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08:00 PM on 05/04/2011
It should be a crime, punishable by public flogging, for institutions or persons to loan more than 2/3rds of likely starting salary to college students. This statistic was formulated by financial columnist Liz Pulliam Weston. With teacher starting salaries about $35,000, Noelle should have only borrowed $23,400, not $50,000.

What's also sad is that the college bound are sold the myth of "get a college degree at any price." Not true any more. And certainly more true for certain majors. Had Nicolle majored in chemical engineering, with an average starting salary of $67,000, she could have not only had a job before graduating, but been able to cover monthly debt for student loans.

The reason businesses do strategic planning is to increase their likelihood of success. Young people must plan strategically too.
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Aj Beamish
More human than you, man.
08:08 PM on 05/04/2011
I agree with the first half of your statement. And this excessive and unreasonable charge for an education is where the problem lies.

But the second half is insanity and makes zero economical sense. If every one planned to do the job that pays the most you know what would happen to the salary level of that job with the influx of potential candidates? All that competition would drive the salary level down. Not to mention the social implications of such a philosophy. We'd end up with a million lawyers and politicians and no teachers and people to fix the infrastructure.
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markhas2
08:46 PM on 05/04/2011
Nicolle couldn't make it in chemical engineering it is much to rigourous which is why she opted for teaching. That $35,000 starting teaching salary would also include the benifits for another $20.000 bring her real pay to the mid-fifties and untaxed to the extent the chemical engineer is going to be taxed inorder to pay Nicolle her first penny. Then the triple wammy when Nichole can retire after 20 yrs. of part time work. And the chemical engineer is working overtime into his late 60's to keep the trough full of slop for the likes of Nicolle... start following the money and connect the dots.
BlackTom
Your micro bio is empty
09:27 PM on 05/04/2011
now now
You are insulting teachers out of ignorance and misplaced jealousy.
Get the facts, and your nastiness will take care of itself.
Or don't.
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Peanut Santiago
09:34 PM on 05/04/2011
Some of us appreciate our teachers.
It is a much harder job than many others.

Both teaching and chemical engineering are hard, just in different ways.

Also, I can see you have nothing but disdain for people who do public service jobs.
Yet without teachers, nurses, police, firemen, and even garbage men....YOUR life would not be the same.

We (society) need people in all types of jobs, not just the so called prestigious ones.

I will take a dedicated and mild mannered teacher over a cocky, thinks he knows-it-all engineer any day.
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darter22
Very funny, Scotty. Now beam down my clothes.
07:58 PM on 05/04/2011
Things will never change until you vote and exercise your political power.
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hypnotoad72
Freedom = real democracy = living wages
07:58 PM on 05/04/2011
A lot of coworkers are feeling less-than-optimistic as well.  One feels he demands a big pay increase or else he will leave (my guess is neither will happen), others are noticing they are getting a lesser workload.

Meanwhile, we working class either spend too much or save too much or are uneducated despite working our butts off in college and everything else... and saving for retirement too, despite seeing pay stagnate ore decline...  and all right before hearing the latest wall street scam where there was a big sellout of stock (meaning "bye bye" to our retirement hopes).

Fair-paying jobs first; everything else stems from having fair pay coming into one's budget.  I mean, "Only do what you can afford" doesn't cut it when every company wants somebody to have a college degree that takes time and massive amounts of money ($50k with ease) - loans are inevitable...
07:58 PM on 05/04/2011
I think we will all feel a lot better if we stop subsidies to oil and corporate farmers and tax the rich as they should be taxed, without loopholes or deductions. Lets start making things in the USA and strengthen Medicare and SS ; we will be so optimistic!. And, lets stop demonizing unions and government employees. We will feel great!
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07:53 PM on 05/04/2011
Each of these young professionals will need a few million put aside for their retirements when 2050 or 2060 rolls around. America - nation of millionaires - it's going to be norm, right?
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hypnotoad72
Freedom = real democracy = living wages
07:59 PM on 05/04/2011
That depends on what the population of America will ultimately be... or be counted as...
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markhas2
08:51 PM on 05/04/2011
the plan is to kill off certain segments of society like the poor. Then we won't have to worry about them bothering us for hand-outs and food stamps and stuff like that there. Just ask paul ryan he has the plan all ready to go.
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kyeshinka
07:35 PM on 05/04/2011
Forty-four percent of young people actually think they'll be better off? How stupid are they? Obviously a whole childhood of being commended for the slightest accomplishment has worked too well.
Kids, get a clue. You're screwed. Better start those Mandarin lessons now and seeking your fortune abroad because you won't find it here. The upside is that by living abroad, you can starve the older generations of those Social Security dollars you won't be contributing to the program! Think of it as a parting gift.
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hypnotoad72
Freedom = real democracy = living wages
08:07 PM on 05/04/2011
I think there's more to it than just coddling kids that's going on, but I can't entirely disagree... the whole of the situation isn't one-dimensional.

