"Millenials: We suck and We're Sorry" these people are f*cking pathetic.

villain

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But there's some inconvenient truths that will rub a lot of people the wrong way. The Neo-con boot-straps ideology is unfortunately correct in a lot of ways. I saw it undergrad and I see it in a lot of answers on this very board. The very idea of working and saving money is scoffed at if it isn't enough to fund a vacation to the South of France like the 1% do. People aren't upset at the 1%. They are upset that they aren't the 1%. That's a big difference and makes a lot of the complaints disingenuous. You have people scoffing at the very idea of moving away to another city that they can afford because their "culture" is tied up into an area. :what:

The inconvenient truth is something like gentrification isn't new. People publicly understanding that they failed to secure their future is new. I don't make 200K a year. But I do have a nice 401k that I contribute to, a nice Roth and other investments.(I'm still learning) I don't vacation on the Venetian Islands and I won't be at the World Cup in Brazil, but I do have enough money to travel to decent places once a year, work permitting. I won't be rich or on the forbes list but I will have around a million dollars :whew: come retirement. I took out student loans but I found a job that paid for them. I alluded to this plenty of times. Put it this way, most of you guys scoff at the job I do because it's not glamorous or attractive. But guess? All my boys who graduated college with loans are :flabbynsick:...They struggle..I researched before graduating college this job and that what my potential earnings post grad and the debt I accrued wasn't favorable for my future. I sacrificed. I sacrificed potentially moving to the city I wanted to. I sacrificed my free time and potentially my health. It was a risk, but worth the reward to me. Sacrifice to people of this generation is nonexistent. Most of the pain is self inflicted so it really makes me hard to sympathize. I work out for a living, I :eat: good, got a decent crib :ehh: bout to buy a rental property in 2015..I'm not balling. I'm not a flashy dude. I don't drive a M series. I got a Tacoma pickup(paid for) and a Cadillac XTS(2012) :lawd: that's my one indulgence. I dress moderately and I live within my means. For most people in this generation this is :flabbynsick:..My instagram ain't "hot"..I don't even have one :pachaha:..I spend too much time online, but I'm happy.

People my age(mid 20-late 20's) are pretty stupid. Like so many people in undergrad payed absolutely no attention to what the future held for them. I knew by junior year if I didn't do what I'm doing I'd be fukked and struggling in a one bedroom apartment, 40K worth of a debt, coupled with being an introvert :huhldup: I'd be bytchless. Some decisions in life can propel you to success and sometimes indecision can cripple you. A lot of people in this age group are lost souls and have pretty unrealistic views on life. Ah well :yeshrug:

It's true a lot of kids these days don't plan well for the future, but that's the nature of kids in any generation. Y'all gotta realize that because you post your own personal success stories (fake or not) it doesn't mean that everyone else in the country is capable of doing that.

Everyone else is not going to have the same opportunities under the same circumstances as you, and it's not always from a lack of trying. The wealth inequality levels in this country are among the highest in history before the great depression, student loan debt is in the trillions (higher than credit card debt), and all that has nothing to do with lazy college kids who made bad decisions.
 

porque

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:skip: Man I ain't no damned venture capitalist. All the stories I tell on here happen to real people I either know or me myself. ..I am in the market for a Lexus. 2017 :win:


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Rawtid

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It's true a lot of kids these days don't plan well for the future, but that's the nature of kids in any generation. Y'all gotta realize that because you post your own personal success stories (fake or not) it doesn't mean that everyone else in the country is capable of doing that.

Everyone else is not going to have the same opportunities under the same circumstances as you, and it's not always from a lack of trying. The wealth inequality levels in this country are among the highest in history before the great depression, student loan debt is in the trillions (higher than credit card debt), and all that has nothing to do with lazy college kids who made bad decisions.

I think everyone is capable of doing it, if they really wanted to. Taking on debt is a bad decision and people should realize that. Doesn't make them a horrible person, but it was a bad decision. Especially if you don't really have a plan on how you're going to pay it back.
 

