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5/25/2017 2:39:43 AM
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If millennials are the highest educated generation, then why are they poor?

What makes them so poor? http://www.businessinsider.com/millennial-median-wage-map-2015-12/#alabama-1
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  • You going back to your "news reporting" crap now? You stopped for a while and logan took over. Why now?

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    • Edited by Heathen_Nature: 5/31/2017 7:55:06 PM
      Too sorry to work

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    • Because we're lazy farts

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    • Lack of money you dummies

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    • They get useless degrees

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      • Edited by mr_alex_awesome: 5/29/2017 4:20:02 PM
        They spend too much money on name brand clothing, phones, and blowjobs

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      • Edited by Tetrafy: 5/28/2017 12:54:22 PM
        Its pretty simple. Inflation a housing market destroyed by baby boomers. Literally taking 50 thousand dollar houses and selling them for 300k. Lolinflation aka two people working with one kid struggling because no jobs. Industrial factories left the countires vs having 7 in every town. All thats left is part time jobs because its cheaper to hire 30 part time vs 10 full time because of sick days having families etc. So essentially the rich got more efficient at making money by technology and rules and everything else ruined the chances of the up and comers. Can you break the cycle? Sure Im an outlier 75 k combined income with a child 220k house in a small town but I had to go to college and give 100 percent. You cant even get a good job without post secondary now its a requirement for all specialist positions. Like go get post secondary or youll have a hard time.

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      • Edited by Vicex: 5/27/2017 5:11:52 PM
        Terrible economic conditions and a number of people being educated, but in fields that have poor outlooks and either do not pay well, or do not hire well. Additionally, many millennials are at the start of their careers, points where individuals are traditionally paid less as they begin to accumulate work experience onto of their degrees, and thus higher salaries. Essentially, the article is flawed.

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      • Education is expensive.

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        • Gimme a book and tell me to write a multi page synopsis of it and I'll have it in your hands in less than a day, but give me a math problem and my head will explode.

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        • I am uncertain, but the 19 trillion dollars in debt and massive inflation caused by previous generations could have done it.

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        • How about instead of complaining about the economy and how bad the job market is, enroll in a college degree that is actually employable like computer science, accounting, etc. All the people complaining mostly studied useless majors that have very few jobs in the field related to that major

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        • Because of the economy ruined by the older generations.

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          • Edited by High Charity: 5/27/2017 3:43:10 PM
            Paying for education

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          • Edited by SoullessRaptor: 5/25/2017 5:57:00 AM
            1) Loss of readily available jobs. They're competing against entrenched parts of companies, people with more experience, etc. 2) Hate to say it, but the media hasn't helped. You hear about "stupid millennials" or "lazy, entitled millennials" so much that a lot of people really believe it, when a lot of that is rants about how they stack up to the "greatest generation". 3) Ever-increasing automation. Jobs that would have been hiring are now done by machines, which take less staffing. 4) I've observed that, as an average, it isn't quite as accurate. Millennials have a tendency to gravitate towards extremes. Some have dead-end degrees, and are basically SoL for good jobs, while others predict the market and get a degree that'll net them easy money. 5) Strangely, a lot of Millennials are also less obsessed with material gain. They don't necessarily want to get rich and buy a big house, they want a job they enjoy and the freedom to live.

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            • Edited by Æsir: 5/26/2017 4:12:06 PM
              Because they (in most cases) are shit. In my experiences they (not all) are lazy, have a poor work ethic and don't seem willing to put the effort in to making themselves assets.

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                dangernudle
                dangernudle

                Gaming - old

                Lack of money most likely. Jeez, I bet a millennial could've figured that one out.

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              • i dont know what statistics say but as a millennial myself, i can't say that millennials are very educated compared to past generations. based on the stories and reminiscences of my parent's teenaged years that have been shared with me, i think its safe to say that my parents knew a lot more at 14 i do, and were much more involved with their community/school activities than i am. this graph doesn't surprise me.

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                • >when you're making more than 2x the median income of your generation straight out of college

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                  • Highest education =/= Marketable skills Highest education =/= Common sense Highest education =/= Direction Highest education =/= ...

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                  • [i] [/i]

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                    • Bad at managing money, college debt, and feeling that everything should be handed to them on a silver platter

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                    • Are you telling me my Gender Studies degree and Lesbian dancing is pointless...? [spoiler]/s[/spoiler]

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                      • I think there are several factors. One being that older millenials started careers later than usual due to the 2008 recession, which lasted about four years. This meant two things: the older generations were keeping their jobs longer, and companies were seeking entry level positions that required years of experience that almost none of the millenials had. Basically, millenials started their careers later than usual and are just starting to receive promotions. Also during this time was the fact that since millenials couldn't find jobs, they advanced their education instead, hoping to start a career after receiving their degree.

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                        • Seeing Kansas have a higher median income than Missouri makes me want to cross the Missouri River and scalp a Kansan then cast a vote in their name for the political candidate I find preferable as a Missourian.

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                          • I turn down high paying jobs with benefits often to do what I love...fast food

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