I feel bad for millennials, they don't have a chance | |
TheToolMan User ID: 71489331 United States 04/20/2017 11:01 AM Report Abusive Post Report Copyright Violation | |
javierruizleon User ID: 68049494 United States 04/20/2017 11:02 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 74189916 United States 04/20/2017 11:05 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward (OP) User ID: 3975992 United States 04/20/2017 11:05 AM Report Abusive Post Report Copyright Violation | My 3 millennials were homeschooled, then went to trade school(Welder, Electrician, and Nurse). All is not lost. Quoting: javierruizleon This is a huge exception to the trends that need to be communicated to the public high schools across the country. There is way too much emphasis on college prep and essentially none on the trade crafts. This would go a along way toward correcting our issues, along with drastically reducing college tuition prices somehow. |
Anonymous Coward User ID: 74189916 United States 04/20/2017 11:05 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 74726551 United States 04/20/2017 12:19 PM Report Abusive Post Report Copyright Violation | Complete bullshit. My daughter has been working two jobs and going to school. She will graduate this year with an accounting degree. We didn't help her with one dime. She is debt free. No loans. She now only works one job. She just got a great job at a major banking institution. Excuses are for losers action is for winners. |
Anonymous Coward User ID: 71692700 United States 04/20/2017 12:21 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 22015128 United States 04/20/2017 12:28 PM Report Abusive Post Report Copyright Violation | I pretty much agree with the OP except on two points. 1. IT jobs don't pay that much anymore, unless you have LOTS of experience and GREAT skill at it. Someone fresh out of college is lucky to get a 30k a year job in IT. I have an IT degree and started at 25k in a tech support position at a public school. 2. Marriage isn't an option for a lot of people. Unless you are attractive and wealthy, most girls (at least the white ones) are untouchable. I'm neither and I've literally made chicks gag by smiling at them. No I don't live with my parents but I live in a shitty apartment with water damage and drive a shitty 15 year old car that I inherited from my grandmother. I don't have the income to upgrade either. I don't have a criminal record, never did drugs, did fairly well in school and got a college degree, and I'm over-worked and underpaid at a job that requires skilled labor. I have no prospects and no way to upgrade my standard of living. The "American Dream" is dead. Dead. Dead. |
Anonymous Coward User ID: 74606515 United States 04/20/2017 12:37 PM Report Abusive Post Report Copyright Violation | I pretty much agree with the OP except on two points. Quoting: Anonymous Coward 22015128 1. IT jobs don't pay that much anymore, unless you have LOTS of experience and GREAT skill at it. Someone fresh out of college is lucky to get a 30k a year job in IT. I have an IT degree and started at 25k in a tech support position at a public school. 2. Marriage isn't an option for a lot of people. Unless you are attractive and wealthy, most girls (at least the white ones) are untouchable. I'm neither and I've literally made chicks gag by smiling at them. No I don't live with my parents but I live in a shitty apartment with water damage and drive a shitty 15 year old car that I inherited from my grandmother. I don't have the income to upgrade either. I don't have a criminal record, never did drugs, did fairly well in school and got a college degree, and I'm over-worked and underpaid at a job that requires skilled labor. I have no prospects and no way to upgrade my standard of living. The "American Dream" is dead. Dead. Dead. why stick around then? why not just cruise around and look at stuff? It's way healthier than sitting there doing tech support for assholes who don't even care. if you're just yourself, it's way easy to live free and just sleep outside - thermarest/tent/sleeping bag - off you go. pick up an instrument. stand on a corner and make a complete fool of yourself - what do you have to lose? I'm telling you people love it when you act the freak - if women gag at you anyay then you don't have to worry ac. you do you. the women are never happy no matter how rich you are |
Anonymous Coward User ID: 22015128 United States 04/20/2017 12:40 PM Report Abusive Post Report Copyright Violation | I pretty much agree with the OP except on two points. Quoting: Anonymous Coward 22015128 1. IT jobs don't pay that much anymore, unless you have LOTS of experience and GREAT skill at it. Someone fresh out of college is lucky to get a 30k a year job in IT. I have an IT degree and started at 25k in a tech support position at a public school. 