Recent study reports that 33% of Millennials expect their employer to help them pay down their student debt.

wicked wrote:
I forget that LetsRun is full of big bank & corporate apologists.
If you read the news you should know the wage stagnation that has taken hold of middle class Americans, and you should also know that the price of in-state tuition for public universities has nearly doubled in the last ten years, not to mention the price of text books and everything else that's associated with a college education.
That being said, very few people are able to escape college without some form of debt. Some a lot more than others.
Let's just say that we're living in your fantasy world, and I'm making $50,000 out of college. In a state like California, I'm taking home about $3,000, not including deductions like a 401k or health insurance.
$800 for loans, $1,200 for rent (this is being generous), $100 for utilities, $200 for car insurance and gas. $100 for your cell phone. That leaves us with $600 for groceries, eating out, maybe the wayward doctor appointment, or the rotary gerter fell out from the bottom of your car!
Now imagine doing that on a realistic starting salary of $35-40k a year. I'm not saying an employer needs to take on that burden. I'm saying that the system is very clearly broken and not built to benefit a majority of people that are currently standing neck deep in it.

Most people don't live in California and therefore don't pay that exorbitant tax/rent.

The system did not force people to take out this much debt. And if you only plan to make 35-40k with little increase, you definitely don't need to be taking out huge loans.

I was a marketing major.

I am now working in a well established advertising agency in a junior position.

I don't have a car--because I can't afford one!!--I take public transportation, and in Los Angeles nonetheless!

I went to an in-state, public university, and graduated with $50,000 in student loan debt, despite working 25 hours a week for the four years that I was there.

My salary is $45,000/year working +60 hours a week. I pay $800 in student loans a month, and live paycheck to paycheck.

I'm not complaining. I'm fine with my position right now. I just don't understand the attitude of everyone on this message board who seems to think that an American college education is affordable, that someone aside from students is to blame for the 1.3 trillion dollars in debt (maybe the banks? maybe the government? did we go through something like this before?), and that the climate of the American workforce is beneficial to anyone but the wealthy minority.

Recent study reports that 33% of Millennials expect their employer to help them pay down their student debt.

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Recent study reports that 33% of Millennials expect their employer to help them pay down their student debt.

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