Millenials Are A Trillion Dollars In Debt And Most Don't Even Own A Home

Discussion in 'The Locker Room' started by The M.I.C., Mar 13, 2019.

  1. The M.I.C.

    The M.I.C. The Mad Intellect Supporter

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    Millennials Are More Than A Trillion Dollars In Debt, And Most Of Them Don’t Even Own A Home
     
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  2. Ghostface Trillah

    Ghostface Trillah God-level poster

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    College is a scam at this point but people keep signing up for it because God forbid they have a "regular job"

    Then they wind up in debt doing all types of odd jobs just to be able to eat ramen noodles:mjlol:
     
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  3. Ill Clinton

    Ill Clinton Words From The Mind Of A Lost Soul Supporter

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    Bu but america is the greatest country ever :laff:

    Previous generations got educations, health care, and bought property for pennies on the dollar, then turned around and made us sell our entire existence just to get a taste of the things they were handed. fukking scum, making damn near a whole generation homeless and hopeless to outright own anything :pacspit:
     
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  4. AquaCityBoy

    AquaCityBoy Veteran

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    In before the Coli Republicans come in here and say it's because they're lazy and want to pop bottles and eat out every night.
     
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  5. Gator Reloaded

    Gator Reloaded The Coli's Resident Emo Supporter

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    It's not a scam if you are smart and have parents who coach you correctly.

    The scam is going to a school you can't afford which can be prevented via good parenting and schooling and a little bit of knowledge.

    I couldn't have gotten my job without a degree and my school debt was minimal compared to the average person :blessed:
     
  6. String Bell

    String Bell Better Ring String Supporter

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    maybe all the debt cacs are racking up will close the wealth gap
     
  7. Boolean

    Boolean AND OR NOT

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    25 yr old engineer here and I won’t be owning a home until I inherit my mamas, grandmas or uncles house :manny:
     
  8. Quarquar

    Quarquar Pro

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    I dont know. The next 10-15 years will likely see the greatest transfer of wealth this country has ever seen. A lot of these white people will be bailed out by inheritances which will only excaberate the racial wealth gap issues.
     
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  9. 0xLaTeX

    0xLaTeX All Star Supporter

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    Yup. Still studying, but STEM + high paying internships means I'll graduate next year with minimal debt (18k) and 6 figure job offer lined up. Already been making 6 figures (pro-rata) as an intern. I'll be able to pay off that debt right away with a signing bonus. Gotta be strategic about it.
     
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  10. The Chief

    The Chief الرجل لديه تعال Supporter

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    Many (wont say most) black people are first gen college students so they literally come from families lf a bunch of clueless (as in ignorant to the ways, not dissing them) people who dont know the education system and white collar society operates

    You got alot of people who think simply showing up and getting good grades is sufficient.
     
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  11. Miss Lucifer's Love

    Miss Lucifer's Love she's the devil and i like it

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    Couple this with the subprime auto loan bubble that's also about to burst (don't learn your lesson from 2008 banking brehs :mjlol:) and things are about to get ugly :francis:
     
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  12. Lionel Jospeh

    Lionel Jospeh Director of Cultural Events @ A.E.C

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    Listen Im riding ADOS TRAIN ALL DAY, reparations would solve my problem.

    But the fact is that none of these politicans are even talking about student loan easing or forgiveness, is going to have alot more than black people mad at the government.
     
  13. 1thouwow

    1thouwow Glock Got a Private Part

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    “Why own a home and be tied down to such a big financial responsibility” :mjgrin:
     
  14. Uitomy

    Uitomy All Star

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    Same, I'm moving back home to help my grams in her twilight years so I can strengthen our connection, she wanna pass it on to me I'd be an idiot not to take it, plus it's in a safe neighborhood, ducked out from all the bullshyt that goes on in jax
     
  15. Uitomy

    Uitomy All Star

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    Yeah but they won't sustain that wealth at all, most of the wealthy people in this country are first generation, most of them won't teach their kids how to continue that, you're gonna see a lot of family buisnesses sold off to other people
     
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