Sociopath Community

also people whining about the past and how good people had it back then is really not problem solving for today.

some simple math with todays numbers

let just say a young person decided to not work at all and took a student loan for $25K per year for 5 years.

thats $125K total loan. i know that sounds like a lot for a young person, but you have to take this together with your earning power.

and after that 5 years they made the accounting average wage of $56K per year. Minimum wage is $7.25 so is $15K per year.

the difference in pay is 56k - 15k is about 41K.

now you could take that 41K and pay off your loan in less that three years and be set for life with significant earning power. i have an accountant friend that makes well into 6 figures and has a chill desk job counting beans.

even if you stretch this to 5 years. no big deal. this is where people tend to fail. they buy shit with that extra money and then complain about debt.

Billy said: 

also people whining about the past and how good people had it back then is really not problem solving for today.

So you went from "millennials bitching about university school costs, want free shit" to the above, huh?

It's necessary to whine about it so that people like you stop standing in the way of actual change.

 

now you could take that 41K and pay off your loan in less that three years and be set for life with significant earning power. i have an accountant friend that makes well into 6 figures and has a chill desk job counting beans.

even if you stretch this to 5 years. no big deal. this is where people tend to fail. they buy shit with that extra money and then complain about debt.

No one is saying that college isn't worth it. The problem is that it's become more a riskier, more expensive and 'narrower' investment than it was for previous generations. At the same time as more and more employers expect applicants to have a college degree (at least that's how it's here).

Inquirer said: 

Billy said: 

also people whining about the past and how good people had it back then is really not problem solving for today.

So you went from "millennials bitching about university school costs, want free shit" to the above, huh?

It's necessary to whine about it so that people like you stop standing in the way of actual change.

ya, did this hit a nerve? complaining about how it used to be is not productive.

i embrace change when it makes sense

now you could take that 41K and pay off your loan in less that three years and be set for life with significant earning power. i have an accountant friend that makes well into 6 figures and has a chill desk job counting beans.

even if you stretch this to 5 years. no big deal. this is where people tend to fail. they buy shit with that extra money and then complain about debt.

No one is saying that college isn't worth it. The problem is that it's become more a riskier, more expensive and 'narrower' investment than it was for previous generations. At the same time as more and more employers expect applicants to have a college degree (at least that's how it's here).

 uum, spmetimes college is not worth it. plumbers go to trade school and in some cases make more money. college is not for everyone

Billy said: 

ya, did this hit a nerve? complaining about how it used to be is not productive.

i embrace change when it makes sense

No, I'm just explaining to you why "whining" is productive.

uum, spmetimes college is not worth it. plumbers go to trade school and in some cases make more money. college is not for everyone

Well, like I just said, the importance of a college education has increased and will continue to do so in the future. It's against that backdrop you need to contemplate whether it's good or bad for society that this education has been getting more and more expensive.

Weren't you from the boomer generation, where a part-time summer job could buy a car?

Tryptamine said: 

Weren't you from the boomer generation, where a part-time summer job could buy a car?

 im glad you brought up cars. trying to compare a piece of shit 1980s unsafe carburated car of the past to todays air bag and fuel injected cars is a  poor comparison. look at the price of gas or the price of beer.

 i did a little research on the CPI VS minimum wage and it does look like there is a case for a small bump in the minimum wage. 

housing looks to be more expensive than in the past

btw computers are so much less expensive today than 20 years ago;)

Just think big money guys. Especially if you are going to college. Focus on hefty piles of cash. More than you can even count. That's where I'm goin. Straight up.

They're probably voting for Bernie Sanders

enutsur said: 

Just think big money guys. Especially if you are going to college. Focus on hefty piles of cash. More than you can even count. That's where I'm goin. Straight up.

 hahahaaha, i like the hefty piles of cash laying around

US jobless rate at lowest since 1969

The US unemployment rate dropped to its lowest level for more than 49 years in April, according to official figures.

Wage data showed that average earnings grew at an annual rate of 3.2%.

Analysts said the figures indicated that the economy remained healthy, but was not running at a pace that might cause the US Federal Reserve to alter interest rates.

Hiring gains were seen in nearly all sectors of the economy during April.

Professional and business services - added 76,000 new jobs
Construction - added 33,000
Healthcare - added 27,000
Social assistance - added 26,000
Financial activities - added 12,000

https://www.bbc.com/news/business-48145563