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Why so many grads 'fail to launch'
MSN Money ^ | Monday, April 03, 2006 | MP Dunleavey

Posted on 04/14/2006 6:44:37 AM PDT by Panzerlied

Many 20-somethings find themselves moving home to live with Mom and Dad, just like the movie 'Failure to Launch.' Blame it on the inertia -- and some very real challenges.

(Excerpt) Read more at moneycentral.msn.com ...


TOPICS: Business/Economy; Culture/Society
KEYWORDS: careers; graduates; jobs; quarterlifers
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To: Namyak

I apologize. That post wasn't directed specifically at yours but at the article itself. There ARE exceptions, but I think they should be EXCEPTIONS and not the rule.

I think it is partly because parents today no longer have any "rules" which would make their child want to move out and live on their own. And we can no longer expect teens and twentyers to have any sense of pride about accomplishing things on their own since they have been so pumped up with "self-esteem" regardless of their merit that they feel just fine about themselves.

Back in my day, no women would even LOOK at a man who still lived at home.


61 posted on 04/14/2006 7:49:57 AM PDT by Philistone (Turning lead into gold...)
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To: oblomov
I love this part of that quote....

"Nothing in the world can take the place of Persistence. Talent will not; nothing is more common than unsuccessful men with talent. Genius will not; unrewarded genius is almost a proverb. Education will not; the world is full of educated derelicts."

Sincerely
62 posted on 04/14/2006 7:51:03 AM PDT by ScubieNuc
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To: D-Chivas

You are absolutely right.

The problem is that most of these new graduates are expecting 6 figure incomes the instant they depart academia.

Many jobs are entry-level or internship positions, but what kind of company gives 60,000+ annually to a 22 year old kid with a liberal arts degree?


63 posted on 04/14/2006 7:52:08 AM PDT by Emmet Fitzhume ("It is better to be alone than in bad company.")
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To: nina0113
It's like, wow, I was just studying the cultural history of aborigines

Here's the problem. It didn't choose properly for education and now it's paying for it.

64 posted on 04/14/2006 7:55:31 AM PDT by Centurion2000 (Every man must be tempted, sometimes,to hoist the black flag, and begin slitting throats.)
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To: Philistone
My eldest daughter will be a freshman at Santa Clara University next fall. Her sister is two years behind her. I intend to give them the following advice.

Higher education is not a finishing school or charm school. Four to seven years of expensive post-secondary work are not intended to make you a better person, or to teach you how to think, or to increase your overall understanding of the world, or any of the other mantras of the liberal arts faculty. If I am going to pay up to $250,000 to fund this enterprise, I expect them to emerge from it with a salable skill that cannot be performed in China or India or an entrepreneurial talent that will allow them to own a house, support a family, and provide for the future at least as well and hopefully better than I have. Incidentally, the construction trades would meet these requirements.

65 posted on 04/14/2006 7:55:40 AM PDT by p. henry
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To: darkwing104

Funny, I had a Master Sergeant working for me (I was a Captain in the USAF at the time) with a Master's and working on a Ph.D. I only had a B.A. at the time . . .


66 posted on 04/14/2006 7:59:19 AM PDT by Salgak (Acme Lasers presents: The Energizer Border: I dare you to try and cross it. . .)
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To: Panzerlied

"It's a choice to move home and often something they do out of financial necessity."

Lets talk about the word "necessity"...

Got an iPod? A Car? Did you enjoy your spring breaks down south?


67 posted on 04/14/2006 8:00:26 AM PDT by Pessimist
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To: quikdrw

What does studying the history of aborigines prepare you for ???

. . .Civil Service ? Social work, especially in the inner cities ??

(diving for cover, grinning like hell)


68 posted on 04/14/2006 8:03:40 AM PDT by Salgak (Acme Lasers presents: The Energizer Border: I dare you to try and cross it. . .)
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To: Just another Joe

"BWAHAHAHAHAHAHAHAHAHA, a ballroom dancer?

How much ya' wanna bet there's gonna be a brass pole in the middle of the "ballroom" where she ends up dancing...


69 posted on 04/14/2006 8:04:59 AM PDT by Pessimist
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To: nina0113

I think that's the way a lot of them think.


