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Young People Are Screwed: Here's How To Survive

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151–160 of 183 posts

Re: Young People Are Screwed: Here's How To Survive

#151

"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…

The ideal solution I think, is simple: "Followers of the Way [of Chán], if you want to get the kind of understanding that accords with the Dharma, never be misled by others. Whether you're facing inward or facing outward, whatever you meet up with, just kill it! If you meet a buddha, kill the buddha. If you meet a patriarch, kill the patriarch. If you meet an arhat, kill the arhat. If you meet your parents, kill your…

If I understand Buddhism correctly, then since everything (including you) is really just ultimately nothing, going to college is unimportant, unless it helps you in realizing that everything is nothing. Debt is bad, because it will enslave you, and likely lead you to think that money, etc. is actually something. College is may also be unhelpful, because it may lead you to think that an Education is not nothing. If you truly understand that everything is nothing, then the only logical choice is to spend your life helping others escape their enslavement of thinking that they truly exist. College may not be useful for that.

On the other hand, if you think that we do actually exist and that college might actually be worth something, then I don't think Buddhist philosophy is going to be helpful.

Re: Young People Are Screwed: Here's How To Survive

#152
post #28

Earlier quoted context omitted.

The punchline, of course, is that retirement won't be a realistic option for our generation at 60. 25-75 leaves 50 working years, and that's what it'll probably take so we can pay for the boomer generation to retire and also save for our own. And I don't think it's a bad thing. It's patently ridiculous for a person to spend half their life not working, why should it involve less than an unreasonable savings rate to d…

It's patently ridiculous to spend even half your life working, yet alone from 18 to 65 (or whatever the retirement age is now). Why have we automated so many things yet work the same hours? There is no virtue in work what-so-ever. It is a means to an end and nothing more. If I could have robots grow my food, manufacture my appliances and create entertainment for me then I would spend all my life enjoying it and not g…

> we're here to figure out why we're here

Turns out we're here to work.

Seriously, I don't know about you, but I have a list a million pages long of problems I'd like to see solved by the human race, and I'm pretty sure everyone can chip in on at least one of them. Navel-gazing doesn't get anyone very far.

Re: Young People Are Screwed: Here's How To Survive

#153
post #132

Earlier quoted context omitted.

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…

Your second + fits my situation exactly. My parents are divorced and neither would pay for college. I'm 24 and basically just starting college now that I can at least get enough loans from the government to afford community college tuition. I've had to work really shitty jobs for the last six years just to be able to pay for rent and food. (The rent they would have charged me to live at home was more expensive than m…

You qualify for aid. If you're 24, you are now an independent student and parent income is no longer factored into the financial aid equation. You are basically low-income in a college's eyes.

Education about financial aid goes a long way. Just because someone qualifies for aid but does not seek it does not prove my point wrong.

http://www.fastweb.com/financial-aid/articles/699-fafsa-and-...

Re: Young People Are Screwed: Here's How To Survive

#154
post #143

Earlier quoted context omitted.

> the money paid as rent is like throwing it into the sea! The same can be said of mortgage interest. The fair comparison to the renter with no savings is the homeowner owing the full value of the house to the bank, and the fair comparison to a mortgage-less homeowner is a renter with investments and savings equal to the price of the house they're in. Better arguments for your position might be 1. Mortgage rates are…

> Mortgage rates are lower than rental prices in many places, its unlikely that mortgage payments are lower than rent - otherwise, it'd be better to pay the mortgage than renting! You would buy a place, and rent out a room or two, and have the rent income plus your own money to pay the mortgage. I m not against renting - but i just don't want people to think that a mortgage is some baggage that they are better off no…

>its unlikely that mortgage payments are lower than rent - otherwise, it'd be better to pay the mortgage than renting! You would buy a place, and rent out a room or two, and have the rent income plus your own money to pay the mortgage.

I have friends doing just that. All it takes is the initial deposit capital (which many people don't have, or take years to save up) and credit rating.

Re: Young People Are Screwed: Here's How To Survive

#155
I'm wondering how this article compares to other countries. In Germany you don’t necessarily need to pay expensive medical bills, and Universities have either no fee at all, or a very small one (500 € per Semester usually).

So after getting a Bachelor’s degree, you can be pretty much debt free.

Is this then only a problem for the USA?

Re: Young People Are Screwed: Here's How To Survive

#156
post #28

Earlier quoted context omitted.