2. Marriage isn't an option for a lot of people. Unless you are attractive and wealthy, most girls (at least the white ones) are untouchable. I'm neither and I've literally made chicks gag by smiling at them. No I don't live with my parents but I live in a shitty apartment with water damage and drive a shitty 15 year old car that I inherited from my grandmother. I don't have the income to upgrade either. I don't have a criminal record, never did drugs, did fairly well in school and got a college degree, and I'm over-worked and underpaid at a job that requires skilled labor. I have no prospects and no way to upgrade my standard of living. The "American Dream" is dead. Dead. Dead. why stick around then? why not just cruise around and look at stuff? It's way healthier than sitting there doing tech support for assholes who don't even care. if you're just yourself, it's way easy to live free and just sleep outside - thermarest/tent/sleeping bag - off you go. pick up an instrument. stand on a corner and make a complete fool of yourself - what do you have to lose? I'm telling you people love it when you act the freak - if women gag at you anyay then you don't have to worry ac. you do you. the women are never happy no matter how rich you are I'm not about to give up what little I have and become a hobo. I was lucky to get this job! Right out of college I went back to my job flipping burgers because I needed the income. It took 6 months and dozens of resumes to get a job in my field. I was willing to take anything, as long as it was IT. There just isn't much available right now, so I'm making do with what I have. Sorry I can't just throw it all away and act the fool. |
Anonymous Coward User ID: 15320663 United States 04/20/2017 12:44 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 66544615 United States 04/20/2017 12:47 PM Report Abusive Post Report Copyright Violation | I experienced the same thing as gen X. Paying for a college scam I fell for growing up poor and being told by fucking everyone I wouldn't be shit without college. Made the deans list several times. Had work published the school. Woopty shit. I got skills and now I'm well over a huge down payment on a house in debt, I am self employed doing what I went to school for and I have a bunch of cheap skate multi millionaire clients. Although my biggest money skill was not learned by college. What a fucking scam. Fuck everyone getting kids sucked into that rich mans trick. |
Joe Camel User ID: 74496617 United States 04/20/2017 12:51 PM Report Abusive Post Report Copyright Violation | . The best thing for millennials would be for North Korea for EMP the continental US and knock every electronic device offline. Why learn to be self-sufficient when you have Netflix, Youtube, porn and a smartphone to distract you from the reality of Life?! . - Even if you don't take an interest in Politics, eventually Politics is going to take an interest in you. _ |
Anonymous Coward User ID: 42423409 United States 04/20/2017 12:54 PM Report Abusive Post Report Copyright Violation | Your scenario is a bit shortsighted. I mean it does describe pretty well the "situation" but there are many more ways you can be creative and make that situation better. For one, he could go in with a couple buddies and rent a 3 bedroom apartment maybe for $1500 lets say and knock rent down to $500/month. Student loans can be deferred due to hardship or payments based on income. Yes, I know it's not going to make them go away faster or anything but it can buy you time as you build your career. And what about a 2nd job? Is it really too much to ask someone to take on a part time night job like bartending or serving a few nights a week to make some extra cash. I did this at that age and could easily make another $2k/month. I think the point is that you need to be more creative at that age to make ends meet, but it is doable. |
Anonymous Coward User ID: 8861716 United States 04/20/2017 12:54 PM Report Abusive Post Report Copyright Violation | |
DRGONZO User ID: 15337166 United States 04/20/2017 12:58 PM Report Abusive Post Report Copyright Violation | The Millenials will be the first demographic to "self cull" in any sort of survival situation... Once the lights go out and their smart phone goes down they'll realize there isnt a free downloadable app for "How to live self sufficiently" They will turn on each other first, then DEMAND the .gov take care of their "needs" When this fails they will believe they are entitled to your preps.. because, "feels" Be warned! |
Anonymous Coward User ID: 73627071 United States 04/20/2017 12:58 PM Report Abusive Post Report Copyright Violation | Class of 09 went to culinary school forn6 months aboutt 3700. Nownafyer this yearsbtax return i only have about 700$ left after yhem taking it away. I work a job paid cash and people tell me to file uneployment lol wtf world are we lovin in man glad im not 90.000 in the hole |
Anonymous Coward User ID: 74666741 United States 04/20/2017 01:00 PM Report Abusive Post Report Copyright Violation | Only a fool would spend 120 grand to get a job that pays on average 10% more. You don't need a degree.. Educate yourself. Most of the "educated" would be shocked to know cutting grass pays well over 40k. Driving a truck local... easy 50k. Want to make some real cash? Paint houses or build decks. 80-100 easy. All the stats you see are bullshit. They include all the stupid dumb asses that can't do more than say "Do you want fries with that?" If your halfway intelligent, don't drink too much, and show up. You can be a top local contractor in most areas in less than 3 years pulling in 6 figures. |
Anonymous Coward User ID: 74709229 United States 04/20/2017 01:00 PM Report Abusive Post Report Copyright Violation | |
