My dad told me he worked PART TIME folding laundry for a those companies that wash employee uniforms for small business. He had a house, girlfriend he said he took out often and a 1971 chevelle SS.
This is in Canada early 1970s.
Back when the "American Dream" was still achievable
My mom went to a private college in the late 60s and paid for her tuition and living expenses working 20 hours per week, graduated debt free. I worked 20 hours per week in college and I didn’t even have enough left after living expenses to pay for my books, let alone tuition and fees. 15 years after graduation making income based repayments most of that time and I’ve barely made a dent in my damn loans. Then the other day my mom had the gall to ask me how I wasn’t done paying off my loans yet, like I was just being lazy. Meanwhile, I’m stuck in a miserable but decent paying job I loathe and would quit in a second if I didn’t have student loan debt. I realize there are more fucked things in this fucked up system and I least have a job that pays a living wage, but goddamn do I feel like an indentured servant of the Department of Education.
I think what we call a miserable but decent paying job was the goal.
I also think that so much debt to the extent we stay at miserable but decent jobs was the goal.
It’s why everyone I know can seem to pay rent that is above the average mortgage for decades but can’t get a mortgage.
It’s as if lenders seem to take advantage of the political laziness of the average person and have made it so that usury isn’t just legal... it’s the norm.
My parents were pressuring me into buying a duplex so i could rent out the other half. I made minimum wage and worked 40-60 hours a week. Couldn’t afford the gas bill so went 2 years without hot water, heating, or a stove. But hey if I bought a house the renter would pay the mortgage for me!
Some people are so out of touch with reality. Hell, one guy told me I never had utilities shut off and was being dramatic. My showers still last 5-10 minutes from when I used to take them in the winter.
This hit me in my single pane windows
There's just so much Boomers can't comprehend.
Not only was college SIGNIFICANTLY more expensive for tuition and housing, we also had other expenses they didn't. I'm pretty sure textbooks didn't require a second mortgage when they went. They also didn't need to own a certain level of technology and pay for internet access. It wasn't just "oh, tuition is more," but it was an entire host of things I had to have that they didn't.
And god bless my dad, but he's still all "you need to go to places in person and hand in your resume and meet the boss, they'll remember you!" Uh, sure. They remember those people as being unable to follow instructions and navigate contemporary technology, so those applications/resumes go straight into the trash.
I'm a nanny and he also likes to ask me "Can't those people get you a real job at their companies? They know you. Can't they put in a good word?" Dad, we're not talking about a job down at the salt mines. It's not just about knowing someone.
I love my dad dearly, but there's such an amazing disconnect between his generation (Boomers) and mine (GenX) that I don't really know how to make him understand.
Mine found out real quick when he left his job to do some year teaching thing in germany, came back and his company didn't need him anymore. He then spent the next few years looking for work like I have had to only to find no one wants to hire a 60 year old for a 100k a year job. He works at Sams Club now lol.
The older doctors drove me crazy. “Well we used to get paid almost nothing for residency and now they’re fighting to make 50k.
Listen grandpa, med school was 5K and residency meant you were a “resident” of the hospital. You lived at adjacent apartments on campus and ate for free at the cafeteria.
I had to do residency (where a lot of the elders have this House of God complex that doing under 100 hours a week makes you weak) where not only does the hospital own me, but I’m paying rent, food, and transportation. Like everyone else my age. And that’s in addition to the roughly 2k for US licensing and 4K for my triple board exams.
And they do this to college students too. “Oh I paid for college with a part time job”. Homie, if I could pay for college with a part time job, I wouldn’t need college.
I cant speak to the hospital aspect. But i grew up in a rural community. The amount of people that brag about working 70 or 80 weeks astound me. That is not the goal you idiots. Wasting your whole life making someone else rich.
I'm 38, bought my first house 2 years ago because my magnificent grandma died and left me money.
I am a teacher... How fucked up is it that I need to lose someone I love to get security?
"your worth is determined by your sacrifices"
from 1:39 [https://www.youtube.com/watch?v=vvANy49Kqhw](https://www.youtube.com/watch?v=vvANy49Kqhw)
Based on the movies I’ve seen from the 1970s, cigarettes were worth their weight in gold back then
Lol, you could smoke in elevators, banks and even the hospital waiting room.
I kid you not.
Wait, you can rotate a PDF?
Here is some more bad news, in the past few months, the national number of available homes for sale has been extremely low. As a result, prices are soaring. Analysts predict that this will not be a bubble and not go down.
