101–110 of 535 posts
How about colleges and universities stop price gauging the population? Or, eliminate student loans, so the population will not be able to afford their ridiculous rates and force the cost down.
This will do nothing more than favor the rich and further suppress the poor.
Part of the problem is that the last few generations have been told the same thing: blue collar jobs aren't "good" jobs. You need to go to college so you can get a "good" job sitting at a desk because those other jobs are below you. If you take one of those blue collar jobs then you've failed and aren't "achieving your potential". The grand irony in all of this is that the people who did go on to become plumbers, ele…
They aren't good jobs. The average salary for plumbers is around $50-55k or so, right around the median for the US. Ok, but certainly not good. For roofers and mechanics, you're significantly below the median around $35k, basically in poverty especially if you have a family. I don't think encouraging people away from education is the problem when salaries are this low (poverty levels).
Earlier quoted context omitted.
I think the idea of offering loans only for 'vocational' degrees is extremely damaging. It leads to people taking 'Software Engineering' degrees rather than computer science or maths or physics when really these less directed degrees generally allow people to explore what they are really most passionate about. The idea of a university is not a place where one goes to get a piece of paper that certifies one as compete…
I can see how you thought I was advocating loans for only vocational degrees. Something like Computer Science I think would be fine as a job path is very clear and well paid. I can't speak for Maths of Physics because I don't know much about jobs paths from those. I was more talking about degrees that have no clear job path and which could don't need to be studied at an institution where you are largely paying for th…
You can get an excellent education at a state school for less than $6k per year.
The person who gets a degree in music theory, philosophy, or art history may not get a job that ties in to their major, but these people all leave college with skills in critical thinking, writing, the ability to meet deadlines, skills in communicating complex ideas to others, public speaking, etc. Most importantly, they leave with proof that they know how to learn and improve themselves. There are jobs for people with these skills, and they will likely be far more rewarding than gutting chickens on the line all day or waiting tables at the Cheesecake Factory.
Part of the problem is that the last few generations have been told the same thing: blue collar jobs aren't "good" jobs. You need to go to college so you can get a "good" job sitting at a desk because those other jobs are below you. If you take one of those blue collar jobs then you've failed and aren't "achieving your potential". The grand irony in all of this is that the people who did go on to become plumbers, ele…
They aren't good jobs. The average salary for plumbers is around $50-55k or so, right around the median for the US. Ok, but certainly not good. For roofers and mechanics, you're significantly below the median around $35k, basically in poverty especially if you have a family. I don't think encouraging people away from education is the problem when salaries are this low (poverty levels).
plumbers, electricians, and plenty of other blue collar vocations do pretty well imo.
Earlier quoted context omitted.
> well-traveled At least colloquially, this term signifies one has been to other countries (or better, other continents) and visited other cultures, immersed in other languages, other governments, other ways of eating, etc. One who stays within a country would not (in my opinion) be "well-traveled", despite the country being enormous. My 2cents.
I believe that definition has a bit of an elitist attitude about it. I don't know you, so I can't say it is your definition, but I have seen it before. I believe it is a totally unfair definition for most people. I define well-traveled as someone who has traveled a significant distance based on their circumstances in life. By your definition a large portion of the people living in the EU are well-traveled just living…
Part of the problem is that the last few generations have been told the same thing: blue collar jobs aren't "good" jobs. You need to go to college so you can get a "good" job sitting at a desk because those other jobs are below you. If you take one of those blue collar jobs then you've failed and aren't "achieving your potential". The grand irony in all of this is that the people who did go on to become plumbers, ele…
...You might get a different picture of things if you hang out in some of the skill trades reddits:
https://www.reddit.com/r/SkilledTradesNetwork/wiki/community...
...fer instance: "Here's what 10$ an hour looks like! Had to put in my 2 weeks."
https://www.reddit.com/r/Welding/comments/52byky/heres_what_...
Earlier quoted context omitted.
I think the idea of offering loans only for 'vocational' degrees is extremely damaging. It leads to people taking 'Software Engineering' degrees rather than computer science or maths or physics when really these less directed degrees generally allow people to explore what they are really most passionate about. The idea of a university is not a place where one goes to get a piece of paper that certifies one as compete…
> university is a place where people should go to learn about things that interest them and inspire them in the company of other like-minded people whilst simultaneously growing as an individual As long as we continue to believe this, nothing will change. Universities indoctrinate, lets not be naive. Most schools have little interest in widening the perspectives of students. They are on a mission to unify perspective…
1. Doctor & Finance couple with combined income $400,000+/year 2. Pharmacist & Finance couple with combined income $200,000+/year 3. Science Research & Quant(finance) couple with combined income $300,000+/year
Interestingly - all have finance or medical field/science exposure..
The rest are renting forever paying of debt with no plans to buy soon (we are in hot real estate area).
I dont see who will support real estate prices going forward.
It is because of increased Medicaid costs and also because boomers aren't financing the proportion of state higher education that their parents did that many of today's young have higher student debt than it the past.
Doctors don't haven't to incur debt in medical school if they spend four years in the military as doctors.
Earlier quoted context omitted.
Paying off your debt early also builds really good financial habits which will help in the future. You learn to live below your means, make a budget, etc
If they're Federal loans with a often below-inflation interest rate, the actual good financial habit is often to not pay it off, and instead amass a) an emergency fund and b) sock the rest into retirement via an index fund or something similar.