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806 clicks; posted to Discussion » on 24 May 2022 at 9:38 AM (6 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



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2022-05-24 9:45:05 AM  
Grab the popcorn on this one.
 
2022-05-24 9:48:42 AM  
So Boomers' power and wealth won't peak until the late 2020s?
 
2022-05-24 9:56:27 AM  
The Boomer's greatest achievements:   Legalization and Business Casual.
 
2022-05-24 9:58:49 AM  

VelcroFez: So Boomers' power and wealth won't peak until the late 2020s?


I'm a Boomer. Still waiting for the wealth and power to show up. I guess I can give it a couple more years, but the clock is ticking.
 
2022-05-24 10:09:16 AM  
 
2022-05-24 10:33:57 AM  
That headline is 5 words too long.
 
2022-05-24 10:36:37 AM  
Sounds like something a whiny millennial would say.
 
2022-05-24 10:41:24 AM  
I didn't feel bad about being a Boomer until I realized the cohort includes Trump.

Fark!
 
2022-05-24 10:52:53 AM  
Make it real:
Fark user imageView Full Size
 
2022-05-24 10:57:10 AM  
I am absolutely shocked that this thread has been green for a whole hour and no Gen-Xer has shown up to remind us all how very much they do not care, and how paramountly important it is that we acknowledge that constantly.
 
2022-05-24 11:00:21 AM  

Martian_Astronomer: I am absolutely shocked that this thread has been green for a whole hour and no Gen-Xer has shown up to remind us all how very much they do not care, and how paramountly important it is that we acknowledge that constantly.


As a Gen-Xer; why bother? No one would care.
 
2022-05-24 11:01:04 AM  

Martian_Astronomer: I am absolutely shocked that this thread has been green for a whole hour and no Gen-Xer has shown up to remind us all how very much they do not care, and how paramountly important it is that we acknowledge that constantly.


I do not care. It is important that everyone here knows that
 
2022-05-24 11:01:57 AM  
The whole student debt thing annoys me.  My Zoomer didn't go to the college she wanted because she didn't want to be burdened with student debt.  But now we are going to forgive the debt for the ones that over-extended themselves?  How is that fair?  And can my Zoomer enroll in that school now and get her tuition covered ?

I don't have a lot of sympathy for people that incur debt without realizing that they'll have to pay it back.
 
2022-05-24 11:05:07 AM  

the unabomber was right: Live Boomer death clock

/Millennial


That's probably funnier when it isn't your friends that are dying.
 
2022-05-24 11:08:16 AM  

Gramma: The whole student debt thing annoys me.  My Zoomer didn't go to the college she wanted because she didn't want to be burdened with student debt.  But now we are going to forgive the debt for the ones that over-extended themselves?  How is that fair?  And can my Zoomer enroll in that school now and get her tuition covered ?

I don't have a lot of sympathy for people that incur debt without realizing that they'll have to pay it back.


Fark user imageView Full Size
 
2022-05-24 11:10:29 AM  
Fark user imageView Full Size


/ boomer
// poor boomer
/// never had student debt nor has anyone in my family
 
2022-05-24 11:12:58 AM  

Gramma: The whole student debt thing annoys me.  My Zoomer didn't go to the college she wanted because she didn't want to be burdened with student debt.  But now we are going to forgive the debt for the ones that over-extended themselves?  How is that fair?  And can my Zoomer enroll in that school now and get her tuition covered ?

I don't have a lot of sympathy for people that incur debt without realizing that they'll have to pay it back.


Christ...where do I begin with this one....?
 
2022-05-24 11:17:27 AM  

Cafe Threads: Gramma: The whole student debt thing annoys me.  My Zoomer didn't go to the college she wanted because she didn't want to be burdened with student debt.  But now we are going to forgive the debt for the ones that over-extended themselves?  How is that fair?  And can my Zoomer enroll in that school now and get her tuition covered ?

I don't have a lot of sympathy for people that incur debt without realizing that they'll have to pay it back.

