Millenials are getting fucked.

Mad Max · December 09, 2014, 08:29:48 PM

Better educated, paid less.

Awesome.

http://www.vox.com/2014/12/4/7329207/millennials-incomes-falling?utm_medium=social&utm_source=facebook&utm_campaign=voxdotcom&utm_content=thursday

Dan · December 09, 2014, 09:21:02 PM

That's what happens when everyone goes to college. Before, only people who were generally wealthy went to college, now people who are poor can go to college through student loans. It's lowering the quality of the degree. Wouldn't be surprised if companies in the future will require at the minimum a Master's degree.

Ushan · December 09, 2014, 09:24:38 PM

Quote from: Daniel on December 09, 2014, 09:21:02 PM

That's what happens when everyone goes to college. Before, only people who were generally wealthy went to college, now people who are poor can go to college through student loans. It's lowering the quality of the degree. Wouldn't be surprised if companies in the future will require at the minimum a Master's degree.

It was also cheaper.

Mad Max · December 09, 2014, 09:32:12 PM

Quote from: Daniel on December 09, 2014, 09:21:02 PM

That's what happens when everyone goes to college. Before, only people who were generally wealthy went to college, now people who are poor can go to college through student loans. It's lowering the quality of the degree. Wouldn't be surprised if companies in the future will require at the minimum a Master's degree.

Can confirm. Have Master's degree.

Isara · December 09, 2014, 11:54:31 PM

Which in turns means a more skilled or informed workforce, but at the same time it means that meritocracies will be more on the spot to differentiate your average skilled worker, from someone who is worth your time.

Quote from: Daniel on December 09, 2014, 09:21:02 PM

That's what happens when everyone goes to college. Before, only people who were generally wealthy went to college, now people who are poor can go to college through student loans. It's lowering the quality of the degree. Wouldn't be surprised if companies in the future will require at the minimum a Master's degree.