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Default Brewing economic scandal

In article ,
says...

The cost of getting a college degree has risen 1,120 percent since
1978 ... far more than the cost of health care or health insurance
premiums. Even with Pell grants, scholarships and other forms of
financial aid, many graduates are faced with student loans that they
won't be able to pay off until they are in their 50's when they have
to start thinking of *their* kid's college costs. Plus, starting
salaries for recent grads have dropped for the most part and many
can't think about home ownership.

Where are all these cost increases going?

http://www.bloomberg.com/news/2012-08-15/cost-of-college-degree-in-u-s-soars-12-fold-chart-of-the-day.html


Look at professor salaries, admin salaries, and book costs.
Just another example of wealth redistribution and income disparity.
This all started in the late '70's with the decline in U.S.
manufacturing.
From the '80's until now the worship of wealth has only increased.
And the propaganda used to lure kids into college has likewise
increased. How many times do you hear the old "lifetime earnings"
statistic used to convince kids they need college.
Those "lifetime earnings" stats don't account for kids who paid up for
college but didn't succeed. They end up dropping out before they
finish, or finish and end up working at Starbucks.
You're old enough to remember when the difference in "professional"
and "non-professional" salaries weren't extreme.
That's the problem. Income disparity. I don't have a solution.
Not my problem.
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Default Brewing economic scandal

On Thu, 14 Mar 2013 12:09:12 -0500, Boating All Out
wrote:

Those "lifetime earnings" stats don't account for kids who paid up for
college but didn't succeed. They end up dropping out before they
finish, or finish and end up working at Starbucks.


====

Not everyone who drops out of college ends up in a dead end job.
Take a look at Bill Gates and Steve Jobs for two notable examples.
There are lots more.

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Default Brewing economic scandal

On Thu, 14 Mar 2013 20:35:51 -0400, Wayne B
wrote:

On Thu, 14 Mar 2013 12:09:12 -0500, Boating All Out
wrote:

Those "lifetime earnings" stats don't account for kids who paid up for
college but didn't succeed. They end up dropping out before they
finish, or finish and end up working at Starbucks.


====

Not everyone who drops out of college ends up in a dead end job.
Take a look at Bill Gates and Steve Jobs for two notable examples.
There are lots more.


That's true, but those who don't go are much more likely to earn many
thousands less over their lifetime. More true now than ever. Even four
years is just the minimum now.
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Default Brewing economic scandal

On 3/14/2013 9:52 PM, Urin Asshole wrote:
On Thu, 14 Mar 2013 20:35:51 -0400, Wayne B
wrote:

On Thu, 14 Mar 2013 12:09:12 -0500, Boating All Out
wrote:

Those "lifetime earnings" stats don't account for kids who paid up for
college but didn't succeed. They end up dropping out before they
finish, or finish and end up working at Starbucks.


====

Not everyone who drops out of college ends up in a dead end job.
Take a look at Bill Gates and Steve Jobs for two notable examples.
There are lots more.


That's true, but those who don't go are much more likely to earn many
thousands less over their lifetime. More true now than ever. Even four
years is just the minimum now.

Unless you start a business.
Mikek
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Default Brewing economic scandal

On Sun, 17 Mar 2013 21:15:08 -0500, amdx
wrote:

On 3/14/2013 9:52 PM, Urin Asshole wrote:
On Thu, 14 Mar 2013 20:35:51 -0400, Wayne B
wrote:

On Thu, 14 Mar 2013 12:09:12 -0500, Boating All Out
wrote:

Those "lifetime earnings" stats don't account for kids who paid up for
college but didn't succeed. They end up dropping out before they
finish, or finish and end up working at Starbucks.

====

Not everyone who drops out of college ends up in a dead end job.
Take a look at Bill Gates and Steve Jobs for two notable examples.
There are lots more.


That's true, but those who don't go are much more likely to earn many
thousands less over their lifetime. More true now than ever. Even four
years is just the minimum now.

Unless you start a business.
Mikek


====

Or work your way up the organization from an entry level job, i.e.,
the old fashioned way. The demand for certain technical skills is so
high that any experience at all can get your foot in the door. Once
hired, job performance counts a lot more than education. I've
encountered a surprising number of well educated individuals who just
could not apply their knowledge effectively in a work environment.
Being able to apply what you know, recognizing opportunities and
acting on them in a timely manner is what gets people ahead. There
are also a lot of opportunities in some of the difficult, dirty, blue
collar areas like refrigeration, air conditioning, plumbing, diesel
mechanics, commercial electricians, etc. Those jobs are physically
demanding and require a fair amount of skill but they pay very well
and can lead to having your own business.



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Default Brewing economic scandal

On Sun, 17 Mar 2013 23:19:08 -0400, Wayne B
wrote:

On Sun, 17 Mar 2013 21:15:08 -0500, amdx
wrote:

On 3/14/2013 9:52 PM, Urin Asshole wrote:
On Thu, 14 Mar 2013 20:35:51 -0400, Wayne B
wrote:

On Thu, 14 Mar 2013 12:09:12 -0500, Boating All Out
wrote:

Those "lifetime earnings" stats don't account for kids who paid up for
college but didn't succeed. They end up dropping out before they
finish, or finish and end up working at Starbucks.

