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>In a recent analysis, we found that 53 million workers ages 18 to 64—or 44% of all workers—earn barely enough to live on. >The majority of low-wage workers (7
by Merrill 7y ago
>In a recent analysis, we found that 53 million workers ages 18 to 64—or 44% of all workers—earn barely enough to live on.
>The majority of low-wage workers (77%) have less than a college degree,
So there are 53 (1-0.77) = 12.2 million workers with college degrees who are only able to earn "barely enough to live on".
Poor instruction or irrelevant majors in college? Or drug use, criminal convictions, disabling disease or injury after college? Long term career success has a lot to do with parents, friends, spouses, and children as well as a large helping of luck.
- lallysingh 7y agoI'm thinking mostly poor instruction/irrelevant majors.
- GarrisonPrime 7y agoAre you assuming that everybody who is able-bodied and has a scale degree should be able to find employment? Did over 12 million people in this country really get worthless degrees or become incapacitated? Getting a "good" degree might not matter so much, if so many other people also got those degrees. One could say that degree is therefore no longer so good, but there is not an endless train of "even better" degrees for people to move on towards.
- sosborn 7y ago> Long term career success has a lot to do with parents, friends, spouses, and children as well as a large helping of luck. Long term failure also has a lot to do with parents, friends, spouses, and children as well as a large helping of luck.
- edc117 7y agoI'm guessing also high COL areas.