Ray From Cleveland
Diamond Member
- Aug 16, 2015
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The problem is colleges are doing nothing different than any other business. It's supply and demand. The more demand, the more expensive the supply.
The problem is Baby-Boomers f*cked up America, and keep coming up with more of the "Same Solutions" that "Caused the issues"
My generation is more educated, the productivity is up, the cost of getting educated is more, cost of healthcare is up, and yet we're making less money in comparison to your generation had.
If it's broken, you DO FIX IT, you don't break it more, and more.
Everyone SHOULD want better for their kids, just some are either too dumb, or too apathetic to do better for their kids.
So how do you "fix" the problem of high college costs, place a government limit on what they can charge?
What caused the problem is that manual labor has less value than it did before mostly because of automation. Because of that, kids can't get out of school and make a good enough living to buy a house and support a family. The only way to do that is to have a higher education.
The alternative to that is trade school. You won't make as much as somebody with a college degree and you may have to work with your hands, but you also don't have the college bills either.
Automation increases productivity, and thus more production, and therefor WEALTH created.
That wealth was never seen, because of Illegals, because of outsourcing, because of monopolies laying people off, and raising prices.
This is CRAPitalist America, and it's even worse than Soviet Russia.
At least in Soviet Russia they didn't funnel all the jobs into foreigners hands who despise them.
I don't see how we're not going to "NATURALLY" collapse in the near future, if we don't end up killing each other in the streets first, and therefor "ARTIFICIALLY" collapse.
I'm glad I'll be off this planet by then; at least out of the workforce. I wouldn't want to be a person in the future with no aptitude to earn a higher education and try to make it on manual labor alone.
Millennials earn 20% less than Babyboomers did at the same age, Millennials have a net-worth 50% less than Babyboomers did at the same age.
(Of course adjusting for inflation AKA Real Wages)
This is startling, and shows the system that we have isn't working.
That can be attributed to a lot of things. For instance perhaps you read the conversation between Manonthestreet and I. Right now our industry needs over 30,000 more drivers that they can't find. They are turning to foreigners to take these jobs Americans won't do. And I can tell you some of those are pretty good paying jobs if you're willing to do the work.
So I think attitude has something to do with it as well. As a baby boomer myself, I can testify several times I had more than one job, or a job that I worked on Saturday as well. At one time I had three jobs. I'm no hero because several of my friends did the same thing. In fact one very close friend works at the company I do. He's been working two full-time jobs for over 30 years now.
You don't see that kind of effort to get ahead out of the millennials as you did in our generation. When we were younger all we thought about was money. How to make more, how to get a better job, work or hours was no hurdle for us.