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So, in that case, that's like a quarter of a million dollar loss (based on the article's figures) just on the housing portion of college alone. How does one eve

So, in that case, that's like a quarter of a million dollar loss (based on the article's figures) just on the housing portion of college alone. How does one ever recover from the financial hit? Especially if we assume that the cost of housing continues to climb like it has (maybe not, but let's go with it for the sake of discussion). The person who didn't go to college and bought a home instead will be likely end up half a million dollars or more richer without lifting a finger. I suppose you're going to college because you don't already have the basic life skills to figure that out.

mrguyorama 3y ago
>The person who didn't go to college and bought a home instead What fairytale land do you live in that a high school graduate can purchase a home?
- randomdata 3y ago
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- trealira 3y ago
  Yes, it's more like "the person who went to a state or community college and lives in their parents' house, commuting to save money." Not spending money on housing already cuts down a lot on the money spent on college.
- hansvm 3y ago
  Back when I was debating between buying a triplex and ending my gap year, that fairytale land was the northern Twin Cities suburbs. Looking at current stats, a pizza driver could still do that today (working 60+hr/week since you can't get ahead of rent on a reasonable timescale otherwise, saving for 1yr if you go with a low-down FHA loan, 2 if you need 20% down). It's not ideal, and if that high school student has a kid or anything it won't be an option, but a 4/15 schedule still left me with a 3-day weekend, a full night's sleep, and I just cruised around listening to the radio and eating free pizza. It wasn't harder than college by any means.
  - randomdata 3y ago
    And if pizza delivery doesn't pay, one can always become a software developer. Lots of people do that job while still in high school.
    - hansvm 3y ago
      Yep, definitely. I called it out as an option because of firsthand experience and because 90+% of HS grads are definitely qualified.
      - deleted 3y ago
        [deleted]
      - randomdata 3y ago
        > 90+% of HS grads are definitely qualified. Oh? While ~90% of the adult population in the US have a driver's license (data is lacking for the high school grad subset, but likely similar), I doubt a significant number of high school grads on the older end of the spectrum are any longer qualified to work 60+ hour weeks. ~25% of the adult population are elderly (again, likely similar for HS grads). In fairness, I expect you are meaning recent grads. The kids today, however, have really backed away from driving. Only 60% of those 18 years of age in the US have a driver's license. Without that, you are definitely not qualified. 90+% among recent HS grads appears impossible. I concede you may have been envisioning them delivering pizza on a bicycle. But "driver" in this context usually refers to operation of licensed motor vehicles.

mrguyorama 3y ago

>The person who didn't go to college and bought a home instead What fairytale land do you live in that a high school graduate can purchase a home?

randomdata 3y ago
[dead]
trealira 3y ago
Yes, it's more like "the person who went to a state or community college and lives in their parents' house, commuting to save money." Not spending money on housing already cuts down a lot on the money spent on college.
hansvm 3y ago
Back when I was debating between buying a triplex and ending my gap year, that fairytale land was the northern Twin Cities suburbs. Looking at current stats, a pizza driver could still do that today (working 60+hr/week since you can't get ahead of rent on a reasonable timescale otherwise, saving for 1yr if you go with a low-down FHA loan, 2 if you need 20% down). It's not ideal, and if that high school student has a kid or anything it won't be an option, but a 4/15 schedule still left me with a 3-day weekend, a full night's sleep, and I just cruised around listening to the radio and eating free pizza. It wasn't harder than college by any means.
- randomdata 3y ago
  And if pizza delivery doesn't pay, one can always become a software developer. Lots of people do that job while still in high school.
  - hansvm 3y ago
    Yep, definitely. I called it out as an option because of firsthand experience and because 90+% of HS grads are definitely qualified.
    - deleted 3y ago
      [deleted]
    - randomdata 3y ago
      > 90+% of HS grads are definitely qualified. Oh? While ~90% of the adult population in the US have a driver's license (data is lacking for the high school grad subset, but likely similar), I doubt a significant number of high school grads on the older end of the spectrum are any longer qualified to work 60+ hour weeks. ~25% of the adult population are elderly (again, likely similar for HS grads). In fairness, I expect you are meaning recent grads. The kids today, however, have really backed away from driving. Only 60% of those 18 years of age in the US have a driver's license. Without that, you are definitely not qualified. 90+% among recent HS grads appears impossible. I concede you may have been envisioning them delivering pizza on a bicycle. But "driver" in this context usually refers to operation of licensed motor vehicles.