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REPORT COPYRIGHT VIOLATION IN REPLY
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Message Subject
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I feel bad for millennials, they don't have a chance
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Poster Handle
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Anonymous Coward |
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Post Content
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As for the student loan racket (which is a valid point):
1. Generation X got suckered into that as well, and we don't bitch about it.
2. I want you to be real sure to blame the Left for it, because that's who runs the higher education "system." Be sure you have your facts straight about who created the nightmare.
Quoting: Anonymous Coward 3708203 The average cost of college in 2000 per year for a public school in the midwest was under 10,000 per year. 4 of college in the year 2000-2004 (end of GEN-X time frame) was about 50,000 maximum for public schools. While it's correct that the amount is not a low debt to incur, since 2000 the college loan debt per student per year has more than doubled to today. The average household income in 2004 was $55,629. The average household income in 2015 was $56,514. It's pretty simple to see that the earning potential and buying power decreases substantially when the median household income stays nearly flat for 11 years while the cost of college tuition increases 220% [ link to www.statista.com (secure)]
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