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Anonymous Coward User ID: 71587581 United States 04/20/2017 01:02 PM Report Abusive Post Report Copyright Violation | I've noticed a scenario lately that seems to be getting worse each year for our young people: It has become nearly impossible to get a good job and be "well-off" self sufficient as a millennial without having well-off parents before you. Quoting: Anonymous Coward 3975992 Consider this - A white male is 22 years old today. His parents had no money in savings. He wanted to go to college, but the only way to do it was student loans or working. The average cost of living on campus at a 4 year public school in a typical mid-western state is about 22,300 per year, taking on campus living with meal plan and books into account. So he took out student loans, to the tune of about 90,000 over 4 years. He graduated at 22, didn't find a girl at school to marry so he's on his own for now. Because he wasn't a minority or had any sort of disability, he had no assistance in his school cost. He starts to look for a job. He must find one within 6 months of graduating to begin paying back his student loan. Because he had no credit and because his parent had no money, the interest rate on the loan is 6% (this is pretty standard and sometimes much worse). He will pay $1000 a month when the repayment starts. In his job search for a good paying blue color job (40k+ to start), he comes across multiple applications that require a facebook profile link and a linked in profile link. If he doesn't have a Facebook or linked in, he isn't getting hired. If he has it all private, he isn't getting hired. If he has too many pictures and stories of his college days, he isn't getting hired. If he has made comments about how much he supported trump during the campaign that are easily found via a google name search, he isn't getting hired. He finally finds a job in information technology, which he studied at school. He starts off with no experience and is making 45k a year, or about 3900 a month. After taxes and health insurance, he's bringing home about $2600 a month. $1000 of that is gone to student loans. That leaves $1600 a month. He needs to look presentable and purchases a decent used car for $12,000. That costs him $200 a month, down to $1400 left. Add car insurance at $100 a month, $1300 left. He needs to eat, so $150 minimum per month to not be down to bare bones. $1150 a month left. He needs a place to live of course and finds a decent apartment in a good neighborhood, which will cost $900 a month, plus renters insurance, which is $100 a month. Down to $150 left. Interested in savings some cash? Going out with some friends occasionally? Purchasing a few entertainment items or furnishing items? Forget it. The only option left is to get a credit card and start racking up debt on it, which will will be hard to pay down or off without a significant raise. So what are the options? First, the young man could have skipped college and the student loans. This would save him a significant expense over the next 10-15 years that amounts to 120k worth of debt that was never taken on. Second, he could get married. While this potentially doubles the loan debt if the person he marries is in the same boat, it could also allow a cut to living expenses and such in half, making it at least a little easier. Third (the most popular option), he could move back in with his parents. It would take several years to build up funds that aren't used toward housing and insurance, but at least he wouldn't be flat broke at all times. Fourth, he could attempt to make it on his own as described above and basically be broke all the time. There is a great chance his student loans will go into default as he finds it a burden to pay them each month, and the cycle of debt begins, with no ability to remove them from bankruptcy. Fifth, he could have been born to well-off parents. If his parents could have paid for his college tuition, he would be in much better shape. In conclusion, for those of you that say millennials are babied and coddled, entitled, and doing this to themselves, think about how many millions of people right now from 22-34 or so are in this boat. There is a reason the student loan debt bubble is so huge now. The only chance they really have is to either be smart enough not to take student loan debt, even if it costs them jobs at large firms that essentially now all REQUIRE a degree, or they must have been born to a rich family. It's such a shame we are doing this to an entire generation of kids, but it's going to make the next 30 years or so a real challenge for us all when the next great recession hits because of it, only this time no one will have the funds to "buy our way out of it." All of this is true. What you did't say is as important as what you said though. Having been brainwashed all their young lives with ideas that make stable relationships unlikely, and a culture of over-sensitivity, perpetual grievances, lack of self responsibility and learned helplessness, seal the deal. Making recovery from the nearly insurmountable obstacles they have to face even more unlikely. Truly a lost generation... |
