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Started By
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re: I reject the idea that young adults/millennials “have it harder” than boomers at that age
Posted on 3/30/19 at 2:57 pm to Taxing Authority
Posted on 3/30/19 at 2:57 pm to Taxing Authority
Getting a loan was harder, but saving money was far easier.
Posted on 3/30/19 at 2:59 pm to AbuTheMonkey
quote:Yes they are. The “American Dream” is success. Not mediocrity. You’re ungrateful.
You're twisting the argument.
No one said that being average entitles one to success.
quote:It they want to follow the same method as their predecessors they will fail. It was no different than the boomers. If you were a banbay boomer and wanted to earn a high-standard iof living the same way their parents did-by being a farmer or textile worker, etc they would have been screwed.
can understand the macroeconomic conditions and policies that have made it so and pull certain levers to adjust those conditions, or we can call them snowflakes and the "trophy generation" and watch as radical zealots and demagogues like Ocasio-Cortez keep getting elected to office because they are tapping into a legitimate beef that a large chunk of the voting population has with the system.
Millenials (sorry stereotyping here) want to follow the same path as their predecessors. That’s obsolete. It’s not going to work. It’s foolish to expect it will.
This post was edited on 3/30/19 at 3:03 pm
Posted on 3/30/19 at 3:02 pm to Taxing Authority
What’s more expensive: a $100,000 loan on a 12% interest rate over a fifteen year payback period or a $250,000 loan on a 4% interest rate over a fifteen year payback period?
You’re ignoring the factual data on this. Housing, healthcare, and education are way more expensive than they used to be in real terms. While gains have been made elsewhere, it isn’t even remotely close enough to close the gap.
You’re ignoring the factual data on this. Housing, healthcare, and education are way more expensive than they used to be in real terms. While gains have been made elsewhere, it isn’t even remotely close enough to close the gap.
This post was edited on 3/30/19 at 3:04 pm
Posted on 3/30/19 at 3:03 pm to Taxing Authority
quote:
quote:
You're twisting the argument.
No one said that being average entitles one to success.
Yes they are. The “American Dream” is success. Not mediocrity. You’re ungrateful.
bullshite, home slice. I’ve done well and am not complaining on my behalf. You’re using nice little anecdotes and aphorisms to deflect from hard data.
Posted on 3/30/19 at 3:04 pm to kingbob
quote:
If I move, I’ll be living in my car until I find a job.
Posted on 3/30/19 at 3:06 pm to texridder
quote:Im not sure why you think a generic degree that screams “couldn’t get into medical school” is much better than a history degree. (No offense)
The job market is worse now too. One of my partner's sons has a BS in biology and applied for a contract (full time, but for a limited duration) basic lab research job posted by local company which was for 3 job openings. They got 125 applications and 25 of the applicants had masters degrees.
This wasn't history major looking for a job.
Posted on 3/30/19 at 3:07 pm to kingbob
quote:10-15 years if he runs his own business and hires good people. I’ve seen immigrants do it.
Well, obviously he should learn to hang drywall, and he’ll be a millionaire overnight!
This post was edited on 3/30/19 at 3:08 pm
Posted on 3/30/19 at 3:07 pm to SoulGlo
Could not have said it better.
Posted on 3/30/19 at 3:08 pm to HailHailtoMichigan!
Comparing victimhood statuses is for losers. It doesn’t matter how bad (or good) someone from a different generation had it. And it doesn’t matter how bad you think you have it. Just do the best with what you have and stfu. No one cares about your struggle.
Posted on 3/30/19 at 3:09 pm to Themole
quote:
If you are revealing this on your application, they would be foolish to hire you, knowing you are waiting on the results of your bar exams
Posted on 3/30/19 at 3:13 pm to kingbob
quote:Sorta. But capital to start your own gig was Impossible to find. Like I said.. the opportunities have changed, not disappeared.
Getting a loan was harder, but saving money was far easier.
Posted on 3/30/19 at 3:15 pm to AbuTheMonkey
quote:Both are more expesive than renting. bTW the second is cheaper because you can build equity faster if you pay above minimum. It’s all about buying what you can afford, not what the bank will approve for you.
