Boomers cant afford they houses. boo hoo

Discussion in 'General Discussion' started by internetman, Jun 17, 2019.

  1. ArgentCy

    ArgentCy Well-Known Member
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    It's not about how much you make but your habits and what you do with what you make.
     
  2. brianhos

    brianhos Moderator
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    Problem will get fixed again in the next recession.
     
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  3. throwittoblythe

    throwittoblythe Well-Known Member

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  4. ArgentCy

    ArgentCy Well-Known Member
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    If the education is not being used in these jobs then it is a giant waste of time and money.
     
  5. BillBrasky4Cy

    BillBrasky4Cy Well-Known Member

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    [​IMG]
     
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  6. VeloClone

    VeloClone Well-Known Member

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    English, please.
     
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  7. Sigmapolis

    Sigmapolis Well-Known Member
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    This even depends.

    Does an EE degree install more useful skills in a student for when they become a worker? Or does a student taking on the challenge of an engineering degree in school symbolize they have more ambition, drive, discipline, and intelligence (especially related to quantitative reasoning) than somebody who takes on a lowly history degree like yours truly?

    I suppose engineering majors might be more likely to "use" their degrees once working, but I have known plenty of engineering majors at all stages of their career who end up in unrelated management, sales, and consulting jobs (all the while making good money and having good careers, usually, because their engineering degree got them a good first job that they could parlay into connections and move up the ladder from there).

    In the same breath, technically arts majors can end up "using" their degree in far more direct ways, like if somebody ends up a professional musician or academician.

    I tend to think even with professional majors/degrees that the bulk of the value is still in the signal the degree confers, not with the course of study itself. My wife is a doctor -- one of those things you would think you need special schooling for -- and she has told me maybe 1% of her biology undergraduate and maybe 10% of her medical schooling matters in her day-to-day job. She learned how to be a doctor "on the job" as a resident/glorified apprentice.

    She told me her Spanish degree and being able to speak it... lots of undeserved populations out there that can use a physician who speaks Spanish, in this country and in others... was the most valuable thing she learned in college. Her career prospects and chance of getting into medical school were way better with her STEM degree, however, despite her finding the content of her arts degree actually installed more of a usable skill into her brain.
     
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  8. Sigmapolis

    Sigmapolis Well-Known Member
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    These are still benefits related to the degree "unlocking" better jobs for you -- that is, signaling or sorting or other similar terms -- not with your course of study.

    The main benefit of the degree is you get a better job and others do not.

    There are some exceptions, but this is generally the case.
     
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  9. VeloClone

    VeloClone Well-Known Member

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    I think you mean "under-served". The loss of one letter colors this statement quite differently. Probably another example of how technology (auto-correct) is making our lives better.
     
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  10. Sigmapolis

    Sigmapolis Well-Known Member
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    Haha. Nice catch. :)

    Yes, her trips to UNDER-SERVED populations on Indian reservations, throughout the poorest parts of Appalachia, the poor, mountainous regions of Mexico and Central America, the Caribbean, and even some parts of Africa are for helping those in need.

    For some reason "underserved" (no dash) shows up as a incorrect spelling and suggests "undeserved" as the first solution. Google is trolling me.
     
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  11. Cyched

    Cyched Well-Known Member

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    At least with the Psych degree they’ll better understand the hopelessness
     
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  12. cowgirl836

    cowgirl836 Well-Known Member

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    I honestly think as AI advances, the psych/sociology degrees will become more valuable. Much of the "how to build" will be taken over and we'll need stronger understanding of the why's. Take the 2016 election. I'm not going cavey here so stay with me - but look how much time and effort was put into swaying people's opinions and actions via Fake News and targeted advertisements. With great reward to be had. To me, that makes the people who can tell you how to motivate, persuade, and understand the actions of a group of people pretty valuable.
     
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  13. Sigmapolis

    Sigmapolis Well-Known Member
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    The scale of such efforts (compared to more traditional campaign ads and day-to-day "earned media" on television and the radio) was rather pitiful, if you compare it with any sort of context. The evidence such efforts convinced much of anybody compared to what they were likely to believe and do anyways is quite lacking, as well; the assertion lacks a control.

    Back to the point about the labor market, I would imagine hardcore data/tech folks are going to do better than psychology majors when it comes to targeted ads as you outline. That is already the situation with the FAANG companies that make money off traffic.
     
  14. NWICY

    NWICY Well-Known Member

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    I'll show my lack of knowledge and not google what is a FAANG company?
     
  15. Sigmapolis

    Sigmapolis Well-Known Member
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    Facebook
    Amazon
    Apple
    NetFlix
    Google
     
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  16. SpokaneCY

    SpokaneCY Well-Known Member
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    You were a payday lender? No openings for crack wh00res???
     
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  17. SpokaneCY

    SpokaneCY Well-Known Member
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    Yet they are all dead and Caligula had better stories to tell...
     
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  18. cyrocksmypants

    cyrocksmypants Well-Known Member

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    I was making $75k fresh out of college. There were worse jobs.
     
  19. CloneGuy8

    CloneGuy8 Well-Known Member

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    Have they tried the bootstraps method?
     
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  20. SpokaneCY

    SpokaneCY Well-Known Member
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    With a Psych degree they can tell you how you really feel about the coffee they are making for you...
     

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