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Message
re: Quiet Quitting? Well that a new term.
Posted on 8/21/22 at 10:23 am to SlowFlowPro
Posted on 8/21/22 at 10:23 am to SlowFlowPro
quote:
Were you able to send your kids to public schools?
Did you mean private?
Posted on 8/21/22 at 10:24 am to JudgeHolden
quote:
Did you mean private?
No, as this is an LA-based forum, it's a crapshoot if you were able to send your kids to quality public schools. It was an honest question.
Posted on 8/21/22 at 10:25 am to JudgeHolden
quote:Yes.
Are you seriously going to tell me that I had a half million advantage over millennials?
Housing prices relative to income
College tuition costs
Wage growth/advancement
Maybe not $500k, but hundreds of thousands of dollars in advantages.
Posted on 8/21/22 at 10:25 am to Scruffy
quote:
The idea that “everyone should go to college” started with the boomers and their kids.
Yeah I get that, but this whole "blame the government" response is literally blaming boomers
Millennials have no power and are just getting to the age where they can start getting positions of power. I'm an old millennial and I'm not even 40. Don't see many Congressmen/Senators/CEOs under 40
Posted on 8/21/22 at 10:26 am to Scruffy
quote:
The Average Undergraduate Student Debt: $37,121
I'll pour one out for the zoomies. That just seems so unfair.
This post was edited on 8/21/22 at 10:28 am
Posted on 8/21/22 at 10:26 am to SlowFlowPro
quote:
No, as this is an LA-based forum, it's a crapshoot if you were able to send your kids to quality public schools. It was an honest question.
Oh. I see your point.
And no.
I sent them to private school. And we all agree (including them) that was a waste of money.
I went to the absolute rock bottom public schools. I wanted better for them. I don’t think it was.
Posted on 8/21/22 at 10:27 am to sawtooth
quote:
Why are you upset with the Boomers for rising college costs? At what point do you direct your anger at the government and the colleges? You can’t drive through LSU without seeing some type of new construction. How much did that lazy river cost? We didn’t even have a student recreational center when I was there but somehow we managed to get a degree.
More of the under 30 crowd voted for Biden than Trump. Do you really think he is going to improve the situation?
What the frick do you keep driveling on about?
Are you that obtuse you can't recognize that economically on average the boomers had more bang for their buck regarding college and housing versus the average millennial.
This thread isn't about anecdotes.
Posted on 8/21/22 at 10:29 am to Scruffy
quote:
You aren’t $300k in debt, but $100k is still terrible at the start of your career.
It really depends on the career.
Posted on 8/21/22 at 10:31 am to MrSpock
Clearly the boomers were much more successful at succeeding. I get it. You’re jealous.
I was in school in 91. Tuition and books at LSU was around $1,000 per semester.
Something changed after the turn of the century. The boomers ran the schools when I was there and it was cheap. Try again.
I was in school in 91. Tuition and books at LSU was around $1,000 per semester.
Something changed after the turn of the century. The boomers ran the schools when I was there and it was cheap. Try again.
Posted on 8/21/22 at 10:33 am to sawtooth
quote:
Clearly the boomers were much more successful at succeeding. I get it. You’re jealous.
I was in school in 91. Tuition and books at LSU was around $1,000 per semester.
Something changed after the turn of the century. The boomers ran the schools when I was there and it was cheap. Try again.
Jealous of what? I make more than you and am worth more than you.
Posted on 8/21/22 at 10:35 am to sawtooth
quote:Tuition and books at LSU are now over $6k a semester.
Tuition and books at LSU was around $1,000 per semester.
Add another $4k for dorm charges, or closer to $6k for rent off campus.
quote:Are you saying it isn’t the boomers running these places and it is actually you Gen X folks causing prices to skyrocket?
Something changed after the turn of the century. The boomers ran the schools when I was there and it was cheap.
This post was edited on 8/21/22 at 10:36 am
Posted on 8/21/22 at 10:35 am to sawtooth
quote:
was in school in 91. Tuition and books at LSU was around $1,000 per semester.
Something changed after the turn of the century. The boomers ran the schools when I was there
Even the earliest boomers were in their mid 40s during the early 1990s. They were not running universities or banking institutions.
