Survey: 85% of New College Grads Move Back in with Mom and Dad

[uscitizen]

Massive debt, no jobs, high cost of housing

What other choice is there?

Entry level jobs pay shit

If the professors did their job instead of just hiking tuition into the stratosphere these graduates would not need to start at entry level or have such massive debts. As far as housing goes that is getting cheaper every day as long as the government keeps their fingers out of it. Government touched housing & turned it to shit. Now they have done the same with the higher education system.

I fail to see why college costs have escalated so much. Most majors involve instruction of 30-100 students. Professors do not make that much

Charging $125,000 for a degree that will pay you $40,000 a year is idiocy

Kinda like spending 1/2 billion or so to get a job that pays around 300K and only lasts 4 years.
ie president

 

[uscitizen]

A Master's Degree in Bible memorization doesn't really help. You need engineering, computer science (oops, did I just say "science"?) or some field that actually produces something.
Of course, engineering and science degrees are "really hard".

What degree do you have?

Yep CS degrees really pay off if you live in new dehli.

 

[Avorysuds]

If the professors did their job instead of just hiking tuition into the stratosphere these graduates would not need to start at entry level or have such massive debts. As far as housing goes that is getting cheaper every day as long as the government keeps their fingers out of it. Government touched housing & turned it to shit. Now they have done the same with the higher education system.

I fail to see why college costs have escalated so much. Most majors involve instruction of 30-100 students. Professors do not make that much

Charging $125,000 for a degree that will pay you $40,000 a year is idiocy

Kinda like spending 1/2 billion or so to get a job that pays around 300K and only lasts 4 years.
ie president

Half a billion, I thought Obama said over a billion =D

Good point though.

Hey, Rtard... It's like "investing," they make it to the Presidential level and then the perks come after their time in office is up… all the people they helped screw the tax payers out of billions and trillions pay out with interest!

 

[uscitizen]

I fail to see why college costs have escalated so much. Most majors involve instruction of 30-100 students. Professors do not make that much

Charging $125,000 for a degree that will pay you $40,000 a year is idiocy

Kinda like spending 1/2 billion or so to get a job that pays around 300K and only lasts 4 years.
ie president

Half a billion, I thought Obama said over a billion =D

Good point though.

Hey, Rtard... It's like "investing," they make it to the Presidential level and then the perks come after their time in office is up… all the people they helped screw the tax payers out of billions and trillions pay out with interest!

Yep remember Reagan's big payoff speech in Japan?

 

[Modbert]

I notice that there has been a lot of blaming of the federal government in this thread but something else has been left unmentioned. State governments have been cutting their aid to colleges over the past few years. This leaves a budget hole that is going to be filled the only way colleges can, tuition hikes. I don't like it anymore than the next person, especially since I currently have to go through but that's the situation.

Tuition at my school has gone up by about 50% in the past couple years due to the fact the state contributes less and less. It turns out for those at home not paying attention that when the states cut education, it ends up affecting the colleges too. Least the public ones that is, which is what I'm talking about here.

 

[syrenn]

How many times i heard the words " I wont work for less then...."

One of the thing college also does to its grads is to make them job snobs and working to survive is beneath them. Why work when its so much more pleasant to move back home.

 

[Modbert]

How many times i heard the words " I wont work for less then...."

One of the thing college also does to its grads is to make them job snobs and working to survive is beneath them. Why work when its so much more pleasant to move back home.

Sweeping generalizations! Hooray!

 

[Avorysuds]

Kinda like spending 1/2 billion or so to get a job that pays around 300K and only lasts 4 years.
ie president

Half a billion, I thought Obama said over a billion =D

Good point though.

Hey, Rtard... It's like "investing," they make it to the Presidential level and then the perks come after their time in office is up… all the people they helped screw the tax payers out of billions and trillions pay out with interest!

Yep remember Reagan's big payoff speech in Japan?

No, I was not born yet, lol.

 

[uscitizen]

I notice that there has been a lot of blaming of the federal government in this thread but something else has been left unmentioned. State governments have been cutting their aid to colleges over the past few years. This leaves a budget hole that is going to be filled the only way colleges can, tuition hikes. I don't like it anymore than the next person, especially since I currently have to go through but that's the situation.

