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  1. bintananth

    Economics Changing how Colleges Work.

    That FRED data is inflation adjusted and takes local cost of living into account. What they're using as the baseline to scale everything against and how they're scaling it is an opaque mess to wade through. A benjamin is going to last a whole lot longer in a rural small town than it will in NYC...
  2. bintananth

    Economics Changing how Colleges Work.

    So, that got fixed in the two decades since I left school. The median US paycheque is about $70K. Median household income (about $95-100K) is higher because 2-income households are quite prevalent. You're in the middle of the paycheque pack.
  3. bintananth

    Economics Changing how Colleges Work.

    The unpaid internship is a byproduct of some schools and programs making corporate internships a degree requirement. It quickly turned into a shitshow because companies figured out how to game the system almost instantly.
  4. bintananth

    Economics Changing how Colleges Work.

    Find a way to expose and get rid of the lie/myth that you absolutely must have an academic education past a HS Diploma or GED to "make it" in the workplace. In 2022 61.8% of recent HS graduates enrolled in a 2yr or 4yr college. That was a decrease from 2021. Um, yeah. 60% of the jobs out there...
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