Quoted:
(1) Low paying or NO jobs for college graduates.
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For what kind of graduates? Communication majors? English, Biology, Psychology or PolSci majors? Those are a dime a dozen.
The ENORMOUS flood of BS/BA degrees among the twenty-somethings right now can make those holding Sociology, General Business or Media Studies degrees pretty insignificant in the applicant pool. It's very competative now that nearly EVERYONE seems to be getting college degrees. Used to be college was for the best of the best in academics and a BS or BA degree really meant something.
Not to say a BS or BA is nothing, but it will get you less than it would've 30-40 years ago simply because there's so many people with those degrees nowadays.
Supply and demand.
(2) Exporting every conceivable entry level job to Asia.
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What do you consider "entry level"????
(3) Making it nearly impossible, except for the very wealthy, to send their kids to college. And then when they graduate: "here's a spatuala - ready to flip some burgers."
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There are a greater percentage of middle and low-income people getting college education now than there ever has before. Now, do you want to go to [b]any[/b] college or do you want to go to Stanford?
And again, if you get a BA in Communication or Sociology - what's your marketable skill you have you after you walk off the stage at graduation?
There are a LOT of people who think a college degree - ANY degree - should automatically get them a dozen offers for $45K/year positions in their first year after school. If you think that - you're sorely mistaken.
(4) Offering easy credit in the name of "short term" profits, enslaving young people to debt and indentured servitude forever.
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Well if these super-bright college students would actually pay attention in Econ 101 they'd learn the simple smothering truth about credit debt.
But instead many of them are too busy planning their next trip to Maz or Daytona while still expecting an instant $40-50K/year job offer waiting for them the day after graduation so they can pay off their tuition loans they incurred paying for classes in which they didn't learn a damn thing about basic finance.
(5) Tell me how a young person today can afford a car payment, a mortgage, and high risk insurance on $8/hour?
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WHAT IN THE HELL is a person making $8/hr doing with a mortgage???
And whoever said you should have a huge car payment too??? Buy a nice, reliable, OLD used car that is not flashy, not pretty, not sexy, not souped up and not more than you can afford!! [stick]
I wish I had a penny for every time I see some young hotshit 18-24yrold in a $30K car they can't afford.
Personal debt and personal bankruptcy among 18-25yrolds is RECORD HIGH!!
I can't imagine being bankrupt at 25!!! But I CAN imagine it if I'm a PolySci major with no job skills driving a $30K car complaining that no one's giving me an $45K/yr "entry-level" position with an expense account and an office with a view.
If you can't afford it - don't buy it.
Not buying it NOW is the secret to being able to afford it... LATER.
(6) They see their parents in financial and emotional straits, getting laid off betwen 40-50 and wonder what The American Dream is all about.
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Waaa-waaa-waaa! I want my white picket fence!!!
Get a grip!
The American Dream is doing what you love. Period.
And along the way, you oughta learn that if you can't afford it - don't buy it!!!
Save your money for a rainy day. Save a bit more for your old age.
Skip a vacation or two. Pass on that new AR. Scrimp, save, work and prepare for hardship.
If you want to become rich someday, don't expect to get rich quick - EVER (and "quick" means in less than 25 years)
If you're hardworking, honest, love what you do and get a little bit lucky once or twice, you'll find yourself on a golf course when your 65 saying "I earned this."
The generation that lived through the depression is rolling in their grave at the attitude of today's yutes.
(7) They see uneducated basketball players skip college and sign with Nike for $90 Million right out of high school and wonder: "Where do I go to stand in THAT Line?"
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Funny, they don't ever wonder "Hey, what ever happened to Len Bias?"
And if seeing kid with an incredible one-in-a-million talent get paid millions bothers you, then maybe the problem lies a lot deeper in you than just your wallet.
(8) They see a guy by the name of Tiger hit a little round ball on TV and make millions before he is 25 and say: "Where do I go to school to learn how to do that?"
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Yeah, quite the covetous generation we gotz here.
These are the same doofuses who see a $300million lotto jackpot and take a cash advance on their near-maxed out VISA at 19.9% to buy 1000 tickets.
(9) Then when reality sinks in they go down to the local Army recruting office and told they are unfit to serve their country because their parents doped them with Ritalin half the
lives.
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Yeah, it's the parent's fault a 23year old college grad is undereducated, unskilled, buried in debt and enormously self-centered and jealous of other's achievements.
Fucking parents.
And the Gov't too!