[Fark user image image 425x425]


We bail out car companies, banks, and airlines for their crappier decisions worth even more money and nobody bats an eye.

Suddenly students need help and it's all "what about me?".  Bailouts were never about fairness.
 
2022-05-24 11:37:05 AM  
It wouldn't be a problem except that Boomers are so goddamn awful and their leadership and influence have been nothing but terrible for the country.
 
2022-05-24 11:37:36 AM  

Gramma: I don't have a lot of sympathy


The Boomer mantra, right there.
 
2022-05-24 11:44:57 AM  
ruinmyweek.comView Full Size
 
2022-05-24 11:55:14 AM  
Gramma: college she wanted

CSB Wanted to go to ArtCenter, couldn't afford it. Instead went to relatively cheap state school, got degree, no debt, worked hard at career, make just as much as ArtCenter graduates. TADA!
 
2022-05-24 11:58:16 AM  

NeoMoxie: Gramma: college she wanted

CSB Wanted to go to ArtCenter, couldn't afford it. Instead went to relatively cheap state school, got degree, no debt, worked hard at career, make just as much as ArtCenter graduates. TADA!


What state school?
 
2022-05-24 12:00:34 PM  
When Munger looks at the data, he no longer sees the traditional pyramid shape of bygone days, with a broad base of young people supporting a smaller tip of retirees ... The boomers made the age distribution chart look like a pagoda

Not all pagodas look the same

Fark user imageView Full Size
 
2022-05-24 12:04:00 PM  

raerae1980: NeoMoxie: Gramma: college she wanted

CSB Wanted to go to ArtCenter, couldn't afford it. Instead went to relatively cheap state school, got degree, no debt, worked hard at career, make just as much as ArtCenter graduates. TADA!

What state school?


CSULB
 
2022-05-24 12:21:39 PM  
imagesvc.meredithcorp.ioView Full Size


boomer thread
 
2022-05-24 12:22:48 PM  
Gramma:

I don't have a lot of sympathy for people that incur debt without realizing that they'll have to pay it back.

Neither do I. For one thing, it's not like the folks who took on too much debt were forced to do so. Now if they were tricked, that's one thing...but that's not the case.

If the debt is to be forgiven, then from that point forward tuition for everyone should be free of cost. If not, then how does one figure whom to give debt forgiveness?

I do work in higher education and, trust me, a LOT of students should never have been accepted to school...they're simple, to put it bluntly, too stupid to figure out how to address an envelope (sadly, this not a joke...I've seen it). So the fact they get into debt-trouble is not at all surprising.

And I've never figured out who the dumbassed parents are who either allow or encourage their kids to go into this kind of debt.

Some people seem to believe that everyone deserves higher education. I say that a threshold needs to be met and one of those thresholds is at lest being savvy enough to NOT get yourself into an impossible debt situation. Heck, join the Army for funds or do some time in the Peace Corps...at least that way if you still need funding for tuition it won't be as much as just borrowing way above what you'll be able to deal with later.
 
2022-05-24 12:23:37 PM  

NeoMoxie: raerae1980: NeoMoxie: Gramma: college she wanted

CSB Wanted to go to ArtCenter, couldn't afford it. Instead went to relatively cheap state school, got degree, no debt, worked hard at career, make just as much as ArtCenter graduates. TADA!

What state school?

CSULB


Ah, okay.  It's weird you'd consider that a cheap school, considering tuition ranges from $20K to $27K, depending if you live on campus or not.
I went to CSULA for grad school, so I'm somewhat familiar with Cal State schools.   https://www.csulb.edu/financial-aid-and-scholarships/undergraduate-costs
 
2022-05-24 12:30:38 PM  

raerae1980: NeoMoxie: raerae1980: NeoMoxie: Gramma: college she wanted

CSB Wanted to go to ArtCenter, couldn't afford it. Instead went to relatively cheap state school, got degree, no debt, worked hard at career, make just as much as ArtCenter graduates. TADA!

What state school?

