MILLENIALS ARE SO SCREWED
As a member of the Baby Boomer generation , not only did we start with no money , it was so expected , that we never even thought to whine about that , after all , our parents grew up during the Great Depression . We made it on our own . as did they .
I don’t necessarily think it is no money that is the problem.
I think the massive amount of debt to get through college is generally the problem.
@Myah Yes , college courses are expensive . My parents did not put me through college . And while my Mom took a couple of night courses after high school , my Dad did not even graduate ninth grade . They moved to a different country . I began taking one or two classes a semester at my local community college , after I separated from my Mother-in-law , while working full time , and taking care of everything , on my own . I never borrowed money for courses , I earned it , and paid as I went , because I chose not to be in debt any more than I absolutely needed to be . Today's students borrow money , with no concept of paying it back , because , after all , they have a very low interest rate . Then , after twenty to thirty years of being in arrears on their payments , they want the debt they never bothered paying , to simply go away . This debt was paid for by the taxes everyone in the US paid for . We, the tax payers , loaned them money at a very low interest rate , to provide a better future for themselves . They made very poor choices , taking courses because they looked to be fun , didn't require a lot of home-work , could hang out with the fun crowd , etc . , instead of courses that would provide them with future support , then didn't bother repaying the loans . This , by the way , is the story of a woman I rented rooms to . Oh , and there was one other thing . She decided she wanted to have sex with a drummer , even though they realized they didn't have contraceptives , and when she told him she was pregnant , he walked away . Yeah , let's raise my taxes even more , so I can help pay off the loans , these ne'r do wells inccured .
I think you might be generalizing. Seems to me most people who go to college are going for the training for a more secure job:
[fivethirtyeight.com]
If we want to compete in a globalized world, the fact is that our country needs more college education. It’s about an investment in our future that we should raise taxes to pay for college degrees.
Ok , let's get this concept straight . After I scrimped and saved to put myself through college , paid for the few courses my children took , before they dropped out , invested and saved , so my grand children would be able to take college courses , I should not only pay for college for the idiots who , " borrowed , " from the tax payers , but never repaid the loan , but now I should also pay for other future college students ? How nice of you to steal the retirement I worked and saved for !
I’m a millennial? Wait. Everything is not my fault. Never mind.