LMAO @ remain uneducated.
97% of them are even more ignorant after attending college. And the few that actually end up graduating have an inflated and unrealistic sense of accomplishment for what essentially amounts to a worthless piece of paper.
This is true of ALL the current crop of university graduates... black, white, asian, hispanic, makes no difference.
They were sold a 40/40/40 package that back in the 40's actually meant something.
You spend thousands of dollars on a good education, in order to position yourself with a good company for whom you will work 40 hrs a week, for 40 years, and then retire with an income of roughly 40% of what you were earning while you were working.
Problem is... the 40/40/40 plan doesn't work the way it was designed. It is an outmoded model, which if followed by today's generation will see them graduate from university with a mortgage (death pledge) strapped to their backs, and the inability to find a job.
There is however a better way. Not that there is anything wrong with higher education,
but the 40/40/40 plan isn't working for today's retirees, ...and will be even less effective for todays university students.
Ask the retirees in Michigan, or California firefighters, or former Detroit city workers how secure they feel in their pensions right now. The ratio of 45:1, 45 workers supporting 1 retiree back in the day has dramatically shifted to something like 15:1. Haven't kept up with the latest stats, but I do know at the current pace it will soon reach 3:1.
The babyboom generation is retiring en masse. Every 7 seconds there's a new one turning 65.
Everyday in America 10,000 new seniors start collecting social security pensions ...EVERY DAY!
Where's the money going to come from?