This study examines popular and scholarly perceptions that young American evangelicals are becoming more liberal than older evangelicals. Examining a range of "hot-button" issues relating to sexuality and family, I find that young evangelicals are significantly more likely to have more liberal attitudes on same-sex marriage, pre-marital sex, cohabitating, pornography, and to a lesser extent, abortion. Using recent work on Emerging Adulthood, I explore education, delayed marriage, and a shift away from God as moral authority as potential explanations. I also explore a new method for operationalizing evangelicals in future quantitative analysis by using three different classification schemes simultaneously: Religious Tradition, Self-ID Evangelicals, and Theologically Conservative Protestants. The data come from the 2006 Panel Study of American Religion and Ethnicity.