get a job at muvico to get money to help buy food for my family
About 9o% of the families (where I live) depend on parents' or even teenagers' jobs in the petroleum industry. When the recession hit, I could sense more stress in the air because more of my classmates and/or their parents were worried about losing their jobs and having to find a different way of making ends meet. We've seen effects of the recession within a 6o mile radius. I also hear about the effects from my friends in different states. In fact, some of my friends have received letters from schools they were accepted to saying that their admission was cut due to the changing money policies in response to the recession.
I haven't personally been affected by it, but I'm not letting my guard down. I gave up my dream of leaving the state for college so that I could provide a small amount of help for my family just in case we end up being hit as well.
Several of my friend's parents have lost their jobs, public service jobs in the county have decreased the amount they will pay you. My fathers resturaunt doesn't bring is as many customers as before.
-same Melissa as the one on March 6.
The recession has not really hit me, but it has hit my neighbors...they just moved into their new house a few months ago. and now they had to move out because it is now bank owned :(...........(please post this, oh and hi Mr.Johnson!) well thanx
I personally have not been effected by the recent economic crisis, but my sister has. She works part time at a bank, and due to the crisis they can't afford to put her on full time. Because of this, she gets no health benefits.
Thinks that the no cussing club is very good maybe it would help peoples attitude and help them have better manners. love the show
I wanted to go to a out state college like LSU. My parents are still saying i can, but i don't think that for long. A couple of days of go my dad just took a hit on his job.Now i am just praying everything is going to work out for the better.
My family hasn't been hit by the recession yet, but there are a couple of houses in my neighborhood which haven't sold in three years! Last night on the news it said 12 million people are out of work, the worst in 25 years. That really scares me and I hope the stimulus package helps bring that number down.
IF WE START ALL OVER AND FORGET ANYTHING THAT HAD HAPPEN AND USE RENEWABLE RESOURCES FROM OUR COUNTRY AND STOP WORRYING ABOUT OTHER SOURCES THAT ONLY HARM THE WORLD WE IM SURE WE WILL BE BETTER OFF
The recession really seemed to sneak up on my family and I. I'm upset because there is not enough money to buy new fun stuff like iPods and books. But because I don't want to seem like a spoiled kid, I don't complain.
The economy is effecting me. My uncle lost his job.I know the obama plan is going to work ,but i hope it happens faster!!!
I think that my teen years aren't going to be 'fly' until PRESIDENT OBAMA fixes us.
Ever since this reccession started, everyone's been scared about their money, jobs, savings, and their children too. I'm a seventh grader in California, and I hear these things all the time. My family is okay right now, but I'm worried about those who don't have a home to go to after school or work. My friends and I are hoping Obama will get us out of this reccession, because who knows? We could all be homeless by tomorrow.
I can't even buy a pack of gum without spending more than $1.50,
It's driving me crazy!!! since when is candy or food so expensive?
In the recession as a teenager, we're going to have it harder growing up then my brothers, sisters, mom's, and dad's had it when they were my age. W'ere going to have to be conservative and save up money for our daily lifes, which is going to be tough, but i know we can do it!
The economy is affecting me by, we can not by brand name clothing anymore. And theres no more random grocery trips!!
It really hasn't hit me. But this has really gotten me and other families staying on a budget.
This recession is a tornado crushing everyone in it's way. our country needs help!
The recession is really making families spend less money and go on budgets.
I think this recession might affect me because I might not be able to get into the college that I want. Now because of this global recession the students of America will begin to get competetive. Everything in the world is becoming competetive. So, colleges will most likely have higher expectations.
The recession hasn't really affected my family personally, but i know about 3 or 4 families wh ohave had their house foreclosed, it's a very sad situation. Fortunately the jobs my parents hold are virtually recession proof as a nurse and a police officer. We do our best to help other famililes in need.
i'm from korea
i don't know what 'recession' exactly affected in America
but one thing for sure.
because the America (which is one of the most powerful country) is in deep recession, all other coutries are in recession, too including Korea . it really makes everyoune suffer...i want Obama's plan
relly accomplish something
p.s i really enjoy cnn student news and i like to say Carl rocks.^^
I think that the current economic crisis is affecting everyone even the people who are disabled.More and more people are getting disability even when some of them don't really need it.
