Started By
Message

re: The American path to financial "success"

Posted on 3/21/15 at 1:53 pm to
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 3/21/15 at 1:53 pm to
Posted by GreatLakesTiger24
One State Solution
Member since May 2012
55606 posts
Posted on 3/21/15 at 1:54 pm to
If I didn't have 17 cousins and 4 aunts/uncles i could plan on a lot of money from my grandparents
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
119121 posts
Posted on 3/21/15 at 2:05 pm to
quote:

Man.. people really factor in potential inheritance in their personal financial plan? To each their own I guess..


I think many people's retirement plan is to inherit. I know people who are that way. I guess I hope it works out for them.
Posted by NYNolaguy1
Member since May 2011
20892 posts
Posted on 3/21/15 at 3:00 pm to
quote:

Individuals between the ages of 22-32 who have a bachelor's degree earn, on average, 50% more than individuals without one.
Um tell that to the English and history majors looking at their welding and plumber friends. Who do you think makes more?
Posted by lsu480
Downtown Scottsdale
Member since Oct 2007
92876 posts
Posted on 3/21/15 at 3:06 pm to
She would never, she has made her intentions well known. Her will is already set up, she let my sister and I figure out who would get what before she made it.
Posted by OleWar
Troy H. Middleton Library
Member since Mar 2008
5828 posts
Posted on 3/21/15 at 3:11 pm to
quote:

2. If you have to shoot someone, shoot them below the knee so it's not attempted murder, just assault with a deadly weapon


55. Don't post about firearms on a board filled with military, law enforcement, and outdoorsmen.
Posted by Azazello
Member since Sep 2011
3182 posts
Posted on 3/21/15 at 3:18 pm to
quote:

I thought it was below the waist.


It is one of the best places to shoot someone.

T-Box
Center Mass
Pelvic Gurdle

Posted by Boats n Hose
NOLA
Member since Apr 2011
37248 posts
Posted on 3/21/15 at 3:21 pm to
quote:

Um tell that to the English and history majors looking at their welding and plumber friends. Who do you think makes more?


I think you may want to go back to school and learn what the word average means
Posted by Jet12
Tweet, tweet, tweet, two steps.
Member since Nov 2010
20554 posts
Posted on 3/21/15 at 3:23 pm to
This post was edited on 3/21/15 at 3:24 pm
Posted by cwill
Member since Jan 2005
54752 posts
Posted on 3/21/15 at 3:25 pm to
quote:

2. Don't do drugs. This isn't a moral issue, but a financial one. Drugs are an expensive habit. The ability to pass a drug test is a prerequisite for a lot of high-paying jobs. Also, drug arrests on your record can make getting a job much much more difficult and the costs of going to court can near bankrupt a young person.


The rule should be: Don't abuse any substance. Believe it or not most people don't become addicted to drugs and alcohol and are able to manage it recreationally. Drugs were never an impediment to my school endeavors or my success.

And the whole tattoo thing is out of date. I don't have any but a know a lot of professionals my age and younger that do.
Posted by NYNolaguy1
Member since May 2011
20892 posts
Posted on 3/21/15 at 3:37 pm to
quote:

I think you may want to go back to school and learn what the word average means


I am inclined to think that those in engineering, science, and accounting fields skew the statistics. Getting a degree in those fields definitely helps getting a higher paying job. Going to college in general just to go does not.

Your argument is similar to me telling you the average starting salary for lawyers is still 100k. That's true, but its not the whole story.
Posted by rehtaeh
Member since Oct 2013
4487 posts
Posted on 3/21/15 at 3:45 pm to
You can get mad if you want, but:

9. Be born white.

Posted by TxTiger82
Member since Sep 2004
33939 posts
Posted on 3/21/15 at 3:48 pm to
quote:

I am inclined to think that those in engineering, science, and accounting fields skew the statistics. Getting a degree in those fields definitely helps getting a higher paying job. Going to college in general just to go does not.