Tuition at my school has gone up by about 50% in the past couple years due to the fact the state contributes less and less. It turns out for those at home not paying attention that when the states cut education, it ends up affecting the colleges too. Least the public ones that is, which is what I'm talking about here.

yep one of the side effects of reduced federal socialist spending.

 

[Avorysuds]

I notice that there has been a lot of blaming of the federal government in this thread but something else has been left unmentioned. State governments have been cutting their aid to colleges over the past few years. This leaves a budget hole that is going to be filled the only way colleges can, tuition hikes. I don't like it anymore than the next person, especially since I currently have to go through but that's the situation.

Tuition at my school has gone up by about 50% in the past couple years due to the fact the state contributes less and less. It turns out for those at home not paying attention that when the states cut education, it ends up affecting the colleges too. Least the public ones that is, which is what I'm talking about here.

yep one of the side effects of reduced federal socialist spending.

Funny story is the high costs before the cuts were a side effect due to expanding federal socialist spending.

 

[uscitizen]

I notice that there has been a lot of blaming of the federal government in this thread but something else has been left unmentioned. State governments have been cutting their aid to colleges over the past few years. This leaves a budget hole that is going to be filled the only way colleges can, tuition hikes. I don't like it anymore than the next person, especially since I currently have to go through but that's the situation.

Tuition at my school has gone up by about 50% in the past couple years due to the fact the state contributes less and less. It turns out for those at home not paying attention that when the states cut education, it ends up affecting the colleges too. Least the public ones that is, which is what I'm talking about here.

yep one of the side effects of reduced federal socialist spending.

Funny story is the high costs before the cuts were a side effect due to expanding federal socialist spending.

Yeah kinda contradictory cause and effects huh?
I guess it is a bit more complicated than just this or that.

 

[mudwhistle]

Study: 85% of College Grads Move Home to Live with Parents - TIME NewsFeed

The kids are coming home to roost.
Surprise, surprise: Thanks to a high unemployment rate for new grads, many of those with diplomas fresh off the press are making a return to Mom and Dad's place. In fact, according to a poll conducted by consulting firm Twentysomething Inc., some 85% of graduates will soon remember what Mom's cooking tastes like.
PHOTOS: See the evolution of the college dorm
Times are undeniably tough. Reports have placed the unemployment rate for the under-25 group as high as 54%. Many of these unemployed graduates are choosing to go into higher education in an attempt to wait out the job market, while others are going anywhere — and doing anything — for work. Meanwhile, moving back home helps with expenses and paying off student loans.
The outlook isn't sunshine and roses: Rick Raymond, of the College Parents of America, notes, "Graduates are not the first to be hired when the job markets begins to improve. We're seeing shocking numbers of people with undergraduates degrees who can't get work."

Brace yourself, folks. It's going to get a whole lot worse.

A few more years of Obama and we'll have the most educated homeless in the world.

 

[uscitizen]

Study: 85% of College Grads Move Home to Live with Parents - TIME NewsFeed

The kids are coming home to roost.
Surprise, surprise: Thanks to a high unemployment rate for new grads, many of those with diplomas fresh off the press are making a return to Mom and Dad's place. In fact, according to a poll conducted by consulting firm Twentysomething Inc., some 85% of graduates will soon remember what Mom's cooking tastes like.
PHOTOS: See the evolution of the college dorm
Times are undeniably tough. Reports have placed the unemployment rate for the under-25 group as high as 54%. Many of these unemployed graduates are choosing to go into higher education in an attempt to wait out the job market, while others are going anywhere — and doing anything — for work. Meanwhile, moving back home helps with expenses and paying off student loans.
The outlook isn't sunshine and roses: Rick Raymond, of the College Parents of America, notes, "Graduates are not the first to be hired when the job markets begins to improve. We're seeing shocking numbers of people with undergraduates degrees who can't get work."

Brace yourself, folks. It's going to get a whole lot worse.

A few more years of Obama and we'll have the most educated homeless in the world.

