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re: The Next Recession Will Destroy Millennials

Posted on 8/27/19 at 4:51 pm to
Posted by Turbeauxdog
Member since Aug 2004
23514 posts
Posted on 8/27/19 at 4:51 pm to
quote:

Socially it is a massive step backward


That is because we still have an engrained perception that college degrees have value that I just don’t think carry as much actual value in the form of utility. This will over time change the perception.

Who was actually impressed by their college experience from an educational perspective?

I have a engineering degree and an mba from a top 50 school.

Meh.
Posted by 93and99
Dayton , Oh / Allentown , Pa
Member since Dec 2018
14400 posts
Posted on 8/27/19 at 4:56 pm to
quote:

you're very bad at this


I guess you are good at whining.
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
432038 posts
Posted on 8/27/19 at 5:04 pm to
quote:

That is because we still have an engrained perception that college degrees have value that I just don’t think carry as much actual value in the form of utility. This will over time change the perception.

the problem is that degrees have become a form of utility

now there is a mish mash of culture and class that hasn't sorted itself out yet b/c of the massive proliferation of degreed persons the past 2 decades



this has also been a primary driver in the insane increase in tuition over that same time period

quote:

Who was actually impressed by their college experience from an educational perspective?

while i slummed it majorly by going to LSU, the experience is still the biggest part. you're around educated people and forced to be around ideas outside of your base. the issue is the standards have been so lowered that it's been dumbed down a great deal. going to a lower-level school like LSU was shocking in how utterly mediocre lots of students were, and mind blowing how they got decent-good grades

this is all because degrees became associated with utility

this is also why the degree is such a barrier to entry for so many people, which makes it matter even more in some ways (while being less valuable, which is just crazy)
Posted by NIH
Member since Aug 2008
114266 posts
Posted on 8/27/19 at 5:04 pm to
Exactly my point

A white collar guy suggesting that everyone else go blue collar
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
432038 posts
Posted on 8/27/19 at 5:06 pm to
quote:

I guess you are good at whining

that's 0 for your last 3

i haven't whined in this thread. i own my own business and neither answer or wait behind any other person. my achievements are my own

i am talking about macro-level issues not individual anecdotes
Posted by NIH
Member since Aug 2008
114266 posts
Posted on 8/27/19 at 5:09 pm to
My parents are both upper middle class and raised me to be a professional
Posted by Geauxst Writer
Atlanta
Member since Dec 2015
4960 posts
Posted on 8/27/19 at 5:09 pm to
Each generation finds it way to adapt and succeed.
Posted by Turbeauxdog
Member since Aug 2004
23514 posts
Posted on 8/27/19 at 6:19 pm to
quote:

Exactly my point

A white collar guy suggesting that everyone else go blue collar


I suggest everyone find their means to earn and support themselves in the way that fits their desires and skill sets.

You sound like a progressive telling a white guy he can’t comment on race issues in this country.

Hate that don’t cha?
Posted by Turbeauxdog
Member since Aug 2004
23514 posts
Posted on 8/27/19 at 6:20 pm to
quote:

this is all because degrees became associated with utility


Correct, their utility is their perceived utility not their actual utility, when they diverge eventually perception will correct
This post was edited on 8/27/19 at 6:33 pm
Posted by OleWarSkuleAlum
Huntsville, AL
Member since Dec 2013
10293 posts
Posted on 8/27/19 at 6:21 pm to
For over 9 years post-college I had a job that did not require a college degree and yet I enjoyed it and was successful.

I made more than probably 50% of attorneys and had a much better benefit package.
This post was edited on 8/27/19 at 6:23 pm
Posted by tigerjjs
Baton Rouge
Member since Sep 2006
1274 posts
Posted on 8/27/19 at 6:25 pm to
Preach brother!
Posted by Turbeauxdog
Member since Aug 2004
23514 posts
Posted on 8/27/19 at 6:37 pm to
Good for you but that’s not really the point.

Slow wants to argue a classification of jobs that require a piece of paper with no actual utility should in fact be valued over professions with equal or better compensation because of social perception.

But when that social perception is based on expected compensation, that doesn’t really hold water.

