You can get loan forgiveness in public sector jobs: teachers, peace corp, and government service. You can become a nurse after college, you don't have to write code, but it is not for everyone. The boomers will be retiring so there will be a huge need for medical and care givers. Also when they go, the jobs they left will open up (minus some losses for productivity). You can go the trade route as well, or accountancy etc...
Young People Are Screwed: Here's How To Survive
11–20 of 183 posts
Re: Young People Are Screwed: Here's How To Survive
#12There is a lot of focus on programmers , which is absolutely fine: they are usually the "makers". However I wonder why admins get overlooked. Just like the plumber or the electrician, sys/net admins are the handyman/tradesmen of the computing world, and as software deployments grow, so will their demand.
admins are going to be replaced by programs that software engineers write (consider devops, heroku, aws, etc).
Re: Young People Are Screwed: Here's How To Survive
#13While it is true that a four year college degree at Yale, or Stanford or USC can easily set you back $200K, the only reasonable thing about 'point 2' is that we don't need Spanish Majors, but we do need scientists, mathematicians, and engineeers. And a California State education is about $5k a year [1] or $20K for four years. Same cost as a car these days. You can pay off a car with a 60month loan, why not your colle…
The main fallacy of the whole rising-college-tuition thing is that students don't actually pay "sticker price". The actual cost is much less:
http://www.bloomberg.com/news/2012-11-27/misconceptions-101-...
Re: Young People Are Screwed: Here's How To Survive
#14The scariest thing in the article is the unemployment graph from Calculated Risk. Isn't it interested at how Wall Street has gotten better and better at inflating bubbles that take longer and longer to recover from.
I just wish the gov't was more focused on creating jobs instead of all the other BS they're fighting with each other over.
Re: Young People Are Screwed: Here's How To Survive
#15I 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 a midwest tech event (http://goo.gl/JX1ud). No such luck, unemployed as ever.
On a positive note, it's my opinion that energy prices are a better indicator of economic growth than interest rates and energy prices should continue to fall for the foreseeable future. The only problem is how quickly the economy will artificially inflate after years of QE.
Re: Young People Are Screwed: Here's How To Survive
#16There is a lot of focus on programmers , which is absolutely fine: they are usually the "makers". However I wonder why admins get overlooked. Just like the plumber or the electrician, sys/net admins are the handyman/tradesmen of the computing world, and as software deployments grow, so will their demand.
I'm sure a great admin is worth their weight in gold for an org with a headcount of 10,000. I'm not so sure for an org of 10. I think, and I could well be wrong, that the trend for successful companies is towards the latter. None of this is to say the field is bad or will go away any time soon, just food for thought.
One admin for 10 programmers is a huge multiplier. That admin can take care of the non programming needs so that the devs have more time to focus on code than context switching to handle the crap.
Re: Young People Are Screwed: Here's How To Survive
#17Earlier quoted context omitted.
College costs a lot more than just tuition. You have room and board, fees and 'service charges' galore, textbooks, living expenses, etc.
I am aware. I've got one in college, one recently graduated, and one entering next year. And many of my kid's peers are currently in college. All of the room and board costs in every college we've looked at, or sent someone too, could be paid with a part time job taken at the same time as attending classes. The idea that getting a STEM degree is outside the reach of kids today without going into lifelong debt is a my…
Agreed. I went to a dirt cheap state university and worked part time throughout college. With help from my not very well off parents, I came out without any debt at all.
One of my gigs was Resident Assistant. While it may not have been the most lucrative job, it did cover room and board and included a stipend which easily covered textbooks and fees.
Re: Young People Are Screwed: Here's How To Survive
#18I 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…
I might have misunderstood either you or the article, but the main point of the article seemed to be that people don't really have much use for business/econ grads - they need people who will write the software. So you're clearly pretty smart, but are you hoping to be a programmer/teaching yourself to program, or what? How is your story a response to this article?
Re: Young People Are Screwed: Here's How To Survive
#19While it is true that a four year college degree at Yale, or Stanford or USC can easily set you back $200K, the only reasonable thing about 'point 2' is that we don't need Spanish Majors, but we do need scientists, mathematicians, and engineeers. And a California State education is about $5k a year [1] or $20K for four years. Same cost as a car these days. You can pay off a car with a 60month loan, why not your colle…
College costs a lot more than just tuition. You have room and board, fees and 'service charges' galore, textbooks, living expenses, etc.
Room and board is double-counting. You'd ultimately have to pay for that anyways (college or not), so it's hard to attribute that entirely to the "cost of college" - it's not a net cost.
Re: Young People Are Screwed: Here's How To Survive
#20Earlier quoted context omitted.
College costs a lot more than just tuition. You have room and board, fees and 'service charges' galore, textbooks, living expenses, etc.
Room and board is double-counting. You'd ultimately have to pay for that anyways (college or not), so it's hard to attribute that entirely to the "cost of college" - it's not a net cost.
Counting tuition + room + board + opportunity cost is double counting. But you have to count either room and board or opportunity cost.