Defeated and trapped. Young look on in despair at The Kingdom of the Boomers

Percy1983

de1amo wrote: »

No it is the rule İ run my business by...if you don't like it tough...İ don't loose sleep about not employing British graduates......even in my own family in the Uk İ have unemployed graduate relatives and won't employ them....life is tough...but İ look after my business!!

I would have to agree you ar wrong, fair enough if you went for the best for the job and this gnerally appeared not to be UK graduates fair enough.

I will say I never went to university as it made more sense not to and its paying well now, but this doesn't mean I am better (or worse) than EVERY graduate.

de1amo

Yes but to talk about despondency amongst the young and talk about people expecting 25k just because they have a degree..shows how out of touch the Uk is with the rest of the world!!!....i left the Uk in my mid 40s to restart my life in Turkey. İ took any teaching job i could get to gain experience because all my previous work experience meant nothing here..İ worked myself into my present position...no one gave me a decent job!!..i was just recounting to my Aussie friend how i used to walk great distances to earn 2 dollars for teaching an hour......it wasn't for the money but for teaching practice İ did it!

chucknorris

de1amo wrote: »

and talk about people expecting 25k just because they have a degree..shows how out of touch the Uk is with the rest of the world

Nobody said that on this thread, I certainly didn't, I was talking about our graduates (that I teach) I wasn't talking generally.


EDIT: I can possibly understand you mistaking my use of 'our graduates' to mean 'UK graduates generally' but did you really think all UK graduates start on at least £25k?

ruggedtoast

de1amo wrote: »

Everyone is blamingthe baby boomers for being so well off....now they can ransack their pension and release the cash to look after their so disillusioned kids!!......i would if i had cause to!!..and i am a baby boomer and have received nothing or ever will from my parents....

The government spokeswoman I listened to on the radio specifically mentioned boomers using the cash grab to invest in buy to Let's.

Now the young can fund the boomer pensions and instantly receive the benefit of being further priced out by the growing boomer property apartheid.

ruggedtoast

de1amo wrote: »

My life is far from tough but if i had so low standards to employ a Uk graduates my school would suffer and then life would get tough...İ get loads of waster year gap students knocking on my door expecting me to foot their holidays....they start off as they mean to go on in life!!

Good grief. What does your school teach?

Fella

ruggedtoast wrote: »

Good grief. What does your school teach?

Humanities.

[Deleted User]

Fella wrote: »

You'd have to be monumentally stupid to go to University because it's "what you were told to do".

Someone should only go to University if they have a career path they're following. If they want to just go for the "life experience", then come out with a generic degree in something no employer cares about, then, surprise surprise, they'll have a load of debt & no decent job prospects.

I don't subscribe to that. Going to university to intellectually better yourself is certainly worth it. However, you'd better hope that you do well in your subject. If you do something directly career related, then it's not as vital.

Come out with a high-grade 'generic degree' from a good university, and your prospects should be ok; you'll just need to learn to apply yourself to something career related.

I don't think £25k is an unreasonable salary for a graduate. My first 'graduate job' paid £26k, and that was 9 years ago. Even then it wasn't a high graduate salary

ruggedtoast

de1amo wrote: »

Yes but to talk about despondency amongst the young and talk about people expecting 25k just because they have a degree..shows how out of touch the Uk is with the rest of the world!!!....i left the Uk in my mid 40s to restart my life in Turkey. İ took any teaching job i could get to gain experience because all my previous work experience meant nothing here..İ worked myself into my present position...no one gave me a decent job!!..i was just recounting to my Aussie friend how i used to walk great distances to earn 2 dollars for teaching an hour......it wasn't for the money but for teaching practice İ did it!

Look old chap. I dont think you can draw any conclusion about UK grads from the backpackers that wash up at your English language school, wearing sandals and waving their freshly printed degree certificate from the 'Khao San University' in the hope of scoring one of your $2 a day jobs.

Jason74

ukcarper wrote: »

Property prices do not just go up they are cyclical I bought just before your parents in 1972 and it was just as difficult as now house prices in relation to average earnings were just under 5x compared to just over now. The amount of money I could borrow in relation to earnings was lower, deposits were similar and interest rates higher. To much of this argument concentrates on house prices when the real problem is employment opportunities especially to those without degrees. I don't think much of that is down to babyboomers.

Thanks for the well reasoned reply. Perhaps on the housing side of things, my thoughts are influenced by the fact that I live in London, where the change in prices relative to earnings is somewhat different to the one you describe. The house my parents bought in 1976 cost less than 4 times the salary of a newly qualified electrician. The same house now would cost about 14 times the salary of a newly qualified spark.

More importantly, In London terms, that scenario is not in anyway unusual. Indeed, even in the 12 years since I bought my first home, it's cost relative to average salaries has doubled (it's almost tripled in purely cash terms). Even alllowing for lower interest rates now, there's simply no comparison between the relative copst of buying a modest home now compared to 40 years ago. Most people I know of my parents generation freely acknowledge this fact, and it's only on here that I hear that disputed. As I say though, I'm prepared to acknowledge that this is perhaps a regional thing to some extent.

But it's not just housing. Someone in their 50s now will in most cases have much better pension provision that someone in their 20s on the same career trajectory. Higher education was also much more fully funded for those reaching student age in the 70s than it is today. And then as you say there's there's the jobs issue.

As you say, very little of this has anything to do with boomers in terms of them having done anything wrong. That generation was dealt a good hand, and in the main played it well. But the fact is that they were dealt a fundementally stronger hand than the younger generation today (and the likelyhood is things will get worse still for future generations without family wealth behind them). I generally have no problem with people making the most of that hand, my only criticism is of those who refuse to acknowledge the fact that they were dealt a strong hand, and try to make out that the tougher environment faced by the younger generation is somehow their own fault. It really isn't

de1amo

the title of this thread is about disillusioned youth...most of them have been to uni and done worthless degrees and wracked up huge debt....need i say any more about not wanting to employ them........there are only about 3 universities in the UK which Uk employers take seriously the others are just places to prolong childhood...by the way i don't have a degree but i have worked hard and now employ people....i am not lucky.i got off my !!! and did it for myself.........i have succeeded in the Uk and here in Turkey.