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I think everyone is capable of doing it, if they really wanted to. Taking on debt is a bad decision and people should realize that. Doesn't make them a horrible person, but it was a bad decision. Especially if you don't really have a plan on how you're going to pay it back.

My issue is that they are asking 17-19 year olds to take on huge amounts of debt without teaching them financial literacy. Asking a young person who hasn't been taught financial literacy or how to be practical vs impulsive to sign for a credit or loan is dishonest. I know these companies look forward to when most kids become legal just so they can turn them into debt slaves.
 

Rawtid

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My issue is that they are asking 17-19 year olds to take on huge amounts of debt without teaching them financial literacy. Asking a young person who hasn't been taught financial literacy or how to be practical vs impulsive to sign for a credit or loan is dishonest. I know these companies look forward to when most kids become legal just so they can turn them into debt slaves.
Well that's the parent's job. I personally wouldn't support my daughter taking on debt of any kind. If she decides she wants to go the debt route, it would be troubling but I wouldn't support her financially anymore. She's only 5 so I have some time but I have plans in place for saving for college and otherwise.
 

Poitier

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Well that's the parent's job. I personally wouldn't support my daughter taking on debt of any kind. If she decides she wants to go the debt route, it would be troubling but I wouldn't support her financially anymore. She's only 5 so I have some time but I have plans in place for saving for college and otherwise.

I don't think you know what you would do because you have a long way to go. You're probably not going to crush your children's dreams or leave them behind in the rat race because the cost of education is ridiculous? No one is a psychic, there was a time when getting out of college DID guarantee a way to pay back that debt so these parents had the best intentions but then the economy shifted. It's good to hear that you're saving up for her but you should also consider sending her to trade school during her teen years.
 
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I think everyone is capable of doing it, if they really wanted to. Taking on debt is a bad decision and people should realize that. Doesn't make them a horrible person, but it was a bad decision. Especially if you don't really have a plan on how you're going to pay it back.
My issue is that they are asking 17-19 year olds to take on huge amounts of debt without teaching them financial literacy. Asking a young person who hasn't been taught financial literacy or how to be practical vs impulsive to sign for a credit or loan is dishonest. I know these companies look forward to when most kids become legal just so they can turn them into debt slaves.

These are on point. As time goes on, I think that the importance of college is going to wane. In America, education is the key and roadblock to success. I say that it is because jobs that required a high school diploma 20+ years ago now require a bachelor's minimum. Education is valued in dollars in this country.

I just think we're at a very weird and interesting point in time and the apprehensiveness of this generation and others all has to do with the fact that no one has any single clue what the future is going to look like. What's the point of paying $50,000 in college tuition or taking out student loans just to be a debt slave for the rest of one's adult life to try to pursue a major or career that might not even be existent years down the line? Like @Wild self said, jobs are disappearing, they aren't being created...and the specialization of college isn't to teach those skills to people to actually create an industry, it's to be an employee in an already existing industry. That's also where it fails. As well, why pay that much for college courses when it's more than possible to learn a trade online with all of the resources out there? I mean, there are already college students that have managed to "cheat" the system by finding everything they need to pass their courses online, so what good does a college course do? Most colleges/universities (especially state) really only function off of tuitions, state funding, and other things that have nothing to do with education (somebody's rich daddy donating a wing to the campus or the basketball/football team getting millions from Nike/Adidas/etc).

I honestly forsee the physical decay of college space coming in the near future. Maybe they'll be used as storage and films like Animal House and Van Wilder will be used to harken to a time when college actually mattered. Other than paying people to learn things that can be taught/learned for free with the right resources (don't get me wrong, it's still good and useful for medical sciences, tech, etc...but America is not pumping out those type of majors anymore en masses and Asia is killing us in medicine, science, technology, and math), most people just waste time in college and do nothing but drugs, sex, and rock and roll with nothing worthy to show for it at the end of the day except a piece of paper that decreases in value every year.
 

