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re: Why Summer jobs don't pay for school

Posted on 7/26/16 at 2:54 pm to
Posted by OweO
Plaquemine, La
Member since Sep 2009
113972 posts
Posted on 7/26/16 at 2:54 pm to
I read the first paragraph, but when it got to the point where you couldn't get a decent job without a four year degree even more people started going to college. With more people, more resources are needed which cost more so prices had to go up, not to mention, the prices went up with demand because a degree became more valuable.

Then with student loans being available, students could take out a loan, pay for school and have some extra cash in their pocket and didn't have to worry about paying it off right away. In theory, they get a loan, they can pay for school and the extra money in their pocket could make life a little easier while in college and then when they graduate, they will get a well paying job and be able to pay off their loan and life would be perfect.

With that said, was there a time when you could get a summer job that paid enough for people to be able to save up for school? It seems like most summer jobs would pay.. right above minimum wage on average. There are so many people looking for summer jobs and no one isn't going to pay more than they have to in order to hire temporary work.
Posted by Martini
Near Athens
Member since Mar 2005
48857 posts
Posted on 7/26/16 at 2:58 pm to
Well considering I believe minimum wage was around $2.50-$3.00 an hour and ten bucks was a good night waiting tables in 76' I wasn't setting the world on fire with spending money.
Posted by Hawkeye95
Member since Dec 2013
20293 posts
Posted on 7/26/16 at 2:58 pm to
quote:

My scholarships and summer job paid for college 10 years ago


this but it was 25 years ago for me. I lived really poor though, like only eating 2 meals a day. And worked two jobs through most of school
Posted by tigeraddict
Baton Rouge
Member since Mar 2007
11815 posts
Posted on 7/26/16 at 2:59 pm to
I worked 32-40 hrs week and paid for college. granted it took me 10 years to get my degree but it can be done....
Posted by Tigers_Saints
Member since Jun 2016
949 posts
Posted on 7/26/16 at 3:00 pm to
quote:

My scholarships and summer job paid for college 10 years ago



According to the college board, there's been an 11% increase in the average tuition + fees + room and board in the last 5 years. And 5 years ago, it was a 14% increase from the 5 previous years.

So you're looking around a 26% increase in the last 10 years.

I've graduated and worked throughout college and was lucky enough to find a good job to pay off my loansa few years after leaving. Still seems like price increases are out of control.

LINK

Textbooks are even more ridiculous

Edit: Looks like I used non-profit colleges. Four year public is even higher I believe

32% increase in the last 10 years for public 4 year colleges
This post was edited on 7/26/16 at 3:09 pm
Posted by BACONisMEATcandy
Member since Dec 2007
46643 posts
Posted on 7/26/16 at 3:00 pm to
No mention of how this was primarily caused by student loans provided by the federal government
Posted by Salmon
On the trails
Member since Feb 2008
83589 posts
Posted on 7/26/16 at 3:02 pm to
quote:

You worked 14 hours a days for 90 straight days?



pretty much

Sundays were generally shorter but I was working 15-16 hour days the other days of the week

I volunteered for these hours

Posted by Salmon
On the trails
Member since Feb 2008
83589 posts
Posted on 7/26/16 at 3:04 pm to
quote:

The frick were you doing?


working in a lumber yard and delivering building materials to all over the state

I would volunteer to stay late and load all the trucks for the next day after I was done delivering materials for the day

Posted by LakeViewLSU
Baton Rouge
Member since Jun 2009
17730 posts
Posted on 7/26/16 at 3:04 pm to
quote:

You worked 14 hours a days for 90 straight days?


That sounds like your classic bar room exaggeration.
Posted by kingbob
Sorrento, LA
Member since Nov 2010
67123 posts
Posted on 7/26/16 at 3:04 pm to
It's definitely a good read. While not impossible to do, it has become far far far more difficult.

Imagine tuition and fees is 10k/semester, not uncommon at all outside of Louisiana.
$9/hr, a little more than minumum wage working 40 hrs/week between semesters and 20 hrs/week during semesters. Approximately 35 weeks of the year are during the semester and 17 weeks of summer and winter break.

Add that up, and it's a total of 1,380 hours available to work during the year. At $9/hour, a little more than minimum wage, that equals $12,420 before taxes, rent, food, insurance, or other bills. Withholdings and income taxes likely drop that under 10k real fast.

