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Millennials Owe 500% More in Student Debt Than Their Parents Did

⁨263⁩ ⁨likes⁩

Submitted ⁨⁨14⁩ ⁨hours⁩ ago⁩ by ⁨banana69696969@lemmy.world⁩ to ⁨workreform@lemmy.world⁩

https://open.substack.com/pub/hrnews1/p/millennials-owe-500-more-in-student?r=1t17zr&showWelcomeOnShare=true

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Comments

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  • BigMacHole@thelemmy.club ⁨13⁩ ⁨hours⁩ ago

    I’m NOT going to Bail out some KID!

    -Republicans OK with Bailing out Billionaire Pedophiles!

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    • CountVon@sh.itjust.works ⁨13⁩ ⁨hours⁩ ago

      I paid my student debt, these kids don’t deserve any handouts!

      Boomers who paid tuition and living costs that were a manageable fraction of their part time student job that doesn’t even fucking exist anymore.

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      • Remember_the_tooth@lemmy.world ⁨13⁩ ⁨hours⁩ ago

        These kids ain’t gonna learn, ‘lessn we take off them trainin’ wheels…and also the pedals, brake, chain and maybe another wheel or two.

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  • lobut@lemmy.ca ⁨4⁩ ⁨hours⁩ ago

    Kids just don’t wanna work now! They just need to work harder! We just found a job and paid off our debt, they should do the same! /s

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  • EntheoNaut@lemmy.ml ⁨13⁩ ⁨hours⁩ ago

    Boomers had a fair shake and level playing field.

    We get debt, fascism and dying planet. FUUUUCK them all.

    Eat the fucking rich.

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  • workerONE@lemmy.world ⁨8⁩ ⁨hours⁩ ago

    Why do school books cost $300 each? Cost like $15 to print

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    • frongt@lemmy.zip ⁨7⁩ ⁨hours⁩ ago

      Same reason as the rest of college being expensive. The can charge whatever they want because the government will loan the money to pay for it.

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    • chonglibloodsport@lemmy.world ⁨4⁩ ⁨hours⁩ ago

      Low volume and high costs mainly. The printing costs are dwarfed by all the writing, proofreading, layout, editing etc that goes into them. The $300 ones tend to be these massive books with a thousand pages of instruction, problem sets, images, infographics, etc. None of these books are selling a billion copies like 50 Shades of Grey either. The most famous textbooks maybe, but a lot of them would be lucky to sell a thousand copies.

      And of course, yes, greedy giant publishing companies. But those companies publish books for many different courses and professors, plus I think they own academic journals as well (which make them way more money and cost way less to publish than textbooks do).

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      • adavis@lemmy.world ⁨2⁩ ⁨hours⁩ ago

        Which is of course ludicrous. Why is education so insanely expensive should include all the materials.

        My degree in Australia had some suggested text books, but none of them required it^, and all the content you actually needed was supplied in the course materials.

        ^ one exception, a computer network admin class had a book for lab instructions. But the library had a set of them sufficient for a lab and limited the borrow duration to 3 hours so you’d check it out, run to class and return it back afterwards every week.

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    • phdepressed@sh.itjust.works ⁨8⁩ ⁨hours⁩ ago

      Cause all the professors are trying to supplement their income and publishers are also greedy vultures.

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  • SoleInvictus@lemmy.blahaj.zone ⁨10⁩ ⁨hours⁩ ago

    My parents and in-laws: $0 student debt My spouse and me: just shy of $150k

    In America I’m free to accrue massive debt! 🦅💵🇺🇸

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