Its been hard because my pearents wont buy me a cell phone.
I think the President should have sent a bigger stimulus, but that would mean more taxes.
If the teens ARE smart I think they deserve a little help from their school and community to get in a collage.
This hasn't been a problem for me or my family...but it could be.
our family will be putting our house on the market soon and knowing how the economy has been going it might be a problem getting what we want for the house.
well of corse it is effecting us. im old enough to no that things may or may not get better.its also giving me insight on how to handle upcoming economic problems.people just have to keep their money under control.
hey carl!! our class loves watching the cnn students news.. if you could give a shout out to mrs. Silvermans class that would be steller. thank you so much.dont 4get we love your awsome jokes keep them coming
Not at all, my parents' bank is actually SMART!
It has definitely made me think through my decisions thoroughly and it has opened my eyes. When I thought it was bad already, I didn't think it could get any worse, I was wrong. I'm a senior and planning on going to college and with the cost of college tuition like it is now, it makes it kind of spendy. Also having the ability to getting a loan is more difficult. Because prices are going up, I see people struggling to purchase their normal rations of food, and they're having to cut back. some people can't afford to pay off their mortgage on their house, they then face for closure. I think out of the economic recession, I will see how lucky I am to have food, clothes, and a roof over my head. It's a sad thing for our economy to go through a recession but I really think it needs to bottom out completely. After it does, there's no where to go but up.
My family hasn't been directly hit, but my a lot of my friends and other family members have. Many of them have gotten laid off and have to cut back on spending a lot. I think if Obama would be more confident about this recession and how we will get through this, we would have already fixed this recession or be close to fixing it.
I'm a Freshman, and already think about what's going to happen to me, I went college hunting last summer, and it seem like everything is up in prices. It's really tough because my family doesn't have a lot of money. It makes it seem like the only way for me to get into a good college is to get a scholarship. And that's not going to work because everyone is making this assumption and kicking it into gear, getting good grades and things. It's a lot more competitive now, then it was before the recession
Well I'm not the guy who posted before me.
What I want to say is that even in middle school the economic bamboozle is just killing me. My family is trying to cut down everything they could possibly can. My father's cutting every loans available. Mom's cordon blue turned to salami sandwich. My brother was supposed to enter Ivy League and now he have become sandwich man. As for me, If I move to high school I'll be at public school.(I was at private school till this session.)
Solutions? Just don't do anything. That have become our family motto.
Everyone is getting affected one way or the other. If the situation is so untill me and my friends get a bit older it shall affect us outright but now it is affecting us through our parents and other adults. I don't know about mine but it is definatly affecdting a few of my friends.(But i can't be so sure.)
Actually, I don't live in America, but global recession is certainly affecting my country too! Our family is not that greatly influenced by the economic recession but one of my neigbors who had proximity with our family is suffering from this recession. She runs a small store, but it isn't sufficient enough to support her family... Also, I have seen many people come out on TV who are having torture from this recession. For example, there was an high school student who had to do work in a factory all day and study without sleeping!
I am 17 yrs old... and getting a job has been the hardest task imaginable. Nobody is interested in hiring ANYONE under 18, even my friends are having their hours cut, or worse. I have bills to pay, and I am really starting to understand what normal home-owners are experiencing. Good luck out there!
theressestion hasen't efected me as much as some people
I'm not effected in ANY WAY! It's TOTALLY weird. My parents bank is actually SMART!
I think that it is right to fire or lay off teens first. They are not the ones providing for their family and they are not the ones fighting to get their children into a good college.
This crisis is affecting me and my twin sister. Our parents have been putting money into our college accounts since we were born and in the past two months we have lost over 300 dollars each.
I think that the recession is affecting everyone, wether it's cutting back on shopping and things like that, or your parents loosing their jobs. I'm glad that things are being done to try to end it!
The ressession has affected my family deeply....my mom got laid off her job and then lost our pretty sweet car...so she had to sell a lot of her stuff to even keep the house...its tough
my parents won't let me do an ireport, but i will tell you this. the teachers are making us all write a "persuasive essay" on where we want to go on our last field trip. all but one kid mentioned," and if each kid puts in money, that will really help the school, especially in this economy." It started to become a routine to mention the economy!!!
my family has been hit with the recession like everyone on here. we have to cut back on everything and i have to work now to make money.