As you can see, that barely, if even, covers one semester's tuition, yet alone living expenses or books or anything else. College students are screwed.
This post was edited on 7/26/16 at 3:10 pm
Posted by tiger91
In my own little world
Member since Nov 2005
36724 posts
Posted on 7/26/16 at 3:05 pm to
In 1988 my tuition and dorm for the fall were less than $2000 combined ... of course books, meal plan whatever after that. Tuition/fees alone now are $6000+ per semester.
Posted by Salmon
On the trails
Member since Feb 2008
83589 posts
Posted on 7/26/16 at 3:06 pm to
quote:

frick that. Students loans can be paid back, getting those months of your life back cannot be done.


it was just 3 summers and allowed me to not work during the year and allowed me to graduate debt free which allowed me to get started on the right path financially faster than the people I graduated with that I still paying on college loans

downvotes for working my arse off and graduating debt free?

This post was edited on 7/26/16 at 3:28 pm
Posted by Hawkeye95
Member since Dec 2013
20293 posts
Posted on 7/26/16 at 3:09 pm to
quote:

As you can see, that barely, if even, covers one semester's tuition, yet alone living expenses or books or anything else. College students are screwed.


while I agree with you, that they are screwed - i routinely worked more than 40 hours a week for 3 years of college. I still had a social life and graduated with a 3.9. It can be done, it just takes discipline.
Posted by schwartzy
New Orleans
Member since May 2014
9033 posts
Posted on 7/26/16 at 3:10 pm to
That's what my parents don't understand. They were able to work over a summer and pay a year's worth of tuition. With tuition being roughly $10,000 in-state, a summer job would only pay for 2 months groceries. Us millennials are not lazy slackers; rather, we realize that there is no way to earn enough money without a real career, which is why I'm still dependent on my parents at 22 trying to get through school
Posted by kingbob
Sorrento, LA
Member since Nov 2010
67123 posts
Posted on 7/26/16 at 3:10 pm to
I bet your major wasn't engineering

Also, even if they worked full time all year, at $9/hr, they still would only net approximately $18k before taxes.
This post was edited on 7/26/16 at 3:12 pm
Posted by TheOcean
#honeyfriedchicken
Member since Aug 2004
42508 posts
Posted on 7/26/16 at 3:12 pm to
Cue the baby boomers talking about how their school and summer jobs paid for their education. Everyone should do it! It can be done!
Posted by Tigers_Saints
Member since Jun 2016
949 posts
Posted on 7/26/16 at 3:13 pm to
quote:

it was just 3 summers and allowed me to not work during the year


How much were you getting paid?

At $8 an hour (min wage was $5.15 10 years ago) and working 95 hours week, that is $9,120/year to live off of.

Rent alone at just $400/month is going to take out half
This post was edited on 7/26/16 at 3:15 pm
Posted by BluegrassBelle
RIP Hefty Lefty - 1981-2019
Member since Nov 2010
99091 posts
Posted on 7/26/16 at 3:15 pm to
quote:

It can still be done



Good luck finding something that pays well enough to cover tuition and books, much less room and board without a degree. The residential counselor job I took one summer back in the early 2000s that was paying about $14 an hour now requires a four year degree. I've even seen simple clerk jobs that now require at least an associates that before didn't require more than basic knowledge of Microsoft Office. There's a pretty big reduction in summer jobs worth a shite for college kids, especially when a lot of entry level jobs have been consumed by people wanting to work just enough to stay on welfare. Most of the HS kids I work with are using stints at Jimmy Johns and Kentucky Kingdom (amusement park) for extra money and relying on student loans and scholarships for actual tuition.

I also went back and looked at bills/invoices I saved from my first college stint and compared it to going back now and the cost increase is crazy. There's roughly a 30% increase in tuition and the cost of books has doubled (and in most cases cannot be sold back since several of classes are using virtual books/access codes that you can't sell back).
Posted by Hawkeye95
Member since Dec 2013
20293 posts
Posted on 7/26/16 at 3:17 pm to
quote:

I bet your major wasn't engineering


Does dual degrees in comp sci and philosophy count?

I also did have a full ride to LSU.
Posted by kingbob
Sorrento, LA
Member since Nov 2010
67123 posts
Posted on 7/26/16 at 3:19 pm to
I'll give you credit for the computer science, but not for the philosophy
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