Re:Baby boomers are becoming homeless at a rate not seen sin...
by kergonath on Monday September 25, 2023 @06:15PM
(#37651454)
Anecdotally, plenty of people win the lottery. It does not make playing a sound strategy or something that works on average.
Sure, some will be alright. However, looking at statistics, the best way of not falling behind in terms of income is to get a good degree. Because that’s what we are talking about: average wages have been increasing more slowly than inflation for quite a few decades now. So we are talking about a generation falling behind, not a greedy generation.
It’s less and less the case that a degree is the best path forward (depending on the field), but still.
Re:Baby boomers are becoming homeless at a rate not seen sin...
by c_crank on Tuesday September 26, 2023 @09:10AM
(#37658767)
Going for a college drop is analogous to the lottery, because losers will end up further behind those that skipped the expensive degree and lost money to inflation.
Sure, some will be alright. However, looking at statistics, the best way of not falling behind in terms of income is to get a good degree. Because that’s what we are talking about: average wages have been increasing more slowly than inflation for quite a few decades now. So we are talking about a generation falling behind, not a greedy generation.
It’s less and less the case that a degree is the best path forward (depending on the field), but still.