120k a year isn’t enough

#683
#683
Millennials Have To Work Twice As Much As Boomers Did To Pay Off College, But There's A Catch...

Baby Boomers who attended a public college between 1982 and 1986 paid a total of $4,725 for a Bachelor’s degree.

Even if they had earned the minimum wage ($3.35 per hour), it would have taken them 1,410 hours to pay back their tuition in full. That’s equivalent to about nine months of work, assuming a typical 40-hour work week.

However, had they earned the average post-graduation salary ($20,400), they could have paid off their full tuition in 481 work hours or three months.

On the flip side, Millennials who attended a public college between 2006 and 2010 paid $24,638 in tuition costs and related fees.

Although Millennials faced a 421% increase in tuition costs compared to Baby Boomers, their post-graduation wages hardly caught up—with the federal minimum wage and median post-graduate salaries increasing by only 116% and 165%, respectively.

By the time they graduated, Millennials could earn the federal minimum wage of $7.25. At that rate, it would have taken 3,398 working hours for Millennials to pay back their tuition in full.
 
#684
#684
Rasputin_Vol said:
Millennials Have To Work Twice As Much As Boomers Did To Pay Off College, But There's A Catch...

Baby Boomers who attended a public college between 1982 and 1986 paid a total of $4,725 for a Bachelor’s degree.

Even if they had earned the minimum wage ($3.35 per hour), it would have taken them 1,410 hours to pay back their tuition in full. That’s equivalent to about nine months of work, assuming a typical 40-hour work week.

However, had they earned the average post-graduation salary ($20,400), they could have paid off their full tuition in 481 work hours or three months.

On the flip side, Millennials who attended a public college between 2006 and 2010 paid $24,638 in tuition costs and related fees.

Although Millennials faced a 421% increase in tuition costs compared to Baby Boomers, their post-graduation wages hardly caught up—with the federal minimum wage and median post-graduate salaries increasing by only 116% and 165%, respectively.

By the time they graduated, Millennials could earn the federal minimum wage of $7.25. At that rate, it would have taken 3,398 working hours for Millennials to pay back their tuition in full.
Click to expand...

What does this prove?
 
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#685
#685
Rasputin_Vol said:
Millennials Have To Work Twice As Much As Boomers Did To Pay Off College, But There's A Catch...

Baby Boomers who attended a public college between 1982 and 1986 paid a total of $4,725 for a Bachelor’s degree.

Even if they had earned the minimum wage ($3.35 per hour), it would have taken them 1,410 hours to pay back their tuition in full. That’s equivalent to about nine months of work, assuming a typical 40-hour work week.

However, had they earned the average post-graduation salary ($20,400), they could have paid off their full tuition in 481 work hours or three months.

On the flip side, Millennials who attended a public college between 2006 and 2010 paid $24,638 in tuition costs and related fees.

Although Millennials faced a 421% increase in tuition costs compared to Baby Boomers, their post-graduation wages hardly caught up—with the federal minimum wage and median post-graduate salaries increasing by only 116% and 165%, respectively.

By the time they graduated, Millennials could earn the federal minimum wage of $7.25. At that rate, it would have taken 3,398 working hours for Millennials to pay back their tuition in full.
Click to expand...
Go poon hunting for a change.
 
#686
#686
Damn... now they are bringing back Rosie the Riveter to help the MIC...

Keep in mind... not for building s#!t here at home like bridges, rail, ports, etc... No, lets build more weapons to fight wars overseas.

 
#687
#687
Rasputin_Vol said:
Damn... now they are bringing back Rosie the Riveter to help the MIC...

Keep in mind... not for building s#!t here at home like bridges, rail, ports, etc... No, lets build more weapons to fight wars overseas.

Click to expand...


You’re upset that the defense industry is bringing back a campaign deployed during WW2 to recruit more workers? While the country is staring down a labor shortage?

Sorry, but eliminating our highly effective fleet of submarines wouldn’t end well.
 
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#688
#688
Rasputin_Vol said:
Damn... now they are bringing back Rosie the Riveter to help the MIC...

Keep in mind... not for building s#!t here at home like bridges, rail, ports, etc... No, lets build more weapons to fight wars overseas.

Click to expand...

That would be a better commercial for trying to survive in the current economy...so many part time jobs and barley making it ir at all..
 
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#693
#693
volfanhill said:
We are seeing softening in our brands that have consumers with household incomes of $75,000 and less. Our other brands are fine.
Click to expand...

That's the low end of the middle class.

I'm curious if your other brands mostly cater to higher income households, or do you produce generic products? I'm assuming these are everyday type products.

Our industry is impacted by a high regulatory environment and politics.
 
#694
#694
BreatheUT said:
That's the low end of the middle class.

I'm curious if your other brands mostly cater to higher income households, or do you produce generic products? I'm assuming these are everyday type products.

Our industry is impacted by a high regulatory environment and politics.
Click to expand...
Restaurant industry. And yes our other brands, except one, cater to slightly more up to significantly more income levels
 
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#697
#697
volfanhill said:
Restaurant industry. And yes our other brands, except one, cater to slightly more up to significantly more income levels
Click to expand...

You should hire me. I've turned my dive bar's average spend per guest from $15.50 to $24.75 in 1.5 years.

I squeeze money out of drunk poor's wallets like a ************.
 
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