Quote:
Originally Posted by charlieo1126@gmail.com
high college debt , high cost of health insurance if it’s even offered, multiple times they’ll have to change jobs , housing costs in many areas out of reach for many families , most jobs with no pensions very little good paying blue collar jobs, a country divided and now a pandemic wreaking havoc with job losses yes they have it easy
|
I read things like this, and wonder where this is coming from. High college debt? Which students
need to go to a high-priced college/university their freshman and sophomore years? Community colleges are prevalent in this country. They are relatively inexpensive - and often free for some states' residents. I went to my local community college in upstate NY and enjoyed it very much. I transferred from there to my local state university. I was a commuter student who graduated
magna cum laude from that university.
I had also joined the Navy after high school. It wasn't that I had this "master plan" to do so. I didn't. But I did know that honorable completion of my four-year service obligation would avail me of the GI Bill's education benefits. Those benefits essentially paid for my college education.
The point is that there are options out there that many don't take advantage of. Hence, these individuals end up with large college debts that are almost impossible to vacate.
I have my own feelings about college loans and subsequent debt. I believe that many colleges and universities have taken advantage of the ability of students to secure these loans easily. There's no impetus for these institutions to keep educational costs in line. But that doesn't mean there are no responsibilities on the student and his/her family, either. Choices are made, and consequences follow.
Is it true that people will have to change jobs often? I did when I was younger. Job-changing was a way to secure a better income. If one stays at the same job for years, the chances for significant salary growth are diminished. Many younger workers "job hop" because it makes sense to do so for them. They're either doing it for the salary bump or because the new job is more in line with their set of values. Obviously, the pandemic has altered the work scene for many, but we can all hope that this phase will be ending soon.
Millennials Aren't Afraid To Change Jobs, And Here's Why
Yes, housing costs are high in various parts of the country. But someone's paying to rent or own, no? You can't price your property out of the market, in other words. Often times, housing costs follow incomes. But if the costs are too high, guess what? MOVE! Find a location that's more affordable. No one's forcing you to stay in one area.
Poorly-paid blue collar jobs? That's not what I'm hearing. It seems like there's a scarcity of employees for some jobs that are opening because of retirement. Most younger people want to go to college and get a degree in something that's probably already saturated in the workplace. Seems to me there's a lot of money to be made in positions that are not normally associated with college (although technological advances do mean keeping up with what's new is key).
Seraph Consulting | United States | U.S Companies are Facing a Blue-Collar Scarcity
Pensions? It's true that they are mostly a thing of the past, save for government work. But why can't younger people start their investing early, in their 20's? They'd be so far ahead of the game, financially.
The bottom line - literally and figuratively - is that young people can concentrate on the negatives or take advantage of the opportunities.