jerseyshorejohnny
Well-known member
From The Wall Street Journal
http://online.wsj.com/article/SB100...01429782.html?mod=WSJ_hps_MIDDLE_Video_second
http://online.wsj.com/article/SB100...01429782.html?mod=WSJ_hps_MIDDLE_Video_second
You Paid For College How ?
- Thread starter jerseyshorejohnny
- Start date
PETER PAN: Are you ready for today's lesson?
ALL: Yes, Peter!
PETER PAN: Listen to your teacher. Repeat after me:
I won't grow up
(I won't grow up)
I just want to go to class
(I just want to go to class)
And then when I go to potty
(And then when I go to potty)
Have my mommy wipe my ass
(Have my mommy wipe my ass)
If growing up means I must leave
my parents basement
Then I've been deceived
I'll never grow up,
never grow up,
never grow up
Not me!
Not I,
Not me!
Not me!
I won't grow up
(I won't grow up)
I don't want to get a job
(I don't want to get a job)
Cause life is really scary
(Cause life is really scary)
And I'm just a lazy slob
(And I'm just a lazy slob)
If growing up means I must take
responsibility
for goodness sake
I'll never grow up,
never grow up,
never grow up
Not me!
Not I,
Not me!
Fun what are you 70 years old? I love when geriatrics think they know what life is like for 20 somethings these days. Dating is totally different, the economy is totally different, college costs as much as a house now, high school diplomas, BA's, and Associate's degrees mean nothing, it's harder to get into college in the first place due to many more people applying, half of the marriages end in divorce etc. You haven't the faintest clue as implied by your posts.
Are you some disgruntled comedy tour reject? Did they say, "Thank you, but we will call you"? You are really leading me to think so. I wish Mr. "Fun" could be young again and see how "easy" it is these days.
Are you some disgruntled comedy tour reject? Did they say, "Thank you, but we will call you"? You are really leading me to think so. I wish Mr. "Fun" could be young again and see how "easy" it is these days.
I just finished my MBA today (thank goodness!). My company pays $7,500 a year until tuition is paid. I haven't looked, but probably have $40k in loans. As long as they don't lay me off I should be fine. Even if they do, it'll be a manageable amount to pay off. If I get a better offer and move on then hopefully the pay will make it worthwhile to leave with the balance of my loans (I'm not on the hook to stay, and they aren't on the hook to pay if I leave).
I have friends that did fulltime MBAs at top 20 schools. I was with them one night and they were toasting to be over $100k in debt. The one girl had an MBA and JD from two different top 20 schools and ran up probably $200k in debt. She wound up landing a pretty high paying lawyer gig and is now in-house at an Ibank, so I guess she wouldn't complain.
Still scares me to think people are running such large debt loads. When my sister looked at school 6 years ago I remember Northeastern was about $40k a year. Not Northwestern, but Northeastern. Can anyone justify $160k for a NE degree?
I have friends that did fulltime MBAs at top 20 schools. I was with them one night and they were toasting to be over $100k in debt. The one girl had an MBA and JD from two different top 20 schools and ran up probably $200k in debt. She wound up landing a pretty high paying lawyer gig and is now in-house at an Ibank, so I guess she wouldn't complain.
Still scares me to think people are running such large debt loads. When my sister looked at school 6 years ago I remember Northeastern was about $40k a year. Not Northwestern, but Northeastern. Can anyone justify $160k for a NE degree?
Good grief, stop blubbering you big girl's blouse. A hundred years ago most people didn't have electricty or indoor plumbing. In 1918 the flu - the flu! - killed 40 million people. At the beginning of the 20th century the average life expectancy was 30 years. Since then there've been 2 world wars, a depression, a variety of holocausts, an atomic bombing, the cold war, Korea, Vietnam, Rwanda, Bosnia, AIDS, and Flock of Seagulls. And here you are whinging about how onerous it is that you have to accept a government hand out to forestall your adulthood for another 4 years. In reality all you're really saying is that if you had to pay rent you'd have to live in a manner other than that to which you've become accustomed living with mommy and daddy: instead of spending your allowance on an Ipod, a cell phone, an X box, and a netflix subscription you'd have work at a job and spend your income on lodging and food and that's a sacrifice you're not willing to make. Fine. But make no mistake: you belong the most coddled, the most entitled, and most especially the stupidest generation in the history of the universe. That you don't understand that is merely another triumph of the American educational system. The most fitting punishment I can think of is that you get four more years of it.
Part of your post rings true for all ages. I just had an argument with a friend the other day who is having financial problems. I told him to dump the freaking internet phones for him and his wife and their kids and to drop the HBO package and he'd save over a grand a year just on that. ( I realize I might be the only one here who does this but I refuse to pay for internet on my phone and I don't have hbo either )
Anyway he said they couldn't do without them but he couldn't give me a reason why. Unf'ing believable
Class of 72
Active member
When I was your age girls hadn't started waxing completely yet so I don't have any sympathy for you on this
I hear you MJ!!!
I dated a girl in the early 70's and the biacth would only wax half my car!!
Now, girls are so freaking big that they can do 3 cars in an afternoon!!
