87% of people behind on rent have less than a Bachelor's degree

dora_da_destroyer

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College changed my life for the better. And I have zero student loans.

But y’all stay mad 🤣🤣🤣
you gay troll on thecoli and stan lil wayne...if there ever was a poster child for questioning the supposed critical thinking skills/intellectual stimulation one gets from going to college, you're a prime example
 

Professor Emeritus

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Having a degree and making money has no correlation in this country.. It’s mofos with PHD’s out there working in a supermarket
It's on average, you do better than a non-degree haver. But wages are not growing in rate compared to expenses, so you can choose between

Lowerpay & no debt
OR
Slightly higher pay or a chance of very high pay and a lot of debt.

Jobs that are around higher pay is Tech, and currently with a lot of effort & luck, you can get it.


There's a very, very strong correlation, and it's not just "slightly higher" pay either.

Earnings and unemployment rates by educational attainment, 2020
Educational attainmentMedian usual weekly earningsUnemployment rate
Doctoral degree$1,8852.5%
Professional degree1,8933.1
Master's degree1,5454.1
Bachelor's degree1,3055.5
Associate degree9387.1
Some college, no degree8778.3
High school diploma, no college7819.0
Less than a high school diploma61911.7




Converting it to annual salary:

PhD median: $98,000
Professional median: $98,000
Master's median: $80,000
Bachelor's median: $68,000
Associate median: $49,000
Some college no degree: $46,000
High school diploma median: $41,000
Less than diploma median: $32,000


Pulling a few out for emphasis:

Diploma: $41,000

Bachelor's degree: $68,000

Professional or PhD: $98,000




That's a huge correlation. Bachelor's degree median don't make just a little bit more than high school diploma, it makes 65% more. And you can't blame that all on STEM because those are median numbers, not averages, and less than 1 in 5 degrees is a STEM degree. So those are regular-ass B.A.'s pulling $68,000 or more in large numbers.



Of course I'm not saying that college is always the ideal choice. Don't do a for-profit or online college, they're a fukking scam and employers barely give those degrees any credit at all (in hiring decisions they count for less than an associate's degree does). You probably shouldn't do college if you don't have some sort of clear plan to pay for it. And if you have a clear chosen career path that doesn't require college, then only go if you really thirst for the knowledge and experience, not cause you feel you have to.

But in general, on average, someone who goes to college is going to have a lot better life prospects than someone who does not. And that's not just career pay, there are a lot more benefits besides (meeting new people, meeting future spouses, exposed to other ways of thinking, and actually learning shyt).
 

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Having a degree and making money has no correlation in this country.. It’s mofos with PHD’s out there working in a supermarket
It's on average, you do better than a non-degree haver. But wages are not growing in rate compared to expenses, so you can choose between

Lowerpay & no debt
OR
Slightly higher pay or a chance of very high pay and a lot of debt.

Jobs that are around higher pay is Tech, and currently with a lot of effort & luck, you can get it.


There's a very, very strong correlation, and it's not just "slightly higher" pay either.




Earnings and unemployment rates by educational attainment, 2020
Educational attainmentMedian usual weekly earningsUnemployment rate
Doctoral degree$1,8852.5%
Professional degree1,8933.1
Master's degree1,5454.1
Bachelor's degree1,3055.5
Associate degree9387.1
Some college, no degree8778.3
High school diploma, no college7819.0
Less than a high school diploma61911.7




Converting it to annual salary:

PhD median: $98,000
Professional median: $98,000
Master's median: $80,000

Bachelor's median: $68,000

Associate median: $49,000
Some college no degree: $46,000

High school diploma median: $41,000
Less than diploma median: $32,000



Pulling a few out for emphasis:

Diploma: $41,000
Bachelor's degree: $68,000
Professional or PhD: $98,000

That's a huge correlation. Bachelor's degree median don't make just a little bit more than high school diploma, it makes 65% more. And you can't blame that all on STEM because those are median numbers, not averages, and less than 1 in 5 degrees is a STEM degree. So those are regular-ass B.A.'s pulling $68,000 or more in large numbers.