And it's sad that "America #1" has become so #666 that it is being so drastic toward its youth.
11:49 PM on 05/04/2011
More than that: media as a whole. Television, music, movies; all the things people have been being fed that make it feel like each one of them is intelligent, unique, creative.. they feel they're each Andy Warhol, so to speak. Just think of the lyrics to the popular songs, the ones people sing about being awesome; America believes it when they're singing along.

But to Kyeshinka; China doesn't need American workers, they have a society full of better trained, more educated, and educationally motivated citizens.
BlackTom
Your micro bio is empty
08:39 PM on 05/04/2011
I'm 46, and it seems clear that my generation has not achieved the "better off" status.

The whole concept is a fairy tale. After the Great Depression and WW2, things got a LOT better for a long time. But things change. They change back too, but these days "uncertainty" has become a dirty word, instead of a fair description of reality.
It seems like unions helped a lot, in the old days. There may be something to that idea of everyone working together for the benefit of everyone.
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07:29 PM on 05/04/2011
What does "found found" mean?
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knotsofast
How much did our nation's debt increase today?
07:26 PM on 05/04/2011
They better get to work and start paying off the national debt--chop! Chop!
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07:23 PM on 05/04/2011
Don't worry -
The Big Oil GOP is doing very well.
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cccoyote
Exile Citizens United
07:22 PM on 05/04/2011
Their optimism has been reduced to choosing between Taco Bell or McDonalds uniforms, unless they wish to relocate and be paid in Rupees.

Our leaders have allowed the outsourcing of our future.
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kyeshinka
07:36 PM on 05/04/2011
They're outsourcing Taco Bell and McDonald's positions, too. In a few months you won't need to talk to anybody while placing an order at the drive thru. Just a few people to assemble the sandwiches.
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hypnotoad72
Freedom = real democracy = living wages
08:04 PM on 05/04/2011
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hypnotoad72
Freedom = real democracy = living wages
08:07 PM on 05/04/2011
Still not fixed...

I do recall reading something, from a few years ago, where McD was working on centralizing drive-thru procedures.

The following is not that article, but has a lot to say on the issue and rightly so:  http://www.geeknewscentral.com/2006/12/21/mcdonalds-outsources-the-drive-thru-workers-in-hawaii-mcdonalds/

Still, on the plus side our tax money still goes to help poor penniless mcdonalds sell chicken parts overseas:  http://ecosalon.com/squawk-our-tax-dollars-help-mcdonalds-hawk-chicken-in-europe/
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07:21 PM on 05/04/2011
The next generation needs to take control and rebuild the nation.
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OurTimeJames
Cheerleader at OurTime.org
07:25 PM on 05/04/2011
Right on.
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MrStat1
Conservative, NRA and Proud of It
07:41 PM on 05/04/2011
That's why we have voting.
07:53 PM on 05/04/2011
In a post-Citizens United America, democracy is at least on life support, if not dead.
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hypnotoad72
Freedom = real democracy = living wages
08:03 PM on 05/04/2011
If lobbyist influences can buy off either party, what is the rationale for voting when the vote becomes meaningless and bought by someone else's money?  That isn't democracy, a republic, or even democratic republic.  It's a plutocracy.