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A big thing I see is they keep pushing the idea on the younger generation that if you do not go to college you will fail, work McDonald's your whole life etc.
by aphextim 7y ago
A big thing I see is they keep pushing the idea on the younger generation that if you do not go to college you will fail, work McDonald's your whole life etc.
They easily load the kids up with student loans/debt and have courses/advisers readily available to sign them up and get them what they need to get into college.
I do not remember in my high school, one class about financial literacy or how the best way to pay back student loans.
No one informed us well of the risks of taking out private loans to cover what the federal loans don't cover.
No alternative options are promoted heavily, sure there may be an army recruiter or a weekend where they showcase some trades you could get into, but they never explain union/trades.
I wish they told me that at 18, I could join a Union (Carpenter, Laborer, Millwright) and enroll in a 4 year apprenticeship where you start at 60% scale your first year (Make $18 right out of high school), work while learning your skill with a 10% increase each year over 4 years so by the end of your 4 year apprenticeship when you receive your journeyman card you are making $28+, I think more people would at least consider that course if they are more hands on and like to fix stuff.
- rmah 7y agoI went to HS in the 1980's and we had classes in financial literacy (though I think it was called "business" or "economics" or something like that) as an elective. It covered the basics of interest rates, what loans were and how they worked. What banks and insurance was for. The basics of how business works. Etc. We also had trades training available, everything from carpentry and metalworking to auto repair and media broadast (radio/tv). And this was a rather middling high school in a small town in the midwest. What didn't we have? Well, I didn't know what an AP test was until I got to university and it was too late, so there's that. Different strokes for different folks, I guess.