Anonymous Coward User ID: 48466641 United States 04/20/2017 01:07 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 74726827 United States 04/20/2017 01:07 PM Report Abusive Post Report Copyright Violation | I pretty much agree with the OP except on two points. Quoting: Anonymous Coward 22015128 1. IT jobs don't pay that much anymore, unless you have LOTS of experience and GREAT skill at it. Someone fresh out of college is lucky to get a 30k a year job in IT. I have an IT degree and started at 25k in a tech support position at a public school. 2. Marriage isn't an option for a lot of people. Unless you are attractive and wealthy, most girls (at least the white ones) are untouchable. I'm neither and I've literally made chicks gag by smiling at them. No I don't live with my parents but I live in a shitty apartment with water damage and drive a shitty 15 year old car that I inherited from my grandmother. I don't have the income to upgrade either. I don't have a criminal record, never did drugs, did fairly well in school and got a college degree, and I'm over-worked and underpaid at a job that requires skilled labor. I have no prospects and no way to upgrade my standard of living. The "American Dream" is dead. Dead. Dead. So you're a fat fuck? Get off your fat ass. You see street apes with beer bellies? No. They are ripped as shit because they play B-ball all day. You sit on your fat ass, come home jerk off to porn, drink a 6 pack, eat your microwave dinner and go to bed to work the next day for the same old tired shit. Fuck that. Get off your ass, get yourself a six pack of ABS and you'll see more pussy than a gynecologist. Sex will do you good. |
Proud Trump Supporter User ID: 43575835 United States 04/20/2017 01:07 PM Report Abusive Post Report Copyright Violation | Our millennial said the same thing. However she lives at home to go to college and her tuition is less then $1,500 a semester, plus her books. We foot the bill. She's not racking up debt because it gets paid as she goes. She is also exceptionally frugal buying her books secondhand and just purchases food. So aside from her gas that's pretty much it for her expenses. She's down to earth and practical. I think student loans are a trap and often see student spend this money on other things other then school. If they really were smart about finances they would live at home or with a relative while attending college. We were discussing this earlier this morning of how difficult it is for this generation just to do what we did when we were young. The cost of living, housing, insurance, car and even food is out of sight. All of her cousins who have graduated from High School (California, Utah, Florida and Tennessee) live at home or with relatives because they can't financially make it on their own either with such low paying jobs and high cost of living. I don't see them breaking out until they hit around 30. Many of our generation was out of the house by the time we were 19. There were lots of jobs to be had that easily covered the cost of living. Those jobs have been outsourced to other countries. This is why I think the tiny homes where people can just move them where they move is an ongoing emerging trend. In addition.. I've noticed that all of the cousins are non-materialistic as well. They tend to be more into electronics then things. It seems they're so many complicated financial challenges for them these days. Last Edited by Proud American Supporter on 04/20/2017 01:19 PM The truth is incontrovertible. Malice may attack it, ignorance may deride it, but in the end, there it is. Winston Churchill Daily Updates Thread: ASS IS IN THE WRINGER - Rolling Updates from 11/16/20 to present (Page 316) |
Anonymous Coward User ID: 73262077 United States 04/20/2017 01:12 PM Report Abusive Post Report Copyright Violation | Dropped out of High School... Did drugs throughout my 20's... Finally found my niche at 30... Now make about 60k per year. Married a great woman, not the most attractive. We make a combined 90k... We are still relatively poor because in the most expensive state. |
Anonymous Coward User ID: 73130123 United States 04/20/2017 01:17 PM Report Abusive Post Report Copyright Violation | I've noticed a scenario lately that seems to be getting worse each year for our young people: It has become nearly impossible to get a good job and be "well-off" self sufficient as a millennial without having well-off parents before you. Quoting: Anonymous Coward 3975992 Consider this - A white male is 22 years old today. His parents had no money in savings. He wanted to go to college, but the only way to do it was student loans or working. The average cost of living on campus at a 4 year public school in a typical mid-western state is about 22,300 per year, taking on campus living with meal plan and books into account. So he took out student loans, to the tune of about 90,000 over 4 years. He graduated at 22, didn't find a girl at school to marry so he's on his own for now. Because he wasn't a minority or had any sort of disability, he had no assistance in his school cost. He starts to look for a job. He must find one within 6 months of graduating to begin paying back his student loan. Because he had no credit and because his parent had no money, the interest rate on the loan is 6% (this is pretty standard and sometimes much worse). He will pay $1000 a month when the repayment starts. In his job search for a good paying blue color job (40k+ to start), he comes across multiple applications that require a facebook profile link and a linked in profile link. If he doesn't have a Facebook or linked in, he isn't getting hired. If he has it all private, he isn't getting hired. If he has too many pictures and stories of his college days, he isn't getting hired. If he has made comments