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More and more white collar folks gettin the pin...

More and more white collar folks gettin the pin...

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Study Finds White-Collar Unemployment Spreading
http://cityroom.blogs.nytimes.com/2008/12/11/beyond-wall-st-white-collar-unemployment-soars/?hp
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So what's happening now? These white collar-workers spent thousands upon thousands to finance a college education. What good did it do? Doesn't this just prove that no matter how hard you work that it doesn't guarantee financial success?

DSR where are you hiding!

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Originally posted by jlilly
Study Finds White-Collar Unemployment Spreading
http://cityroom.blogs.nytimes.com/2008/12/11/beyond-wall-st-white-collar-unemployment-soars/?hp
---------------

So what's happening now? These white collar-workers spent thousands upon thousands to finance a college education. What good did it do? Doesn't this just prove that no matter how hard you work that it doesn't guarantee financial success?

DSR where are you hiding!
The trick is to work hard on the right thing. Work smarter not harder.

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Originally posted by jlilly
Study Finds White-Collar Unemployment Spreading
http://cityroom.blogs.nytimes.com/2008/12/11/beyond-wall-st-white-collar-unemployment-soars/?hp
---------------

So what's happening now? These white collar-workers spent thousands upon thousands to finance a college education. What good did it do? Doesn't this just prove that no matter how hard you work that it doesn't guarantee financial success?

DSR where are you hiding!
I think he got a permanent forum ban, from what his profile says

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Originally posted by jlilly
Study Finds White-Collar Unemployment Spreading
http://cityroom.blogs.nytimes.com/2008/12/11/beyond-wall-st-white-collar-unemployment-soars/?hp
---------------

So what's happening now? These white collar-workers spent thousands upon thousands to finance a college education. What good did it do? Doesn't this just prove that no matter how hard you work that it doesn't guarantee financial success?

DSR where are you hiding!
There is some truth in your post. A college degree is not a guarentee of job stability, or prosperity, especially in an economic downturn such as America is facing. In my opinion there are enough opportunities for the small independent business person today, to really question weather having a college degree is worth it. 😏

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Originally posted by bill718
There is some truth in your post. A college degree is not a guarentee of job stability, or prosperity, especially in an economic downturn such as America is facing. In my opinion there are enough opportunities for the small independent business person today, to really question weather having a college degree is worth it. 😏
You need to earn the capital to open that small business first.

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Is the US labour market in such a bad shape that college graduates can't even find a job anymore?

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Originally posted by AThousandYoung
You need to earn the capital to open that small business first.
This may be true, but often the "capital" one has to earn is tiny compared to the price of a 4 year degree. 😏

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Originally posted by bill718
This may be true, but often the "capital" one has to earn is tiny compared to the price of a 4 year degree. 😏
It's easy to get the loan for the degree, at great rates, and once you've got it, you can't lose it, unlike with the money you put into a business.

It's kind of sad, but for the first time in my life I feel like I am valuable - that employers actually need me for what I can provide. No matter what, they can't take my education away from me.

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Originally posted by KazetNagorra
Is the US labour market in such a bad shape that college graduates can't even find a job anymore?
It's not so much that as it is a case of too many people having degrees that they can't put to use. Not just because of the job market, but because there's only so much use for a liberal arts major that isn't any good at anything or a business major that doesn't like to work hard, etc. etc.

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Originally posted by AThousandYoung
You need to earn the capital to open that small business first.
True, but it is more fun to work hard for yourself instead of working hard for someone else. I have done both and would always choose the former.

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Originally posted by AThousandYoung
It's easy to get the loan for the degree, at great rates, and once you've got it, you can't lose it, unlike with the money you put into a business.

It's kind of sad, but for the first time in my life I feel like I am valuable - that employers actually need me for what I can provide. No matter what, they can't take my education away from me.
My pappy always said, "It's not so much the education, but perseverance perseverance, perseverance that counts the most" I think you gave up on teaching too soon, but i understand the system you had to deal with. Anyway, it's easy to develope a line of credit if you start a small business, and the gov't will help you. They want you succeed, hire employees and PAY TAXES.

GRANNY.

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Originally posted by lepomis
The trick is to work hard on the right thing. Work smarter not harder.
You gotta be kidding me 😀

I work at the good 'ol hospital(s) and cardiologists and other speciality doctors are being laid off alllllll the time. not enough patient load (because people cant afford their services and tons of people dont have insurance) so they get canned.

you telling me a guy studying 12+ years didn't study the "right" thing? what is the right thing?

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Originally posted by jlilly
You gotta be kidding me 😀

I work at the good 'ol hospital(s) and cardiologists and other speciality doctors are being laid off alllllll the time. not enough patient load (because people cant afford their services and tons of people dont have insurance) so they get canned.

you telling me a guy studying 12+ years didn't study the "right" thing? what is the right thing?
Why do you suggest that doctors are some how better than other workers?

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Originally posted by jlilly
you telling me a guy studying 12+ years didn't study the "right" thing? what is the right thing?
The right thing is having the tools you need to meet your needs. I've never met anyone who could find happiness or any sense of self respect, without this reality in their life. The right thing is what you can see yourself doing for a reasonable length of time, maybe even for the rest of your life and actually having some fun with it or for the very least getting a sense of satisfaction of a job well done out of it.

I know there are some that say don't give me all that self actualization, touchy feely stuff, all I want is a job that puts food on the table and keeps me from knocking on anyone else's door, and I totally agree with anyone that has that view. To live you have to work. Our parents and grandparents seemed less afflicted with the need to find happiness and joy and fulfilment in every waking hour, and simply did what they had to do to keep the wheels of their life turning and making sure they could provide for their loved ones. I am talking in generalities for sure, but it seems the obsession we have learned to develop over what we do and how much we earn and whether on a cost effective basis it was worth it to have paid a large sum of money for an education.. etc etc, seems nothing more than eternal navel gazing and what if scenarios.

When you consider the general lack of opportunity in western society for the parents who raised the baby boomer's, then you also work out that most of that generation fell into whatever came to hand and made the best of it. On the other hand if we, given all the opportunity to follow our dreams and to become educated in whatever our fields of interest may be, are then disenchanted when that interest makes us 'qualified to do nothing', then in some ways our expectations of always having all our desires and needs met and fulfilled in the workforce, and that we lead empowered 'perfect' 'inspired' lives, seems just a little too much like self indulgent rumination, for my liking.

If you spend money on an education expecting a return on your investment and you become redundant or retrenched and you then are disappointed because your best laid plans were not realised due to things beyond your control, then in some ways your 'education' whatever you paid for it has not taught you nothing.

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Originally posted by jlilly
You gotta be kidding me 😀

I work at the good 'ol hospital(s) and cardiologists and other speciality doctors are being laid off alllllll the time. not enough patient load (because people cant afford their services and tons of people dont have insurance) so they get canned.

you telling me a guy studying 12+ years didn't study the "right" thing? what is the right thing?
Are you telling me those canned docs won't get a job somewhere else? HAHAHA! Looks to me like you made the right decision. You haven't been canned yet.

GRANNY.

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