Income, education, and Generation Y

[krazen1211]

The problem is that we now live in a society where every single child is raised with the notion that they will never amount to anything unless they make it into college at age 18. College acceptance standards have dropped as well and more people are attending college than ever. This leads to nothing more than more people applying for the same jobs because more people are qualified. Doing well in the academic field and doing well in the private sector are two very different things. In today's world we end up with 20 people applying for the same position because the unnecessary amount of people going to college has resulted in more people being qualified. We can't all be doctors. If we were all doctors, then who would be the teachers? Forcing and pressuring everyone to attend college is not what this economy needs. The perfect economy is balanced. There are plenty of people who can make grades in college classrooms but have no chance in the private sector because of how different the worlds are. As long as the notion of people not being able to reach success unless making into college after high school is planted into the brains of our youth, we will continue to have a very educated society accompanied by a low income due to over qualification of trade and non-skilled jobs. The politics of education needs to stop and we need to establish a balanced economy once more.

Have you seen the unemployment rates for people without college degrees? Have you seen the income figures for people without college degrees?

You have to go to college to be a teacher too. And if Krazen has his way, I don't know why anyone would want to be a teacher and be demonized and villified and have your salary and benefits be subject to the whims of political grandstanding.

You people have had your way for 40 years. US education spending is now $11k per pupil.

http://www2.ed.gov/about/overview/fed/10facts/edlite-chart.html

[krazen1211]

I don't question that. However, the millennial generation is NOT dumber than its predecessors, and almost certainly not more lazy.

We have always had a very cushy lifestyle in our generation.

The government education industry complex has taken advantage of that. See monstrous palace dorms and gourmet $20 a day meal plans.

And, of course, labor force participation rates have plummeted due to these types not entering the labor force.

[krazen1211]

I don't question that. However, the millennial generation is NOT dumber than its predecessors, and almost certainly not more lazy.

We have always had a very cushy lifestyle in our generation.

The government education industry complex has taken advantage of that. See monstrous palace dorms and gourmet $20 a day meal plans.

And, of course, labor force participation rates have plummeted due to these types not entering the labor force.

And of course this has nothing to do with the Boomers retiring and somehow having a good lifestyle dictates the type of person you are.

Facts are tricky for liberals.


http://www.urban.org/UploadedPDF/412880-why-are-fewer-people.pdf

The dramatic drop in labor force participation during and after the Great Recession has
been driven by a decline in labor force entry rates rather than substantial increases in the
share of workers becoming discouraged and leaving the workforce.