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> They all had nicer cars and more beer money than me until I graduated. It's not exactly surprising that someone working full time has a higher standard of li
by khuey 2y ago
> They all had nicer cars and more beer money than me until I graduated.
It's not exactly surprising that someone working full time has a higher standard of living than a college student. The question is what happens after graduation.
- deleted 2y ago[deleted]
- acdha 2y agoPartially: that’s the perfectly rational position but … how many teenagers did you know who carefully planned the game-theoretical optimum for their life? The guy who got a scholarship to MIT is doing that but public policy has to think more about how the 50th percentile person is doing and I think that’s where what you see around you matters more: someone academically driven or who grew up comfortably with professional class parents has the cultural preparation to stick with it but someone who has non-stellar grades, needs to juggle work and school, is thinking regularly about how many years of their parents’ annual income their student debt translates into – that’s who’s likely to give up.