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Recent college grads - is this experience the norm?
Posted on 2/10/20 at 10:11 am
Posted on 2/10/20 at 10:11 am
Or maybe even not so recent graduates that have relocated recently.
I have a cousin that graduated this past December. He just finished an internship a few weeks ago, and the place he was interning at offered him a permanent position at their office in a different state. The internship was paid, but not much. Think it was around $15 per hour. Not really enough to save much, and it was only a 4 month internship anyway.
So he went to the city his job will be located to find a place to live and get it all set up. After all the deposits required, a couple of pieces of furniture, moving expenses, apartment amenities, etc., it's going to cost him around $3,000. He's fortunate his parents can help him out with some of those expenses, and he certainly could do without some furniture right now, but that just seemed crazy to me. What do graduates do that don't have parents to rely on for help? His parents also had to sign the lease with him because he has no credit history. Just wondering if some of these issues are potential barriers to folks re-locating for better opportunities.
I have a cousin that graduated this past December. He just finished an internship a few weeks ago, and the place he was interning at offered him a permanent position at their office in a different state. The internship was paid, but not much. Think it was around $15 per hour. Not really enough to save much, and it was only a 4 month internship anyway.
So he went to the city his job will be located to find a place to live and get it all set up. After all the deposits required, a couple of pieces of furniture, moving expenses, apartment amenities, etc., it's going to cost him around $3,000. He's fortunate his parents can help him out with some of those expenses, and he certainly could do without some furniture right now, but that just seemed crazy to me. What do graduates do that don't have parents to rely on for help? His parents also had to sign the lease with him because he has no credit history. Just wondering if some of these issues are potential barriers to folks re-locating for better opportunities.
38
Posted on 2/10/20 at 10:13 am to The Spleen
Is he bitching about having a “paid internship”?!
Welcome to the adult world, kid.
Welcome to the adult world, kid.
Posted on 2/10/20 at 10:13 am to The Spleen
His company didn’t pay his moving expenses?
Posted on 2/10/20 at 10:13 am to The Spleen
quote:
What do graduates do that don't have parents to rely on for help?
Negotiate relocation expenses as part of the job offer.
Get a different job.
Put it on a credit card
Posted on 2/10/20 at 10:14 am to The Spleen
quote:pay for everything with the relocation / signing bonus
What do graduates do that don't have parents to rely on for help?
Posted on 2/10/20 at 10:15 am to The Spleen
Are you questioning whether it's common to have expenses related to a move?
Some folks are able to negotiate moving assistance with the hiring company. As far as needing a lease co-signor, there are alternatives. Roommates, non-traditional living arrangements (e.g. FRBO, sub-leasing, etc.)
Some folks are able to negotiate moving assistance with the hiring company. As far as needing a lease co-signor, there are alternatives. Roommates, non-traditional living arrangements (e.g. FRBO, sub-leasing, etc.)
Posted on 2/10/20 at 10:16 am to The Spleen
quote:
So he went to the city his job will be located to find a place to live and get it all set up. After all the deposits required, a couple of pieces of furniture, moving expenses, apartment amenities, etc., it's going to cost him around $3,000.
quote:
but that just seemed crazy to me.
Same, it only cost him 3k to move to a new city, pay rent, get utilities set up, and buy new furniture?
This post was edited on 2/10/20 at 10:17 am
Posted on 2/10/20 at 10:16 am to The Spleen
is it not commonplace for new graduates to sleep on a mattress and have lawn furniture anymore?
most of my furniture from my first apartment were either from garage sale or hand-me-downs
most of my furniture from my first apartment were either from garage sale or hand-me-downs
Posted on 2/10/20 at 10:17 am to Salmon
quote:
most of my furniture from my first apartment were either from garage sale or hand-me-downs
I still have some hand me downs in my house now
They're really nice hand me downs, but still. 
Posted on 2/10/20 at 10:17 am to The Spleen
When I graduated I moved to a different city and brought a cot and a lamp. Got me by fine for two weeks before my first paycheck. Most of my calories were from beer.
Posted on 2/10/20 at 10:17 am to The Spleen
I know when I graduated and was asked to move; the company paid any moving expenses. That wouldn't cover deposit or furniture though.
Posted on 2/10/20 at 10:18 am to The Spleen
Yup. The norm for sure. About 4 weeks after I paid 2-3k to move to NM for a job, my dream job I interviewed in FL for called and said they had a position for me. I couldn’t afford to move across the country again.
Fortunately for my recent move. i have been working for 7 months and saved up enough to fund a move
Fortunately for my recent move. i have been working for 7 months and saved up enough to fund a move
Posted on 2/10/20 at 10:18 am to Pelican fan99
quote:
His company didn’t pay his moving expenses?
He got a $1,000 signing bonus, and I think they're reimbursing some of them expenses, but not all. On his apartment he had to pay security deposit and first month's rent, which is most of that $3000 figure. He said the apartment he rented isn't all that nice or new, and it was on the lower end of what he looked at. One bedroom for $1350 per month. This is in Chicago.
And no, he wasn't bitching about it at all. He assumed it was all normal, and I guess it is. I re-located after college, and didn't pay much at all. But this was over 20 years ago.
Posted on 2/10/20 at 10:19 am to The Spleen
Do without some furniture
Posted on 2/10/20 at 10:21 am to The Spleen
I got a 4K relocation package with my first job. I just brought the shitty furniture I had.
Posted on 2/10/20 at 10:21 am to Salmon
quote:
most of my furniture from my first apartment were either from garage sale or hand-me-downs
Pretty much everything I had in my first post-grad apartment was second hand.
Posted on 2/10/20 at 10:21 am to The Spleen
quote:
What do graduates do that don't have parents to rely on for help?
In my case, I lived like I was in college for the first few years of the real world.
Posted on 2/10/20 at 10:21 am to Pelican fan99
quote:
His company didn’t pay his moving expenses?
For an entry level job? I honestly have never heard of an entry level job coming with a relocation expense.
Posted on 2/10/20 at 10:22 am to The Spleen
This kid sounds very soy
Posted on 2/10/20 at 10:22 am to RougeDawg
quote:
When I graduated I moved to a different city and brought a cot and a lamp. Got me by fine for two weeks before my first paycheck. Most of my calories were from beer.
This. My mattress was on the floor for at least a month.
I sold my car to pay first and last month rent, security deposit and moving fees. Cost about $8k total, and that was 10 years ago.
Granted I lived in a city where you dont need a car.
This post was edited on 2/10/20 at 10:24 am
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