What’s more expensive: a $100,000 loan on a 12% interest rate over a fifteen year payback period or a $250,000 loan on a 4% interest rate over a fifteen year payback period?
This post was edited on 3/30/19 at 3:16 pm
Posted on 3/30/19 at 3:15 pm to Taxing Authority
So what should I do in the mean time just sit on my hands while I wait on my results which only license me in one state? Should I just contend myself with a part time job and working odd construction jobs and musician gigs and just hope that law firms start hiring? I already know the legal market in this state is shite and it would be October at the earliest before I could be licensed in any other state (you can only take one bar exam at a time, though some states offer reciprocity with some other states).
This post was edited on 3/30/19 at 3:17 pm
Posted on 3/30/19 at 3:15 pm to Bestbank Tiger
There is probably a ton of money that can be granted to reduce those costs, especially based on family income.
Posted on 3/30/19 at 3:18 pm to Taxing Authority
quote:
Im not sure why you think a generic degree that screams “couldn’t get into medical school” is much better than a history degree. (No offense)
Your ignorance is astounding lmao. A BS in biology is the most common degree in medical school and you think it “screams couldn’t get into med school”. Around 50% of med students don’t get in their first try (for you this must mean every degree screams couldnt get into med school)
Or you think a degree in biology isn’t more relevent to researching biology than a history degree... until millineals era, a BS in bio was plenty for a research job.
Posted on 3/30/19 at 3:19 pm to AbuTheMonkey
quote:Fair point. I don’t know your level of gratitude. So ok, we’ll call it excuse making for others. Not much better.
bullshite, home slice. I’ve done well and am not complaining on my behalf.
quote:
You’re using nice little anecdotes and aphorisms to deflect from hard data.
This post was edited on 3/30/19 at 3:33 pm
Posted on 3/30/19 at 3:20 pm to kingbob
I don’t disclose it when applying for Construction jobs, but I do include going to law school since otherwise it would look like I had a weird gap in employment.
So I guess I’m just screwed in the short term, huh? Besides, wouldn’t that not matter for out of state jobs seeing as I’d have to wait 6 months after taking another bar exam just to be licensed to practice there?
I understand your side of it, but they are most likely looking for permanence from their perspective.
So I guess I’m just screwed in the short term, huh? Besides, wouldn’t that not matter for out of state jobs seeing as I’d have to wait 6 months after taking another bar exam just to be licensed to practice there?
I understand your side of it, but they are most likely looking for permanence from their perspective.
This post was edited on 3/30/19 at 3:52 pm
Posted on 3/30/19 at 3:23 pm to Themole
But if I’m not able to practice law in their state, and I’m applying to work 1000 miles from home, doesn’t that show I’m looking for permanence as well? No idiot would move across the country to work a job for a month or two.
Posted on 3/30/19 at 3:25 pm to Taxing Authority
quote:
Both are more expesive than renting. bTW the second is cheaper because you can build equity faster if you pay above minimum. It’s all about buying what you can afford, not what the bank will approve for you.
A loan with a lifetime payoff of $216K is more expensive than a loan lifetime payoff of $330K? Must be some new math I am not familiar with.
That's the choice Millennials face: per square real estate has rocketed up in real terms. The difference in interest rates isn't going to make up that difference.
That increase is also reflected in rent.
Look, man, I'm not saying there's not opportunity for Millennials. Enough skill and drive and a little luck, and I still think people can make it happen. I would bet you and I have at least somewhat similar approaches to how we might want to solve these problems.
But to ignore that Millennials, on aggregate, have had a shittier hand dealt to them than their parents is to ignore every piece of hard data - economic, QoL, you name it - out there that suggests that to be the truth.
This post was edited on 3/30/19 at 3:31 pm
Posted on 3/30/19 at 3:28 pm to Pecker
quote:Exactly. Trying to apply yesterday’s recipe for “success” against today’s opportunities will only frustrate.
Just do the best with what you have and stfu. No one cares about your struggle.
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