Oops that cost for this year UCSC was for the whole 3 quarters. So
$40K/year according to UCSC..
https://financialaid.ucsc.edu/cost-to-attend/undergraduate-costs.html
But I would be surprised to see a college age kid pulling down $30K per
year.
On 10/11/20 3:52 PM, Robert wrote:
I forgot to take all the taxes out of that for each summer. I netted
more like 4K for the summer..
On 10/11/20 3:49 PM, Robert wrote:
When I went to UCSC one quarter all up cost about $1.7K in 1975 This
year, just the tuition, room and board and mandatory health insurance
is going to cost you $36K _california resident_ I was able to work
for $9.40/hour at a gas station as a jr manager, opening and closing
during the summer. 60 hours weeks for 12 weeks. That was almost $7K
for the summer, minus gas and some small expenses while staying at my
parents. Yes I was overpaid, pays to know someone, I also opened,
closed and did the books. But I don't care who you know but joe
blow isn't going to get a summer job that is going to come anywhere
close to $100K for summer or even year round work when you are in
college now. What's the difference? UC California turns students
away by the bushel. Instead of a system that focused on California
High School graduates, it's a system that focuses on attracting
donors that can put names on buildings. Slots are full from outside
the state at huge financial cash flow. Everyone else can go to a Jr
College.
On 10/11/20 2:27 PM, Ken Hohhof wrote:
Here’s one I don’t understand. Not pointing a finger, I genuinely
don’t understand. Student loan debt. Is that the huge issue that
people say? And if so, is that a new phenomenon? Why?
I assume my dad went to college on the GI Bill after WWII. I worked
20 hours a week all through college making pizzas and burgers, and
had a coop job every third quarter or so until the coop jobs
disappeared due to a recession.
https://en.wikipedia.org/wiki/Recession_of_1969%E2%80%931970
Plus my parents helped out. I don’t remember my friends in college
talking about student debt, but maybe they had it and it just wasn’t
talked about.
I can speculate some possible reasons for a student debt crisis now:
- Tuition has gone up
- Part time jobs and coop jobs unavailable or don’t pay enough
- Less financial assistance available
- Predatory for-profit schools
- Lots of kids who couldn’t find jobs in the Great Recession went to
school or pursued advanced degrees instead
None of these seem like adequate explanations. College is too
expensive, not sure how much it has gone up adjusted for inflation.
You’d think with online instruction and extensive use of low paid
adjunct professors they could keep costs down. Certainly dorms,
food and other amenities are a lot fancier than when I was in
college, maybe those costs have gotten out of hand. You’d also think
state schools and especially community colleges would be affordable
options, Harvard and Yale aren’t the only places to get a good
education.
But if there’s genuinely a huge student debt crisis, what is causing
it, and how do we fix it? Is “free college for all” really the only
solution?
I understand with the pandemic, people out of work can’t pay their
student debts, but supposedly this problem predates the pandemic.
*From:* AF <af-boun...@af.afmug.com> *On Behalf Of *Bill Prince
*Sent:* Sunday, October 11, 2020 3:54 PM
*To:* af@af.afmug.com
*Subject:* Re: [AFMUG] OT good to be a boomer
Yah. Even though I'm a boomer, I think attributing the current state
of the economy entirely on boomers is missing the mark somewhat.
There are a whole raft of issues that are squeezing millenials like
globalization and extreme automation. You keep adding barriers, and
getting or creating a good paying job just gets more difficult. If
all you can do is flip burgers at Micky D's or pour coffee at
Starbucks, maybe you need to think a bit more creatively.
bp
<part15sbs{at}gmail{dot}com>
On 10/11/2020 11:52 AM, Ken Hohhof wrote:
Obviously I’m prejudiced, but I don’t think this whole trope about
all the problems young people today face being the fault of the baby
boomers (and wishing they would die and stop hogging all the good
jobs) is quite accurate.
Yes we had a long recession starting in 2008 (but of course there
were recessions back in the 1970’s as well), but I saw a lot of
parents dipping into their 401K savings and taking out loans on
their paid-off houses so their adult children could live with them,
or to pay for their kids to go to college instead of being unemployed.
Baby boomer 401K plans were a big cushion for millennials and the
economy in general during the “Great Recession”. I think what will
actually hit the millennials is when the boomers do die, they won’t
be inheriting as much money because those retirement funds got
drained. Also, don’t kid yourself that 70 year old boomer greeting
people at Walmart or bagging groceries at Kroger is just continuing
to work for the fun of it, or that a millennial wanted that job
anyway. As far as the “good” jobs, age discrimination kicks in
around age 50. I don’t think Google and Facebook have a lot of
boomers writing code. How many boomers does Elon Musk have
designing Teslas and SpaceX rockets?
Still a funny skit, but I run into millennials who totally blame all
their woes on boomers screwing their generation over. And the “why
don’t they die already” viewpoint spills over into Covid
discussions. Lots of anti-maskers say things like “if they don’t
feel safe going out, they are free to not go out”. Or there aren’t
that many deaths if you ignore the old people who were going to die
anyway. People at least didn’t used to say stuff like that out loud.
*From:* AF <af-boun...@af.afmug.com>
<mailto:af-boun...@af.afmug.com> *On Behalf Of *Robert
*Sent:* Sunday, October 11, 2020 12:25 PM
*To:* af@af.afmug.com <mailto:af@af.afmug.com>
*Subject:* Re: [AFMUG] OT good to be a boomer
very apropos...
On 10/11/20 10:04 AM, ch...@wbmfg.com <mailto:ch...@wbmfg.com> wrote:
https://www.nbc.com/saturday-night-live/video/millennial-millions/3867395
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