No kidding. Seniors have taken out so much more than they ever put in. Where is the thanks?
Hey everyone will. This is how it works. In 1949 an accounting major in NYC got $2,500 per year. 50 years later, it's some $50,000 per year. That'a a 20X multiplier. When today's graduates retire 50 years from now, the starting salary using the same multiplier will be $1,000,000. They too will be paid more than they ever put in.