The Rising cost of not going to college

iceberg_is_on_fire

Wearing Lions gear when it wasn't cool
Joined
Jun 11, 2012
Messages
23,581
Reputation
5,313
Daps
66,587
Reppin
Lombardi Trophies in Allen Park
Real Talk, I didn't want to go to college. "It wasn't me" was the disclaimer a young Iceberg made after walking across that stage to cop my high school diploma. Life and harsh realities will make you change your tune at times. I made higher education about me, hell, I teach higher education and have for years now. Its the world we live in, you better make this shyt about you. Another form of class warfare here. My MBA has already paid for itself. Then again, I went to school for something that is worthwhile and am in the field utilizing it. I should be realistically hitting around 100k by the time I hit 40. My next job search will be on TheLadders.com my nikkas. :ahh:. High school only education can't get you that. Snag-a-job.com is your destination.
 

Llcoolbay

Superstar
Supporter
Joined
Jun 10, 2014
Messages
16,152
Reputation
1,561
Daps
41,716
Reppin
St Louis Rams!!!!!
Real Talk, I didn't want to go to college. "It wasn't me" was the disclaimer a young Iceberg made after walking across that stage to cop my high school diploma. Life and harsh realities will make you change your tune at times. I made higher education about me, hell, I teach higher education and have for years now. Its the world we live in, you better make this shyt about you. Another form of class warfare here. My MBA has already paid for itself. Then again, I went to school for something that is worthwhile and am in the field utilizing it. I should be realistically hitting around 100k by the time I hit 40. My next job search will be on TheLadders.com my nikkas. :ahh:. High school only education can't get you that. Snag-a-job.com is your destination.
That shyt is clutch as fukk for a quick pay tho
 

Maxine Shaw

#ColiFam gave more $ 2 my students than my school
Joined
Jan 10, 2014
Messages
3,234
Reputation
1,990
Daps
9,371
Reppin
Brooklyn, N.Y.
Don't be as dumb as these nikkas here
http://www.forbes.com/sites/learnve...ish-surviving-with-massive-student-loan-debt/
Unless you are in a sort of high paying professional school, do not take on loads of unnecessary debt. Even then, spend a year or two when your first big gig comes paying off your debt as soon as possible. Living frugal for two or three years to pay off debt will save you a ton of money in the long run and will free up the paycheck much sooner.

And for the love of God, go to community college if you don't have the money for a four-year. If you have to take out loans, you don't have the money. My university gave me a full ride because I transferred in with an associate's degree. If you're at a CC, do NOT do a "core and transfer". Get an AA or an AS.
 

wheywhey

Pro
Joined
Feb 13, 2014
Messages
1,412
Reputation
520
Daps
2,026
I think a more interesting study would be the rising costs of not being raised with a high socioeconomic status.

A couple of studies came out this year. One study says that upward income mobility depends on five things: less segregation, less income inequality, better schools, greater social capital, and more stable families.

http://www.washingtonpost.com/busin...45db4a-83a2-11e3-8099-9181471f7aaf_story.html
mobility_geo.jpg



This map shows the average percentile rank of children who grow up in below-median income families across areas of the U.S. (absolute upward mobility). Lighter colors represent areas where children from low-income families are more likely to move up in the income distribution. To look up statistics for your own city, use the interactive version of this map created by the New York Times.
http://www.equality-of-opportunity.org/

Interactive Map: http://www.washingtonpost.com/wp-srv/special/national/economic-mobility-map/


Another study followed nearly 800 Baltimore children since 1982 for more than 25 years. Many of its findings were similar to the study above. However, it showed that low-income black children grew up to be worse off financially than low-income white children due to discrimination (historical and current), lack of job networks (social capital), and less stable families.

http://www.cnn.com/2014/07/11/opinion/alexander-olson-poor-urban-whites/
 
Last edited:

Midrash

All Star
Joined
Oct 10, 2013
Messages
2,008
Reputation
970
Daps
6,942
A couple of studies came out this year. One study says that upward income mobility depends on five things: less segregation, less income inequality, better schools, greater social capital, and more stable families.

