Re:The Day the Purpose of College Changed
by mistermann on Wednesday January 28, 2015 @09:51PM
(#8964053)
> Going back a few decades in the UK, a manual labourer could afford to buy a home, own a car, provide for the family, etcetera. Nowadays that is falling fast.
You could now say the same for college grads in many countries as well, and not just the peasants with arts degrees - the housing bubble is such that unless your parents can help you out in a very big way, owning a house is simply not realistic for even the very well paid, unless you want to spend 75%+ of your income on a mortgage.
You could now say the same for college grads in many countries as well, and not just the peasants with arts degrees - the housing bubble is such that unless your parents can help you out in a very big way, owning a house is simply not realistic for even the very well paid, unless you want to spend 75%+ of your income on a mortgage.