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re: There should be little sympathy for college graduates struggling to earn a livable wage
Posted on 9/11/24 at 12:15 pm to Bjorn Cyborg
Posted on 9/11/24 at 12:15 pm to Bjorn Cyborg
quote:No it isn’t
The cost of living narrative is a bit misleading.
The cost of basic goods is higher now compared to wage than ever.
There is absolutely nothing misleading about that. For someone that wants to just live on the necessities it cost more of their salary today then it did before.
This post was edited on 9/11/24 at 12:16 pm
1
Posted on 9/11/24 at 12:15 pm to Dawgfanman
quote:
Middle class doesn’t exist anymore. It’s the haves and have nots. Rural vs urban. Suburbs are where those who still cling to the idea of the “middle class” go to live and complain as it turns into a ghetto.
are you trying to make my point for me?
Posted on 9/11/24 at 12:16 pm to Bjorn Cyborg
quote:
They also have way different standards of living than people did 30 years ago.
Lower class people try to live like middle class, while middle class tries to live like upper class.
I grew up solid middle class. We rarely ate out and would take maybe one cheap vacation per year.
There are poor people eating out every meal.
The cost of living narrative is a bit misleading.
what's misleading is applying anecdotes to entire groups of people
Posted on 9/11/24 at 12:17 pm to Salmon
This entire thread is based on anecdotes.
Posted on 9/11/24 at 12:17 pm to Salmon
Correct. A person in 1995 living just on groceries and basic necessities paid less of their salary then someone in 2024
ITS SO DAMN SIMPLE
ITS SO DAMN SIMPLE
Posted on 9/11/24 at 12:18 pm to Bjorn Cyborg
quote:NO
This entire thread is based on anecdotes.
for gods sake no. There is real fricking measurable data
This post was edited on 9/11/24 at 12:19 pm
Posted on 9/11/24 at 12:18 pm to Bjorn Cyborg
quote:
This entire thread is based on anecdotes.
which is why these threads are always so fricking dumb
there is an objective reality that some people refuse to admit based off anecdotes
its so weird to me
Posted on 9/11/24 at 12:20 pm to Salmon
quote:
are you trying to make my point for me?
Maybe we have the same point?
There is no going back. The days of working at a factory and supporting a “middle class” lifestyle are over. That lifestyle being a decent home, couple of kids, decent car, vacation every year or two.
Now even college grads and professionals are poor. A teacher and a cop, with a couple of kids, in an urban area are poor in terms of their lifestyle. 25 years ago, they were set. Retire early and have money type set.
Posted on 9/11/24 at 12:20 pm to StringedInstruments
quote:
A lot of the faculty members I’ve talked to frequently say, I don’t know what’s going to happen to these students once they enter the working world. We’re not talking about, wow, they didn’t read Moby Dick. We’re talking about these fundamental critical reading and writing skills that students are really struggling to master, and maybe even don’t necessarily see the point of mastering
I went to school from 2019 - 2022 and graduated with a BBA Accountancy. My wife is currently in school.
I took 121 credit hours and I can count on one hand how many professors I had that were worth a shite. Most of them list assignments, reuse previously recorded lectures, and give open book online quizzes.
I learned most of what I needed to learn through google and those professors that actually cared to create a lesson plan and have office hours.
I'm in awe of how little work is done by as well as the ineptitude of the professors my wife currently takes. I mean, absolutely no sort of anything other than grading.
I know a lot of my classmates who cheated, but just anecdotally it's on par with the effort the professors were putting in.
Posted on 9/11/24 at 12:22 pm to Salmon
I will never understand it. I truly never will
Someone in 1995 earns the average salary
Buys a house that is exactly the average cost for a house
Drives a Camry
Never eats out
Has basic cable
Vs
Someone in 2024 earns the average salary
Buys a house that is exactly the average cost for a house
Drives a Camry
Never eats out
Has basic cable
The person in 1995 will be paying less of his salary and will be better off
Objective fact
Someone in 1995 earns the average salary
Buys a house that is exactly the average cost for a house
Drives a Camry
Never eats out
Has basic cable
Vs
Someone in 2024 earns the average salary
Buys a house that is exactly the average cost for a house
Drives a Camry
Never eats out
Has basic cable
The person in 1995 will be paying less of his salary and will be better off
Objective fact
Posted on 9/11/24 at 12:22 pm to Salmon
This thread started out as "college kids are dumb because of social media and they all cheat" and devolved into an economic discussion.