The punchline, of course, is that retirement won't be a realistic option for our generation at 60. 25-75 leaves 50 working years, and that's what it'll probably take so we can pay for the boomer generation to retire and also save for our own. And I don't think it's a bad thing. It's patently ridiculous for a person to spend half their life not working, why should it involve less than an unreasonable savings rate to d…

It's patently ridiculous to spend even half your life working, yet alone from 18 to 65 (or whatever the retirement age is now). Why have we automated so many things yet work the same hours? There is no virtue in work what-so-ever. It is a means to an end and nothing more. If I could have robots grow my food, manufacture my appliances and create entertainment for me then I would spend all my life enjoying it and not g…

[deleted]

Re: Young People Are Screwed: Here's How To Survive

#157

Earlier quoted context omitted.

It's patently ridiculous to spend even half your life working, yet alone from 18 to 65 (or whatever the retirement age is now). Why have we automated so many things yet work the same hours? There is no virtue in work what-so-ever. It is a means to an end and nothing more. If I could have robots grow my food, manufacture my appliances and create entertainment for me then I would spend all my life enjoying it and not g…

> we're here to figure out why we're here Turns out we're here to work. Seriously, I don't know about you, but I have a list a million pages long of problems I'd like to see solved by the human race, and I'm pretty sure everyone can chip in on at least one of them. Navel-gazing doesn't get anyone very far.

If you like what you're doing, it's not work, it's a hobby.

Re: Young People Are Screwed: Here's How To Survive

#158

Earlier quoted context omitted.

It's patently ridiculous to spend even half your life working, yet alone from 18 to 65 (or whatever the retirement age is now). Why have we automated so many things yet work the same hours? There is no virtue in work what-so-ever. It is a means to an end and nothing more. If I could have robots grow my food, manufacture my appliances and create entertainment for me then I would spend all my life enjoying it and not g…

> we're here to figure out why we're here Turns out we're here to work. Seriously, I don't know about you, but I have a list a million pages long of problems I'd like to see solved by the human race, and I'm pretty sure everyone can chip in on at least one of them. Navel-gazing doesn't get anyone very far.

My list of problems is about as long and I would love to see them solved. I've researched and thought a great deal about why these problems occur and the root cause of them is invariably humanity itself.

We look at how much food the human race produces and see that there is absolutely no reason why anyone should starve, yet many people do. We have plenty of water yet people die of dehydration. Why is this? Our technology is clearly advanced enough that these problems should not exist. Should we keep working to improve our technology?

My argument is that we should drop what we're doing, take a step back and think about how we got into this mess - that we stop working and consider where we're going and how we are getting there. Why, in a huge corporation, are there some employees earning minimum wage and barely making enough to survive while someone working the exact same hours has two houses and three cars? Why are there people living on the streets in what are apparently first world countries? Why is the inequality gap growing instead of decreasing? Shouldn't all this work be improving the situation?

My contention is that we cannot work ourselves out of this problem. We need to sit down, think and talk. We need to empathise with each other and share. I believe that the solution to the problems that plague people will find their remedy on the social level. That is, information, and access to that information, is the key to resolving them, not working hard to keep the streets clean or developing the newest iPhone or building new houses. Don't get me wrong, those things are important too, but we have the capability to automate a lot of them yet we have not done so. Why are robots not roaming the streets and keeping them spotless? Why are people working for pennies in factories to make our smartphones?

I believe that answering these questions and doing something about them will go a lot further than turning up to a 9-5 every day. It's all very good having an engine that can produce a thousand horsepower but if the steering wheel is not used to aim the car in the right direction, it will crash. The engine is already good enough - the direction seems to be terribly wrong.

Re: Young People Are Screwed: Here's How To Survive

#159
post #28

Earlier quoted context omitted.

The punchline, of course, is that retirement won't be a realistic option for our generation at 60. 25-75 leaves 50 working years, and that's what it'll probably take so we can pay for the boomer generation to retire and also save for our own. And I don't think it's a bad thing. It's patently ridiculous for a person to spend half their life not working, why should it involve less than an unreasonable savings rate to d…

It's patently ridiculous to spend even half your life working, yet alone from 18 to 65 (or whatever the retirement age is now). Why have we automated so many things yet work the same hours? There is no virtue in work what-so-ever. It is a means to an end and nothing more. If I could have robots grow my food, manufacture my appliances and create entertainment for me then I would spend all my life enjoying it and not g…

I couldn't agree more. I'm in good company too: "road to happiness and prosperity lies in an organized diminution of work" (Bertrand Russell - In Prise of Idleness, http://www.zpub.com/notes/idle.html). The trouble is that the organized diminution of (human) work requires so much work itself :).

Re: Young People Are Screwed: Here's How To Survive

#160

I'm wondering how this article compares to other countries. In Germany you don’t necessarily need to pay expensive medical bills, and Universities have either no fee at all, or a very small one (500 € per Semester usually). So after getting a Bachelor’s degree, you can be pretty much debt free. Is this then only a problem for the USA?

Consider that many German students (I don’t have numbers, just a subjective impression) get Bafög, a government-issued loan to pay for fees/rent/living.
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