Since my dad is a carpenter, so we were hit pretty hard by the recession. He has found a big job in a city 9 hours away, so i guess thats good, but that means for the first time he will be working away from home, and that will be hard. We have lived pretty much the same since work became scarce, but we had a smaller Christmas then usual, and we have to be careful what we buy. Other wise life is pretty good:)
...the recession isn't turning around. the stimulus package seems very useful and looks like it's going to work, but when is it going to be put to use? everyone is waiting axiously and getting no results. my dad quit his job and is trying to find a new one like many other americans, its hard. hopefully we can get through it with Obama as our president [:
I think companies that hire 16 and 17 year olds should hire 13 and 14 year olds like us. Its unfair and if we want to help our families in the crisis in the economy that Obama is making bigger, it would be a good start
The recession has not affected my family in a bad way.In fact we spend more time together and eat at the table now because we have to save money.I am worried about me finding a way to go to college though.
my family has had to cut back on spending very much money.i think this stimulus could be very helpfull
This recession couldn't have come at a better time. My dad quit his job to go to school a few weeks before everything crashed. My mom isn't working either and hasn't for a while. That is bad, because we they say that people will get $7 per paycheck from the stimulus or something like that, but because no one is working, we probably won't get any. We are not spending on things like pizza as much, and only getting things on sale at the store is bad for me because new games for my Wii are never on sale:-( Apart from that things are fine. At least That's what I think anyway...
SIgh, Obama is making more money than gold. If you don't know thats bad. This package that OBama is trying to fully pass will not work. In my mine we just need to pay people less. America payes each person more than anybody else in the world. WHy? Its because we love money and if we don't get what we want we will say we will leave but we wont. All we need 2 do is not get ourselves in even bigger hole. Watch we will be seatin n class and all of a sudden, we will be hit with another Depression. I don't want that to happen but it will if we keep doing this. Look at our past we were in the Depression because of to much spending and the banking system going crazy.
This recession has impacted me severely, however there are others who have it worse. Spring Break really deflects on how the recession has impacted us. Vacationing is pretty much out of the question. We must save every excess penny because there's no promise this is going to get better any time soon.
I am tired of hearing about the economic situation!
i think that the recession isn't turning around any time soon so we all just have to get used to it any wat that we can.
it doesn't even seem like were in a recession. It seems more like the president is giving away billions of dollars and is now making us enter recession. If Obama's stimulus bill won't work this country will be in more debt than ever.
I live in a wealthy county, and people here are not really affected by the recession. We will start seeing minor changes though, sports are getting cut back in highschool, and I suspect some of us will be getting student loans for college if we don't bounce back soon.
The recession as not really affecting me. Am a 17 year old living in Oconee county, GA. I work at a pizza place and everyone just two months ago got raise and my bosses keep hiring new people and expanding. I have not even really notice price change in anything that i buy.
no fair! Both of my parents work in the market so we have been hit really badly by the recession! My mom told me she has been using my college fund to buy our groceries!! And now with Obama looking to tax in everyway possible is not helping! He's even trying to tax bikers!? Come on, Obama. I thought you were supposed to be HELPING our country!
I, personally, have been affected in many ways by the recession. First of all, I had a job at a grocery store for about two years, and just recently quit. I heard a lot from many people about the recession there(people like to talk to cashiers) and pretty much everyone was trying to spend less and less, and as a result the store was cutting hours and employess. Another way this has affected me is through my parents. My mother and stepfather both work for the local goverment, and they both faced a 20% pay cut- which would cut our household income almost in half. They also implemented a hiring freeze and froze all raises. The raises thing might not sound that bad, but the poeple were hired on the promise that after a year they would get a 10,000 dollar a year raise-and now they won't get it. They ended up only getting a 20% cut each, but the county is talking about cutting pay again. Also, my stepfather was in danger of losing his job. This affects everyone, more than people realize, because my parents are cops- and public safety is being jepordized with all of this.
this reccesion is hitting us hard i think opening up government plants manufacturing energy producers for the middle class could help.
that would provide good jobs and incrase enviromental help
I'm a high school senior. I'm also a single teen parent. I have a two-year old and I am pregnant again. Instead of going straight to University like I was planning, i'm going to be going to LVN school to recieve my certification that way I can work weekends during University and Medical School making almost 3 times minumum wage. I've also had to stop buying a toy and a movie for my daughter everytime we go to the store or stop somewhere. She's spoiled still but not as much as she was.