CSULB

Ah, okay.  It's weird you'd consider that a cheap school, considering tuition ranges from $20K to $27K, depending if you live on campus or not.
I went to CSULA for grad school, so I'm somewhat familiar with Cal State schools.   https://www.csulb.edu/financial-aid-and-scholarships/undergraduate-costs


Yeah did NOT spend that much - it was way cheaper in the 90s. Also, got required transferrable classes done at Harbor College. Saved a ton of money doing that.

Also, 150k is minimum for ArtCenter. 20k is peanuts in conparision.
 
2022-05-24 12:32:26 PM  

raerae1980: NeoMoxie: raerae1980: NeoMoxie: Gramma: college she wanted

CSB Wanted to go to ArtCenter, couldn't afford it. Instead went to relatively cheap state school, got degree, no debt, worked hard at career, make just as much as ArtCenter graduates. TADA!

What state school?

CSULB

Ah, okay.  It's weird you'd consider that a cheap school, considering tuition ranges from $20K to $27K, depending if you live on campus or not.
I went to CSULA for grad school, so I'm somewhat familiar with Cal State schools.   https://www.csulb.edu/financial-aid-and-scholarships/undergraduate-costs


FYI:  I'm very much out-of-date with CA schools these days, it seems. When I was there, I went to Monterey Peninsula College (part time) and as a resident I recall the tuition being no-cost other than books. I was in the Army at the time so I didn't have to deal with rent costs. However, assuming my recollections aren't perfect, even if I did pay tuition, it would have been a pittance because I simply don't recall paying tuition...either that or it was so low that it was a non-issue for me.
 
2022-05-24 12:32:39 PM  

Martian_Astronomer: I am absolutely shocked that this thread has been green for a whole hour and no Gen-Xer has shown up to remind us all how very much they do not care, and how paramountly important it is that we acknowledge that constantly.


You must have missed the link yesterday about how much lead paint they've eaten in their lives. They may be struggling to get dressed and therefore simply cannot make it here to post.
 
2022-05-24 12:34:59 PM  

MelGoesOnTour: raerae1980: NeoMoxie: raerae1980: NeoMoxie: Gramma: college she wanted

CSB Wanted to go to ArtCenter, couldn't afford it. Instead went to relatively cheap state school, got degree, no debt, worked hard at career, make just as much as ArtCenter graduates. TADA!

What state school?

CSULB

Ah, okay.  It's weird you'd consider that a cheap school, considering tuition ranges from $20K to $27K, depending if you live on campus or not.
I went to CSULA for grad school, so I'm somewhat familiar with Cal State schools.   https://www.csulb.edu/financial-aid-and-scholarships/undergraduate-costs

FYI:  I'm very much out-of-date with CA schools these days, it seems. When I was there, I went to Monterey Peninsula College (part time) and as a resident I recall the tuition being no-cost other than books. I was in the Army at the time so I didn't have to deal with rent costs. However, assuming my recollections aren't perfect, even if I did pay tuition, it would have been a pittance because I simply don't recall paying tuition...either that or it was so low that it was a non-issue for me.


Addendum:  Or maybe it was the case that only Community College was tuition free at the time?
 
2022-05-24 12:37:29 PM  

NeoMoxie: raerae1980: NeoMoxie: raerae1980: NeoMoxie: Gramma: college she wanted

CSB Wanted to go to ArtCenter, couldn't afford it. Instead went to relatively cheap state school, got degree, no debt, worked hard at career, make just as much as ArtCenter graduates. TADA!

What state school?

CSULB

Ah, okay.  It's weird you'd consider that a cheap school, considering tuition ranges from $20K to $27K, depending if you live on campus or not.
I went to CSULA for grad school, so I'm somewhat familiar with Cal State schools.   https://www.csulb.edu/financial-aid-and-scholarships/undergraduate-costs

Yeah did NOT spend that much - it was way cheaper in the 90s. Also, got required transferrable classes done at Harbor College. Saved a ton of money doing that.

