This years Credit-ED(R) report showed no surprises when it came to upcoming graduates…
Only 38% felt securing a good job was a priority after graduation (21% felt their physical/mental well being was the top issue).
Average income expected? $37,165 with over one-third expecting over $40,000 but…
Over two-thirds said they “expect at least some financial support from their parents” post graduation.
Parents – Don’t covert that room just yet…
Fine, I suppose this is where you look for some witty insights to my mind. A "bio" of sorts. Here is the deal... I ride motorcycles, smoke cigars, golf, kayak, fly, race my car through the mountains, write (a lot), and travel extensively. I am almost old enough not to care what other people think about me...almost. ~Godfadr
$40k…a YEAR??? wow….I only attain that with both my wife and myself working…..I can make a little over 30 with a good chunk of overtime to kill myself with. And despite some early poor decisions financially, I NEVER even contemplated asking my parents for monetary assistance. If I had, they’d have realized I was stupid enough to accept one of their credit card bills as help!
I think today’s kids are going to have rude awakening. I have three kids and thankfully they are all doing well.