131–140 of 183 posts
I'm finding it hard to reconcile Lesson 2 which implies a school even of the caliber of UC Berkeley isn't worth it with Lesson 4 to get successful friends. A selective college is probably the best place to develop close friendships with people destined to be successful.
Earlier quoted context omitted.
What do you mean by "quite poor?" To my knowledge, if they're poor, they're poor. I don't know anyone who was legitimately poor that did not qualify for financial aid. EDIT (reply to below): Your point about the estranged parent is valid; a wealthy parent refusing to pay is the only case in which a "poor" student does not get much financial aid. Foreign students are not entirely excluded from financial aid, though th…
Er, "no significant savings, income, or other resources to draw upon." The "system" generally tries to support poor people, but there are an awful lot of rules in place to try and make sure people pay their "fair share" and prevent cheating. I think usually those rules have more or less the desired effect, but like any rules, they can be rather blunt instruments, and end up hurting people as well. Some examples: + Fo…
If I lived somewhere like europe I'd be graduated and quite happy by now instead of really bitter.
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I own a house. I can't wait to sell it. For me, the house is one more thing to worry about. On the other hand, my apartment lease gives me no worries. If I was rich, I might like to own a house, but only for the freedom of doing whatever I want with it.
I cannot understand why leasing (or renting) can be considered superior to owning your own place. Sure it does prevent you from just moving on a whim - something i don't think people should be doing anyhow - but the money paid as rent is like throwing it into the sea!
In any case, if you buy a house at age 30, and you get the standard 30 year mortgage, you'll effectively be paying rent to the bank until you're 60 anyway. You would be very fortunate to own a home outright for most of your life. Some people never do.
Our parents reached a fairly good finantial state that we may not be able to attain but I have to ask if blaming them for the current state of affairs is the easy way out. Is it not like blaming immigrants for lack of employment?
This article, like many articles on Hacker News equates the value of education into dollars. Education, intrinsically, cannot be solely measured in dollars. The problem isn't people getting useless degrees, its degrees that don't correspond to high paying jobs in the current economy costing too much. THERE IS NO SHAME IN GETTING A DEGREE IN LITERATURE. Education should be free. I just get a knee jerk reaction to any…
"Your parents and grandparents want what is best for you. But they do not understand your world in the slightest. You should probably ignore them." This is great advice. It was true when I started my career, some ten years ago - I think it's even more true now. The path I chose in life was, and probably still is, incomprehensible to my parents. They have the best intentions, I'm sure, but for the very long time they…
I may not be applying to the easiest jobs to get but I'm finding it incredibly difficult to even get an interview. After graduating from a top 25 undergraduate business program in 2 years and then going on to earn my MA in econ in another 2 all the while playing Division 1 football I thought it might be easier than normal to get a job. Ideally I'd like to be at an audacious startup and even rode my bike 215 miles to…
Are you serious??
Earlier quoted context omitted.
I cannot understand why leasing (or renting) can be considered superior to owning your own place. Sure it does prevent you from just moving on a whim - something i don't think people should be doing anyhow - but the money paid as rent is like throwing it into the sea!
Rarely true if you account for a decent return on investment on the difference between a mortgage payment and rent for an identical place.
Since the beginning of the financial crisis the media has constantly been repeating that the housing market was key to recovery and that the government had to do things to help prop up house prices. As someone who would like to own a house in the future, I find it quite unfair that the government is helping to maintain bubble prices. It is yet another way for current homeowners to to extract as much money as possible…
Since the beginning of the financial crisis the media has constantly been repeating that the housing market was key to recovery and that the government had to do things to help prop up house prices. As someone who would like to own a house in the future, I find it quite unfair that the government is helping to maintain bubble prices. It is yet another way for current homeowners to to extract as much money as possible…