Also, 150k is minimum for ArtCenter. 20k is peanuts in conparision.


$150K? Good lord, I'm assuming that's for all 4 years, but yeah, CSU's definitely cheaper.
 
2022-05-24 12:38:29 PM  

MelGoesOnTour: raerae1980: NeoMoxie: raerae1980: NeoMoxie: Gramma: college she wanted

CSB Wanted to go to ArtCenter, couldn't afford it. Instead went to relatively cheap state school, got degree, no debt, worked hard at career, make just as much as ArtCenter graduates. TADA!

What state school?

CSULB

Ah, okay.  It's weird you'd consider that a cheap school, considering tuition ranges from $20K to $27K, depending if you live on campus or not.
I went to CSULA for grad school, so I'm somewhat familiar with Cal State schools.   https://www.csulb.edu/financial-aid-and-scholarships/undergraduate-costs

FYI:  I'm very much out-of-date with CA schools these days, it seems. When I was there, I went to Monterey Peninsula College (part time) and as a resident I recall the tuition being no-cost other than books. I was in the Army at the time so I didn't have to deal with rent costs. However, assuming my recollections aren't perfect, even if I did pay tuition, it would have been a pittance because I simply don't recall paying tuition...either that or it was so low that it was a non-issue for me.


CA schools used to have very low tuition rates but that ended in the 00's.
 
2022-05-24 12:46:09 PM  

MelGoesOnTour: Addendum: Or maybe it was the case that only Community College was tuition free at the time?


I don't remember that it was free, but it was much cheaper. And my goal was the degree, was not interested in "college life" with football games and social crap.

My parents basically said "High School was for goofing around, it was free - everything else in life now going forward is gonna cost you. Choose wisely because we aren't paying for any of it."
 
2022-05-24 12:46:56 PM  

raerae1980: MelGoesOnTour: raerae1980: NeoMoxie: raerae1980: NeoMoxie: Gramma: college she wanted

CSB Wanted to go to ArtCenter, couldn't afford it. Instead went to relatively cheap state school, got degree, no debt, worked hard at career, make just as much as ArtCenter graduates. TADA!

What state school?

CSULB

Ah, okay.  It's weird you'd consider that a cheap school, considering tuition ranges from $20K to $27K, depending if you live on campus or not.
I went to CSULA for grad school, so I'm somewhat familiar with Cal State schools.   https://www.csulb.edu/financial-aid-and-scholarships/undergraduate-costs

FYI:  I'm very much out-of-date with CA schools these days, it seems. When I was there, I went to Monterey Peninsula College (part time) and as a resident I recall the tuition being no-cost other than books. I was in the Army at the time so I didn't have to deal with rent costs. However, assuming my recollections aren't perfect, even if I did pay tuition, it would have been a pittance because I simply don't recall paying tuition...either that or it was so low that it was a non-issue for me.

CA schools used to have very low tuition rates but that ended in the 00's.


It's weird how they're both stunningly ignorant of the actual issue under discussion and yet so vehemently sure that they know what's best. Also, they voted for it to be like this and yet they don't think it's appropriate to be angry at them for what they've done. It's like a tsunami of bullshiat.
 
2022-05-24 12:47:02 PM  

Gramma: the unabomber was right: Live Boomer death clock

/Millennial

That's probably funnier when it isn't your friends that are dying.


Your generation is responsible for https://www.nbc15.com/2022/04/26/study-life-expectancy-fell-more-sharply-us-than-other-21-peer-countries/

https://en.wikipedia.org/wiki/Flint_water_crisis

The federal minimum wage in the United States has been $7.25 per hour since July 2009, the last time Congress raised it.

Fark user imageView Full Size

Fark user imageView Full Size

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We used to have the finest infrastructure in the world. The American Society of Civil Engineers thinks there's something like a $4 trillion deficit in infrastructure in deferred maintenance. It's crumbling, and the boomers have allowed it to crumble. Our public education system has steadily degraded as well, forcing middle-class students to bury themselves in debt in order to get a college education.

