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85% of College Grads Move Back Home
http://money.cnn.com/2010/10/14/pf/boomerang_kids_move_home/index.htm?section=money_mostpopular&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+rss%2Fmoney_mostpopular+%28Most+Popular%29 ^

Posted on 10/15/2010 9:40:56 AM PDT by TigerClaws

NEW YORK (CNNMoney.com) -- Getting a degree used to be a stepping stone to limitless career opportunities. Now it's more of a hiatus from living under your parents' roof.

Stubbornly high unemployment -- nearly 15% for those ages 20-24 -- has made finding a job nearly impossible. And without a job, there's nowhere for these young adults to go but back to their old bedrooms, curfews and chore charts. Meet the boomerangers.

(Excerpt) Read more at money.cnn.com ...


TOPICS: Business/Economy; Culture/Society; Extended News; News/Current Events; Politics/Elections
KEYWORDS: 15; adults; career; college; colleges; degree; democrats; economy; elections; fail; hopeychangey; job; newyork; obamavoters; obamayouth; opportunities; parents; unemployment; youngadults
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To: Niuhuru

Unfortunately we didn’t actually tell kids that when they were in high school so they could have made different choices. I fear that old people will be used for fuel when these kids eventually get to reigns of power,


81 posted on 10/15/2010 2:15:09 PM PDT by garbanzo (Government is not the solution to our problems. Government is the problem.)
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To: MarineBrat
A degree in physics, aerospace or nursing will take you further in your first year after college than something in (for example) black studies or music appreciation.

A bachelor's in physics won't take you as far as you think. Even a PhD in the subject has limited job prospects.

82 posted on 10/15/2010 2:30:43 PM PDT by garbanzo (Government is not the solution to our problems. Government is the problem.)
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To: garbanzo

I think the Boomers and hippies, not the ones who have held the country together. I don’t think genocide against the old to turn them into soylent green, but I think that once the non-hippie generation gets into power, things are going to be flipped around. I was once in therapy and the volunteer psychologist told me that he (and this is how he viewed me too) that he isn’t going to choose a mate just out of romance, but pragmatic reasons. I think the coming generation is going to be very pragmatic, not idealistic.


83 posted on 10/15/2010 2:33:19 PM PDT by Niuhuru (The Internet is the digital AIDS; adapting and successfully destroying the MSM host.)
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To: MarineBrat

My daughter is a mathematician and my son is an engineer, neither of them could find work after graduation. Together they obliterated more than a decades accumulation of my and my wifes frequent flyer miles going to interviews anywhere in the US they could find one.

Ultimately my daughter found a job with a Canadian bank in Montreal, my son however could only find contract work in the middle east.

Please identify their exact academic short-comings that makes them unemployable in this fine country.


84 posted on 10/15/2010 2:37:12 PM PDT by WalterSobchak2012
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To: goodwithagun

Not all of them are deadbeats with weak majors. My daughter graduated with honors from a very prestigious college with a degree in chemistry. She moved back home, already had a solid job lined up. By the time her 9K in student loans came due 6 months later, she paid them off in cash. A year later, she paid cash for a lightly used car and moved into her own place. Our allowing her to live at home that short time helped her establish herself financially. And considering how little we paid for her to go to college, between her scholarships and her working summers, it was the least we could do to help her start her post-college life debt-free.


85 posted on 10/15/2010 2:38:00 PM PDT by Hoffer Rand (There ARE two Americas: "God's children" and the tax payers)
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To: OrangeHoof

Good on you for keeping up your work ethic. After the Civil War, I am sure that a lot of Southern aristocrats were impoverished and did stuff they didn’t like or planned on doing. But they did it and got working.


86 posted on 10/15/2010 2:40:15 PM PDT by Niuhuru (The Internet is the digital AIDS; adapting and successfully destroying the MSM host.)
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To: Stat-boy

When I get my degree in Virology, I will be giving back by working on those diesases that kill people and curing something.


87 posted on 10/15/2010 2:42:29 PM PDT by Niuhuru (The Internet is the digital AIDS; adapting and successfully destroying the MSM host.)
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To: WalterSobchak2012

“Please identify their exact academic short-comings that makes them unemployable in this fine country.”

Are they white and drug free and do not have a criminal record?


88 posted on 10/15/2010 2:43:34 PM PDT by Niuhuru (The Internet is the digital AIDS; adapting and successfully destroying the MSM host.)
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To: Niuhuru
I think the coming generation is going to be very pragmatic, not idealistic.

It's hard to stay alive in Bartertown if you are less than pragmatic. And that's exactly where we are headed.


Frowning takes 68 muscles.
Smiling takes 6.
Pulling this trigger takes 2.
I'm lazy.