http://www.washingtonpost.com/busin...45db4a-83a2-11e3-8099-9181471f7aaf_story.html
mobility_geo.jpg



This map shows the average percentile rank of children who grow up in below-median income families across areas of the U.S. (absolute upward mobility). Lighter colors represent areas where children from low-income families are more likely to move up in the income distribution. To look up statistics for your own city, use the interactive version of this map created by the New York Times.
http://www.equality-of-opportunity.org/

Interactive Map: http://www.washingtonpost.com/wp-srv/special/national/economic-mobility-map/


Another study followed nearly 800 Baltimore children since 1982 for more than 25 years. Many of its findings were similar to the study above. However, it showed that low-income black children grew up to be worse off financially than low-income white children due to discrimination (historical and current), lack of job networks (social capital), and less stable families.

http://www.cnn.com/2014/07/11/opinion/alexander-olson-poor-urban-whites/

As a brother living in the south in the bible belt, income inequality is tragic. The white people here are ultra conservative outside of the city, ultra religious and are deathly afraid of the poor black people. They segregate themselves from minorities and view them with disdain and entitlement ironically. The funny part is that if they ever teamed up with the poor minorities and realized how much they are being taken advantage of by ultra wealthy libertarian nutjobs, they could actually help generate wealth and become political heavy weights. Instead they would rather be seperate and inferior rather than integrated and successful.
 

Serious

Veteran
Supporter
Joined
Apr 30, 2012
Messages
80,966
Reputation
14,828
Daps
192,890
Reppin
1st Round Playoff Exits
As a brother living in the south in the bible belt, income inequality is tragic. The white people here are ultra conservative outside of the city, ultra religious and are deathly afraid of the poor black people. They segregate themselves from minorities and view them with disdain and entitlement ironically. The funny part is that if they ever teamed up with the poor minorities and realized how much they are being taken advantage of by ultra wealthy libertarian nutjobs, they could actually help generate wealth and become political heavy weights. Instead they would rather be seperate and inferior rather than integrated and successful.
You just described why slavery was effective in a nutshell smh...
 

wheywhey

Pro
Joined
Feb 13, 2014
Messages
1,412
Reputation
520
Daps
2,026
Another study followed nearly 800 Baltimore children since 1982 for more than 25 years. Many of its findings were similar to the study above. However, it showed that low-income black children grew up to be worse off financially than low-income white children due to discrimination (historical and current), lack of job networks (social capital), and less stable families.

http://www.cnn.com/2014/07/11/opinion/alexander-olson-poor-urban-whites/

NPR did a short story on the Baltimore study.

http://www.npr.org/blogs/ed/2014/08...-years-baltimore-study-tracked-who-gets-ahead
 

Gallo

Banned
Joined
May 24, 2012
Messages
1,982
Reputation
115
Daps
2,106
Reppin
NULL
45k? Jesus, college graduates aren't doing much better:mjlol:
 

duckbutta

eienaar van mans
Joined
May 1, 2012
Messages
41,482
Reputation
11,485
Daps
159,777
Reppin
DFW
If you get a scholarship and keep it...you should go and soak up he life experiences...

If you have to get loans to go to college...your probably fukked...i mean...if everything goes right...you will end up...with a job that allows you to pay back 10's of thousands of dollars you have indebted yourself with...
 

ltheghost

Payin Debts.... N40
Joined
May 29, 2012
Messages
6,508
Reputation
480
Daps
7,449
Reppin
Japan, but from the 989
Point is. The gap is widening between college undergrads and high school grads. This is nothing more than a feudal class system at this point. You don't finish high school you are in the bottom of society and there is no way out. Social mobility is dead. College is just an entry point to pledging America. My stupid ass cousin didn't finish high school, one of them, "School isn't for me" nikkas. Currently broke as hell and begging for gas money every time I look up. Smokes weed all day (where is he getting weed money...) and posts bullshyt on facebook about "Let's do it" or "nikka we made it". Maybe I'm just getting tired of the bullshyt but it's 2014 brehs. It's NOT A SECRET ANYMORE. Education is the key.

(If you really want to see how America will be in the next 10 years, watch Downtown Abbey).
 
Top