4 ms·

The millennial generation has made terrible decision egged on by the previous. No one needed all those degrees to begin with. Most are useless to the larger eco

The millennial generation has made terrible decision egged on by the previous. No one needed all those degrees to begin with. Most are useless to the larger economy. That along with the choice to stay single longer has doomed this generation.

danhak 6y ago
The millennials also made the terrible decision to enter the workforce during the worst economic crisis in a generation. And then to continue working for stagnant wages while costs of housing and healthcare skyrocket.
- artvark11 6y ago
  Millennials are forced by law to buy over priced healthcare that subsidizes the dying boomer generations. They are forced to pay into social security,but they will likely never see any of the returns.
nickelcitymario 6y ago
> egged on by the previous. This. All I heard growing up was "go to post-secondary." Zero concern for what the actual degree would be. Any degree would do. Now, I'm a big believer in education and post-secondary. 100%. The top earners across the board are more educated than the lower half. BUT: It depends on the degree. So many of my friends are still paying for degrees that went nowhere, and I'm in my mid-30s. I've got 4 kids and my message to them is to keep their options open, figure out what kind of work they want to do for the rest of their lives, and get the right education for that. If they want to be an engineer, fantastic. University it is. But so many degrees lead to poor job prospects or low wages that do not in any way justify the cost. It's crazy town. If the type of work you want to do doesn't pay especially well, that's fine. There's more to life than money. But don't go into debt over it.
honkycat 6y ago
I will say that I got a useful degree ( computer science ) from a university I could afford and have already paid off my debt. I mostly agree, I don't know what people were thinking what was going to happen when they majored in underwater basket weaving. I don't pretend know why people chose to go so deeply into debt. I do know a lot of smart people I respect made this decision, so it is more complicated than simply saying "screw the millennial." However: There is now a mess that is damaging our society. When there is a fire going on, one does not stand around pointing fingers trying to figure out who started the fire. We put the fire out and figure the rest out afterwards. Millenial student debt is stifling their ability to build wealth, participate in the economy, and damaging their quality of life to the point they choose not to have children. I think this is a problem worth solving.
- 52-6F-62 6y ago
  > underwater basket weaving Do such smart people really still think this of subjects that don't have a pre-drawn straight line to a comparable paycheque to their own?
  - MeinBlutIstBlau 6y ago
    The fact that kids go for art in a state school that isn't renowned for their art program says yes. There's nothing wrong with going for underwater basket weaving if you know and have a plan to do just that. The average college student just associates that student loans == "worry about it later!" && Student loan == "I'll get a 50-60k job out of college no problem!"
    - 52-6F-62 6y ago
      So pedigree is both important and not important? I'm sorry, but I disagree in so many ways. Do you know how a school becomes renowned? Even then, there are countless people who have thrived without pedigree, without renown, and taken a path less cut-and-dried. I dread a world where such a narrow path is prescribed and must be adhered to. Reminds me of the puritans. The entire purpose of an arts education is exploration of humanity. Thank god people still naively pursue that endeavour. To me it sounds like the problem actually lies in the systems of student loans, not people's spirit for venturing into the unknown of whether or not it will financially benefit them.
      - MeinBlutIstBlau 6y ago
        I would argue a traditional education in the humanities with the internet era is a moot point. You can do that without going into debt slavery via college loans. Instead of learning from a professor, watch some guy on youtube. Practice a lot. Make stuff. Join the literally endless communities that do the stuff you're doing. The reason kids go to college is to get a good paying job. I hate to say it but if you're a kid who does not have affluent parents or don't live in an area where there actually are legitimate jobs in that field, it's 100% on you for doing that. I mean the opinion that those jobs don't exists isn't a stereotype for a reason. Students can get those jobs, but there most definitely aren't where they went to college typically. If you live in LA, Chicago, NYC; sure those could very well be viable career paths. In the middle of Idaho? Maybe you should reconsider who in Idaho is going to hire an artist outside of the small town that is their capital. Sometimes reality needs to bite people who are incapable of making goals long term.

danhak 6y ago

The millennials also made the terrible decision to enter the workforce during the worst economic crisis in a generation. And then to continue working for stagnant wages while costs of housing and healthcare skyrocket.

artvark11 6y ago
Millennials are forced by law to buy over priced healthcare that subsidizes the dying boomer generations. They are forced to pay into social security,but they will likely never see any of the returns.

nickelcitymario 6y ago

> egged on by the previous. This. All I heard growing up was "go to post-secondary." Zero concern for what the actual degree would be. Any degree would do. Now, I'm a big believer in education and post-secondary. 100%. The top earners across the board are more educated than the lower half. BUT: It depends on the degree. So many of my friends are still paying for degrees that went nowhere, and I'm in my mid-30s. I've got 4 kids and my message to them is to keep their options open, figure out what kind of work they want to do for the rest of their lives, and get the right education for that. If they want to be an engineer, fantastic. University it is. But so many degrees lead to poor job prospects or low wages that do not in any way justify the cost. It's crazy town. If the type of work you want to do doesn't pay especially well, that's fine. There's more to life than money. But don't go into debt over it.

honkycat 6y ago

I will say that I got a useful degree ( computer science ) from a university I could afford and have already paid off my debt. I mostly agree, I don't know what people were thinking what was going to happen when they majored in underwater basket weaving. I don't pretend know why people chose to go so deeply into debt. I do know a lot of smart people I respect made this decision, so it is more complicated than simply saying "screw the millennial." However: There is now a mess that is damaging our society. When there is a fire going on, one does not stand around pointing fingers trying to figure out who started the fire. We put the fire out and figure the rest out afterwards. Millenial student debt is stifling their ability to build wealth, participate in the economy, and damaging their quality of life to the point they choose not to have children. I think this is a problem worth solving.

52-6F-62 6y ago
> underwater basket weaving Do such smart people really still think this of subjects that don't have a pre-drawn straight line to a comparable paycheque to their own?
- MeinBlutIstBlau 6y ago
  The fact that kids go for art in a state school that isn't renowned for their art program says yes. There's nothing wrong with going for underwater basket weaving if you know and have a plan to do just that. The average college student just associates that student loans == "worry about it later!" && Student loan == "I'll get a 50-60k job out of college no problem!"
  - 52-6F-62 6y ago
    So pedigree is both important and not important? I'm sorry, but I disagree in so many ways. Do you know how a school becomes renowned? Even then, there are countless people who have thrived without pedigree, without renown, and taken a path less cut-and-dried. I dread a world where such a narrow path is prescribed and must be adhered to. Reminds me of the puritans. The entire purpose of an arts education is exploration of humanity. Thank god people still naively pursue that endeavour. To me it sounds like the problem actually lies in the systems of student loans, not people's spirit for venturing into the unknown of whether or not it will financially benefit them.
    - MeinBlutIstBlau 6y ago
      I would argue a traditional education in the humanities with the internet era is a moot point. You can do that without going into debt slavery via college loans. Instead of learning from a professor, watch some guy on youtube. Practice a lot. Make stuff. Join the literally endless communities that do the stuff you're doing. The reason kids go to college is to get a good paying job. I hate to say it but if you're a kid who does not have affluent parents or don't live in an area where there actually are legitimate jobs in that field, it's 100% on you for doing that. I mean the opinion that those jobs don't exists isn't a stereotype for a reason. Students can get those jobs, but there most definitely aren't where they went to college typically. If you live in LA, Chicago, NYC; sure those could very well be viable career paths. In the middle of Idaho? Maybe you should reconsider who in Idaho is going to hire an artist outside of the small town that is their capital. Sometimes reality needs to bite people who are incapable of making goals long term.