Generation Y grew up as latchkey kids,meaning that they spent time alone at home while their (often divorced)parents worked long into the night,and they were the best-educated generation.

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Generation X, not Generation Y (Millennials), is often referred to as the "latchkey" generation, as they were more likely to have grown up with both parents working and spending time alone at home.

Generation Y Grew Up as Latchkey Kids,meaning That They Spent