I'm GenX, but I really feel for millenials who were on the precipice of buying into homes only to have the price fucking spike by like 15%. I'm going to have to eat shit because I'm renting right now, but I've saved up a bunch of money. I can deal with paying the difference, but I've had a few years to save up. When I bought my first house in 2005 I bought a POS that needed everything and was barely able to afford that, much less the everything it needed. If I were in the same position now, there is NFW I would be able to get a decent home. I bought a side-by-side duplex for $165k in a good neighborhood of Pittsburgh, converted it to single family so I had a 4bd 2ba home in a good school district. There is just no way you could buy anything like that today. You're looking at $350k in an average city for young bucks making like 70k a year.
Shit is fucking ugly.
I’m in college right now... I don’t expect to ever buy a house in my life time.
"I worked my way through college," said by people who were able to afford college on a part time job. Now you'd have to work full time, have absolutely no other bills, live with your parents, and dedicate your entire paycheck to tuition to work your way through college. And that's just going to a public state school.
I worked my way through college. That means I only took out 35k. I managed to cover my living expenses with roommates and my books off half.com.
I made $10 an hour, lol. Wasn’t gonna get tuition money out of that.
Why would you need to rotate a PDF?
If the idiot who made it formatted it upside down or sideways.
My mom passed away and left my brothers and I with life insurance money. It was enough for me to pay for a house in full...I'd rather have my mom though.
When my grandfather died, he left his estate to all 11 of us grandkids. Even split that many ways, it was enough for me to knock out a big chunk of debt, and for my brother to put a down payment on a house for him and his wife.
Pdfs can be rotated?
Found the guy who went to college for $48 dollars in his mustang he bought with his weekend job at the car wash.
I can’t count how many people I’ve talked with who say “I wish I never went to college and just went to work right away.”
I’m pretty sure that’s not the point if college. To regret it later for making your life harder.
Hey, as someone who types with his index fingers and can't afford a house, I resent that.
different periods of time, doesn't take away from what that person did or does though. That being said, the business aspect of college is sickening. sport programs make billions for colleges and the ncaa, yet students have to pay rediculous amounts to better themselves?
Yet that's not the point. Whatever they may or may not have accomplished back then, it was 100 times easier and cheaper to afford a decent way of living and any form of education.
Same. My parents had low paying jobs but regardless they: bought a house, added a second story, and had a family. Now they ask why ‘kids’ nowadays don’t want to work for stuff. It’s unreal.
MaiyaMatthews is a bot
Comment copied from: https://www.reddit.com/r/WhitePeopleTwitter/comments/bm6esn/it_do_be_like_that/emud2ry/
So you can type and rotate a pdf. Now use your degree and pay it off.
Well you can thank Biden for that. Without him you could file bankruptcy to help you out.
It's fucking embarrassing how true this is. College is prohibitively expensive and jobs without a degree barely pay a living wage...
How *do* you rotate a pdf tho
So, you can rotate a PDF....?
It took me a shameful amount of time to realize that “carton of camels” was not a reference to how one categorizes large groups of camels, but large groups of cigarettes.
Just work harder.
You know...boot straps and all that.
OP is a bot
Original post: https://www.reddit.com/r/WhitePeopleTwitter/comments/bm6esn/it_do_be_like_that/
People that complain about student loans make it sound like there's no such thing as a college that costs less than 50k a year.
There are plenty. Mine is 5k a year. If you get a degree in something useful, paying back 20k over the course of a few years is pretty feasible.
Ok but you still need to pay living expenses.
This isn't going to be popular, but...
The rate of Home ownership among the youngest tracked age group (18-35) has been amazingly stable since 1940, averaging 40% of the age group owning their own home.
In 2020 the numbers for that age group dipped a bit to the low end of the average at 38.5%, almost exactly what it was in the example's 1974 (38.7%)
So, basically someone in today's 18-35 age group is pretty much just as likely to own his/her own home as his/her parents and grandparents were at the same age.
I get the anxiety behind trying to buy a house when you're just starting out. Coming up with the 20% down on our first house took 4 years and an inheritance, and then when I was signing the paperwork at the closing, I wouldn't believe I was going to owe so much money $64,900. Petty change for a house now, I know. Major money back then.
Well the rate of homeowners in this group is stable
the average amount of debt has increased significantly on average as well as the savings of average americans has decreased a lot, so yeah people still buy as much houses but they take way bigger loans and they repay it (if possible) over a way longer period increasing the risk by a lot...
also there is a large portion of those homeowners who are wealthy or at least kinda wealthy anyway.
also taking the inflation to account does not make up for huge gaps between prices now and back then considering the amount of worktime spent to earn that money
there is a huge difference from people in the 60-70s buying a house with a single income (even part time) and wife staying at home with the kids to homeowners now where both partners are working 40+ hours
White people tweeting stuff.