Your argument is similar to me telling you the average starting salary for lawyers is still 100k. That's true, but its not the whole story.


[First, let's ignore the fact that lawyers have more than a bachelor's degree for a second].

By the same token, the plumbers and electricians who earn $30/hr are exceptional among individuals without bachelor's degrees, not typical. Averages include outliers on either end of the spectrum in both population subsets.

I'd be happy to explain that to you in further detail if you need clarification.
This post was edited on 3/21/15 at 3:50 pm
Posted by NYNolaguy1
Member since May 2011
20892 posts
Posted on 3/21/15 at 4:17 pm to
I think you would agree college is best suited (financially) to those that can use the practical/theoretical knowledge they learned in college in the workplace. That basically wipes half of the degrees (humanities, liberal arts, minority/women studies) offered at most schools out of standing. In my eyes its worth to go to college for something you can use-sciences, engineering, some business.

My point was too many kids these days are going to college to put off life after high school. They take easy subjects, learn almost nothing, and graduate neck deep in loans. They're then shocked when they can't find a job. Those are the people that would be far better off pursuing a trade.

BTW your numbers for plumbers and electricians are way off. Maybe its just because I am involved in construction daily (and live in NYC), but most welders, plumbers, and electricians I know make north of $40/hour before taxes. If they are solo practitioners/have their own business, labor is like $100/hr for a master plumber. They're also unionized, so there's that.
Posted by lsunurse
Member since Dec 2005
129003 posts
Posted on 3/21/15 at 4:22 pm to
College isn't for everyone. We're only further making things worse for everyone by keeping that mentality that you have to go to college popular. High schools should be more focused on trying to help those kids that are clearly not meant for college and help guide them to a profitable trade instead of pushing all kids in the "go to college no matter what" mentality.
This post was edited on 3/21/15 at 4:24 pm
Posted by TigahRag
Sorting Out OT BS Since 2005
Member since May 2005
132775 posts
Posted on 3/21/15 at 4:25 pm to
People without degrees always say this ..
Posted by lsunurse
Member since Dec 2005
129003 posts
Posted on 3/21/15 at 4:29 pm to
Yeah but I'm going back to get one though.

Only reason I didn't get it long ago was cause I was young and dumb and in love with our mutual friend


But surely you know people with useless degrees or who went for a lil bit, raked up debt to just drop out. I'm not saying we not encourage kids to go to college....just recognize it might not be the best road to take for every single kid out there.


ETA: I'm pretty sure slow agrees with this stance.....and we know he has a degree
This post was edited on 3/21/15 at 4:31 pm
Posted by NYNolaguy1
Member since May 2011
20892 posts
Posted on 3/21/15 at 4:35 pm to
quote:

People without degrees always say this ..


I am an engineer with two degrees and I am saying that too. It's true. The ROI for too many degrees doesn't justify going.
Posted by TxTiger82
Member since Sep 2004
33939 posts
Posted on 3/21/15 at 4:35 pm to
quote:

I think you would agree college is best suited (financially) to those that can use the practical/theoretical knowledge they learned in college in the workplace.


I do not agree. This is a myth. Most liberal arts majors are earning right on the average, some are even earning more than hard sciences (e.g., an economics major earns more than a physics major).

quote:

In my eyes its worth to go to college for something you can use-sciences, engineering, some business.


This is a common attitude that perpetuates the myth I described above. Unfortunately, your attitude is shared by a growing segment of the population, despite its dubious origins.

quote:

They're also unionized, so there's that.


Right, and those are under attack across the country, so there's that too.
Posted by TxTiger82
Member since Sep 2004
33939 posts
Posted on 3/21/15 at 4:36 pm to
quote:

The ROI for too many degrees doesn't justify going.


1) You're wrong.
2) College isn't all about "ROI" and it never has been.
first pageprev pagePage 4 of 7Next pagelast page

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram