I agree, but more of a problem for the humanities than engineering I would think.

-----Original Message----- From: Robert Andrews
Sent: Monday, October 12, 2020 11:40 AM
To: [email protected]
Subject: Re: [AFMUG] OT good to be a boomer

I think Universities without student to student connections are going to
be a big problem.  I still think they are about building personal bonds.
 It's pretty tough to do that on video chat at the same level as a
kegger.   ( not that I did keggers ).   But knowing someone out of the
classroom is important to know and develop bonds with.   It will be a
different society without those bonds.

On 10/12/2020 10:24 AM, [email protected] wrote:
It will be interesting to see how education changes post covid. I would think that we have proven brick and mortar universities are not needed. Perhaps for some labs and other special things. But online works. Should drive the cost down I would hope.
*From:* Cameron Crum
*Sent:* Monday, October 12, 2020 10:52 AM
*To:* AnimalFarm Microwave Users Group
*Subject:* Re: [AFMUG] OT good to be a boomer
Universities know the government will give big loans to kids and they all want to be on that gravy train. They raise tuition and just put it on the kids to go get more money in the form of debt. Kids would be hard pressed to pay tuition working their way through right now. Tuition costs have doubled inflation and outpaced wages by 8x. My daughter just entered college and through sheer luck, she ended up in Community College. She got into every big school she applied to but after visiting them all, decided none of them were for her. She really wanted to go to UT( Texas), but did not apply because her teachers all told her she had to be top 7% to get accepted and she was only top 10%. I told her to apply, but she did not. So, as a result she decided in March she would just move to Austin and go to ACC who has a transfer track program into UT if you can keep a 3.7 GPA. She is taking the same classes as her friends at UT (all online) but paying 1/5 the tuition. She is living in a private dormitory across the street from UT campus with mostly UT kids, so basically has the same "college" experience without the huge tuition bill, for now. I couldn't be happier. She had a decent 529 for college but not enough for all 4 years even at a state school. Now it might just last, especially if she decides to stay at ACC for another year before transferring to UT. I'm hoping she can get out without debt, but I'm guessing she'll have a little. I'm with Mike Rowe on a lot of this. I never thought college was for everyone, and trade schools are cheap in comparison, and you can be earning a good paycheck in a lot less time.
On Sun, Oct 11, 2020 at 9:00 PM Ken Hohhof <[email protected]> wrote:

    I started at $1.80 at the pizza joint.  After a month or two I got a
    raise to $2.  I think all new employees got a quick performance
    review at which they either got a 10% raise or got fired.____

    ____

    I had a summer job as a shipping clerk, I don’t remember what it
    paid.____

    ____

    First job after graduation in 1972 paid $10,920/year.____

    ____

    *From:* AF <[email protected]> *On Behalf Of *Chuck McCown
    *Sent:* Sunday, October 11, 2020 6:53 PM
    *To:* AnimalFarm Microwave Users Group <[email protected]>
    *Subject:* Re: [AFMUG] OT good to be a boomer____

    ____

    Still , a fortune.  I was making $2.50/hr in those years.____

    Sent from my iPhone____



    ____

        On Oct 11, 2020, at 4:53 PM, Robert <[email protected]>
        wrote:____

         I forgot to take all the taxes out of that for each summer.  I
        netted more like 4K for the summer..____

        On 10/11/20 3:49 PM, Robert wrote:____

            When I went to UCSC one quarter all up cost about $1.7K in
            1975  This year, just the tuition, room and board and
            mandatory health insurance is going to cost you $36K
            _california resident_   I was able to work for $9.40/hour at
            a gas station as a jr manager, opening and closing during
            the summer.  60 hours weeks for 12 weeks.  That was almost
            $7K for the summer, minus gas and some small expenses while
            staying at my parents.  Yes I was overpaid, pays to know
            someone, I also opened, closed and did the books.   But I
            don't care who you know but joe blow isn't going to get a
            summer job that is going to come anywhere close to $100K for
            summer or even year round work when you are in college now.
            What's the difference?   UC California turns students away
            by the bushel.  Instead of a system that focused on
            California High School graduates, it's a system that focuses
            on attracting donors that can put names on buildings.  Slots
            are full from outside the state at huge financial cash
            flow.   Everyone else can go to a Jr College.____

            On 10/11/20 2:27 PM, Ken Hohhof wrote:____

                Here’s one I don’t understand.  Not pointing a finger, I
                genuinely don’t understand.  Student loan debt.  Is that
                the huge issue that people say?  And if so, is that a
                new phenomenon?  Why?____

