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re: CNN - What broke the American Dream for millennials.

Posted on 1/19/24 at 5:45 pm to
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
35858 posts
Posted on 1/19/24 at 5:45 pm to
quote:

The culprits behind the bad vibes are obvious: high prices, an impenetrable housing market, persistent inequality, rising debt.


lol. They just can’t help themselves.
Posted by LRB1967
Tennessee
Member since Dec 2020
22950 posts
Posted on 1/19/24 at 6:04 pm to
There was a time when young people worked their way through college.
Posted by Emteein
Baton Rouge
Member since Jun 2011
3992 posts
Posted on 1/19/24 at 6:08 pm to
quote:

. “At 18, you’re signing up to be $100,000 in debt before you even really know how to make the best decisions for yourself. I think we need to change that narrative.”


Where are these people going to college? I went 6.5 years for a four year degree and walked off campus with only $27,000 in student loan debt. I also worked nearly full time while in school. Maybe that’s the difference. These people aren’t working while In school.
Posted by FireawayLSU
Baton Rouge
Member since Nov 2023
1744 posts
Posted on 1/19/24 at 6:08 pm to
GUARANTEED they voted for Biden and now they are seeing that voting has consequences. And the husband is a penny pincher. Probably only power he has in his life. Wife will bounce soon.
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
40321 posts
Posted on 1/19/24 at 6:13 pm to
Well when did you go to school?
Posted by Emteein
Baton Rouge
Member since Jun 2011
3992 posts
Posted on 1/19/24 at 6:16 pm to
quote:

Well when did you go to school

2000-2006
Posted by OweO
Plaquemine, La
Member since Sep 2009
120267 posts
Posted on 1/19/24 at 6:21 pm to
quote:

Guess they know as much about real estate and finance as they do about football.




You actually took home buying advice from this board?
Posted by GoldenGuy
Member since Oct 2015
12748 posts
Posted on 1/19/24 at 6:25 pm to
quote:

I don’t trust Kylie. Average McDonald’s worker makes $13.27/hr and the average cost of Big Mac is $5.58.


Lol. Our starting salary for McD’s workers is $16/hr. And they’re only hiring Spanish-only, Black Single Mothers with Kids, or a Criminal Meth-Addicts
Posted by Crow Pie
Neuro ICU - Tulane Med Center
Member since Feb 2010
27171 posts
Posted on 1/19/24 at 6:32 pm to
quote:

Do everything you can do to avoid any kind of debt.
The only debt you should have is the monthly balance on your credit card for bulk ammo for when they come for your fully paid for home armory!
Posted by Hangit
The Green Swamp
Member since Aug 2014
45465 posts
Posted on 1/19/24 at 6:46 pm to
My recent college experience is with my child. FL Bright futures covered tuition at UF. Her schollies covered dorm/apt. We gave her $75/wk. for food. She graduated with no debt, a job where she did an internship, and is working under her fourth pay raise.

My wife is getting a second degree. Her job pays for all tuition and books. She will have zero student debt. I paid for her to finish her 1st degree.
Posted by Jerryb69
Member since Jul 2023
25 posts
Posted on 1/19/24 at 6:46 pm to
quote:

Doctors and lawyers will be saying “yes sir” to plumbers before long


lol wut
Posted by Pax Regis
Alabama
Member since Sep 2007
14893 posts
Posted on 1/19/24 at 6:51 pm to
That’s a lot of words to say inflation is killing the American Dream.
Posted by sumtimeitbeslikedat
Vidalia, La
Member since Nov 2013
4950 posts
Posted on 1/19/24 at 6:55 pm to
quote:

What broke the American Dream for millennials.


Easy answer: Democrats
Posted by gizmothepug
Louisiana
Member since Apr 2015
8520 posts
Posted on 1/19/24 at 7:24 pm to
quote:

CNN


Paying any attention to the 24 hour news networks probably didn’t help. Mama and daddy weren’t there to slap you on the arse, so instead of trusting your gut you listened to people on anonymous message boards.
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