Business: Rites of Passage: The Knapsack Nomads

SUMMER in Europe has become a rite of passage for American youth, the Woodstock of the '70s. Young vagabonds have always tripped out to Europe for the warm months, but there is something different about Exodus 1971. Most of the new wanderers are not highly motivated students seeking culture or well-heeled dollar scions out to raise hell. They are generally the same bunch of kids who would normally have had summer jobs lifeguarding at the pool or dispensing hamburgers at MacDonald's. Only this year few summer jobs are available for students. The unemployment...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!