Re:What the world will be like in a hundred years (1922)
by zionic on Thursday January 06, 2022 @04:03PM
(#29830111)
Their student debt might go down but so does their chance of ever owning a home.
They hoodwinked an entire generation of children into going six-figures in debt, made the high school diploma worthless etc.
Before:
-HS degree
-no debt
-immediately start a factory job that makes enough for an average home, 2 cars, and a spouse that doesn’t work
Now:
-4 year degree, delaying income in prime years
-graduate with a small house-worth of debt, with no house
-your new job’s earnings in real terms is barely enough to rent
-your spouse has to work too
-have to make one car work
The American people have been robbed of their prosperity and sold a bucket of lies.
They hoodwinked an entire generation of children into going six-figures in debt, made the high school diploma worthless etc.
Before: -HS degree -no debt -immediately start a factory job that makes enough for an average home, 2 cars, and a spouse that doesn’t work
Now: -4 year degree, delaying income in prime years -graduate with a small house-worth of debt, with no house -your new job’s earnings in real terms is barely enough to rent -your spouse has to work too -have to make one car work
The American people have been robbed of their prosperity and sold a bucket of lies.