about how much he supported trump during the campaign that are easily found via a google name search, he isn't getting hired. He finally finds a job in information technology, which he studied at school. He starts off with no experience and is making 45k a year, or about 3900 a month. After taxes and health insurance, he's bringing home about $2600 a month. $1000 of that is gone to student loans. That leaves $1600 a month. He needs to look presentable and purchases a decent used car for $12,000. That costs him $200 a month, down to $1400 left. Add car insurance at $100 a month, $1300 left. He needs to eat, so $150 minimum per month to not be down to bare bones. $1150 a month left. He needs a place to live of course and finds a decent apartment in a good neighborhood, which will cost $900 a month, plus renters insurance, which is $100 a month. Down to $150 left. Interested in savings some cash? Going out with some friends occasionally? Purchasing a few entertainment items or furnishing items? Forget it. The only option left is to get a credit card and start racking up debt on it, which will will be hard to pay down or off without a significant raise. So what are the options? First, the young man could have skipped college and the student loans. This would save him a significant expense over the next 10-15 years that amounts to 120k worth of debt that was never taken on. Second, he could get married. While this potentially doubles the loan debt if the person he marries is in the same boat, it could also allow a cut to living expenses and such in half, making it at least a little easier. Third (the most popular option), he could move back in with his parents. It would take several years to build up funds that aren't used toward housing and insurance, but at least he wouldn't be flat broke at all times. Fourth, he could attempt to make it on his own as described above and basically be broke all the time. There is a great chance his student loans will go into default as he finds it a burden to pay them each month, and the cycle of debt begins, with no ability to remove them from bankruptcy. Fifth, he could have been born to well-off parents. If his parents could have paid for his college tuition, he would be in much better shape. In conclusion, for those of you that say millennials are babied and coddled, entitled, and doing this to themselves, think about how many millions of people right now from 22-34 or so are in this boat. There is a reason the student loan debt bubble is so huge now. The only chance they really have is to either be smart enough not to take student loan debt, even if it costs them jobs at large firms that essentially now all REQUIRE a degree, or they must have been born to a rich family. It's such a shame we are doing this to an entire generation of kids, but it's going to make the next 30 years or so a real challenge for us all when the next great recession hits because of it, only this time no one will have the funds to "buy our way out of it." Nothing has changed in 25 years. You described me when I graduated. You know what I did? I worked two jobs and had no life. I was a delivery driver and a cashier for the first two years. While all my friends partied and worked for family, I was buying used clothes and eating ramen. I worked my way up as a driver because I was college educated and quit the other job after two years and became the head dispatcher. Still nothing to brag about but I didn't bitch. Eventually got into home inspections then building homes. The millennials will be just fine as long as they work at something. If you think washing dishes is beneath you, then nothing will help you. |
Anonymous Coward User ID: 74727223 United Kingdom 04/20/2017 01:32 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 35343996 United States 04/20/2017 01:36 PM Report Abusive Post Report Copyright Violation | Complete bullshit. My daughter has been working two jobs and going to school. She will graduate this year with an accounting degree. We didn't help her with one dime. She is debt free. No loans. She now only works one job. She just got a great job at a major banking institution. Excuses are for losers action is for winners. Quoting: Anonymous Coward 74726551 much easier for women now. men are up shit's creek without resources. |
Anonymous Coward User ID: 35343996 United States 04/20/2017 01:38 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 74008706 United States 04/20/2017 01:57 PM Report Abusive Post Report Copyright Violation | The Millenials will be the first demographic to "self cull" in any sort of survival situation... Quoting: DRGONZO Once the lights go out and their smart phone goes down they'll realize there isnt a free downloadable app for "How to live self sufficiently" They will turn on each other first, then DEMAND the .gov take care of their "needs" When this fails they will believe they are entitled to your preps.. because, "feels" Be warned! A lot of millennials are hoping for exactly that end. They see no future under this system. They will be the first generation to happily self-cull. Millions of millennials are in their parents' basement right now patiently waiting to die. Many millennials hope old folks will suffer as they cling to life in the post-apocalyptic world, complaining to each other about how the now-dead millennials refused to help them pump toxic water from the river. |