Generation Y likely to be permanently depressed wage wise

Discussion in 'Off-Topic' started by Commissar Smersh, Dec 22, 2012.

  1. mistawiskas

    mistawiskas kik n a and takin names

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    WTF ever dude.
  2. mattdev

    mattdev liberal crybaby

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    “It’s a generation that had really high expectations, in some part driven by the way they were raised by their boomer parents,” she says. “Yet in the past five years they have had reality slammed in their face by the employment situation.”

    This about sums everything up.

    I'm quite possibly the most self-loathing Gen Y-er out there. I can't stand most of my generation. With some exceptions, most are a bunch of entitled slackers who have been told since a young age that they can be anything that they want to be. The sad fact is that many of them, to this day, still believe that. Combined that with a terrible economy and you have a recipe for disaster.

    Most of them expect that they'll get a 6 figure salary right out of college, but that's simply not the case. Unless you have a job throughout college, you'll end up working a completely shit job for awhile until you can work your way up. I had a steady job throughout college as a graphic designer and when I graduated, I still made terrible money and had to freelance on the side to make ends meet. Even though the pay was bad, it was an incredible job that served as a launchpad to get me to the point where I'm at now.

    I think that's where much of the problem arises. A college degree usually won't help you at the entry level, but it will make a huge difference as you start working your way up in your career. A degree doesn't earn you a get-out-of-grunt-work card. You still need to do the shit work before working your way up. Unless you have nepotism on your side, that is.
  3. mattdev

    mattdev liberal crybaby

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    Also, Sparky, I honestly wish there were more English majors in the world. I was a marketing/advertising major and it's UNBELIEVABLE how many of them cannot grasp basic grammar. Peer reviewing college papers in the school of business was the most unbelievable thing to deal with. If I were the professor, I would mark them down a letter grade for every 3 typos/grammatical errors. It's obscene.

    If there were more writers in the business world, I think we would become so much more efficient. The amount of problems that arise due to poor communication is insane and basic writing skills would eliminate the majority of this. The most incredible person on my team was an English major in college and I have her proof pretty much every pitch/important e-mail I put together. It's a godsend having someone like her, because just simple changes in how things are communicated make all of the difference.
  4. mistawiskas

    mistawiskas kik n a and takin names

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    "Reality sucks, then you die" could have been the message taught, but where would that have led?
    Still, boomers have lived through many more bad times and were taught to be optimistic, even though
    the shit was hitting the fan. I've seen four of these "great recessions", each one getting worse in severity.
    There was the one in the 70's, 80's, 2000, and 2007. That's better than 40 years of the cycle repeating.
    One of two things will happen: it'll get fixed, or it won't. My optimism was shattered long ago.
  5. MSP

    MSP Haunting a dead forum...

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  6. MSP

    MSP Haunting a dead forum...

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    Just had a funny conversation with my daughter. She's watching the student loan debt pile up (against my advice), and decided to lower her expenses she would move off campus and get an apartment... o_O

    I sat her down and went over the numbers, that fantasy didn't last long.
  7. ThatHideousStrength

    ThatHideousStrength Junior Member

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    My nephew is going to be 18 and has no idea what he wants to do. He told me programming. So I told him he needs to start NOW. He said next semester he will take courses. I don't really know what to do with him. All he does is play video games. When I was in high school, that was when I tinkered with computers and learned how to fix them. It definitely helped me get to where I am know which is a Systems Admin. I just feel like in today's world you need to excel as early as possible otherwise you will have a hard time.
  8. mistawiskas

    mistawiskas kik n a and takin names

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    Reality will grab ahold of him sooner or later. Lots of times, that form of reality bites in when they are living the dread of
    having to report everyday to a job like working behind the counter at a micky-dees.
    By the time I was 16, I already had my first journeymanship under my belt.
    And I was even a chronic stoner. I can't imagine a life of doing nothing but vid games and texting.
  9. ThatHideousStrength

    ThatHideousStrength Junior Member

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    Yeah. I was pretty blunt. I even offered to show him a little scripting on his computer and he wasn't interested. Right when he did that I just felt like he wasn't going to make it.

    I think it'd do him great to just move to a city with some friends instead of getting into debt because I honestly think he is gonna waste money.
  10. mistawiskas

    mistawiskas kik n a and takin names

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    Just like with the mortgage market/bubble, people who shouldn't get the student loans, get them and the financiers make out like a bandit until it bursts.
  11. MSP

    MSP Haunting a dead forum...

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    I haven't dropped the hammer yet, because of the holiday, but this weekend I break the news to my daughter that I won't be co-signing on any more student loans for her. Since she's been on campus she basically hasn't worked, no responsibilities other than her studies, and then I saw her grades: 2.9 GPA. She's not serious and I have no intention of helping her tie a financial noose around her neck. She'll be coming home after the 2nd semester and going to a local college, at least until she gets her act together and declares a major.
  12. mistawiskas

    mistawiskas kik n a and takin names

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    She's not the only one with a noose around her neck if you co-signed any loans.
  13. MSP

    MSP Haunting a dead forum...

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    Absolutely. And in fact when I co-signed I fully expected that I would be paying them back for her. If she graduated with a viable degree it would have been a graduation present. If she didn't graduate and couldn't pay her debt then I would make the payments for the first year, at which point I'm dropped from the loan. Trust me, I looked into the fine print on that before I signed. After the first 12 payments are made on time the co-signer is removed.
  14. tex

    tex jive turkey

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    You're not the only one, my wife and I are of the same mindset. Everyone always asked why I was working nights and shit while I was in school, and now they're all stuck in bartending jobs and other shit.
    Also smaller/community college works, I have an associate's degree that I probably paid $5k total for
  15. ShabazKillaX

    ShabazKillaX I'm an F18 bro

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    Wait, you're saying that someone with a degree in mid century kitsch can't find an entry level job paying 6 figures? I'm shocked I tell you.

    But seriously, we have way too many kids in college and not enough in trade/vocational schools. Little Jimmy's mom told him he was special and could be anything he wanted, never mind the fact he has a room temperature level IQ. The only thing those mouth-breathers have accomplished is lowering the worth of a bachelors degree (and to some extent a masters degree) to practically nil, while raising the cost of obtaining one to ridiculous levels. I believe George W. Bush said it best - Mission Accomplished.

    Oh well, I guess I shouldn't complain since I'm a Gen X'er who doesn't have a college degree but somehow still manages to pull in 6 figures.