====

Not everyone who drops out of college ends up in a dead end job.
Take a look at Bill Gates and Steve Jobs for two notable examples.
There are lots more.

That's true, but those who don't go are much more likely to earn many
thousands less over their lifetime. More true now than ever. Even four
years is just the minimum now.

Unless you start a business.
Mikek


====

Or work your way up the organization from an entry level job, i.e.,
the old fashioned way. The demand for certain technical skills is so
high that any experience at all can get your foot in the door. Once
hired, job performance counts a lot more than education. I've
encountered a surprising number of well educated individuals who just
could not apply their knowledge effectively in a work environment.
Being able to apply what you know, recognizing opportunities and
acting on them in a timely manner is what gets people ahead. There
are also a lot of opportunities in some of the difficult, dirty, blue
collar areas like refrigeration, air conditioning, plumbing, diesel
mechanics, commercial electricians, etc. Those jobs are physically
demanding and require a fair amount of skill but they pay very well
and can lead to having your own business.


Yeah, it's all about the money, then when a new techology comes
around, you can kiss that job goodbye.
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Default Brewing economic scandal


Yeah, it's all about the money, then when a new techology comes
around, you can kiss that job goodbye.


===

This is not a new thing. Talk to the buggy whip manufacturers, wagon
wheel makers, blacksmiths, vacuum tube makers, Kodak film developers,
etc.

The time are always a-changein.
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Default Brewing economic scandal

On Mon, 18 Mar 2013 01:56:54 -0400, wrote:

On Sun, 17 Mar 2013 22:25:59 -0700, Urin Asshole
wrote:

On Sun, 17 Mar 2013 23:19:08 -0400, Wayne B
wrote:



Or work your way up the organization from an entry level job, i.e.,
the old fashioned way. The demand for certain technical skills is so
high that any experience at all can get your foot in the door. Once
hired, job performance counts a lot more than education. I've
encountered a surprising number of well educated individuals who just
could not apply their knowledge effectively in a work environment.
Being able to apply what you know, recognizing opportunities and
acting on them in a timely manner is what gets people ahead. There
are also a lot of opportunities in some of the difficult, dirty, blue
collar areas like refrigeration, air conditioning, plumbing, diesel
mechanics, commercial electricians, etc. Those jobs are physically
demanding and require a fair amount of skill but they pay very well
and can lead to having your own business.


Yeah, it's all about the money, then when a new techology comes
around, you can kiss that job goodbye.


Technology has not removed the need for people to wire houses, float
drywall and lay bricks.
Anyone who can fix engines in boats will always have work.


Yeah, there'll be so much demand for that why we can fuel our entire
future and compete with the rest of the world by fixing some engines,
wiring houses and laying bricks. Good god. Grow up.
  #9   Report Post  
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First recorded activity by BoatBanter: Sep 2009
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Default Brewing economic scandal

On Mon, 18 Mar 2013 01:56:54 -0400, wrote:

Anyone who can fix engines in boats will always have work.


======

Yes, and at $85+/hour.
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Default Brewing economic scandal

On 3/17/2013 11:19 PM, Wayne B wrote:
On Sun, 17 Mar 2013 21:15:08 -0500, amdx
wrote:

On 3/14/2013 9:52 PM, Urin Asshole wrote:
On Thu, 14 Mar 2013 20:35:51 -0400, Wayne B
wrote:

On Thu, 14 Mar 2013 12:09:12 -0500, Boating All Out
wrote:

Those "lifetime earnings" stats don't account for kids who paid up for
college but didn't succeed. They end up dropping out before they
finish, or finish and end up working at Starbucks.

====

Not everyone who drops out of college ends up in a dead end job.
Take a look at Bill Gates and Steve Jobs for two notable examples.
There are lots more.

That's true, but those who don't go are much more likely to earn many
thousands less over their lifetime. More true now than ever. Even four
years is just the minimum now.

Unless you start a business.
Mikek


====

Or work your way up the organization from an entry level job, i.e.,
the old fashioned way. The demand for certain technical skills is so
high that any experience at all can get your foot in the door. Once
hired, job performance counts a lot more than education. I've
encountered a surprising number of well educated individuals who just
could not apply their knowledge effectively in a work environment.
Being able to apply what you know, recognizing opportunities and
acting on them in a timely manner is what gets people ahead. There
are also a lot of opportunities in some of the difficult, dirty, blue
collar areas like refrigeration, air conditioning, plumbing, diesel
mechanics, commercial electricians, etc. Those jobs are physically
demanding and require a fair amount of skill but they pay very well
and can lead to having your own business.


Speaking of diesel mechanics: Recently I had a problem with one of my
engines. The mechanic plugged in his laptop and proceeded to run a
battery of tests. He then told me what he suspected was wrong, but
protocol required that he email snapshots of the test results to the
manufacturer who then consulted with the mechanic and told him they were
sending two parts for him to replace. The 2nd phase of the repair
required him to get his hands dirty replacing parts.
The skills needed to do certain jobs have certainly evolved over the years.


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