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Interestingly, there's nothing particularly novel about investing in a person's early career to reap late-career rewards. In America, it used to be that parent
by caseyross 5y ago
Interestingly, there's nothing particularly novel about investing in a person's early career to reap late-career rewards.
In America, it used to be that parents and employers would invest a lot of money in raising and training young adults, respectively. But more and more, there's less money available to support these programs.
Given this situation, it makes sense that early-career people would have to look elsewhere for people willing and able to invest in them.
- robocat 5y ago> there's less money available to support these programs Incorrect. “Since 1980, college tuition and fees are up 1,200%, while the Consumer Price Index (CPI) for all items has risen by only 236%.” https://www.visualcapitalist.com/rising-cost-of-college-in-u-s/ https://www.visualcapitalist.com/rising-cost-of-college-in-u...
- darkerside 5y agoAnd with the amount of federal and state dollars going into scholarships and loans, it's hard to say with a straight face that society isn't directly funding its most promising youth.