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Your average Gen-Xer is 50+ years old today, so your very bleak picture fails to acknowledge that they've also been the benficiary of all the public expenditure
by nogabebop23 7y ago
Your average Gen-Xer is 50+ years old today, so your very bleak picture fails to acknowledge that they've also been the benficiary of all the public expenditures and national debt that funded it.
Outside of the US Millenials have enjoyed cheaper (when adjusted) education than ever before and better healthcare. I think you paint an unnecssarily bleak and defeatist future (coming from another in a similar situation)
- SketchySeaBeast 7y ago> Outside of the US Millenials have enjoyed cheaper (when adjusted) education than ever before Do you have a source for this? Considering the disparity between nations, that seems to be painting with an overly broad brush.
- spamizbad 7y agoI can't find the link, but an economist made the argument that college has gotten cheaper because although costs have gone up so has its utility. So it's a "more for your money" sort of situation. I personally don't subscribe to this view and it's not something one can simply state as a fact. Similar to how say an automobile's year-over-year price may have increased by 5% but the adjusted value is 2% because last year's models didn't have side airbags as standard or something like that.
- SketchySeaBeast 7y agoGiven that the current sentiment seems to be that vast majority of college degrees are either worthless or simple table stakes to be able to participate in a white collar vocation I wouldn't say I follow that view either.