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I turned 50, you hit middle age and then there's a huge negative wall of discrimination. This layoff hit me after I had been unemployed in the same year so I go

I turned 50, you hit middle age and then there's a huge negative wall of discrimination. This layoff hit me after I had been unemployed in the same year so I got no unemployment. I had moved in with my mom to help her during covid so I have been basically turned back into a child after having been forced to spend 478k for my education.

patrickthebold 4y ago
> having been forced to spend 478k for my education Go on...
darth_avocado 4y ago
Wow that’s a lot of money. Did you have master’s/post doc degrees?
- Kranar 4y ago
  No way, since any such degree wouldn't cost any money, instead it would pay you. Spending 500k on a degree is absolutely insane and indicates that there's a lot more to the story than what's being told. The only exception I can think of is if this person attended a top 10 university, like MIT, Harvard, Stanford, in which case they likely have nothing to worry about.
  - credit_guy 4y ago
    Not even that. Someone who is 50 now would have gone to MIT/Harvard/Stanford in the early-mid '90's. Tuition was not that high in those times, maybe $25k/year. Here's a quote from MIT [1] >Nine months' tuition for 1994-95 is $20,100. In addition, undergraduate room and board ranges from $4,530 to $6,075, with a standard of $5,975; actual costs depend on the student's housing and dining arrangements. Books, materials and personal expenses (including clothes, laundry, recreation and optional medical insurance, but excluding travel) are approximately $2,325. [1] http://web.mit.edu/resdev/www/facts95.html#Tuition%20 http://web.mit.edu/resdev/www/facts95.html#Tuition%20
    - deleted 4y ago
      [deleted]
  - labcomputer 4y ago
    That's true, but the opportunity cost of a PhD can easily reach 500k. The average PhD takes about 5 years, and is paid ~30k during that time. Most are talented enough to land a job a FAANG, so... do the math.
    - UncleEntity 4y ago
      What’s the opportunity cost of being a complete slacker for your whole life? Asking for a friend.
jesse__ 4y ago
I'm working on a team that's >50% 30+ year career engineers. It's the best team I've ever worked on by an enormous margin. I don't know how many dollars any of them spent on education, but I know everyone I work with has spent many tens of thousands of hours of their time practicing, working on, and becoming extremely good at what they do. I don't know anything about you, or your life, what field you work in, and I won't presume anything, but I would like to suggest that you may be encountering negativity due to an outlook that you 'have been basically turned back into a child', or were 'forced to spend 478k for [your] education'. ... Moving in with your aging mother to help her during a global pandemic does not turn you back into a child. I'll likely live with my mother again before she dies because I wouldn't want to live in a long-term-care home, so I won't put her though that. Similarly, having spent a small fortune on your education doesn't mean anything other than you're capable of, and have (or had) the means to, spend a bunch of money.
blindriver 4y ago
I'm in my 50s, I got 6 job offers in the last round of job interviews I had last year. I haven't felt the age discrimination yet, maybe at some point but hopefully I can retire before that.
- mixmastamyk 4y ago
  Am well employed currently, but haven't received six job offers in the last two decades combined. Consider yourself exceptional.
tnel77 4y ago
I don’t mean to be rude, how could you have possibly spent that much on your education?
- deleted 4y ago
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patrickthebold 4y ago

> having been forced to spend 478k for my education Go on...

darth_avocado 4y ago

Wow that’s a lot of money. Did you have master’s/post doc degrees?

Kranar 4y ago
No way, since any such degree wouldn't cost any money, instead it would pay you. Spending 500k on a degree is absolutely insane and indicates that there's a lot more to the story than what's being told. The only exception I can think of is if this person attended a top 10 university, like MIT, Harvard, Stanford, in which case they likely have nothing to worry about.
- credit_guy 4y ago
  Not even that. Someone who is 50 now would have gone to MIT/Harvard/Stanford in the early-mid '90's. Tuition was not that high in those times, maybe $25k/year. Here's a quote from MIT [1] >Nine months' tuition for 1994-95 is $20,100. In addition, undergraduate room and board ranges from $4,530 to $6,075, with a standard of $5,975; actual costs depend on the student's housing and dining arrangements. Books, materials and personal expenses (including clothes, laundry, recreation and optional medical insurance, but excluding travel) are approximately $2,325. [1] http://web.mit.edu/resdev/www/facts95.html#Tuition%20 http://web.mit.edu/resdev/www/facts95.html#Tuition%20
  - deleted 4y ago
    [deleted]
- labcomputer 4y ago
  That's true, but the opportunity cost of a PhD can easily reach 500k. The average PhD takes about 5 years, and is paid ~30k during that time. Most are talented enough to land a job a FAANG, so... do the math.
  - UncleEntity 4y ago
    What’s the opportunity cost of being a complete slacker for your whole life? Asking for a friend.

jesse__ 4y ago

I'm working on a team that's >50% 30+ year career engineers. It's the best team I've ever worked on by an enormous margin. I don't know how many dollars any of them spent on education, but I know everyone I work with has spent many tens of thousands of hours of their time practicing, working on, and becoming extremely good at what they do. I don't know anything about you, or your life, what field you work in, and I won't presume anything, but I would like to suggest that you may be encountering negativity due to an outlook that you 'have been basically turned back into a child', or were 'forced to spend 478k for [your] education'. ... Moving in with your aging mother to help her during a global pandemic does not turn you back into a child. I'll likely live with my mother again before she dies because I wouldn't want to live in a long-term-care home, so I won't put her though that. Similarly, having spent a small fortune on your education doesn't mean anything other than you're capable of, and have (or had) the means to, spend a bunch of money.

blindriver 4y ago

I'm in my 50s, I got 6 job offers in the last round of job interviews I had last year. I haven't felt the age discrimination yet, maybe at some point but hopefully I can retire before that.

mixmastamyk 4y ago
Am well employed currently, but haven't received six job offers in the last two decades combined. Consider yourself exceptional.

tnel77 4y ago

I don’t mean to be rude, how could you have possibly spent that much on your education?

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