4 ms·
This really needs a time frame. $25k in a big city means different things depending on era. The curves of wage growth, cost of living, and wealth disparity didn
by mkr-hn 5y ago
This really needs a time frame. $25k in a big city means different things depending on era. The curves of wage growth, cost of living, and wealth disparity didn't start to diverge so wildly until the 2000s. This took a lot of people by surprise and people whose experiences diverge by era aren't always aware of how quickly things changed for other people.
Someone who graduated in 2005 will often have a completely different experience from someone who graduated in 2008 or 2009. People who haven't had to look for a job since the '80s are especially befuddled to learn "ask for the manager" leads to "there's an online application kiosk by the door, go there." Usually along with "we don't have any openings, but we keep it on file for 6 months!"
- alecst 5y agoI graduated college in 2012, grad school the following 6 years.