A Lot of (White) Millennials Get Significant Financial Help From Their Parents

[edzyy]

Mexicans?

Yep.

 

[ahdsend]

The Average Black Family Would Need 228 Years to Build the Wealth of a White Family Today

 

[Shadow]

I'm in here dapping people I apparently already dapped. Thought this was a recent thread.

 

[Blessings]

I remember my dad saying that when I was 16.

lol a lot of black kids in college I knew got treated like this stories I've heard
-Paying for bus tickets and plane tickets back home
-When they came to to visit back in college one persons parents made them pay 20$ for a ride from the train station another made them pay half the bill when they went out to eat
-A lot of people when they had their parents visit they paid for the expenses to visit hotel/food/$.
-One person had their mom stay in their shared dorm room when they got evicted for nearly two months
-Nearly every black person I knew paid their own cell bill, clothes, books, food etc a lot of whites didn't
-A lot had to pay the school health insurance because their parents cut them off of theirs after 18
-A lot who commuted paid for their car insurance
-No Christmas Gifts or Birthday gifts after 18
-One persons parents made apply for credit cards and used them for themselves and left the kid with thousands in bills that took 2 years to pay off
-A lot of people had to forgo school and work or join the military because their parents couldn't or wouldn't co-sign a loan
-A lot of people had to pay for their ownapplication fees
-One dude I knew didn't go to graduation because he'd rather work and his family didn't help with shyt
-No graduation gifts maybe a card if your lucky
-Everyone paid rent when they moved back in after graduating
-A lot were given full paid scholarships because they're parents either didn't have the income or weren't present in their lives
-A lot were late on their rent and bills while in college
-A lot of people i knew starved before getting their refund check from the school
-People working 2-3 jobs while trying to take full time classes


White peoples parent actions
-I was amazed when I moved off campus how many white people's parent's paid their rent in full with utilities
-A lot of white parents paid frat/sorority dues
-Some paid for school in cash or where given cash if they got over a 3.0 or if they just passed
-A lot whites when they graduated either were bought a car or had a down payment on a house or where given the keys to a business
-One white dude i knew was given 100k in cash for graduating


I've personally experienced about half of those things on the first list so I know it's true.

Our generation of parents did some sorry ass shyt and they let the system become fukked up with this high ass rent/utilities, inflated economy, no middle class jobs, the college dream/illusion, messed up court/legal system, and high cost medical care.

We can't let that shyt happen to our generation of childern

this post is way too real

 

[JoogJoint]

Just sad how I can relate this thread so much.

I had to sit back as a Black kid growing up watching my Non-Black counterparts live carefree, happy lives because they didn't have to worry about half the sh_t that I did.

 

[TRFG]

this post is way too real

Damn, I didn't know so much of you brehs were struggling like that.

 

[ThiefyPoo]

Let me tell y'all something one of the biggest gifts in life someone can give you is a free education .

Man if my parents had the means for me not to get a loan I would be super set right now .

People underestimate how not paying school loans helps you when you get out of college .


Most black parents do what they can but everyone ain't got it like that .

Gotta change that cycle man !!

I still appreciate everything my folks did doe .


My mom bought my first car while in school I'm forever greatful and thankful for that .

 

[EndDomination]

If you have kids in this day and age and you cant afford or simply dont want to pay for their college you shouldnt be having kids.

This. No matter how much "college isn't the only answer" rhetoric gets placed on here, having your schooling paid for, so you have the time to study freely, are less stressed, and have more opportunities for summer, fall and spring internships will lead to far greater success.
I know kids who had to work almost full time because their parents were absolutely useless when it came to college who would drop out of intense majors to less-employable ones simply because they wanted to stay in school but didn't have the time to do so. One I know dropped from ChemEngineering to Communications and ended up getting pregnant and barely graduating. She's a barista right now, but she could have been a hell of a lot more if her parents did shyt for her.
Struggle shouldn't be glorified.

 

[beenz]

The Average Black Family Would Need 228 Years to Build the Wealth of a White Family Today

and people wonder why black folks are still at the bottom of the economic barrel for the most part

 

[beenz]

Let me tell y'all something one of the biggest gifts in life someone can give you is a free education .

Man if my parents had the means for me not to get a loan I would be super set right now .

People underestimate how not paying school loans helps you when you get out of college .


Most black parents do what they can but everyone ain't got it like that .

Gotta change that cycle man !!

I still appreciate everything my folks did doe .


My mom bought my first car while in school I'm forever greatful and thankful for that .

shyt is easier said than done. I started college 20 years ago now. and since then, the tuition has gone up exponentially.

and when my parents went to college, tuition was cheap as hell. my moms didn't even have to pay a loan back cuz chicago public schools picked up the tab. that's the only employer she ever had

luckily I have paid off my student loans but my wife hasn't, and she just got a much higher paying job, but has a gang of student loan debt from being in grad school for the past few years and now finishing off the ph d program.

that being said, in this day and age, it's hard as hell to save up a few hundred grand so your kids can go to college. because the salaries people are earning aren't keeping up with the increases in cost in everything. especially education.

my family is probably upper middle class because we're bringing in like 170K annually in total gross income collectively. but I don't feel wealthy at all. but I'm not complaining about anything.

 

[beenz]

speaking of college, one of my co-workers, who's a lady thats almost 60 told me that when she went to college, she was paying like a few hundred dollars a semester in tuition.

and this wasn't community college. she went to the university of arizona.

 

[EndDomination]

I dont know. I guess I'll cross that bridge when I get to it.

my sister in law is 28. she graduated from undergrad at like age 21. then she worked with me at my old job for a few years as like an admin assistant getting shyt pay. she stayed with my inlaws during that time, but after like 2 years, she said fukk it and went back to med school. 3 years later, she's graduated and a resident anesthesiologist and will certainly CRUSH EVERYONE in the family as far as money goes when it's all said and done.

How'd she graduate med school in three years

 

[beenz]

How'd she graduate med school in three years

I think med school is only 3 years. she's doing her residency now in florida.

in a couple years she's gonna be making 200K+ easy. anethesiologist basically have a license to print money once they're done with residency.

 

[philmonroe]

and people wonder why black folks are still at the bottom of the economic barrel for the most part

Yall nikkas will believe anything on the net I see esp when it comes to this white black stuff. Anything to have an excuse I guess

 

[Gold]

This is no surprise. These white people making 35k a year living in a 3k apartment in Williamsburg or fort Greene. They're clearly getting help...

Breh when I was out in San Diego, taking ubers everywhere, I realized that most of these white people were out here barely making it, relying on their rich parents.



I'm over here thinking to myself... there's no way i'm moving to Point Loma San Diego if i'm making anything less than 150k a year

And yet you have 30yr old brehs out there making 45k, talking about "My dad pays for my rent"


Have some pride