Young adults today: No school, no job, living at home with mom and dad

https://ocw.mit.edu/courses/economics/

All free.

 

Great.

Now I can make fun of your ridiculous arguments and you won't even know.

 

No, the answer is having skills worth more than minimum wage.

 

There is a little bit of truth to what you both are saying.

Rarely is the world so simple as a singular perspective.

 

How long have we been handing out food stamps and welfare in this country, and what has been the result of that.

Also, minimum wage jobs are for the minimally skilled.

If you're a head of a household and you're working minimum wage jobs, the problem is the employee, not the employer.

The problem is believing that minimum wage should be some kind of wage that you can raise a family of 15 on.

 

What economics knowledge would you say is unavailable online for free?

 

Given what you write above, yes, you are probably not ready for a post-secondary degree.

None of what you write above is necessarily the route taken to such a degree, unless university curriculums have strangely changed since I was at university. And here in Europe, one is given a great deal of latitude in taking courses.

Forced curriculums are in high-school. Tertiary Education has a wide variety of curriculums - when one considers that they go from vocational to 2-year to 4-year and beyond.

Perhaps you'd be happier with a vocational degree ...

 

Really? You take whatever set of courses you want on that selection, and MIT gives you a Bachelor's degree in economics?

Me arse - these courses are available for "auditing only" and will not lead to a diploma from MIT. As explained here ...

 

Their parents did a bang up job of having jobs leave the country and no place to work.

 

That in a nutshell. Those whining are part of the generation that created the situation they put their kids in. Kinda irresponsible of us.

 

LoL "not ready" for a "post-secondary" degree.

All you need is a pulse and a willingness to go into massive debt to get a college degree.

lol @ elitists

 

On the contrary. The jobs are there, the kids just think they're too good to stoop to anything less than $100k a year.

 

American consumers wanted in droves the cheap China-products at mall-outlets?

So, now live with the consequences* ...

*Besides the unemployment rate is below 5%, so who's complaining?

 

So are you saying that one cannot learn economics from free, on-line sources?

 

OECD STUDY OF TERTIARY EDUCATION COSTS

No, the parents (which I presume consists of people like YOU & ME) ran in droves to the mall-outlet to buy the cheaper Chinese-made basic goods*. And now we are all over the forums asking "Where did the jobs go?"

Silly question.

Note that I omit services, because for the moment only hi-tech is opening up labs in China and India for the manpower expertise that it cannot find in the US! And why those countries? Because training such engineers is done for free in government-run schools in those countries - whilst in the US it costs an arm-and-a-leg even in the state schools!

The OECD has studied closely the question of tertiary-education amongst the countries of which it consists. The results are interesting. Go to this pdf here from an OECD-study of the subject, if interested: How Much Do Tertiary Students Pay and What Public Subsidies Do They Receive?

Scroll down to Chart B5.1 to see the two key elements: "Relationships between average tuition fees charged by public institutions and proportion of students who benefit from public loans and/or scholarships/grants in tertiary-type A education"

Note that even if 75% of students in the US do obtain some subsidized funding of a tertiary-level degree, the cost of that degree remains hallucinatory high - in fact the highest of any country shown. This factor clearly puts a damper on the number of students who would complete such programs or even start them.

Note furthermore that even if graduation rates are significantly lower in European schools, the cost of tertiary education is very low (and even free in some).

Finally, the hooker: If really interested in the influence of public-policy in post-secondary education see chart B5.3 titled "Public subsidies for education in tertiary education (200". Note the difference between the US and the rest of the world.

The difference is a wake-up call ...

 

No, I am saying you cannot get a degree by simply interacting with on-line sources. Teaching is still necessary at some point.

Just what do you think - that reading a book makes you intelligent? Well, yes, to a certain degree. But it takes examination of your level of subject-understanding to award a degree in any given subject.

Online interactive teaching has a real future - but in primary- and secondary-school education. At higher levels, further intervention on the part of "professors" is necessary for completion of any subject ...

