"Don't go to college, go to a trade school"

[Althea]

I pay taxes...........do you?

Of course. The wealthiest corporations do not.

 

[Althea]

The chart that started the thread came from the FED study I posted the link to. If you're too fucking dumb to comprehend I do not care.

No you didn't. You claimed that ALL (LMAO) stats prove the OP right.

And linked the board to a study about late Covid economic recovery. Do you even read your links?

 

[Into the Night]

I think a lot of people had that thought, I'm not sure you can claim that.

But regardless, yes, public schools should be funded by taxes on the rich and corporations.

If your goal is to cut back the costs of college, then offering free tuition for public schools will force the private schools to lower theirs in order to compete for students.

Unconstitutional.

 

[Althea]

All stats prove it. Including the survey we are referring to. https://www.federalreserve.gov/publ...-economic-well-being-us-households-202205.pdf

I would normally not give a damn about Altheas posts here, but he is exactly right and you are stupidly wrong............maybe YOU should learn to read better.

Let's offer her the link so she can read it for the first time

https://www.federalreserve.gov/publ...-economic-well-being-us-households-202205.pdf


Proof that sometimes a college degree doesn't prove anything when it comes to common sense

 

[Into the Night]

So again, a highly emotional argument that ignores the economics.

You're trying to argue that it's bad economics for you to feel unfair.

Well, I hate to be the one to tell you this, but the economy does not give a shit what you think is fair and not fair.

So instead of whining about unfairness, use these opportunities to improve your own station.

What is stopping you from going into your boss' office and asking for a raise since you didn't have any debt to forgive?

You don't know economics.

 

[BidenPresident]

No you didn't. You claimed that ALL (LMAO) studies prove the OP right.

And linked the board to a study about late Covid economic recovery. Do you even read your links?

https://www.federalreserve.gov/publ...-economic-well-being-us-households-202205.pdf

 

[Althea]

https://www.federalreserve.gov/publ...-economic-well-being-us-households-202205.pdf

Are you for real?

Quit while you're only a little behind.

 

[BidenPresident]

Are you for real?

Quit while you're only a little behind.

bye

 

[Althea]

bye

Your link:

Adults with at least a bachelor’s degree continued to be much more likely to be doing at least okayfinancially (91 percent) than those with less than a high school degree (49 percent). The 42 percentage point gap in well-being was little changed from the 44 percentage point gap in 2020(figure 2). Moreover, looking over the past five years shows a steady and sizeable increase infinancial well-being among those with at least a bachelor’s degree (an increase of 9 percentagepoints in the share doing at least okay from 2016 to 2021), while adults with less than a highschool degree have not experienced lasting gains in financial well-being.

This is called 'cherry picking'. Why not compare to those with a high school degree?


This one is going to hurt:

Parents were one group that experienced particularly large gains in financial well-being over theprior year. In 2021, three-fourths of parents said they were doing at least okay financially, up 8 percentage points from 2020 (figure 3).Low-income parents saw even more substantial increases in their financial well-being in 2021.Among parents with income under $25,000, the share doing at least okay financially rose by13 percentage points, from 40 percent in 2020 to 53 percent in 2021. The share of parents withincome between $25,000 and $49,999 who were doing at least okay financially increased by7 percentage points, while those with higher income exhibited more modest improvements.


A potential explanation for the large rise in financial well-being among parents is the expansion ofthe CTC. The American Rescue Plan temporarily increased the CTC from $2,000 per child to$3,000 per child ($3,600 for a child under age 6), increased eligibility among low-income families,

I tried to explain that your link does NOT prove the assertion in the OP. It just shows that govt. funding saved the economy during Covid.

And then you ran away.

 

[T. A. Gardner]

Agree. Or, as stated previously, that plumber invests wisely because he/she has immediate income, and becomes a multi millionaire.

Granted, you address possibilities as opposed to norms, but the thread is basically addressing gross generalizations.

In the late '70s, I knew a kid who bought a trailer and a few mowers and was making six figures/year with winters off. I have a new neighbor who bought a $300,000.00 home last year, has more toys than you or I, and does landscaping/snow plowing/tree work.

I'm quite sure he didn't go to college.