Posted by Bunk Moreland
Member since Dec 2010
56500 posts
Posted on 8/27/19 at 6:41 pm to
Your degrees have great market value, so it's interesting to see you take the position you are because it's not like you went $50k in debt to be a history major. NIH is one of my favorite posters, but I am kind of in your court on this. I represent construction trades fringe benefit funds and am thinking to myself all the time how a lot of these plumber/pipefitters dudes are doing as well as a lot of attorneys I know. Now, it's not like that in every trade. Some guys like tile layers and masons take a physical pounding. But, these guys make a nice living and it maybe took a four year apprenticeship program that didn't really cost anything out of pocket to learn.
Posted by Turbeauxdog
Member since Aug 2004
23514 posts
Posted on 8/27/19 at 6:45 pm to
quote:

My parents are both upper middle class and raised me to be a professional


Neither of my parents have degrees and every time I screwed up my dad threatened to haul me down to the shipyard and have me cleaning ships in 98 degree summer heat.

Neither has any impact on the current value of skilled labor vs the current value of spreadsheet monkeys and PowerPoint artists.
Posted by Turbeauxdog
Member since Aug 2004
23514 posts
Posted on 8/27/19 at 6:51 pm to
quote:

Your degrees have great market value, so it's interesting to see you take the position you are because it's not like you went $50k in debt to be a history major.


They have great market value because of perceived value. I went to a top 50 mba and competed against many people from top 10s. Outside of a handful of exceptional people, a whole lot of meh.

We create these channels and barriers to entry to those channels so that the previously successful filter their progeny into those channels. With technology and a global marketplace that lack of talent will be exposed and things will distill to utility.

There’s opportunity you just have to detach yourself from meaningless perceptions
Posted by NIH
Member since Aug 2008
114266 posts
Posted on 8/27/19 at 6:53 pm to
Muh libtards

I’m not saying people shouldn’t acquire trades. It’s a path to earn a good living. My point is everyone thinks everyone else should go blue collar. Not their kids. Why is that?
Posted by NIH
Member since Aug 2008
114266 posts
Posted on 8/27/19 at 6:54 pm to
I didn’t say a trade or being blue collar is inherently bad. My point is there are social barriers that are hard to overcome without a degree, like it or not.
This post was edited on 8/27/19 at 6:55 pm
Posted by cahoots
Member since Jan 2009
9134 posts
Posted on 8/27/19 at 7:07 pm to
quote:

I’m not saying people shouldn’t acquire trades. It’s a path to earn a good living. My point is everyone thinks everyone else should go blue collar. Not their kids. Why is that?


It’s not all about money and social perception either. My grandfather worked in a factory and can barely hear today. My uncle is a contractor but he has been sidelined with a bad back.

Also, a lot of trades have come and gone. We will always need doctors and lawyers.

And yeah, maybe some white collar professionals will be replaced by computers. But they will adapt much better than someone who only knows one trade that becomes obsolete.

College degrees give you much more diverse opportunities than learning a trade. That’s important
This post was edited on 8/27/19 at 7:09 pm
Posted by Bass Tiger
Member since Oct 2014
48306 posts
Posted on 8/27/19 at 8:43 pm to
quote:

Millenials have been utterly fricked by the boomers and face real economic issues because of this another major recession right now will just exacerbate the problem. it's going to be real bad


Boomers utterly fricked the millennials how? I guess because the Boomer generation developed video games and snack food you fricks are utterly fricked right? Are you saying we should have sold your Xbox/Play Station and kicked your asses out of the house? Are you saying we shouldn’t have treated you like a buncha of pussies? Should we make sure you’re not in the trust or will?

Who fricked the Boomers over? This BS of trying to blame another generation on your perceived shortcomings is beyond laughable.
Posted by ImaObserver
Member since Aug 2019
2312 posts
Posted on 8/27/19 at 10:24 pm to
"I didn’t say a trade or being blue collar is inherently bad. My point is there are social barriers that are hard to overcome without a degree, like it or not. "

So you are saying that "social barriers" are more important than living a good and fruitful life and contributing to the world around you? Some of us have been highly successful, raised our children to be successful in their own right, served our communities, our schools and churches and never once gave a rats azz about "social barriers". We look at the person for what they are, not their color or level of education, but rather if they are good and honest people and willing to put forth an honest effort toward improving their lives and the world around us. We prefer to work hand in hand as a team instead of trying to climb a ladder wherein, if you get too close to the guy ahead of you, you have your nose up their azz.
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