You can't "adult" your way out of fiat money consequences. Minimum wage in 1964 was $22/hour. Don't remember that? That's because the $1.25 in five silver quarters would have a melt value of $22 today.
The average eighteen year old high school graduate signed up for debt under completely false pretenses. I know several tech graduates who were told they were going to be making $$$ and then couldn't get a job in the field thanks to floods of H1B cheepee hires.
I know it's fun and cute to laugh at people younger who are further away from the gold standard switch having to make far less money go further. I think we ought to be calling out the college scam for what it is, the Federal Reserve for what it is, and calling giving kids who can't hardly balance a checkbook a lifetime of crippling debt what it is--criminal.
Exactly this. Giant money laundering scam, every aspect of the system and culture funneling kids into an unlimited federal loan - tuition increase cycle with no performance-based admission barriers. Inflated cost and inflated courses inflated degrees. This bubble has to pop, but shame on us 17yos for not telling every adult in our lives and school system to shove it bc the ‘college system is flawed’, live and learn I guess. . .
You can't "adult" your way out of fiat money consequences. Minimum wage in 1964 was $22/hour. Don't remember that? That's because the $1.25 in five silver quarters would have a melt value of $22 today.
The average eighteen year old high school graduate signed up for debt under completely false pretenses. I know several tech graduates who were told they were going to be making $$$ and then couldn't get a job in the field thanks to floods of H1B cheepee hires.
I know it's fun and cute to laugh at people younger who are further away from the gold standard switch having to make far less money go further. I think we ought to be calling out the college scam for what it is, the Federal Reserve for what it is, and calling giving kids who can't hardly balance a checkbook a lifetime of crippling debt what it is--criminal.
Exactly this. Giant money laundering scam, every aspect of the system and culture funneling kids into an unlimited federal loan - tuition increase cycle with no performance-based admission barriers. Inflated cost and inflated courses inflated degrees. This bubble has to pop, but shame on us 17yos for not telling every adult in our lives and school system to shove it bc the ‘college system is flawed’, live and learn I guess. . .