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L.W. Paradis
The Hill
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Comments by "L.W. Paradis" (@l.w.paradis2108) on "Krystal and Saagar: Majority Of Young Adults Living At Home As Economy Utterly FAILS Them" video.
In my family, two generations already did less well than the previous ones. This is new for some. It's been the norm for many.
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The most a young person can count on making by working full time over the summer is about $5000. That should be the top in-state tuition for undergrads.
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@nicholashildenbrand8632 LOL, that was good. That guy is so successful he spends vast amounts of time jeering at other people. ;)
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The MOST common major BY FAR is Business, and has been for decades. The next most common majors are all health care-related. A tiny, tiny fraction of a percent of students major in Gender Studies, and if they can also do photography and graphic design, and set up a web page, they have a future in fashion and marketing, much better than any Business major would.
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@Viewable11 Er, unless you get an MPA and a law degree afterwards, or an MSW, or an MFA and publish your stories. Depends on your minor, too, and how much math you take. You are too rigid. Only about 1/3 to 1/2 of one percent of all students major in Gender Studies. They sure get tons of attention, though. Hm.
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@BreezyYN Perfect reply. Thanks for that.
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@gnomechomsky2524 Because he is math challenged.
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@greatdude7279 Boomers went to college to avoid the draft, and had kids young for the same reason. A married PhD student with a toddler did not usually end up in Viet Nam. How soon we forget.
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Why are Business degrees considered "practical?" Apart from advanced economics and finance, and the partial differential equations to go with them, or sufficient accounting to qualify for the CPA exam, most of that stuff is fluff. It's learning business speak -- IOW, how to write badly. A history major is a better writer.
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Truly sorry.
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@cairn_projections So sorry! This is an unprecedented time. Very hard to keep focus and above all, pull together. I don't know if you are like this, but I sense magical thinking in myself. I cannot quite believe things are as bad as they are, and expect the pandemic to be over and life to return to normal. I think I listen to shows like this to bring me back to reality. That was a great thing to do. You won't regret it over the long haul.
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@DIVISIONINCISION What fails to work for most people is a policy failure. Example: if fewer than 10% have enough saved to finance a secure retirement by themselves, then saving for one's own retirement by definition does not work as a policy. Policies are supposed to work for the vast majority who met their basic obligations, as proposed by those policies. When you do A, B, and C, you are supposed to achieve D. Not A, B, and C, plus a lot of luck.
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Remember it is only a small percentage who got rich, and most of those were born between 1946 to 1952. By the late 1950s, the best opportunities were over, with a slight bump for people born during the 1970s "birth dearth." The PROBLEM is treating human beings like another object in The Market, with "value" determined by supply and demand.
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Michael Neal If you cannot get a job, then offer to risk killing and dying in a war that makes no sense to you. Got it. Thanks for putting out there so candidly. We need more truth tellers like you.
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@DIVISIONINCISION Doctors and lawyers were being forced out of their professions for decades now. So few people still want to risk going into these fields that admissions standards have been lowered. Get a clue.
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@The 6th mass extinction is long overdue No blame. :/
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@DIVISIONINCISION WHAT!?? You mean, they are not working for their boss to pay their landlord, with the rest going to student debt?? Say it ain't so!
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@TheDrewSaga I actually know a lawyer who lived with his parents until he was 40, then got married and had a new mansion built, in a relatively less expensive area. Retired at 55. (Italian immigrants, in case you were wondering. Relatively normal for his culture.)
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Being super smart with money is essential now. There isn't some other option.
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@Nimbereth They do. They major in "Business." Maybe they can manage at Staples? Nah, computer science majors will squeeze them out!
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@ln5425 Nonsense. Accelerating wealth concentration was deliberately engineered, and is relatively new. Is Goldman Sachs a pediatric neurosurgery group? No? Well then, they must be aeronautical engineers. Hm, not that, either. Wait, I know! Nobel Prize-winning chemists and physicists! What?? I struck out??? Then explain how they got this rich.
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Obvious there would be no more stimulus because DNC doesn't want to do anything that might possibly benefit Trump.
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Michael Neal That's why I said risk. The recruiter who suggests you are not running that risk -- if such a recruiter exists -- is lying. Most of my newest friends are veterans, interestingly enough. Great people, the best. Anti-war to a man.
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This, too. Thank you.
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A day, for the frugal ones.
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@ticler Because it's incorrect? Um . . . No, actually. It's true.
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Yeah, you could pay the rent with that.
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Someone I know who served in the military, and reenlisted several times, then went to a top university, debt-free, is temporarily living with family. He will be buying a house, but he can't right now. All COVID related. He is very prudent, he won't do anything until he sees a clear path. He has been in heavy combat and knows what he is doing. He is quite concerned about what he sees. Don't even try to tell me HE did anything wrong.
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@Nimbereth Then what are you doing trash talking all over these boards? Go talk to your spouse.
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The reason in-state tuition in the public universities is so high is that state taxes no longer support them. In 1975, a kid working all summer for $2.50 an hour easily earned his annual tuition and books. Another $800 a month covered all living expenses. Part-time jobs, parental help, roommates, and small loans covered it, no problem. Kids with apartments cooked bean soup rather than order out. Tax support of universities encouraged self-reliance, not the opposite, because kids could make enough TO PAY THEIR WAY. Think of the difference in self-esteem, between working your way through college, and returning from school to live at home with major debt.
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@DIVISIONINCISION Yuck. Younger people are vegetarian, if not completely then on most days. You could not pay me to eat steak.
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The only real rags-to-riches story I know for fact was a fine art major who went into writing, producing, and directing commercials.
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@Nimbereth The most common major is Business, and has been for more than a generation. Around 22 to 25% of all degrees are Business. About 1/2 of one percent of degrees are in Gender Studies. If those peopke know photography, they go into fashion. If they get an MSW, they can become counselors. They can also go to law school.
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@dripshameless5605 Because indebted gig workers count as employed.
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@DIVISIONINCISION Quit lying to people. How do you think a previous generation survived WWII? With that idiot ideology of every man for himself? These aren't normal times, and we are all wrapped up in pretending they are. We are still whistling in the dark.
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Suppose community college and the first two years of university were tuition-free. Then the students who really do well can prove they have earned scholarships for the rest of their schooling. Plus you judge adults by adult standards, and not high school kids, who are minors. Draw some real lines between adolescence and adulthood.
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