Of course I'm not saying that college is always the ideal choice. Don't do a for-profit or online college, they're a fukking scam and employers barely give those degrees any credit at all (in hiring decisions they count for less than an associate's degree does). You probably shouldn't do college if you don't have some sort of clear plan to pay for it. And if you have a clear chosen career path that doesn't require college, then only go if you really thirst for the knowledge and experience, not cause you feel you have to.

But in general, on average, someone who goes to college is going to have a lot better life prospects than someone who does not. And that's not just career pay, there are a lot more benefits besides (meeting new people, meeting future spouses, exposed to other ways of thinking, and actually learning shyt).
 

ahomeplateslugger

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Over the last 12 months, rent increased by at least $250 per month for 6.7 million households, according to the survey. About half of families with kids enrolled in free or reduced-price school meal programs said it’s somewhat or very likely they’ll be evicted in the next couple of months.

This is sad to hear
 

Mowgli

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What percentage of people are doing manual labor now
According to google

For reference, here are the statistics for the entire United States: Percentage of workers in physically demanding jobs: 10.3% Total workers in physically demanding jobs: 15,061,140. Total workers across all jobs: 146,875,480

So I guess we don't need a lot of y'all any more.
 

Rick Fox at UNC

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Having a degree and making money has no correlation in this country.. It’s mofos with PHD’s out there working in a supermarket

What Ph.D holder do you know working in a supermarket due to lack of job opportunities? Do not post a link to an internet article or blog, who do you know personally?

Man people need to learn about job careers nobody talks about. You can get a job doing non destructive testing and make over 100k according to what part of the country you’re in. Hell in small ass SC I know plenty of people making around 80k with just a high school diploma.

This has little to do with the statistic, or I should say, pay is a secondary cause not a primary one.

I've been making over 100k for a number years now. I still have almost the same 15k of debt from 10 years ago, still do not own a home, still lack any type of stability (I've moved across the country four times since 2020), still have a shytty credit score, still have questionable health. Still don't really have a wardrobe.

I simply do not possess a number of "adult" skills; no amount of money can make up for that.

Diploma: $41,000
Bachelor's degree: $68,000
Professional or PhD: $98,000

That's a huge correlation. Bachelor's degree median don't make just a little bit more than high school diploma, it makes 65% more. And you can't blame that all on STEM because those are median numbers, not averages, and less than 1 in 5 degrees is a STEM degree. So those are regular-ass B.A.'s pulling $68,000 or more in large numbers.


Of course I'm not saying that college is always the ideal choice. Don't do a for-profit or online college, they're a fukking scam and employers barely give those degrees any credit at all (in hiring decisions they count for less than an associate's degree does). You probably shouldn't do college if you don't have some sort of clear plan to pay for it. And if you have a clear chosen career path that doesn't require college, then only go if you really thirst for the knowledge and experience, not cause you feel you have to.

But in general, on average, someone who goes to college is going to have a lot better life prospects than someone who does not. And that's not just career pay, there are a lot more benefits besides (meeting new people, meeting future spouses, exposed to other ways of thinking, and actually learning shyt).

Correct. Neither skill, pay, or intelligence are primary causes. There are a number of highly intelligent/skilled men and women who have little to no formal education. They often struggle through adult life, never really figuring it out.

Truth about adult life is success often depends more on making incremental progress toward goals than on talent or intellect. Such incremental progress requires diligence, the same quality required to slog through a four-year degree program. College is a solid predictor of future success because college often forces people to round out certain edges in order to graduate.

Graduates tend to be more put together physically, mentally, and emotionally. They are often more organized, more concise, and more effective in written and verbal communication. They possess a certain confidence and feel more comfortable navigating institutions. Making the rent on time is more a function of all this than high earnings or intellect.
 
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