89 posted on 10/15/2010 2:52:49 PM PDT by The Comedian (They Live. We Sleep.)
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To: Niuhuru

It’s less about politics and more of the sense that you have an entire generation that feels as if they’ve been lied to for pretty much all their lives. They did as they were told and got nothing for it while all the lawbreakers seem to have been rewarded.


90 posted on 10/15/2010 2:54:41 PM PDT by garbanzo (Government is not the solution to our problems. Government is the problem.)
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To: TigerClaws
Q. What's the first question a philosophy PhD asks?

A. Mom, can you wash these?


Frowning takes 68 muscles.
Smiling takes 6.
Pulling this trigger takes 2.
I'm lazy.

91 posted on 10/15/2010 3:02:18 PM PDT by The Comedian (They Live. We Sleep.)
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To: garbanzo

Exactly. You put in a nutshell what I was unable to articulate.


92 posted on 10/15/2010 3:07:04 PM PDT by Niuhuru (The Internet is the digital AIDS; adapting and successfully destroying the MSM host.)
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To: Niuhuru

Worse, their heterosexual too.


93 posted on 10/15/2010 3:58:35 PM PDT by WalterSobchak2012
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To: TigerClaws
FWIW, all my nephews and nieces, upon graduation moved back home as did I when I got out of the Army.

From there they and I looked for employment and once we found employment and established a fixed income, we moved out.........

It wasn't a political thing, it was a financial thing..........

As far as I'm concerned, this is a no news story...........

94 posted on 10/15/2010 4:07:22 PM PDT by Hot Tabasco (There's only one cure for Obamarrhea......)
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To: TexasFreeper2009

I wish to apologize for my harsh remarks about you. Looking over what you wrote, I can now tell that you are indeed an educated man...with a lot of patience in dealing with an old coot such as me.

Please forgive.


95 posted on 10/15/2010 5:00:40 PM PDT by OldPossum
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To: MarineBrat
And you would know that a liberal arts degree is useless because ___I say so____ (fill in the blank).

That, good sir, is one f'n hilarious response. I doff my chapeau.

Technically, you DID say it was useless. I quoted you. And I accept your apology. ;)

96 posted on 10/15/2010 5:16:13 PM PDT by brewcrew
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To: Stat-boy

Indeed, the professions you list (law, medicine, engineering) do require training and colleges prepare students to acquire the credentials to practice these professions. But it’s not education as I (and others) perceive it. At this point the colleges are playing the role of trade schools. Medicine, particularly, fits this role. It’s high-level trade school.

Your point about the loony-tunes who have taken over the liberal arts colleges is well-taken. I sincerely doubt that I could have endured their preaching to me. Often, the political viewpoints of the college professors I was lucky to have were, for the most part, unknown. No preaching.

In closing, I wish to point out that the explosion, if you will, in the number of students going to college is a direct result of the Supreme Court’s decision in Griggs v. Duke Power Company (1971). The Court held that aptitude (intelligence) tests were discrimatory toward minorities and could not be administered as a requirement for employment. That put an end to employers’ use of these tests to weed out unsuitable candidates. So, they turned to the college degree as a substitute for these tests, believing that a college degree indicated a person had a certain level of intelligence to have mastered a college curriculum.

It was a pleasure to have discussed this subject with you. I did not detect any rudeness on your part.


97 posted on 10/15/2010 5:26:57 PM PDT by OldPossum
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To: TexasFreeper2009
back then anyone with a high school diploma was nearly guaranteed a good job.

School in Early 60s: The prospect that a job wouldn't be available didn't even enter our minds. Anyone willing could find a job. Once inside the company hard work and good attendance guaranteed promotions. Showing interest in areas outside your work area guaranteed personal growth. In my day formal education was a plus but the focus was more on the individual’s own efforts and interest in the goals of the company. I went up the ladder in my field after attending only 1 year of jr. college before working but continuing my education all during my working career

98 posted on 10/15/2010 6:30:12 PM PDT by Joan Kerrey
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To: redgolum

One thing with Rush, I NEVER doubt his sincerity, he is not going out of his way to take a shot at people, he really does believe that “boomer rang” graduates should not happen.

Over the years, I’ve grown to like Rush Limbaugh the person more than perhaps I used to, he is a Lion of Conservatism, I sometimes think maybe he would have liked to have had a actual Rush Baby of his own.


99 posted on 10/15/2010 7:46:55 PM PDT by padre35 (You shall not ignore the laws of God, the Market, the Jungle, and Reciprocity Rm10.10)
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To: WalterSobchak2012
Please identify their exact academic short-comings that makes them unemployable in this fine country.

Fly them out here and I'll interview them. You'll get my report. :)

100 posted on 10/15/2010 11:17:04 PM PDT by MarineBrat (Better dead than red!)
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