70 posted on 04/14/2006 8:06:01 AM PDT by Pessimist
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To: Salgak
Got mine while in...I was nice enough to let the Air Force pay for it...


71 posted on 04/14/2006 8:06:01 AM PDT by darkwing104 (Let's get dangerous)
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To: Panzerlied
Image hosting by Photobucket

I guess they're starting to feel it.

72 posted on 04/14/2006 8:08:28 AM PDT by Centurion2000 (Every man must be tempted, sometimes,to hoist the black flag, and begin slitting throats.)
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To: Salgak
What does studying the history of aborigines prepare you for ???

. . .Civil Service ? Social work, especially in the inner cities ???

I was thinking the same thing, and my wife IS a civil-service social worker.

73 posted on 04/14/2006 8:10:02 AM PDT by Sooth2222
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To: Panzerlied
"The average student will graduate with about $15,500 in student loans, according to the College Board. And that's not including loans from parents, home-equity loans or credit-card debt."

This gets me - why on earth does it cost so much to sit in a classroom, listen to a professor drone for 2 hours, and take the occasional test? There's got to be a cheaper way to get this done, especially given the results highlighted in this article.

74 posted on 04/14/2006 8:21:15 AM PDT by meyer (Dems are stuck on stupid. Al Gore invented stupid.)
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To: Lekker 1
"I have a couple of scouts in my troop that just want to be "NBA basketball players"."

First, ask them what they think of someone who is planing on living off of their Powerball winnings, instead of working for a living.

Then, have them work out the math....How many High School BB players are there in the world (Remember that China, Croatia, etc, also contribute to the NBA)? Compare that to how many NBA BB players there are. I'm betting your odds are better at playing Powerball.

Sincerely
75 posted on 04/14/2006 8:23:02 AM PDT by ScubieNuc
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To: p. henry

I'm still a few years away from that point, but have had this discussion with my (very) rich cousin whose eldest son is graduating HS this year. His son is a very talented artist and wants to go either to an art school or a university to study art. My cousin (self-made entrepreneur) is, obviously, concerned and wants him to study business.

What I proposed was that he let his son decide, but with the following proviso: that if the wanted to study business, cousin would pay the full ticket for four years, but that if he wanted to study art, he would pay some, but the son would have to get a job to pay the rest. You have that lever available to you as well.

The goal of raising a child is not to create a clone, but to create an autonomous individual. It's harder than it looks!


76 posted on 04/14/2006 8:31:38 AM PDT by Philistone (Turning lead into gold...)
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To: Sooth2222

Our is, and we like it.

Daughter just graduated from college with an honors degree in Comp Sci. Got a great offer to work at a major R&D facility near where we live. We asked her to stay at home. We get free house sitting, and she saves a lot of money. Its working out well. Then again, she is doing this by choice and it is beneficial to all of us.


77 posted on 04/14/2006 8:34:51 AM PDT by Starwolf
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To: Panzerlied
"You think, six months ago I had a great on-campus job and social life. Now, I'm living at home, I have two friends and no academic stimulation for the first time in 20 years -- sitting in the basement, surfing the Internet, looking for work," Relyea says. "It's like, wow, I was just studying the cultural history of aborigines and now I'm looking at jobs where the main duties are answering the phone and typing.' "

This writes its own jokes.

78 posted on 04/14/2006 8:34:54 AM PDT by pabianice
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To: meyer
There's got to be a cheaper way to get this done, especially given the results highlighted in this article.

If you ever figure that one out... please let me know! :)

79 posted on 04/14/2006 8:35:09 AM PDT by LaineyDee (Don't mess with Texas wimmen!)
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To: Philistone
My daughter is 21 and an art major (actually, Interior Design in an art department). She's not a natural student, so we were delighted that she decided to major in something where she has a natural talent. We also encouraged her to get a job while she was at school in something that was somewhat related to her major. For the past two years, she has worked in a furniture store. Lately, they've made overtures that they want her to increase her hours and take on more responsibilities--and pay her for it. We're not sure what is happening, but my husband and I think that they see a very good worker that they may want to hire permanently. Fortunately, her other talent is administration.

I think this is a way to help graduation blues. Get a job while you're in school and get experience before you graduate. Makes you more employable.

80 posted on 04/14/2006 8:46:32 AM PDT by twigs
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