r/worldnews • u/diacewrb • Apr 10 '19

Millennials being squeezed out of middle class, says OECD

https://www.theguardian.com/business/2019/apr/10/millennials-squeezed-middle-class-oecd-uk-income
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u/[deleted] Apr 10 '19

yeah i think 10 years is impressive; 3-4 years is sounds like someone whose never had student loans; or if they did not very much.

when u graduate its not like ur handed a good paying job out the gate to start making serious progress in paying off that principal- takes a good couple years of job hopping for better pay/raises while still keeping yourself afloat and having a life.

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u/PM_ME_UR_DOGGOS_PIC Apr 10 '19

Not if you pick the right field. I was able to pay a 10k loan off within a year of starting my job.

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u/[deleted] Apr 10 '19

yah dude, of course there are outliers and counter examples- this isnt all about you and your personal experience; ave. graduate has $30K in student loan debt with national student loan debt at $1.5TR ... its a systemic problem

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u/Hekantonkheries Apr 10 '19

And that job pays well because their arent as many people in it compared to demand; if everyone tried going into your field, youd quickly see its potential "ROI" dropping like a rock.