Unemployment thread

[CatTower]

College was a sure shot to a great job until we started the whole diversity initiative, which was just an excuse for big businesses to hire tons of foreign workers at lower pay.  

[LinvilleGorge]

Just now, 4Corners said:

College can be a scam. I have a degree that generally speaking I don’t use, but I doubt I would have the job I have now without my degree. It’s a weird cycle. 

Facts. I'm 37. We were told when I was on HS to just go to college and get a degree. Major I'm what you love. It doesn't really matter, that degree is your key to the world. In a lot of ways that was decently accurate back then. It no longer is.

I've never truly used my degree. It's always just been a way to check a box for HR.

The cost of college has also absolutely skyrocketed. It's a self fulfilling prophecy. Hiring managers and HR folks went to college and checked that box and pay on those student loans every month, so everyone else needs to as well whether there's any actual need there or not. We have to break that cycle. I'm not saying college isn't valuable. It is. But we have to reevaluate the positions that truly require a degree or not.

 

[toldozer]

We had to shut down yesterday.  Luckily we're a business of 6 people so I think I'm ok to be paid thru next month.  If things push in up may or June things will get very uncomfortable.  Was also supposed to be getting married in April but we are having to rework everything.  I know practically everyone is stressed to the max.  Hoping everyone gets the assistance they need when they need it,  whether that's financial, emotional or anything between. 

[Pantha-kun]

28 minutes ago, rayzor said:

BBA and MBA out of state private University and 15+ years of interest.

Came from a lower middle class family so couldn't get much in grants. No money to pay for it so had to borrow most of it which was (too) easy to do. I was young and financial aid department said it was a good idea (of course) and helped me get as much as possible. I worked, but I had to live off campus so most my money went to living expenses while loans took care of college.

Spending several years struggling as a small business owner didn't help either. Made it hard to get ahead paying anything on it.

Lots of hard lessons learned. Lots of work. Not much to show for it except a couple pieces of paper and college debt I'll never be able to pay off....but it was all what you were "supposed" to do.

Zigged when I should have zagged.

I've got about 70k overall debts including student loans and any other credit accounts that affect my credit score. 

 

Schooling was a waste for me. I'm going 5000 more in the hole for trucking school and that's that . 

I'm not expecting to be able to pay it off unless I win some sort of lottery or devote an ungodly amount of income to monthly payments.  I could eventually consolidate all my debt into one account I could pay on but id have to make a huge sacrifice life wise to keep up with payments , probably living in ultra cheap shared housing arrangements for the vast majority of my life .

If I could redo the last 10 yrs of my life idve gone to the military for 4-6 yrs and then became a trucker with 0 debt . If I did that I could've been easily making 70k+ per year by now with no debt and in a nice small house before 30. 

[Davidson Deac II]

1 hour ago, Anybodyhome said:

Broadband everywhere is in rough shape- too many people home, too many people using bandwidth, too many people on the web. I've heard all the ISP are throttling the hell out of their bandwidth. Mine at home has been atrocious for a couple weeks now.

I have heard just the opposite.  They are doing everything they can to keep it opened up.

 

The majority of connection issues general are at the destination for the connection.  For example, if you are streaming movies from netflix or amazon, they are probably getting to the max they planned for.  Some are with the home environment.  In other words, the bottlenecks.   Relatively few are with the pipe in between, although there are certainly more issues with that than in the past.  

[Wes21]

45 minutes ago, rayzor said:

Yep. I grew up being taught it was the thing to do....that you had to do it for your life to matter. The cost was worth it, they said. People telling me that didn't have nearly so high a price to pay for their education. They lived with a very different reality than I found myself in, but the expectation was to play by the same rules. When you're young and growing up, you're supposed to listen to the advice of those older than you because they had supposedly been there before. The truth is, they hadn't. The game changed.

So much truth to this.  I've got my degree from a D1 school and I loved the experience.  But now that I've seen behind the curtain and know the reality, I see how much smoke was being blown up our butts regarding college.  The truth is a majority of the people who are successful after coming out of college would have been successful if they never went to college.  I want my daughter to go for the experience, to get a feel for a potential career path and to MAKE CONNECTIONS.  As I've grown older and wiser, I now realize how important it is to use your college years to make connections and take advantage of getting your foot in the door with companies thru internships, etc.  I'm definitely not going to lie to her about what her degree is going to be worth when she gets out.

[Bytes]

1 hour ago, CatTower said:

College was a sure shot to a great job until we started the whole diversity initiative, which was just an excuse for big businesses to hire tons of foreign workers at lower pay.  

If you define a great job based on salary, then diversity has nothing to do with why you dont have a great job. Corporate profits have been through the roof for the last 15 years while employee compensation gains have avg 1 -3 percent gains year over year. So tell me, if your company profits are booming, but your salary remains flat, is it logical to blame diversity?

[CanadianCat]

Wow thats a far different reality that what we have up in Canada. Im 34 and when I went to University the average yearly cost was about $5,000. I think the way it breaks down out here is that the student only pays about 20% of the cost of University and the Provincial and Federal Govt cover the rest.

I would be so overwhelmed coming out of University with 180k in debt. I though my 20k was rough!

But we pay higher taxes as well. Where I live the tax rate is 37% on your income and 13% on goods and services. 

[CRA]

2 hours ago, bull123 said:

how does anybody rack up that kind of debt for college??

Tuition/room and board for 4 years?  Pretty easy.    Super easy at a private school.  Super easy at many big schools if you are out of state.   Hell, tuition + room and board at UNC Chapel Hill is NUTS if you are out of state.  Or double hell, go be a Gamecock out of state and check that bill too.   Insane. 

I'm not that old and tuition  has skyrocketed since I was in school.  It is just crazy.  Tuition alone for a year at many well known schools in the Carolina's is 30-50k. 

Pretty easy to walk out with 100-200k in debt these days and that is just undergrad...

[Ready 2 Win]

Folks are gonna learn to get out of the US for education. A BA degree is nothing more than a HS diploma these days! In many places like Spain or Portugal you can go 100% free. So many other places in the world even without a scholarship for being a Native English speaker  you can attend for less than 2,000 USD per year.

I was born and raised in and around Raleigh. And ALL of the people I grew up with are still int he same area..still doing the same things, meeting the same people and living the same life. If i wish anything on the young people of today...it is to get out of the US and spend at least a semester if not several years in another country. 
 

[4Corners]

4 minutes ago, CRA said:

Tuition/room and board for 4 years?  Pretty easy.    Super easy at a private school.  Super easy at many big schools if you are out of state.   Hell, tuition + room and board at UNC Chapel Hill is NUTS if you are out of state.   

 

It’s nuts for any public NC university out of state. 

[4Corners]

19 minutes ago, CanadianCat said:

Wow thats a far different reality that what we have up in Canada. Im 34 and when I went to University the average yearly cost was about $5,000. I think the way it breaks down out here is that the student only pays about 20% of the cost of University and the Provincial and Federal Govt cover the rest.

I would be so overwhelmed coming out of University with 180k in debt. I though my 20k was rough!

But we pay higher taxes as well. Where I live the tax rate is 37% on your income and 13% on goods and services. 

I have thought about moving to Canada. Sounds like a great country. Trudeau is a true leader unlike what we have here. 

[dave-o]

I thought this was gonna be another Cam thread....  Too soon?

[LinvilleGorge]

Just now, dave-o said:

I thought this was gonna be another Cam thread....  Too soon?

On a 1-10 butthurt scale I'm pretty close to maxed out about the Cam situation.

I still chuckled.