Class of 72
Active member
Tell that to Mark Zuckerberg.
My mom and dad inherited a world where they hoped for a job....any job! Most did not go to college, heck, immigrant parents hardly went to high school. A factory job was a luxury.
The world was always full of uncertainties as you know OTIS. However, this UnderArmor, under 30 generation has not had to worry about getting drafted to serve in the military and sent to Korea or Vietnam. They are more likely to lease an automobile rather than borrow dads at a cost equivalent to the monthly payment of their student loan, they are more likely to "vacation" at Club Merde with their "live in" girlfriend and they are more likely to have mom pay $120 monthly for their IPhone4 bill.
Every generation has made the same complaint and the future ones will do the same.
Class of 72
Active member
I would have added, after A Flock of Seagulls, the advent of hip-hop and rap music which has done as much as the corrupt Wall Street bankers to fleece an entire generation of their hard-earned money. Yes, this generation has made Sean "Diddy", 50 Cent, Ludacris, Dr. Dre and many other street scum multi-millionaires, while these white college frat boys blast that garbage hate music all the way to the unemployment line in their leased Lexus.
America, America, where 107,000 football fans will still fill Beaver Stadium to watch D2 level football, where Indian and Chinese doctors staff our clinics, where they are assisted by Filipino and Jamaican nurses, where every Dunkin Donut and 7 Eleven is owned by a Pakistani, America, America..........where have you gone???
Same answer as always, in to the hands of newer immigrant entrepreneurs who are willing to pay the same price your parents and my parents paid. The old maxim was always to look at the ehtnicity of who was dominating boxing and you would see the new striving immigrants, (probably affected by average size and thus boxing weight division).
I don't want to keep dumping on that guy and the arguments preceding mine have been right on target. but allow me to demonstrate a way to pay for everything.
My parents had no money, barely enough to provide essentials and even then it was day to day. So what I did was work two jobs while attending school at Schemerhorn St., and then half way through, joining the armed services for three years and saving up so I could continue when I got out to finish. Worked for 8 years and then got my MBA, worked for another 5 years and got another MBA specialization to start another career. There is a ton of sacrifce; and you learn to live with very little. I do not want any pats on the back and I never, never preach to my kids or other young people and I hate braggarts and chest pounders. But you have to establish yourself; as the Chinese say, everyone chooses their own path.
In his humorous and sarcastic way, Fun hit the target dead center. You have to grow up young man; it is absolutely essential that you get out of your parents home asap. You will regret it for the rest of your life.
My parents had no money, barely enough to provide essentials and even then it was day to day. So what I did was work two jobs while attending school at Schemerhorn St., and then half way through, joining the armed services for three years and saving up so I could continue when I got out to finish. Worked for 8 years and then got my MBA, worked for another 5 years and got another MBA specialization to start another career. There is a ton of sacrifce; and you learn to live with very little. I do not want any pats on the back and I never, never preach to my kids or other young people and I hate braggarts and chest pounders. But you have to establish yourself; as the Chinese say, everyone chooses their own path.
In his humorous and sarcastic way, Fun hit the target dead center. You have to grow up young man; it is absolutely essential that you get out of your parents home asap. You will regret it for the rest of your life.
Fun is about as disconnected from reality for people my age these days as Donald Trump is from a poor African village. The jobs are simply not there. The economy is so bad that qualified people are forced to either take ridiculously low paying jobs usually meant for lower skilled workers, or stay unemployed. You guys are acting like it's laziness...it's not. Our generation is the most educated in the HISTORY of our nation. Getting a Master's these days is very common and a BA is now as routine as the sun rising each day. Some jobs now are pushing to ONLY hire Ph.D students! In your day Fun, you could roll out of bed and be handed a solid job right out of high school. Today you would be in poverty trying to do the same. You are simply up in your ivory tower...you are not in touch at all. This is not just our generation whining how we have it harder by the way...people in your generation know what I'm saying is true.
So please explain to me...how one is supposed to afford at least $1,000+ rent/month, car insurance, utilities, food, gas, doctor visits, taxes, oil, cell service, $100k+ in student loans, etc. while going to graduate school setting you back another $60k+ and only being able to work jobs that pay about $10-15 per hour if you even get the job in the first place? Also, there just isn't enough time in the day to work anyway when you are in school full time. My uncle said it best..."Back in my day, I paid off all my student loans with a crappy summer job". Today? Not possible. There is a CRISIS because of debt and you act like it's laziness that kids NEED to stay home? There's a huge difference between being forced to stay home and being lazy. Learn it you fool.
So please explain to me...how one is supposed to afford at least $1,000+ rent/month, car insurance, utilities, food, gas, doctor visits, taxes, oil, cell service, $100k+ in student loans, etc. while going to graduate school setting you back another $60k+ and only being able to work jobs that pay about $10-15 per hour if you even get the job in the first place? Also, there just isn't enough time in the day to work anyway when you are in school full time. My uncle said it best..."Back in my day, I paid off all my student loans with a crappy summer job". Today? Not possible. There is a CRISIS because of debt and you act like it's laziness that kids NEED to stay home? There's a huge difference between being forced to stay home and being lazy. Learn it you fool.