In other words, you'll forgive us if we're not heartbroken over the loss of a member of the group responsible for making sure that future lives would be shorter and lived in a hellscape.
 
2022-05-24 12:51:00 PM  

NeoMoxie: Yeah did NOT spend that much - it was way cheaper in the 90s. Also, got required transferrable classes done at Harbor College. Saved a ton of money doing that.


I went to SDSU. Living on campus and tuition in the 90's was about 6k per year IIRC.
 
2022-05-24 12:53:02 PM  

Gramma: I don't have a lot of sympathy for people that incur debt without realizing that they'll have to pay it back.


And just in case you're so selfish that you can't see the parallel, that $4 trillion deficit in deferred maintenance? That's a DEBT you incurred with absolutely no intention of paying it back. Same for all the other ways Boomers chose to enrich their 'now' at the cost of everyone else's future.

Christ, these people.
 
2022-05-24 12:57:23 PM  

Cafe Threads: Gramma: The whole student debt thing annoys me.  My Zoomer didn't go to the college she wanted because she didn't want to be burdened with student debt.  But now we are going to forgive the debt for the ones that over-extended themselves?  How is that fair?  And can my Zoomer enroll in that school now and get her tuition covered ?

I don't have a lot of sympathy for people that incur debt without realizing that they'll have to pay it back.

[Fark user image 425x425]


This seems like an easy fix - if we're gonna do a widespread cancellation of debt, reimburse the people who paid their back, and reimburse the responsible parents who sacrificed their long term investments to do the right thing and pay for their children's education.

P.S. - the worst thing that could happen is a bunch of suddenly less-broke millennials start spending wildly and inflation goes up even more. Think the housing market is nuts now?  Give a bunch of young families and prospective a few hundred bucks of extra headroom in their maximum mortgage payment.
 
2022-05-24 12:57:54 PM  
Boomers are also exceedingly well-represented on Fark.
 
2022-05-24 1:06:16 PM  

AdmirableSnackbar: raerae1980: MelGoesOnTour: raerae1980: NeoMoxie: raerae1980: NeoMoxie: Gramma: college she wanted

CSB Wanted to go to ArtCenter, couldn't afford it. Instead went to relatively cheap state school, got degree, no debt, worked hard at career, make just as much as ArtCenter graduates. TADA!

What state school?

CSULB

Ah, okay.  It's weird you'd consider that a cheap school, considering tuition ranges from $20K to $27K, depending if you live on campus or not.
I went to CSULA for grad school, so I'm somewhat familiar with Cal State schools.   https://www.csulb.edu/financial-aid-and-scholarships/undergraduate-costs

FYI:  I'm very much out-of-date with CA schools these days, it seems. When I was there, I went to Monterey Peninsula College (part time) and as a resident I recall the tuition being no-cost other than books. I was in the Army at the time so I didn't have to deal with rent costs. However, assuming my recollections aren't perfect, even if I did pay tuition, it would have been a pittance because I simply don't recall paying tuition...either that or it was so low that it was a non-issue for me.

CA schools used to have very low tuition rates but that ended in the 00's.

It's weird how they're both stunningly ignorant of the actual issue under discussion and yet so vehemently sure that they know what's best. Also, they voted for it to be like this and yet they don't think it's appropriate to be angry at them for what they've done. It's like a tsunami of bullshiat.


I know.  Preachin' to the choir  ;-)    I should be hearing about my forgiveness in a couuple more months.   I'm so close, dude.....so cloooooossseeeeee
 
2022-05-24 1:45:15 PM  

quo vadimus: Gramma: I don't have a lot of sympathy for people that incur debt without realizing that they'll have to pay it back.

And just in case you're so selfish that you can't see the parallel, that $4 trillion deficit in deferred maintenance? That's a DEBT you incurred with absolutely no intention of paying it back. Same for all the other ways Boomers chose to enrich their 'now' at the cost of everyone else's future.

Christ, these people.


Don't you like us? Is it because we smell funny? What if we bought you a nice toy, would that make you like us?
 
