Your linked quote specifically says - The most common way parents helped was allowing their children to live rent free in their home and contributing money toward a deposit
We have previously covered this in another thread. People are spending more years in educating themselves and delaying forming households, so they stay at home longer. Most parents have fairly generous natures and don't charge their children commercial rents, in most cases parents are subsidising their children's living costs.
Yes, I imagine it still could matter a bit what one chooses ta 'edumacate' 'emself for? :
"The workforce planning projections in this publication show that in the medium to long-term, Australia’s demand for nurses will significantly exceed supply (with a projected shortfall of approximately 85,000 nurses by 2025, or 123,000 nurses by 2030 under current settings)."
Personal choice. I suspect that a lot of people have made poor choices and spent money that they will have to pay back on almost useless degrees, but no one held a gun to their head and if they are good enough they will still do well in life.
For those who aren't good enough, well they were probably always going to fail.
Take risks - if you win you will become wealthy, if you lose you will become wise
Personal choice. I suspect that a lot of people have made poor choices and spent money that they will have to pay back on almost useless degrees, but no one held a gun to their head and if they are good enough they will still do well in life.
For those who aren't good enough, well they were probably always going to fail.
So by in large degrees are no more less valuable than tenacity and determination?
No more or less valued than investment?
Mmmm, then university is a ponzi sham right Rufy? Not to dissimilar to your beloved property, all promise but little real worth ?!
So by in large degrees are no more less valuable than tenacity and determination?
No more or less valued than investment?
Mmmm, then university is a ponzi sham right Rufy? Not to dissimilar to your beloved property, all promise but little real worth ?!
All education has value, but given that it's purchased then it's sensible for students to look at how much the qualification they are paying for will earn them once they have it, and I think in some cases they may be disappointed.
Perhaps a different choice would have meant a lower debt or a greater income when they enter the workforce. I don't see physiotherapists earning any more than a carpenter or an electrician who hasn't paid for the education, and has been paid while he/she learnt on the job.
Surely outcomes must be considered when planning a career.
Take risks - if you win you will become wealthy, if you lose you will become wise
All education has value, but given that it's purchased then it's sensible for students to look at how much the qualification they are paying for will earn them once they have it, and I think in some cases they may be disappointed.
Perhaps a different choice would have meant a lower debt or a greater income when they enter the workforce. I don't see physiotherapists earning any more than a carpenter or an electrician who hasn't paid for the education, and has been paid while he/she learnt on the job.
Surely outcomes must be considered when planning a career.
Nope, a huge portion of the world dedicate themselves to things they enjoy/find worth in, a lot of those jobs pay poorly but you would be damn grateful they donor I.e. Paramedic. Carpenters earn a lot because they are a bit-product of your worthless housing boom and it's non- productiveness, they drag down on the economy with ridiculous costs associated with building/renovating/maintenance.
Do you know what a 20 something with their fourth year union ticket earns?
Nope, a huge portion of the world dedicate themselves to things they enjoy/find worth in, a lot of those jobs pay poorly but you would be damn grateful they donor I.e. Paramedic. Carpenters earn a lot because they are a bit-product of your worthless housing boom and it's non- productiveness, they drag down on the economy with ridiculous costs associated with building/renovating/maintenance.
Do you know what a 20 something with their fourth year union ticket earns?
I wouldn't call becoming a paramedic a useless qualification, and neither would I say a carpenter is non-productive. Without building trades to produce more housing, prices would be far higher than they are now.
People can study whatever the want or have an interest in, I'm just saying that they have to pay for their qualifications so they should choose wisely.
Take risks - if you win you will become wealthy, if you lose you will become wise
I wouldn't call becoming a paramedic a useless qualification, and neither would I say a carpenter is non-productive. Without building trades to produce more housing, prices would be far higher than they are now.
I ever called a trained paramedic a useless qualification, that's your spin.
As for trades people and the cost of housing your comment ignores the fact that extraordinarily high wages in construction is a main driver for cost escalation.
Chicken or the egg stuff Rufy but you just focus on the whole chook, stick with the money earner right pal?!
So by in large degrees are no more less valuable than tenacity and determination?
No more or less valued than investment?
Mmmm, then university is a ponzi sham right Rufy? Not to dissimilar to your beloved property, all promise but little real worth ?!
People used to say 'do well in school or you won't get a good job'.
Now it's 'do well in school, otherwise you won't get into uni'.
But they think that stops there, that once you get into uni you're set, you just get your bit of paper then walk into a job. But that is not the case.
The next part of the saying now needs to be 'do well in uni, or you won't get a job'. Having a degree isn't enough to get a job, you need the good grades and generally extra curricular activities to get work.
Obviously trades go down a different path, but a lot of them now require kids to finish school rather than dropping out in grade 10 as they prefer their apprentices to be a bit more educated.
We are living longer, it's no surprise we have to now study longer and work for longer.
The only thing that people need to be careful of, is if you go to university and you don't do well, chances are you'll be in no better situation than a kid walking out of high school and you'll have 30 - 40k of debt.
If you don't do well in a business degree for example, chances are the best jobs you could apply for is a receptionist at one of the companies you'd like to work your way up in. Which is a bit ironic since you'll often find a kid straight out of school will walk into that same receptionist job, do a degree part time on the side and be in a much better position than the average joe walking out of the uni who is desperately trying to get the receptionist job that they are 'over qualified' for.
The thing is there's a lot of Chris's in the world - average people. Problem is like Chris, those average people want above average jobs, above average income and an above average lifestyle but they don't want to put in the above average work. You have to pay the price to be above average, university is a stepping stone if you want to go down that path, but you still need to put in the work. You can't put in average work at uni and expect to come out on top. Universities aren't to blame, I think people need to be made more aware of their abilities, their work ethic and what jobs they are actually likely to be qualified for. I saw a news segment on facebook yesterday about how the average law firm partner earns $1.2m a year, the funny thing is the amount of students scrapping through a law degree thinking that'll be them one day is laughable. I'd also say anyone who fails a single subject in university, isn't cut out for university. Doesn't matter if you can go re-do that subject, you've already proven that you're far below average (in that degree) so of course you won't be able to compete for a job in that field.
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