Rawtid

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I don't think you know what you would do because you have a long way to go. You're probably not going to crush your children's dreams or leave them behind in the rat race because the cost of education is ridiculous? No one is a psychic, there was a time when getting out of college DID guarantee a way to pay back that debt so these parents had the best intentions but then the economy shifted. It's good to hear that you're saving up for her but you should also consider sending her to trade school during her teen years.
I can say for certain that my child will never take on debt and if she does, it wouldn't be anything I support. My daughter is also going to college. She will at least get a bachelor's and I will have the money saved for her to go. What she does after that is on her. I feel strongly about that so telling me otherwise would be a waste of your keystrokes.

By the time my daughter is 15, I'm trying to be in the positon to give her a job so she can earn a living and build some skills without needing to go to McDonald's or whatever. The only thing that can stop me is death and/or bad financial decision making. It may not sound feasible to you but it's every bit accomplishable to me and it's what I'm going to do.
 

Wild self

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These are on point. As time goes on, I think that the importance of college is going to wane. In America, education is the key and roadblock to success. I say that it is because jobs that required a high school diploma 20+ years ago now require a bachelor's minimum. Education is valued in dollars in this country.

I just think we're at a very weird and interesting point in time and the apprehensiveness of this generation and others all has to do with the fact that no one has any single clue what the future is going to look like. What's the point of paying $50,000 in college tuition or taking out student loans just to be a debt slave for the rest of one's adult life to try to pursue a major or career that might not even be existent years down the line? Like @Wild self said, jobs are disappearing, they aren't being created...and the specialization of college isn't to teach those skills to people to actually create an industry, it's to be an employee in an already existing industry. That's also where it fails. As well, why pay that much for college courses when it's more than possible to learn a trade online with all of the resources out there? I mean, there are already college students that have managed to "cheat" the system by finding everything they need to pass their courses online, so what good does a college course do? Most colleges/universities (especially state) really only function off of tuitions, state funding, and other things that have nothing to do with education (somebody's rich daddy donating a wing to the campus or the basketball/football team getting millions from Nike/Adidas/etc).

I honestly forsee the physical decay of college space coming in the near future. Maybe they'll be used as storage and films like Animal House and Van Wilder will be used to harken to a time when college actually mattered. Other than paying people to learn things that can be taught/learned for free with the right resources (don't get me wrong, it's still good and useful for medical sciences, tech, etc...but America is not pumping out those type of majors anymore en masses and Asia is killing us in medicine, science, technology, and math), most people just waste time in college and do nothing but drugs, sex, and rock and roll with nothing worthy to show for it at the end of the day except a piece of paper that decreases in value every year.

Real talk. I remember back in the day, all everyone told you is to finish college because of distractions at that time period. Now, people took that advice, like Gen Y people, and they finished college like they were told to. Now that many of them can't even get anything out of it, people are beginning to question why many of these institutions still exist. People look forward to college cause of parties, sex, drugs over learning, like you said. I can see a lot of these crooked institutions closing down in the next 20 years.
 

villain

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I think everyone is capable of doing it, if they really wanted to.

...I don't know how you can look at those stats and not see that there is a larger issue at hand here than people simply not wanting it enough. You aren't the only driven person in the world. It's not simply a fight against yourself, there are people at the top that seek to protect and expand their wealth by marginalizing the working class and turning us into interchangeable tools of production. That's not something everyone can overcome individually.
 
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I don't think you know what you would do because you have a long way to go. You're probably not going to crush your children's dreams or leave them behind in the rat race because the cost of education is ridiculous? No one is a psychic, there was a time when getting out of college DID guarantee a way to pay back that debt so these parents had the best intentions but then the economy shifted. It's good to hear that you're saving up for her but you should also consider sending her to trade school during her teen years.

@Rawtid you also got to take into consideration the increasing cost of living, inflation, rising college tuition prices and other factors years & decades down the line to eventually think if it's worth it for your child. Personally, I would keep your options open.

I would only send my kid to college for a medical trade, a tech trade, or something in the sciences. If they wanted to go to college for art or fashion...they are completely on their own.
 
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