generation limbo: 20-somethings today, debt, unemployment, the questionable value of a college education

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"COLLLEEEEEGGEEEEEE" *kegstand*

dayo, Saturday, 3 September 2011 23:44 (eight years ago) link

I'm not sure every freshman enters college with "better job prospects" as his number one motivator

maybe not but if 'better job prospects' didn't exist, the whole concept falls apart pretty fast. whereas people do go to schools without football teams. and without cute girls. people go to commuter schools w/ no social life.

iatee, Saturday, 3 September 2011 23:46 (eight years ago) link

sure, but lots of people take out loans to go to those third and fourth tier 'idyllic' 'pastoral' colleges just to enjoy the 'college experience' that's as much a media and cultural phenomenon as it is an economic one

dayo, Saturday, 3 September 2011 23:49 (eight years ago) link

sometimes i think itd be nice to time travel back to like the early 60s and go to college cuz like the classes were smaller and probably more fun and expectations were lower and everyone dressed so nicely and you could take six months off ofter you finished to kick it in france on the cheap and no1 wld give a fuck cuz you wouldnt even have a resume, youd just work in the office of whomever yr dad played golf w/

then i realize that no1 wld be friends w/ me and i couldnt text and sleeping w/ cute dudes wld be a cumbersome trial and i realize how much better it is now 2day

Lamp, Saturday, 3 September 2011 23:51 (eight years ago) link

that's a good point, but I think the media/cultural phenomenon is gonna shift a bit when we have a national student debt crisis

iatee, Saturday, 3 September 2011 23:51 (eight years ago) link

everyone would be friends with you, you would be from 50 years in the future and would be the smartest human being alive

iatee, Saturday, 3 September 2011 23:51 (eight years ago) link

bring an iphone

iatee, Saturday, 3 September 2011 23:51 (eight years ago) link

i would be burned as a witch

Lamp, Saturday, 3 September 2011 23:53 (eight years ago) link

hopefully a national student debt crisis would lead to legislation that would allow student loans to be forgiven

dayo, Saturday, 3 September 2011 23:54 (eight years ago) link

also legislation leading to free iphones for everybody

dayo, Saturday, 3 September 2011 23:54 (eight years ago) link

40 iphones and a mule

dayo, Saturday, 3 September 2011 23:54 (eight years ago) link

when i do i want to be buried w/ 1000 ipads like an ancient chinese emperor

Lamp, Saturday, 3 September 2011 23:55 (eight years ago) link

just showing up in heaven giving out ipads 2 every1... hey jesus want to play angry birds?? well NOW YOU CAN

Lamp, Saturday, 3 September 2011 23:55 (eight years ago) link

but maybe heaven is like an ivy league campus in the 50s... no jews or gay ppl

Lamp, Saturday, 3 September 2011 23:56 (eight years ago) link

no women either

dayo, Saturday, 3 September 2011 23:57 (eight years ago) link

hopefully a national student debt crisis would lead to legislation that would allow student loans to be forgiven

I don't think this would happen without significant reforms that clamped down on the current situation easy money paying for colleges that get more expensive ever year / 4 years of kegstands in a 4th tier rural paradise might not be as easy for a lower-middle class person

but then again we paid for the financial crisis w/o regulating away the biggest moral hazards, so who knows

iatee, Saturday, 3 September 2011 23:58 (eight years ago) link

situation of

iatee, Saturday, 3 September 2011 23:58 (eight years ago) link

if we do forgive student loans I'm gonna be pretty pissed I didn't go to grad school

iatee, Sunday, 4 September 2011 00:02 (eight years ago) link

this board is now just a bunch of rich college kids

― chaki

buzza, Sunday, 4 September 2011 04:52 (eight years ago) link

maybe this is heedless point scoring against the eisbars and morbs of the political threads but i dont see how you can read about how the obama admin finally held for-profit colleges accountable in that article & say that even if you were in a battleground state you wouldnt vote for him in the coming election -- / continue in other thread

so, b/c a politician arguably does one good thing then i should just drop to my knees and worship him even if he's done a zillion not-so-good things?!? by that measure, the only politician in my lifetime who hasn't passed that test would be Dubya.

what a pathetic, weak argument for Obama that is ... even for you.

Murdered plants communicate with a bowl of shrimps in another room! (Eisbaer), Sunday, 4 September 2011 15:56 (eight years ago) link

seriously, dude, yer nothing but a cheap Chinese-made knockoff of Ethan ... without the wit, intelligence or class.

Murdered plants communicate with a bowl of shrimps in another room! (Eisbaer), Sunday, 4 September 2011 15:57 (eight years ago) link

had no idea deej was chinese

iatee, Sunday, 4 September 2011 16:05 (eight years ago) link

no but he was made there

ima.tumblr.com (@imsothin) (m bison), Sunday, 4 September 2011 16:05 (eight years ago) link

tremdendous work from the computational linguistics dept of the chinese secret services

diouf est le papa du foot galsen merde lè haters (nakhchivan), Sunday, 4 September 2011 16:09 (eight years ago) link

nakhchivan I want to read one of your books pls post link to relevant amazon links kthxbye

wolves lacan, Sunday, 4 September 2011 16:15 (eight years ago) link

damn

wolves lacan, Sunday, 4 September 2011 16:17 (eight years ago) link

I don't wanna get aggro and shit about it but I too don't get "I don't see how you can read about this good thing an elected official did and say you wouldn't vote for him" - there is literally not one elected official in the history of the country who doesn't deserve your vote if that's how you make the calculations.

pathos of the unwarranted encore (underrated aerosmith bootlegs I have owned), Sunday, 4 September 2011 16:23 (eight years ago) link

none such xxp

diouf est le papa du foot galsen merde lè haters (nakhchivan), Sunday, 4 September 2011 16:28 (eight years ago) link

nakh fess the fuck up

even blue cows get the girls (darraghmac), Sunday, 4 September 2011 16:38 (eight years ago) link

bide your time. nakhchivan will have a book someday, but not quite yet. unquestionably he has that aroma about him, but he's not quite ripened enough.

