patrick.net

Huzzah! Happy news for those that majored in something with an actual career path!

Well with CA in a budget surplus-was 2010 the real estate bottom?

Or perhaps real estate might go down again, since I am finally losing hope of seeing fair prices !

Just when the buzz says college isnt worth it! Maybe it is!

Median Income of recent college graduate is $18,373, $6,000 less than a cashier at McDonalds?

So Mcdonalds cashiers are making $24,373 these days? Assuming no time off (52 weeks) and 40 hours per week, that is $11.72 per hour.

Simply bogus. In fact, I would wager that a huge percentage of these workers are getting minimum wage. That is $7.25 an hour federally, varying by state, up to $9.19 in Washington State. Nearly $2.50 less than stated in the highest state. Some states even have minimum wages less than the federal rates.

Therefore, without having to dig into the other numbers on that frugaldad.com poster, its almost all bullshit.

"Starting pay for new graduates climbed 3.4% compared to a year earlier, with engineering students pulling down highest starting salary. "

We're talking about 2012 right? Wasn't that the same year, when CNN ran an article every week about how engineers don't make any money, and Patnet was parroting it?

Everything is open for revision, when America's realities are all speculation.

That HUGE graphic is flawed in so many ways, it undermines a serious problem.

First way more than 1/2 of the country forgoes college because of price.
That graphic says 1 in 2 students skip college because it is expensive.
I wouldn't be surprised if less if college participation was less than 20% of those graduating HS.

Then there's the graphic showing how many cups of coffee a Starbucks employee would have to serve to pay for college. Now I'm not privy to first hand knowledge of the Starbucks pay structure, but I'd be willing to wager, they aren't paid by the piece, and not all Starbucks have the same volume of business from location to location.