While I did go to college, and got two undergraduate and a graduate degree, I mostly worked in the trades as a master electrician and for a while as an electrical contractor. I'm retired now and I'm a multi-millionaire. I moved in May into a $775,000 6 br, 3 bath house that I paid cash for.
Where guys in the trades don't go into that sort of money is they are content to take a job as an employee making good money and having a comfortable lifestyle with few or no bills by retirement. The key is being able to work hard and know what you're doing.

A few years back--I'm not interested in finding a full-time job anymore--both Boeing and Raytheon wanted to hire me for big bucks because I had a security clearance and knew how do stuff like program and troubleshoot industrial computer coding (ladder logic). They were practically begging me to apply because they couldn't find enough people that did that sort of thing, and it isn't generally taught in colleges.

The first rung 001 (top line) reads: NAND Bit 5.10, AND Bit 5.11, AND Bit 5.12, OUTPUT Bit 3.1, OR OUTPUT Bit 3.2. I understand what all of that means and how it physically would translate on the machine. That's big bucks because fixing a gazillion dollar machine so it starts producing again quickly is worth paying someone like me big money to be around when it breaks down.

 

[SmarterthanYou]

Of course. The wealthiest corporations do not.

ok, that makes two of us. i'm pretty sure there's gotta be at least 200 million more people that pay taxes............right?

 

[Into the Night]

I don't know much about plumbing but I would imagine along the lines of what you said that one could own a plumbing business and make good money. This same plumber could also have a side hustle of buying real estate and maybe building up a small portfolio of properties and after a period of time have quite the net worth.

I've seen this happen in exactly this way more than once. I do my own plumbing, but a professional plumber can make some really excellent money!

And your example of attorneys is spot on as well. Not all attorneys are rich. Not all attorneys become Partners at high profile big city law firms. There are attorneys take out huge loans for law school then get low paying jobs and spend years upon years trying to repay it.

It is beyond count how many times I see some shabby defense attorney in a courtroom. I've seen some prosecutors that were pretty bad too.

 

[Althea]

While I did go to college, and got two undergraduate and a graduate degree, I mostly worked in the trades as a master electrician and for a while as an electrical contractor. I'm retired now and I'm a multi-millionaire. I moved in May into a $775,000 6 br, 3 bath house that I paid cash for.
Where guys in the trades don't go into that sort of money is they are content to take a job as an employee making good money and having a comfortable lifestyle with few or no bills by retirement. The key is being able to work hard and know what you're doing.

A few years back--I'm not interested in finding a full-time job anymore--both Boeing and Raytheon wanted to hire me for big bucks because I had a security clearance and knew how do stuff like program and troubleshoot industrial computer coding (ladder logic). They were practically begging me to apply because they couldn't find enough people that did that sort of thing, and it isn't generally taught in colleges.



The first rung 001 (top line) reads: NAND Bit 5.10, AND Bit 5.11, AND Bit 5.12, OUTPUT Bit 3.1, OR OUTPUT Bit 3.2. I understand what all of that means and how it physically would translate on the machine. That's big bucks because fixing a gazillion dollar machine so it starts producing again quickly is worth paying someone like me big money to be around when it breaks down.

Yup. And...along the way you acquire knowledge that allows you to expand your abilities and become more valuable in the market.

Plumbing and electrical are not my main source of employment, but I do a LOT of both. Money is money.


In essence, the real world offers advanced knowledge that is not unlike post graduate study.

 

[Into the Night]

How will it do that vs. just forgiving the debt entirely?

The money has already been spent on the education, so at this point, it's just recouping a loan that can be discharged.

So if given the option to discharge the loan, moving it off everyone's books, why would you choose to insist someone pay the loan when they could use that money instead to buy a house?

No one has been able to articulate what the economic benefit is to having people pay $500/month in student loans. It's all emotional, or about someone's personal bias or subjective judgment.

As far as I'm concerned, almost everyone is too emotional to approach this subject in an intelligent way.

BIG PICTURE: Student debt forgiveness is an economic stimulus at just the right time.

Communism doesn't work, dude. It's theft.

 

[Into the Night]

Yeah, but we're talking about payments for those loans, and the fact that the average student loan payment is about $390/month, which is $4,600/year.

