patrick.net
An Antidote to Corporate Media
1,198,564 comments by 14,131 users - Ceffer, krc, WookieMan online now
I feel I kind of ruined my life by going to college
invite response
2016 Jul 2, 7:37am 20,411 views 66 comments
« First « Previous Comments 57 - 66 of 66 Search these comments
_
2016 Jul 7, 9:28am
Local community college, a short course in economics and stats... then all your confusion goes away...
It's the best investment you can make for yourself
Or ... cry away...
Your choice
_
2016 Jul 7, 9:54am
Try using the RIGHT chart, not one of your disengenuous charts:
That right there... see that is exactly what I am talking about..
What you're saying is that growing population should be counted as a 1 to 1 ratio for people not working
Again, I can't make this stuff up... This is as a basic as you can get.. and yet it gets ignored
If people read... then they learn... if people read Zero Hedge... they don't learn the truth
_
2016 Jul 7, 9:58am
Best thesis ...
Listen up kids, educational tip
We created the prime age labor force metrics to count for people ages 25-54
Because we don't accept the fact that ages 16-24 should be working full time job and that ages 55-95 should be working full time jobs if they have never worked in their life
So... demographically heavy ages 17-29 and ages 49-65
Who are missing
Roughly 2.8 Million Prime age labor force workers from the last cycle , some who are women who have said .. we don't want to work.. some on diability and some who are drug addicts not in rehab .. some are active criminals not in jail
2.8 Million.. and now you can see why Job openings are so high and it matches the demographics of this cycle
NuttBoxer
2016 Jul 7, 6:33pm
If you want to poor and make less money and have a high unemployment rate, then you have blue print, don't finish high school or don't go to college
All your dreams will come true
If you don't want or can't go to college, get a trade show skill job
Nobody cares about a cry baby when we have 154 Million Americans working and the highest job openings ever recorded in human history
But... by all means, don't go to school.... the world always needs people to cry and complain...
As usual this is based on speculation, not experience. I had a roommate who dropped out in 9th or 10th grade. He currently runs his own SEO business, and worked in data recovery for a while before that. Another family friend learned computers and lighting on his own, run's the fantasmic show at Disneyland. No college. My brother-in-law did two years of community, learned computers on his own, and works in IT, specifically security. I personally have a BA in history, but have worked for over 10 years as a SW test engineer. All successful, none due to college.
My sister went for 4 years, and works in the field she studied, as an editor(English). She has a second job to make ends meet, and is going nowhere.
tatupu70
2016 Jul 7, 6:37pm
I had a roommate who dropped out in 9th or 10th grade. He currently runs his own SEO business, and worked in data recovery for a while before that. Another family friend learned computers and lighting on his own, run's the fantasmic show at Disneyland. No college. My brother-in-law did two years of community, learned computers on his own, and works in IT, specifically security. I personally have a BA in history, but have worked for over 10 years as a SW test engineer. All successful, none due to college.
The above is an anecdote.
This is data:
Data > anecdotes
Sharingmyintelligencewiththedumbasses
2016 Jul 7, 8:15pm
The above is an anecdote.
This is data:
Really???
That beats multiple real world examples...
Only an idiot would think that!
the data that irondicksucker is really stupid just keeps piling up!
NuttBoxer
2016 Jul 8, 12:20am
The above is an anecdote.
What's the source of those charts? Ohh, the same government who happens to be the largest player in student loans. And I'm not sure you understand what anecdote means. See, I know the people I listed, and how much help "education" was to them. Do you know any of the people from your government cooked surveys?
tatupu70
2016 Jul 8, 4:58am
What's the source of those charts? Ohh, the same government who happens to be the largest player in student loans. And I'm not sure you understand what anecdote means. See, I know the people I listed, and how much help "education" was to them. Do you know any of the people from your government cooked surveys?
OK--believe what you will. If you distrust all data from the government, then it's certainly easier to believe what you want to believe.
I have no doubt that you know those people. The point was that conclusions based on a data set of 3 are much less reliable than conclusions based on a data set of 30 million.
_
2016 Jul 8, 6:01am
fallacy of logic
If it doesn't fit my narrative, it has to be false, its a conspiracy...
287K today....... #NoRecession2016
This is why we need college..
This statement here, I have had so much fun with...
Fallacy of Logic... this is my theme with Anti American Bears...
154 Million working
43 year low unemployment claims
Highest job openings ever recorded in human historyAnd yet the people who never took a course is stats .... want to make people believe that there are 100 Million people out of work when we only lost less than 15 Million in great recession and hired back more than that.
I can't make this stuff up..
Where on this chart did 100 Million people just vanish from the work force...
Al liens .... that is the best example for Zero Hedge Anti American Cry babies should give
Logan, it seems every time Ironman makes a comment he unwittingly makes your point. The ability to remember right wing/faux noise talking points does not constitute a sense or understanding of numeracy and spatial relationships.
« First « Previous Comments 57 - 66 of 66 Search these comments
Today, there is a student debt class like no other: about 42 million Americans bearing $1.3 trillion in student debt that’s altering lives, relationships, and even retirement.
“I feel I kind of ruined my life by going to college,†says Jackie Krowen, 32, of Portland, Oregon, a nurse with a student loan balance of $152,000. “I can’t plan for an actual future.â€
Almost every American knows an adult burdened by a student loan. Fewer know that growing alongside 42 million indebted students is a formidable private industry that has been enriched by those very loans.
A generation ago, the federal government opened its student loan bank to profit-making corporations. Private-equity companies and Wall Street banks seized on the flow of federal loan dollars, peddling loans students sometimes could not afford and then collecting fees from the government to hound students when they defaulted.
Step by step, one law after another has been enacted by Congress to make student debt the worst kind of debt for Americans—and the best kind for banks and debt collectors.
Today, just about everyone involved in the student loan industry makes money off of the students—the banks, private investors, even the federal government.
Once in place, the privatized student loan industry has largely succeeded in preserving its status in Washington. And in one of the industry’s greatest lobbying triumphs, student loans can no longer be discharged in bankruptcy, except in rare cases.
At the same time, societal changes conspired to drive up the basic need for these loans: Middle-class incomes stagnated, college costs soared, and states retreated from their historical investment in public universities.
If states had continued to support public higher education at the rate they had in 1980, they would have invested at least an additional $500 billion in their university systems, according to an analysis by Reveal from The Center for Investigative Reporting.
#college #studentloans #debt #economics
Consumer Reports Condensed Version of below with decent comments section: http://www.consumerreports.org/student-loan-debt-crisis/lives-on-hold/
Full Article - long read, worth the time: https://www.revealnews.org/article/who-got-rich-off-the-student-debt-crisis/