                ____

                I assume my dad went to college on the GI Bill after
                WWII.  I worked 20 hours a week all through college
                making pizzas and burgers, and had a coop job every
                third quarter or so until the coop jobs disappeared due
                to a recession.____


https://en.wikipedia.org/wiki/Recession_of_1969%E2%80%931970____

                ____

                Plus my parents helped out.  I don’t remember my friends
                in college talking about student debt, but maybe they
                had it and it just wasn’t talked about.____

                ____

                I can speculate some possible reasons for a student debt
                crisis now:____

                ____

                - Tuition has gone up____

                - Part time jobs and coop jobs unavailable or don’t pay
                enough____

                - Less financial assistance available____

                - Predatory for-profit schools____

                - Lots of kids who couldn’t find jobs in the Great
                Recession went to school or pursued advanced degrees
                instead____

                ____

                None of these seem like adequate explanations. College
                is too expensive, not sure how much it has gone up
                adjusted for inflation.  You’d think with online
                instruction and extensive use of low paid adjunct
                professors they could keep costs down. Certainly dorms,
                food and other amenities are a lot fancier than when I
                was in college, maybe those costs have gotten out of
                hand.  You’d also think state schools and especially
                community colleges would be affordable options, Harvard
and Yale aren’t the only places to get a good education.____

                ____

                But if there’s genuinely a huge student debt crisis,
                what is causing it, and how do we fix it?  Is “free
                college for all” really the only solution?____

                ____

                I understand with the pandemic, people out of work can’t
                pay their student debts, but supposedly this problem
                predates the pandemic.____

                ____

                *From:* AF mailto:[email protected] *On Behalf Of
                *Bill Prince
                *Sent:* Sunday, October 11, 2020 3:54 PM
                *To:* [email protected]
                *Subject:* Re: [AFMUG] OT good to be a boomer____

                ____

                Yah. Even though I'm a boomer, I think attributing the
                current state of the economy entirely on boomers is
                missing the mark somewhat. There are a whole raft of
                issues that are squeezing millenials like globalization
                and extreme automation. You keep adding barriers, and
                getting or creating a good paying job just gets more
                difficult. If all you can do is flip burgers at Micky
                D's or pour coffee at Starbucks, maybe you need to think
                a bit more creatively.____

                ____

                bp____

                <part15sbs{at}gmail{dot}com>____

                On 10/11/2020 11:52 AM, Ken Hohhof wrote:____

                Obviously I’m prejudiced, but I don’t think this whole
                trope about all the problems young people today face
                being the fault of the baby boomers (and wishing they
                would die and stop hogging all the good jobs) is quite
                accurate.____

                ____

                Yes we had a long recession starting in 2008 (but of
                course there were recessions back in the 1970’s as
                well), but I saw a lot of parents dipping into their
                401K savings and taking out loans on their paid-off
                houses so their adult children could live with them, or
                to pay for their kids to go to college instead of being
                unemployed.____

                ____

                Baby boomer 401K plans were a big cushion for
                millennials and the economy in general during the “Great
                Recession”.  I think what will actually hit the
                millennials is when the boomers do die, they won’t be
                inheriting as much money because those retirement funds
                got drained.  Also, don’t kid yourself that 70 year old
                boomer greeting people at Walmart or bagging groceries
                at Kroger is just continuing to work for the fun of it,
                or that a millennial wanted that job anyway.  As far as
                the “good” jobs, age discrimination kicks in around age
                50.  I don’t think Google and Facebook have a lot of
                boomers writing code.  How many boomers does Elon Musk
                have designing Teslas and SpaceX rockets?____

                ____

                Still a funny skit, but I run into millennials who
                totally blame all their woes on boomers screwing their
                generation over.  And the “why don’t they die already”
                viewpoint spills over into Covid discussions.  Lots of
                anti-maskers say things like “if they don’t feel safe
                going out, they are free to not go out”.  Or there
                aren’t that many deaths if you ignore the old people who
                were going to die anyway.  People at least didn’t used
                to say stuff like that out loud.____

                ____

                ____

                *From:* AF mailto:[email protected] *On Behalf Of
                *Robert
                *Sent:* Sunday, October 11, 2020 12:25 PM
                *To:* [email protected]
                *Subject:* Re: [AFMUG] OT good to be a boomer____

                ____

                very apropos...____

                On 10/11/20 10:04 AM, [email protected] wrote:____


https://www.nbc.com/saturday-night-live/video/millennial-millions/3867395____





                    ____

                ____




                ____



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            ____


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