Aimless, Sunday, 4 September 2011 17:15 (eight years ago) link

I don't wanna get aggro and shit about it but I too don't get "I don't see how you can read about this good thing an elected official did and say you wouldn't vote for him" - there is literally not one elected official in the history of the country who doesn't deserve your vote if that's how you make the calculations.

― pathos of the unwarranted encore (underrated aerosmith bootlegs I have owned), Sunday, September 4, 2011 11:23 AM (2 hours ago) Bookmark Suggest Ban Permalink

i think there's a pretty distinctive pattern of obama having done more good things than his predecessor that, being the crassly cynical person i am, adds up to a better life for lots of ppl than if i choose not to vote bcuz im so angry at the crass cynical nature of politicians

but we've had this debate before

dont know what eisbar's problem is but while i like morbs & aerosmith as posters i find his posts in the political threads to be the most annoying & kneejerk, w/out any real humanity behind them. youre the dreadlocked dude on my college campus convinced that gore & bush are the same person

D-40, Sunday, 4 September 2011 18:57 (eight years ago) link

like, eisbar is consistently the worst on those threads, a bunch of generic rage & frankly youre the one w/ the ethan obsession

D-40, Sunday, 4 September 2011 18:58 (eight years ago) link

Black men

D-40, Sunday, 4 September 2011 18:59 (eight years ago) link

http://www.economist.com/node/21528226

iatee, Sunday, 4 September 2011 23:45 (eight years ago) link

generation lmbo

markers, Sunday, 4 September 2011 23:47 (eight years ago) link

A recent study from Georgetown University’s Centre on Education and the Workforce argues that “obtaining a post-secondary credential is almost always worth it.”

ehhh complicated

other than that I think that's a pretty good take on the big picture in 9 paragraphs

iatee, Sunday, 4 September 2011 23:58 (eight years ago) link

quality xp

dayo, Monday, 5 September 2011 00:03 (eight years ago) link

yeah I wish I had used that title for this thread g1

iatee, Monday, 5 September 2011 00:05 (eight years ago) link

It seems like our global society really doesn't know what to do with the efficiencies created by automation. Or rather, efficiency is captured by the ownership class as profit rather than used to give humans a lot more free time I guess.

Do not go gentle into that good frogbs (silby), Monday, 5 September 2011 00:10 (eight years ago) link

if the ownership class would bother to pay their damn taxes then it would all be okay

dayo, Monday, 5 September 2011 00:11 (eight years ago) link

How long before we have an activist youth movement that starts demanding massively increased taxation on capital? I would almost tolerate activism if it was about that. Instead of like wikileaks or the plight of the Palestinians or whatever.

Do not go gentle into that good frogbs (silby), Monday, 5 September 2011 00:13 (eight years ago) link

yeah that's what it really comes down to

the idea that massive amounts of people maybe just should be paid not to work - and that that might not be a bad thing for the economy - is still an incredibly hard sell

xp

iatee, Monday, 5 September 2011 00:14 (eight years ago) link

so how long has the 'hollowing out' of the middle class been a recognized threat? I don't regularly follow krugman

dayo, Monday, 5 September 2011 00:34 (eight years ago) link

yeah that idea won't ever fly in the USA---I know the econ & I'm morally for reduced inequality but paying people to not work hurts me in the gut & it'd take a lot more than econ to convince me; & for most Americans this is exactly the problem with the welfare state: people getting what they don't deserve, haven't earned (well, that + racism of course)

Euler, Monday, 5 September 2011 00:35 (eight years ago) link

it's been happening steadily since the 70s and esp 80s, but 'recognized threat' depended on who you asked. it's always been an issue, but most people were fine with the 'rising tide lifts all boats' narrative, as it appeared that, despite rising income inequality, the poor and middle class were still making progress. in retrospect a lot of the nominal income gains even back in the good periods were illusory.

iatee, Monday, 5 September 2011 00:47 (eight years ago) link

euler I think your take is probably pretty representative, but attitudes change. when our permanently unemployed class turn into a more visible, perhaps dangerous social problem, people might begrudgingly moderate their views.

iatee, Monday, 5 September 2011 00:51 (eight years ago) link

or they'll just throw them all in jail

D-40, Monday, 5 September 2011 00:52 (eight years ago) link

oh wait they're already doing that

D-40, Monday, 5 September 2011 00:52 (eight years ago) link

wasn't even implying 'the permanently unemployed are gonna go on crime sprees' - one of the interesting things about the great recession is that crime hasn't shifted much overall. I more meant 'more people having friends and family who have been unemployed for 3 years, not out of choice, more people interacting w/ office workers thrown into poverty, etc.'

iatee, Monday, 5 September 2011 00:59 (eight years ago) link

people getting what they don't deserve, haven't earned

yeah ppl can only have money they didnt deserve or earn if the 'market decides' to give it 2 them, not communists govts

Lamp, Monday, 5 September 2011 01:05 (eight years ago) link


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