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The Young and the Hopeless is the second studio album by American rock band Good Charlotte. Following the release of their self-titled debut album (2000), the band met producer Eric Valentine and engaged him for their next album. Sessions lasted from February to May 2002; Josh Freese of the Vandals served as a session drummer. Almost all of the songs on the album were written by Benji and Joel Madden but two tracks were co-written with Valentine and Goldfinger frontman John Feldmann. Drummer Chris Wilson joined the band, prior to the release of "Lifestyles of the Rich & Famous" in September.

On October 1, 2002, The Young and the Hopeless was released by Epic and Daylight Records. It was promoted with a support slot for No Doubt before the group embarked on their own headlining US tour, with subsequent shows of Japan, Europe, Australia and New Zealand in the following months. "The Anthem" was released as a single in February 2003 prior to the band co-headlining the Honda Civic Tour with New Found Glory between April and June. "Girls & Boys" was released as a single in July. From September to November, the band embarked on a headlining US arena tour, during which they made music videos for "Hold On" and "The Young & the Hopeless", the former was first released to alternative rock radio, and later as a joint single, with "The Young & the Hopeless", in January 2004.

The Young and the Hopeless received generally mixed reviews from music critics, who made comments about the songs' clichéd lyrics. The album was a major commercial success, being certified three times platinum by the Recording Industry Association of America (RIAA). Three of the album's singles—"Lifestyles of the Rich & Famous", "The Anthem", and "Girls & Boys"—crossed over from modern rock radio to pop radio. Outside the US, the album charted within the top 20 in New Zealand, Sweden, Australia, the UK, and Austria, and reached lower positions in Japan, Germany, Switzerland, France, and the Netherlands. It was certified platinum by the Australian Recording Industry Association (ARIA) and by the British Phonographic Industry (BPI), as well as two times platinum by Music Canada (MC). The album and "Lifestyles of the Rich & Famous" were nominated for several awards, with the latter winning the Kerrang! Award for Best Single. The album appeared on best-of lists by Rock Sound and Rolling Stone, and earned the Classic Album Award at the Alternative Press Music Awards.