Wake up and see the truth, quit being played for a political parrot.

 

[syrenn]

How many times i heard the words " I wont work for less then...."

One of the thing college also does to its grads is to make them job snobs and working to survive is beneath them. Why work when its so much more pleasant to move back home.

Sweeping generalizations! Hooray!

Truth hurts doesn't it?

 

[American Cowboy]

Study: 85% of College Grads Move Home to Live with Parents

So I guess it is safe to assume 85% are Democrats

 

[KissMy]

If the professors did their job instead of just hiking tuition into the stratosphere these graduates would not need to start at entry level or have such massive debts. As far as housing goes that is getting cheaper every day as long as the government keeps their fingers out of it. Government touched housing & turned it to shit. Now they have done the same with the higher education system.

I fail to see why college costs have escalated so much. Most majors involve instruction of 30-100 students. Professors do not make that much

Charging $125,000 for a degree that will pay you $40,000 a year is idiocy

Would you invest 125 grand in a business proven to pay you 40 grand a year ?
I damn sure would.

Not I would not invest $125K for a degree to make $40K/yr if I could make $31K right out of HS without college. The extra 9K difference in pay won't pay for the $125K degree + $53K interest on that money + $124K for 4 years of lost pay & experience I would have missed while in college. No you could not make up the difference before you retire.

The only way it works is to get a job out of HS & pay your own way through college while working. You save $53K in interest & get paid $124K for the 4 years of work that most college kids don't do while in college.

Now just think if you took that $125K worth of student loan money & invested it for the 4 years you were in college & the 10 to 15 years you were making payments on it. Hell if you just used it to buy gold 10 years ago you would already have $750K - $125K loan - $34K interest = $591 in your pocket. At that rate you could make $135 Million before you retire.

 

[Grace]

I don't have grads moving in with me. The ex inlaws did. But they gave notice they are moving in October so it will be back to the grind again finding roomies that are as hermitish and quiet as ex and I are. I hate that part.

 

[editec]

I fail to see why college costs have escalated so much. Most majors involve instruction of 30-100 students. Professors do not make that much

Charging $125,000 for a degree that will pay you $40,000 a year is idiocy

Colleges jack up tuition rates to match the amount of government backed student loans. Just like when government backed home mortgages it drove house prices through the roof faster than earnings or inflation. Now college tuition rates are climbing at twice the rate of inflation & wages because government is handing out way to much student loan money.

It’s almost always true when you apply this rule… “Subsidize what you want more of.”

If you want higher tuition for schools or higher cost for housing, let Government help you buy it =D.

There is CERTAINLY more than an element of truth to that.

 

[editec]

I fail to see why college costs have escalated so much. Most majors involve instruction of 30-100 students. Professors do not make that much

Charging $125,000 for a degree that will pay you $40,000 a year is idiocy

Would you invest 125 grand in a business proven to pay you 40 grand a year ?
I damn sure would.

Not I would not invest $125K for a degree to make $40K/yr if I could make $31K right out of HS without college. The extra 9K difference in pay won't pay for the $125K degree + $53K interest on that money + $124K for 4 years of lost pay & experience I would have missed while in college. No you could not make up the difference before you retire.

The only way it works is to get a job out of HS & pay your own way through college while working. You save $53K in interest & get paid $124K for the 4 years of work that most college kids don't do while in college.

Now just think if you took that $125K worth of student loan money & invested it for the 4 years you were in college & the 10 to 15 years you were making payments on it. Hell if you just used it to buy gold 10 years ago you would already have $750K - $125K loan - $34K interest = $591 in your pocket. At that rate you could make $135 Million before you retire.

That might be a grand plan if the kids could borrow that $125,000 and invest it instead of paying for college with it.

But that's not an option for them.

 

[mudwhistle]

Study: 85% of College Grads Move Home to Live with Parents - TIME NewsFeed



Brace yourself, folks. It's going to get a whole lot worse.

A few more years of Obama and we'll have the most educated homeless in the world.

Wake up and see the truth, quit being played for a political parrot.

Pot...meet kettle.