Now multiply that by 50M people, and you can see how much money is being steered away from the consumer economy by these student loans every year (about $234B or about a half point of GDP)

So you advocate stealing money from people by force so they pay for the college of this loser. Gotit.

Communism doesn't work. It's theft.

 

[Into the Night]

Well here's the thing...if your goal is to reign in the cost of tuition at private colleges, then the only solution is to make public colleges tuition free.

Then, the private schools will need to lower their tuition in order to compete for students with the public schools.

They're not gonna INCREASE tuition in order to attract candidates if public schools are offering free tuition...the private schools will have to innovate a way to stay relevant because reputation doesn't really mean that much anymore.

TANSTAAFL. Communism doesn't work. It's theft.

 

[Althea]

ok, that makes two of us. i'm pretty sure there's gotta be at least 200 million more people that pay taxes............right?

So if you're paying $200k/year to be a member at Mar A Lago, but billionaires pay $50k because...trickle down nonsense, how is that fair?

 

[Into the Night]

Again, your earning potential is substantially higher than someone with no degree at all.

You have already been given examples of otherwise. Argument of the Stone fallacy. Argument by repetition fallacy (chanting).

And it also takes a bit of luck, but not as much as it takes for someone with a lesser degree or no degree at all.

Argument of the Stone fallacy. Initiative and drive isn't luck. A degree MAKES NO DIFFERENCE.

I mean, 2020 was the start of the pandemic, and this article is more than a year out of date.

2019. It's called 'Covid19' for a reason. This 'pandemic' was used by Democrats to start the current economic depression, now running for three years.

Right, but that means your earnings are capped or are stalled...and will probably be less than what it was before you left to start a business because you have to start at the bottom again.

Generally not. This 'bottom' usually has established customers to draw from for income.

Except that the average union plumber wage (and you oppose unions, remember) is only about $57K a year...and that is skewed on the high end as you can see in the line chart. So really, most plumbers make far less than $57K a year.

Unions are not required for plumbers. Using made up numbers won't help you. Argument from randU fallacy. Bigotry.

Mmmmm...you might want to recheck that source: https://money.usnews.com/careers/best-jobs/lawyer/salary

False authority fallacy. Argument from randU fallacy.

Does it? Are you sure about that? Do you have statistics that show law practices failing at a rate of small businesses? Cuz I've rarely seen a law practice go bankrupt.

Heh. I see it fairly often. Argument of ignorance fallacy.

 

[Into the Night]

and now you're showing that you know jack shit about the job market...............jack shit. just stop talking already.


i'm sorry, what was the 'penalty' part again? excuse me, TAX.............stop talking about shit you know nothing about.



BWAHAHAHAHAHAHAHAHAHA..........i'm sure you'll just consider this 'anecdotal' because it's not professionally documented anywhere and is only based on real world experience, but here goes.............

Back around the late 90s, when IT certifications became all the rage and everybody and their dog was scrambling to become certified, I sat back and watched a circus develop. People who had zero business doing IT work, but were good college students, read and studied all the certification help books to take their tests and get certified. Then these dumbass individuals would go get a job based on having that certification.........................so many certified people got jobs to do things they had absolutely ZERO experience in, so they all still needed to be trained. It nosedived every IT positions salary EVERYWHERE. I sat next to and worked with people that were certified that were asking ME questions about how to do things on an NT4 server, asking questions of someone who wasn't certified but I KNEW HOW TO DO THE JOB!!!!!!!!!!!!!!!!!!!

so take your phony bullshit about your so called knowledge and shove it straight up your ass, because that's what your book knowledge is worth. absolute shit. I'm out here doing highly technical work with zero certifications and i'm doing it better than certified people because I taught myself how to do it. I didn't fake a certification and then have to get trained by the company that hired me to do a job I can't do. I'm getting paid what i'm worth and it's YOUR 'expert educated' fuckups causing all the salary damage, not me.

I reject a lot of these certified guys applying for a programming position because they can't even reverse a string in place. These idiots couldn't code their way out of a wet paper bag.

 

[Into the Night]

In many cases, housing/food costs as much or more than tuition. Not sure how that would work

It wouldn't, obviously.