Something ain't right
Let me describe the typical life-arc of an average American born after 1980. We'll call our average person Joe. Average Joe.
Joe's parents divorce when he's in grade school, and now Joe visits his dad and dad's new girlfriend on weekends. Joe has two step-families, often at odds one with the other.
Joe graduates high school and goes straight to college. His parents, all 4 of them, help out as best they can, and with grants, Joe only has to finance 80% of the cost of going to college for 4 years.
After college, Joe begins to work. If he doesn't move back in with either of his parents, he'll be in poverty for about 6 more years, but after that, with luck and determination, Average Joe will start to earn a respectable working-class income. That's right kids, college grads are working class now. so he'll make between 40 and 65 k per year in his 30s, assuming he doesn't get downsized, outsourced, or otherwise laid off and have to start all over again.
Turns out, that's a big assumption. Average Joe will be laid off.
Joe's parents divorce when he's in grade school, and now Joe visits his dad and dad's new girlfriend on weekends. Joe has two step-families, often at odds one with the other.
Joe graduates high school and goes straight to college. His parents, all 4 of them, help out as best they can, and with grants, Joe only has to finance 80% of the cost of going to college for 4 years.
After college, Joe begins to work. If he doesn't move back in with either of his parents, he'll be in poverty for about 6 more years, but after that, with luck and determination, Average Joe will start to earn a respectable working-class income. That's right kids, college grads are working class now. so he'll make between 40 and 65 k per year in his 30s, assuming he doesn't get downsized, outsourced, or otherwise laid off and have to start all over again.
Turns out, that's a big assumption. Average Joe will be laid off.
posted by JC at 12:14 AM
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