2022-05-24 1:56:12 PM  
I'd be on board with the government funding 2 years of community college or trade school for everyone that can get admitted.

But I'm not on board with forgiving the student debt.  No reason for the government to foot the bill for people that got 4 year degrees in majors that can't pay the bills.

Maybe the high schools need to have a mandatory class in personal money management - how credit cards work, loans, how to save money, how to make a realistic budget - that sort of thing. So 18 year-olds don't commit themselves to hundreds of thousands of dollars of debt.
 
2022-05-24 2:06:55 PM  

Gramma: I'd be on board with the government funding 2 years of community college or trade school for everyone that can get admitted.

But I'm not on board with forgiving the student debt.  No reason for the government to foot the bill for people that got 4 year degrees in majors that can't pay the bills.

Maybe the high schools need to have a mandatory class in personal money management - how credit cards work, loans, how to save money, how to make a realistic budget - that sort of thing. So 18 year-olds don't commit themselves to hundreds of thousands of dollars of debt.


How about forgiving an amount equivalent to the cost of community college or trade school?
 
2022-05-24 2:09:24 PM  

Gramma: I'd be on board with the government funding 2 years of community college or trade school for everyone that can get admitted.

But I'm not on board with forgiving the student debt.  No reason for the government to foot the bill for people that got 4 year degrees in majors that can't pay the bills.

Maybe the high schools need to have a mandatory class in personal money management - how credit cards work, loans, how to save money, how to make a realistic budget - that sort of thing. So 18 year-olds don't commit themselves to hundreds of thousands of dollars of debt.


You're making too much sense, stop it!   ;)

I've been saying the same thing, pretty much, and am tired of getting shot down with replies like "No, just pay off everyone's loans cuz we deserve it!"

Gov't paying for a 2-year degree is totally do-able. Heck, even if there is some sort of catch that says you need to volunteer X-many hours somewhere in exchange it'd be worth it.

I also wonder why things like "life skills" are no longer taught in grade school. Not sure if it was universal but those things weren't unheard of when I was still in school. Heck, in friggin' 4th grade we were taught how to manage and balance a checkbook, fer cryin' out loud. But back then the schools also had music and art programs. Maybe that stuff was cut from the budget.

Where i work, it's not uncommon for a student to get their Bachelor degree and then keep going for their Master's since by that time many of them still don't know which sock to put on first...and then they wonder why a Master's degree (from someone straight out of school with zero actual work experience) isn't as valuable as they were led to believe.

*rolls eyes*
 
2022-05-24 2:12:52 PM  
Lish:
How about forgiving an amount equivalent to the cost of community college or trade school?

That would be a great start, at least, but it seems most folks want it all. Heck, if *I* knew I could have gotten my loans forgiven I would have taken them out, gone to the most expensive school that would accept me and then *profit*! But, no, I had to work for money and give away a few years of my life to Uncle Sam in exchange for tuition money. It ain't fair!
 
2022-05-24 3:07:54 PM  
The big thing is, if they just let us declare bankruptcy and take the ten year hit on credit, it would at least be tolerable, but nope.
 
2022-05-24 3:16:59 PM  
Uh oh, Big Boomers!
Youtube ETmuTvZOB0c
 
2022-05-24 3:18:04 PM  
Q: You believe boomers haven't even peaked yet. So how does this all end?Is it going to be chaos?
A: The baby boomers are not going to go away tomorrow, but they're also not going to be here forever. And so the specific timing of all this is quite important.
The most important thing is building new institutions, parties, structures and communities to replace the world the boomers had run for so long. I guess my advice for younger generations is not to think, "Oh, if we just do the right tweet, we're going to take power." You need to think about the long term.


This is certainly true. Younger generations need to acknowledge that they're not going to change Boomer minds and attitudes with persuasive arguments, cunning memes, or pithy slogans, but with real change: involuntary commitment, declarations of incompetency and guardianship, and relegation to abusive nursing homes.
 
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