Posted on 04/20/2017 12:55:11 PM PDT by LoneStarGI
I intentionally dropped out of college after two years because I thought I could do far better on my own than what I was learning in school.
To make a long story short.. "I found a need and filled it."
I started my own business, worked hard at it, and eventually enjoyed real success.
No regrets here.. and I learned an immense amount about people and life by going down that road.
So? It ain’t like that is still a lot of money.
That's not bad if you're living at home and have NO OVERHEAD such as a house or rent payment.. utility bills, etc.
My kids are getting phones when they buy the phone and pay the monthly service fee.
“...finding it hard...”? Who cares? Grow up or be a loser.
One problem with the “manager” jobs is that you have to deal with low-paid, crappy workers. A friend that managed a supermarket took a steep pay cut to leave for another job because it was absolutely destroying his family life. Days off and vacations routinely interrupted because the high school students they hired were completely unreliable.
It is no coincidence that many fast-food managers I’ve encountered are Arab-types; for them these jobs are still a huge step up.
Thanks, I realized your meaning when I went to the link and read more. I’m sort of a sorehead when it comes to inflation because a lot of people don’t seem to realize just how damned awful it has been. I’m about to turn 73 and if my wife and I had only my social security check and 1950 prices we could live like royalty. We would actually have enough income to buy a NEW Ford or Chevy every second month for cash, BURN the
two month old one and STILL have money to live very well. What my father earned back then for an eight hour day as a master carpenter would not buy a fast food lunch for two now.
And who would want to hire oversensitive "snowflakes" who find something offensive in every closet?
Consider that:
College is more popular than ever, with about 21 million students heading to class this year. Many schools have hundreds of majors available, but students often choose the same few majors over and over again.
1.Business Administration & Management...average starting salaries of $41,200 and mid-career salaries of $70,700.
2. General Psychology...for those with a bachelor’s degree in psychology is $34,700, with mid-career salaries of $60,200.
3. Nursing... $53,300 and mid-career salaries of $70,100 [a viable choice, apart from abortion and sex change ops]
4. General Biology...$37,500 and mid-career salaries of $68,700.
5. Teacher Education and Professional Development, Specific Levels and Methods...average starting salaries of $33,800 [to try to indoctrinate kids with liberal thought] .
6. Criminal Justice and Corrections...$35,300, and the average mid-career salary is $59,200 [how many more do we need?]
7. Accounting...$44,500 and the average mid-career salary is $75,100
8. Liberal Arts and Sciences, General Studies and Humanities... they can end up in many different fields, including business, law, education, journalism, and entrepreneurship. The average starting salary for a Liberal Arts & Sciences grad is $36,500, and average mid-career salaries are $61,300 [usually emphasizing "Liberal"].
9. English Language and Literature...$36,200 and mid-career salaries of $63,500 [this major must be considered offensive to many liberal snowflakes].
10. History...$36,900, and average mid-career salaries are about $65,500 [too often as taught by Howard Zinn]. http://college.usatoday.com/2014/10/26/same-as-it-ever-was-top-10-most-popular-college-majors/
Also (stats a bit dated)
More than a 25% of low-income first-generation college students leave after their first year, and 89 percent fail to graduate within six years. - Time Magazine, What We Can Learn from First-Generation College Students, April 11, 2012
2,500 educators (three for every school day) from 2001 through 2005 were punished for sexual misconduct, 80 percent of those being to students. - Associated Press investigation. - http://www.foxnews.com/story/0,2933,303780,00.html
The 1992 National Adult Literacy Survey tests show that only about 56% of the blacks and 83% of the whites over sixteen are literate. [55] Scores on 1994 NAEP reading tests indicate that 42% of the 4th graders can't read; 72% of the 8th graders can't read 8th grade assignments; and 66% of the nation's high school seniors can't read 9th grade textbooks in any core subject. USDE. 1994. - NAEP Reading: A First Look. p. 18.
After two years of college, 45 percent of college students hadn't significantly improved their critical thinking and writing skills; after four years, the proportion was still 36 percent. The study was based on a test taken by 2,400 students at 24 schools. "Academically Adrift," by sociologists Richard Arum and Josipa Roksa; http://www.realclearmarkets.com/articles/2012/05/29/lets_drop_the_college-for-everyone_crusade_99690.html
Over 50 percent of students at four-year schools and more than 75 percent at two-year colleges lacked the skills to perform complex literacy tasks (unable to interpret a table about exercise and blood pressure, comprehend arguments of newspaper editorials, compare credit card offers with different interest rates and annual fees, or summarize results of a survey about parental involvement in school). American Institutes for Research Ben Feller, Associated Press | January 20, 2006
States appropriated almost $6.2 billion for four-year colleges and universities between 2003 and 2008 to help pay for the education of students who did not return for their second year, while the federal government spent $1.5 billion and states spent $1.4 billion on grants for such students. "Finishing the First Lap: The Cost of First-Year Student Attrition in America's Four-Year Colleges and Universities." reported by AP, “Report: College dropouts cost taxpayers billions,” October 11, 2010
More than 25% of low-income first-generation college students leave after their first year, and 89 percent fail to graduate within six years. Time Magazine, What We Can Learn from First-Generation College Students, April 11, 2012
Almost 80% of seniors at 55 of our best colleges and universities earned a D or F grade on a high-school level American history test a 1999 survey showed. USDE 1992 National Adult Literacy Survey tests http://www.philanthropyroundtable.org/magazines/2000-11/cohen.html
The National Center for Education Statistics reports that only 31% of college graduates can read and understand a complex book. Walter E. Williams , professor of economics at George Mason University. http://www.ibdeditorials.com/IBDArticles.aspx?id=336612797889002
Total federal aid intended to hold down the price of a college degree have soared by more than $100 billion in the space of a single decade -- from $64 billion in 2000 to $169 billion in 2010. Jeff Jacoby, The Boston Globe; April 29, 2012, http://www.jeffjacoby.com/11618/the-government-college-money-pit
On a typical campus, per capita students spending for alcohol--$446 per student--far exceeds the per capita budget of the college library. (Eigen, 1991 in the 1998 National Household Survey on Drug Abuse).
