Damn, I was way above their stated Median Total Debt After Graduation. And that was 10 years ago.
I snowballed and was able to aggressively pay off my loans in less than 5 years, but I wonder where I'd be if I never had that loan debt.
Not many posters can follow up solid takes with horrible takes like Palma can.
Doesn't help that mostly mediocre people end up being high school teachers. Then again we can't pay teachers 500k a year. So I suggest we as a country, instead of doing a purge where you murder people, we randomly select 10% of instagram models to be forced to be married to high school teachers. This will then attract plenty of smart ugly dudes to want to become high school teachers.
If you want to go on Bachelor in Paradise, there's a 10% chance you end up forcibly married to a high school teacher. Then we can have a new reality show where we pair up the instagram models and the teachers to see who would be the best fits. All the proceeds from said reality show go towards paying the teachers inflated salaries.
Human rights activists might have a little gripe with this plan, but let's be real with what we're seeing across the world..... human rights is kinda on its way out.
Not many posters can follow up solid takes with horrible takes like Palma can.
Take the stuff powerful white people know and keep out of K-12 curriculum and democratize the knowledge.
The college earnings premium has proved durable and considerable overall. White people born in the middle of the century got more of an earnings boost for attending college than white people born in the 1980s—but the boost for both groups was big. (“People” is close-enough shorthand here; the authors use a more technical household comparison.) And black people born in the ’80s got a similar income bump to black people born in the ’40s and ’50s.
But the wealth premium has collapsed precipitously over the past 50 years. White graduates born in the ’30s were worth 247 percent more than their non-college-educated peers; white people born in the ’80s were worth just 42 percent more. Among black families, the wealth premium sat at more than 500 percent for those born in the ’30s and fell to zero—yes, zero—for those born in the ’70s and ’80s.