I think it's wrong to tax a biker
Man this recession! I dont know what caused it, but I do that we need to get out of it before we hit another Great Depression! Im sure that the rest of America would agree with me!
i dont think so or more not in my opinion i want to go to yale or havord or maybe even satford university and none of them are in the same state as me ! and im saveing up now to get in a very good college even if i dont get in to yale or harvord i will persurvere to get one that is great for me so why only expand to the colleges in one state there is 52 states so why not expand to feed the hunger i have for knowllege in all of them!!! after all i want to major in bio chemistry
This isnt fair,if they need stem cells, then why not adults???
This recession is a scary thing i have be forced to take on alot of responsiblity for my family from helping out with the bills to paying for my own school supplies and lunch money. If there is one thing i know for sure its that history is bound to repeat itslef somthing needs to happen and soon before we are the second generation to live through a depresion and need World War Three to bring us out of it.
The current recession is helpless to all of us. Not one thing has been positive during this whole situation, besides lowered prices on goods and electronics. This is affecting my family because my Mom recently went from working one part time job to now working two, obviously increasing her work hours. During this time nobody can be trusted, not even the major banks of the world, because after we lent them over 45 million dollars they decided to spend it on self-pleasures. It also affects me because my parents store away college savings for me frequently and now with the bank crisis the money is starting to diminish.
I'm really upset about this. Just because the generation before us messed up with something and screwed up our economy, i don't think we will have to suffer, but you know what? i think we're a smarter generation and we'll get ourselves out of it 🙂
Honestly, kids opinions on the recession is just a refined version of what their parents think. We really don't feel the affects as much as other generations. It kills me that my friends and classmates don't think for themselves, just grab whatever comes out of their mom or dad's mouth.
All Obama is doing is spending money we don't have, which will most likely cause us to end up in bigger debt than we already are.
Well, the recession really has not hit my family as much. I mean ya my mom got her hours cut and we have less money coming in but life seems pretty normal despite the fact that we have cut back on a few things. Oh how I will miss shopping :,-(
This is “America’s Problem”, as Americans “We Must Unite” as a nation to resolve this economic crisis; It’s our Responsibility as citizens of this “Great Nation” to work together to undertake this threat as Our Fore Fathers Accomplish Decades Ago. We will come out of this recession stronger then ever before.
I think that having more time in school would drive everyone insane and students would fail. I think we already have plenty of time in school and not enough free time as it is. Making school days longer and having more would just be a waste of time. Kids already want to skip school because it is too long and adding more would just raise the amount of failing students. So NO I do not think more time should be added in school.
I myself haven't personally been hit, in fact I have more money than ever, due to my new saving tecnique, but I've noticed the effect the recession has on my family. My parents have been taking us out less and less and are always looking for bargains and stores with cheaper prices. At school, we're doing a lot more fundraisers than the past two years combined. Friends and family are skimpier when it comes to luxury and only buy the bare neccessities and only when absolutely neccessary. But on the plus side, my family's gotten closer together and has been doing more things together. I never thought I'd be playing with my sister without ending up in a fight. So the recession has two sides that almost balance each other out. I wonder if you think it's worth it? I kinda do.
I think that recession is HORRIBLE this year ive only had one field trip because the school doesnt have enough money and it got pretty boring.
i dont care
i dont care
I think the kid who played pool is crazy,even a 10 year old couldn't even do that when they were 2 years old
I feal that it is wrong to lay of teachers and helpers and no one wants a classroom with 4-5 times more kids in a classroom.
I would like to make it claire Do not lay off the teachers and helpers leave them be the way they are now.
Thank you.
Mikhail.
Lots of people have been hit hard by the recession. Some of my friends (who will remain unamed) have cut back of shopping for unnecessary things like more toys, video games, computer games, etc.
The recession has been hitting people hard! Right now now none of my family has been effected ,but you know that can change........hopefully not.