Posted on 8/21/22 at 10:35 am to JudgeHolden
quote:
I went to the absolute rock bottom public schools. I wanted better for them. I don’t think it was.
Yeah I was able to go to very good public schools (in South Lake Charles). My sister and I would have gotten scholarships to private schools if necessary, but my brother would have been screwed if he had to go to LCB or Lagrange.
Not everyone in LA has the option of public schools. Today it's worse than ever and this is another COL increase. "Good" areas are getting hyper-expensive and are a major driver of the insane housing price growth we've seen. This is a direct stressor on millennials, because they don't want to live in a shitty area (Esp if they want to have kids).
Posted on 8/21/22 at 10:37 am to Rouge
quote:Yea, that was the greatest generation in those positions.
Even the earliest boomers were in their mid 40s during the early 1990s. They were not running universities or banking institutions.
The boomers weren’t in those positions yet.
This post was edited on 8/21/22 at 10:38 am
Posted on 8/21/22 at 10:39 am to Scruffy
quote:
Are you saying it isn’t the boomers running these places and it is actually you Gen X folks causing prices to skyrocket?
No. No one can say that. It’s not that simple. The government made cheap money available based on middle class demand. Schools responded by raising tuition. State governments responded by cutting support to state schools, prompting more tuition inflation. And many schools, run by Boomers no doubt, took advantage.
By the way, what was the interest rate on your loans? I think mine was 12.5.
Posted on 8/21/22 at 10:39 am to SlowFlowPro
quote:
I went to the absolute rock bottom public schools. I wanted better for them. I don’t think it was.
You wreak of a guy that's just pissed about everything and everything sucks.
What a miserable way to go through life
Posted on 8/21/22 at 10:40 am to Mingo Was His NameO
quote:
You wreak of a guy that's just pissed about everything and everything sucks.
I’m joyful every day. And I LOVE my job.
Swing and a miss, baw.
This post was edited on 8/21/22 at 10:40 am
Posted on 8/21/22 at 10:43 am to sawtooth
quote:
Something changed after the turn of the century. The boomers ran the schools when I was there and it was cheap. Try again.
Just came in here to thank you for using the term ‘turn of the century’ to describe the year 2000…. Seriously, not even being facetious- every time someone uses that phrase, im reminded how unbelievably fast time is ticking, and that we are already almost a quarter century removed from Y2K , and so i better get to it - whatever ‘it’ is that i want to do b/c time is speeding up every day .
Posted on 8/21/22 at 10:43 am to JudgeHolden
quote:I know exactly how it happened.
No. No one can say that. It’s not that simple. The government made cheap money available based on middle class demand. Schools responded by raising tuition. State governments responded by cutting support to state schools, prompting more tuition inflation. And many schools, run by Boomers no doubt, took advantage.
quote:You keep posting these numbers as if they really mean anything in relation to the situation.
By the way, what was the interest rate on your loans? I think mine was 12.5.
Much like the 18% APR you posted about for housing, I would gladly take a higher interest rate with a lower total.
18% if the housing market was about 1/3 the cost of what it is now? Hell yea! Sign me up.
Considering the total loans you probably took out was about 1/3 of my total medical school loans (although probably less, and I was not permitted to work while in school), I would trade that lower interest rate for your higher one and lower total.
Remember wages have largely remained the same while expenses increased.
This post was edited on 8/21/22 at 10:45 am
Posted on 8/21/22 at 10:45 am to JudgeHolden
It seems like a lot of student loans could be avoided by joining the National Guard. The boomers took full advantage of the GI Bill to pay for college. Kids whose parents never sniffed college suddenly made it through and wanted their kids to do the same. Hence the increase in people pursue four year degrees
In the 80’s I knew a hell of a lot of people who were in the NG during college to pay tuition, board etc.
Not everybody is going to join; but there is a viable path to get a solid degree without running up any debt. One that the Boomers did by the millions. The tuition inflation doesn’t seem to impact what the military will pay
In the 80’s I knew a hell of a lot of people who were in the NG during college to pay tuition, board etc.
Not everybody is going to join; but there is a viable path to get a solid degree without running up any debt. One that the Boomers did by the millions. The tuition inflation doesn’t seem to impact what the military will pay
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