![]() |
Quote:
|
intergenerational hatred. racial hatred. religious hatred. hatred of democrats.
hatred of Canadians. did i miss anything? i give this thread a 9 on the the pompous ass scale. :) |
Quote:
The "new" GI Bill didn't exist when I entered the Army six days after I turned 18. Instead, we had "ultra-Veap", Veteran's Educational Assistance Program. $100 per month was deducted from my $562 monthly pay for 27 months. So, after 27 months (of a three year enlistment) I had contributed $2,700. When I ETS'd and started college, the VA sent me a check for $744.45 per month, every month that I was enrolled in school. During the summers, when I got no VA check, I worked as many hours as possible to save up for Fall tuition. (I had to front the money myself and then pay myself back throughout the semester with my VA checks.) I am quite puzzled by this whole millennial "college tuition debt time bomb" furor. So, if a Millennial racks up "$100,000" in undergrad debt, and then repays it over three years, that's $33,333 per year that they need to pay back. At 6% interest, that's $3,042 per month. So what's the difference between my three years of slave labor (Army) to pay for four years of college, and a millennial going to college for four years and then working for three years to pay for the four years of college??? Seven years is seven years. I just don't get the angst over having to work for a few years to pay for your education/job training... |
Yes, I remember VEAP well. I paid in the $2700 and never used it. It sucked compared to what came before and what came afterwards (although still provided opportunity to those who made the effort). The current GI Bill is much, much better.
Yes, I don't get it either (the millennial whine). Most of us sacrificed to go to school. |
Quote:
Personally I don't get where this 100k of debt comes from. My undergrad was 25k. Philosophy. I didn't want to be a lawyer or professor, so I knew the next stage in my education would be in a different discipline. My MBA will be 50, but I'll make that back by the time I graduate because of the co-op. Even if I didn't have co-op, the employability would allow me to pay back the debt. Who is getting 100k in debt without it leading to a good job? Who are these people? |
Quote:
Manning-up goes a long way...or at least it used to. |
Quote:
No. For the first three years after college, you work your "job" 40 hours per week, you work your part time job another 20 hours per week, you live in a house with roommates, and you drive the same crappy car that got you through college. Or I guess you could choose to accept money from mommy and daddy to pay for your college tuition or for living expenses. Or both... "Decent quality of life..." Good Lord... Are you serious? You've just solidified the "lazy millennial" stereotype. ...Do you have any idea what my "quality of life" was for the thirty months that I was stationed at the National Training Center in the middle of the Mojave Desert??? And my duty was a cakewalk compared to the American Fighting Men who served and fought in the Mideast during wartime over the last several years... BTW, I made $56k my first year out of college, not because of a high salary or high hourly wage. It was because I moved 2,000 miles away from home for my first job and because I worked a LOT of hours. FYI, It's not the end of the world to work long hours... |
Quote:
Ultra Veap had a $12,000 "kicker" for certain occupational specialties. I was lucky to get that... But I have to admit, years later when I found out the terms of "The New GI Bill", I almost pooped my pants. It really was an amazing package. |
Most first out of college jobs are not 56k. Just FYI. The majority are making less than 50k.
You make in the 40's, and you are not repaying 33k a year in loans, while living on your own. I'll let the old folk continue and bow out of this discussion. |
Jesus Christ I'm finding myself totally agreeing with Fat Cat. And I'm not a Boomer. I'm an Exer.
|
Quote:
CAlPers had 4 years experience before he went to college. |
I think I worked close to 15 years before breaking $12K a year...and had a wife and two kids to feed.
|
Quote:
They think they are the only ones who have things a little tough because life is not handed to them on a silver platter. They have no idea what it is like to be hungry...or to have known mortgage or auto interest rates of close to 20%. They did not lose the home they spent much of their life working to buy...because housing values dropped over 50% in a few months (twice in my lifetime...to me)...and their job disappeared at the same time. They have never known gas lines/rationing or had gas prices more than double. They cannot even imagine gas lines for blocks, even miles and the pump being out before you reach the pump...or having to walk the 6 or 8 miles to work because the pump simply had no gas. They have no idea what it is like to be approaching draft age and wondering what their chance of survival is... and few have/will ever watch TV news at night and wonder if the body bags they see each night are their neighbor or father, son or brother. They have not gone through nuclear sheltering drills at school because the Soviets were putting nuclear weapons just off the coast in Cuba. They have not lined up in the Fulda Gap waiting for the Russian tanks to roll over the hill. They don't remember life when rheumatic fever or polio crippled other kids in school, second hand smoke everywhere, or finding out about AIDS...after being sexually active for years when "protection@ was only about pregnancy. They did not find out their President was paying an intern with tax dollars to give him a blow job in the Oval Office (the President was typically the most respected man in America before that) in an era where many folks didn't even know what oral sex was. They have not experienced growing up and preparing for a low tech world and coming of age where their skills were practically useless...or lose the company retirement you worked your whole life to earn. The silly twits chose useless education and the accompanying debt (with no thought of employment afterwards or repaying that debt). Now they cry about automation taking the jobs that they already refuse to do. They think times are harder for them than anyone who came before. Certainly not so far... When it does, I hope they are able to cope with it as well as those who came before them. So far, I am not overly optimistic...but who knows? Maybe they will mature in their 30s. They do have a good, but very small set of leaders to start with. Those who were toughened and tested in Iraq and Afghanistan. Maybe they can turn things around. |
Quote:
Perhaps there is a greater difference between our particular locations than I thought. Could that have something to do with this? Does not knowing these things make you an entitled spoiled brat? |
I was fired from my internship for writing a proposal for a more flexible dress code — Ask a Manager
Quote:
|
Quote:
$21.76 per hour is $45k, "just FYI". :D The extra $11k was from working extra hours. |
Quote:
45k a year is more than reasonable after college. So you say you made 56k. How much do you estimate you had, after taxes? Would it have been enough to pay 33k a year in student loans? You ridiculed me for my comment regarding quality of life while paying 33k a year in loan debt. Let's say your salaried and making 50k a year. No overtime. In Canada, you would take home about 41k. That leaves you 8k to pay for life. Rent, transportation, food and some clothes to wear to work. Would you want that to be your kid? This is assuming you land a 50k gig, which is pretty good around here. Most of the jobs are in or around Toronto, so transportation is expensive. |
Seems like one would have to make at least $60k to even come close to paying off $33k in loans per year and try to live when you consider takes. $60k after takes is more like $49k, subtract out $33k and you're left with ~$16k to live 12 months on. Even sharing a room that would be tough in most states.
Maybe if you can live with M&D, but then they would probably just start a thread complaining how their kids came back after college:) |
Quote:
College/university is becoming a necessity. Now a masters is the new degree. College/university is like graduating highschool now. |
college/university is NOT a necessity. I wish more people would understand this.
|
All times are GMT -8. The time now is 09:52 PM. |
Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2025, vBulletin Solutions, Inc.
Search Engine Optimization by vBSEO 3.6.0
Copyright 2025 Pelican Parts, LLC - Posts may be archived for display on the Pelican Parts Website