College students spend over $5.5 billion a year on alcoholic beverages (mostly beer)--more than they spend on all other drinks [soda, tea, milk, juice and coffee] and books combined. Sidney Ribeau, PresidentBowling Green State University http://www.collegevalues.org/diaries.cfm?id=476&a=1. See also www.hsph.harvard.edu/cas/rpt1998/CAS1998rpt2.html [which is also a illustration of how to do a survey.]
A (disputed) study showed that 50% of American college faculty identified themselves as Democrats and only 11% as Republicans (with 33% being Independent, and 5% identifying themselves with another party). 72% described themselves as "to the left of center," including 18% who were strongly left. Only 15% described themselves as right of center, including only 3% who were "strongly right." North American Academic Study Survey (NAASS) of students, faculty and administrators at colleges and universities in the United States and Canada 1999. The Berkeley Electronic Press http://montages.blogspot.com/2005/04/conservatives-underrepresented-in.html http://www.bepress.com/forum/vol3/iss1/art2 http://www.associatedcontent.com/article/17963/liberal_bias_in_our_schools.html
A survey of 6,000 academic psychologists resulted in 10% reporting they had falsified research data; 67 per cent selectively reported studies that “worked”; 35% said they had doubts about the integrity of their own research. Leslie John, George Loewentstein, and Drazen Prelec in Psychological Science, December 2011
More by God's grace.
100.00 in 1966 = 759.38 in 2017 as regards cost of living. - https://www.aier.org/cost-living-calculator
They main thing is how that corresponds to wages, which it seems have largely keep pace: Chart: minimum wage in cost-of-living-adjusted dollars ...
But I think cost of housing had risen most dramatically.
In 1950, the median home price was just $7,354. Wow! Fast-forward 50 years, and the median home price was $119,600. This year, the median existing home price reported by the National Association of Realtors surpassed the record of $227,100 set in 2006 to $232,500.
Adjusting those numbers for inflation gives us some perspective. The median price for a home in 1950 in inflation-adjusted dollars was $44,600. Compared to the current median price, that’s an increase of almost $188,000 in 66 years!
One driver of home prices is size. In 1950, the average home size was less than 1,000 square feet with two bedrooms and one bath. By 1970, the average home was 1,500 square feet and included a third bedroom and another half-bath.
Today, the average new home is two stories and 2,500 square feet with two or more baths and at least three bedrooms. And all this is in spite of the fact that family size decreased from 3.37 members in 1950 to 2.54 members in 2015.
....So how were we able to buy these bigger (and bigger) homes? For the most part, changes in the mortgage industry allowed homebuyers to borrow more and spread their payments out over a longer period of time.- https://www.daveramsey.com/blog/60-years-of-home-prices-difference
The cost to raise a child born in from birth to an 18-year-old adult is $245,340 for middle-income families with two parents and up to five children. For low-income families, this cost is $176,550. For high-income families, it is $407,820 - .- http://graphics.wsj.com/childcost/
True.
Somehow I managed to survive the 1970s as a kid without a cell phone.
100.00 in 1966 = 759.38 in 2017 as regards cost of living. - https://www.aier.org/cost-living-calculator
That’s the official version, you don’t really believe that do you? I certainly don’t. In 1966 I was earning a hundred a week and I couldn’t live as well now on a thousand a week. I bought a new 1967 Mustang for $3000. I ate lunch for less than fifty cents most days. I can’t buy lunch for five dollars now. Rent for a three bedroom, one bath brick veneer house was seventy a month. Can’t come close to that for seven hundred now.
I like to cross check those cost-of-living comparisons by using the actual historical prices into the then-price of silver and gold compared to the actual price of both now. Sometimes surprising, sometimes not.
I agree about the schooling. College degrees are so watered down and commonplace that they are mostly meaningless. Having a college degree also imbues the recipient with unrealistic expectations of salary and title in the workplace. They feel entitled and feel they shouldn’t have to get their hands dirty with “blue collar stuff.” Well, in most industries, you still need to cut your teeth in the trenches and earn your way to a good position.
My son got an engineering degree but he still spent two years at “help desk” type jobs before he established himself as a candidate for work that better suited his education. Ironically, a kid out of high school could have taken those same help desk jobs and had more or less the same potential for advancement. In the workforce, it is work ethic and good interpersonal skills that get you on the fast track.
My own experience is similar. I spent a few years washing dishes, handling baggage at the airport and fixing copier machines before I got my first “big break.” I’ve been over six figures for over 25 years now and still don’t have a college degree. Some of my younger employees run circles around the college kids who do come in.
He’s probably overstating his position. There are “shift supervisors” who call themselves managers but in reality, they are mostly flipping burgers like everybody else with the exception that they need to put on a white shirt and tie and present themselves as “the manager” to an angry customer who didn’t get his Whopper fixed right.
A true fast food manager works the day shift, does the hiring and firing, and has P&L responsibility along with performance incentive comp plans. Yes, they tend to do pretty well financially in a high volume store.
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