Posted on 9/11/24 at 12:23 pm to lsupride87
quote:
The person in 1995 will be paying less of his salary and will be better off
Objective fact
by a significant margin as well
Posted on 9/11/24 at 12:24 pm to Bjorn Cyborg
its premise is that college kids are dumb so we shouldn't care that they are impacted economically by older generations choices
Posted on 9/11/24 at 12:25 pm to lsupride87
quote:
The person in 1995 will be paying less of his salary and will be better off Objective fact
This was by design. Globalism/free trade. The end of the post world war 2 era, American exceptionalism. The American middle class is something that existed for but a short time in history.
Posted on 9/11/24 at 12:26 pm to lsupride87
But standards of living have increased dramatically as well. So the differences that exist are even greater than they should be, because you throw in a cell phone, 5 streaming packages, eating out all the time, etc.
Your post is correct, but the differences are even greater than the stats would show. That's my point, not that the differences are not there. Perhaps I relayed that poorly.
Your post is correct, but the differences are even greater than the stats would show. That's my point, not that the differences are not there. Perhaps I relayed that poorly.
Posted on 9/11/24 at 12:29 pm to Salmon
quote:
its premise is that college kids are dumb so we shouldn't care that they are impacted economically by older generations choices
Or that they are being impacted by their own choices - to cheat and be addicted to their phones and be socially awkward.
Posted on 9/11/24 at 12:32 pm to Bjorn Cyborg
quote:
This thread started out as "college kids are dumb because of social media and they all cheat" and devolved into an economic discussion.
I'm telling you, as a recent college graduate, that we are struggling. It's not a meme, it's not cause I have a gender studies degree, it's not cause I'm not trying hard enough!
You are advocating that I just sling hamburgers for $15 an hour and I'll just magically find a job that pays above $20/hr. When in reality, 60k a year or $30/hr doesn't even come close to affording anything in today's market.
It's not about a livable wage. It's about lies being sold to generations that you raised. It's about how if I don't get a degree, I have to do a trade. Which by the same, has the same fricking problem right now. Underpaid skilled workers and green card holders taking jobs from the population inside.
Posted on 9/11/24 at 12:42 pm to lsupride87
quote:
Bob in 1995 who made exactly the 50th percentile salary could buy more with his wages than Bob the 50th percentile earner in 2024
I’m not arguing that. I’m just making fun of young people who get picky where they have to live. I’d laugh at Bob in 1995 also if he was like that. What I quoted in my earlier posts are just something I see often said.
Posted on 9/11/24 at 1:14 pm to wackatimesthree
quote:
at least gen z is honest
Well, no. They are cheating. Which is, by definition, dishonest.
Which reminds me of the saying, "honesty may be the best policy but it's important to remember, by elimination, dishonesty is the second-best policy."
-George Carlin
Jokes aside, what I DO know is you can NOT feel sorry for these people taking out student loans wanting them forgiven. You can't go a week without hearing across media about the record amout of student loans or how some degrees have little or no ROI. And here people are STILL TAKING ON THE SAME LOANS FOR THE SAME DEGREES. One would think that a generation that prides itself growing up on the internet would know how to use that information consistently bombarding them on there.
Besides, loan forgiveness is a red herring/political tool. The system in place that makes loans available is what would need changing. Otherwise you'd perpetually stuck forgiving loans.
Posted on 9/11/24 at 1:18 pm to StringedInstruments
Yeah, because you boomers are the most perfect generation ever and created the best economy for young graduates.
TYFYS Boomers.
ETA: People saying "We lived in the Ghetto when we graduated" yeah sure you'd be thrilled to see your kid in modern ghettos.
TYFYS Boomers.
ETA: People saying "We lived in the Ghetto when we graduated" yeah sure you'd be thrilled to see your kid in modern ghettos
.This post was edited on 9/11/24 at 1:21 pm
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