 

One can learn anything one wants regarding economics from free, on-line sources. There is a plethora of free information out there.

 

Factually incorrect. Over several years following the 2008 crisis, there were 15 million more people looking for jobs than there were jobs available.

 

Let's put this in some context....


Before you start correcting others on "debate" decorum (in pompous and arrogant sort of way "See?"), you really need to read a bit more closely lest you end up looking foolish.

See below......

 

Well we have a technical school system here run by the county and I had an evaluation with them through the Office of Vocational Rehabilitation and they said and it was unanimous due to my manual and cognitive disabilities there was no program from their large selection of offerings I could benefit from here is the technical school information and in my region its very highly regarded across the board.

https://www.pcsb.org/Page/261

As you can see its very legitimate and county run, the kind of options we need to offer everywhere, but I can't benefit and I'm not college material so what else is there and my evaluation was five years ago and before I applied for SSI it convinced me to go that route. I am more disabled now my left hand is half useless and am in more chronic pain and any stress makes it worse so am under orders from doctors to not stress myself out so I can avoid taking more pain medication more often.

Here is a local good public university in my county for their requirements picking an Humanities degree for comparison this would be none STEM and likely for a student without talents in other areas such as the sciences, mathematics or applied areas like engineering. English not the GE in the plans each year is General Education these are the requirements outside of the major and minor one must take with personal choices. These include college math, science, social science, humanities and a foreign language etc. Now I know of the British model their degrees are far more focused and often exclude courses outside ones focus of study if you work on history you focus on history with writing and such related to that subject, agriculture focuses on that, engineering would be math and science heavy of course but a philosophy major would study Logic instead. I assume this compares to other nations in Europe?

http://www.usfsp.edu/coas/files/2017/01/4YearPlan_LiteratureAndCulturalStudies_Web.pdf

But what about other people who have issues your asking sometimes a person who could work an assembly line if in the older times to do complex work with their minds and maybe they aren't cut out for that, so what about them, there are only so many basic jobs out there and in fifty years robots might be doing many of those to, it seems to me hopeless. I have no rose colored glasses on. And trust me the Gender Studies majors are not having doors thrown open for good jobs and a Philosophy degree is mostly nice but of no use to employers and what degrees are for below par students entering a university? Those since they are easier than studying Engineering which requires a high level of intelligence and applying that to a hard discipline. I get some people are brilliant and can take any degree and make it a good living but in reality in the US some degrees are worth a lot more than others to employers and the degrees can be expensive for the modest benefit one gets.

I'm not knocking universities or higher education or further education but you know these options don't suit low performing people in the academic sense if someone is socially popular and talented those receptionist jobs, sales jobs and working with people jobs aren't lucrative very much and if your big strength is being fit one can do something with that but how many fitness coaches can we have working.

Face if the loss of factory and mining jobs as examples are going to hobble many working people long term and the only jobs they can do aren't going to ever pay well. Free college tuition won't overly help and we need more options and better government and employer policies to open up jobs this might mean a universal benefit package for anyone not working, that is always there, as a safety net.

 

I guess some folks who don't want their adult kids living at home with them, or jealous folks who see adult kids living at home.

 

And the jobs that did become available were service jobs in fast food and big box retailers. Low pay, very little to any benefits.
One loses a good mfg job, loses health insurance and other benefits. Has to go on welfare assistance, and the only jobs available are less than unemployment and welfare and no benefits, especially health insurance.

 

Think before posting.

I said there were always jobs (and you confirmed that fact in your post), I did not say they were always easy to get. Many times you have to compete for a job, sometimes it takes work to get the job, sometimes you have to settle for the job you can get not the job you want.

 

I blame the above on parents. If parents don't let them do the above, they can't do the above.

 

If a job is work that someone else is doing, then yes, there are always jobs. The issue here is, are there enough jobs to prevent 10's of millions of people from being under/ unemployed at any given time?