r/politics•
AND_

If you've got a bachelor's degree, you're part of the top 30% of Americans in terms of education - not really part of the 99%.

Was just looking through wikipedia stats on education in the US, in light of all the "I am suffering so much in my student debt!"/99-Percenter posts floating around. Student loans can be tough, sure, but I think it merits pointing out that people with bachelor's degrees from American universities are a distinct minority in the US. You're not exactly an unskilled laborer for whom the middle class is only a faint dream.

Edit: I should add, screw Wall Street, they ruined our economy. But complaining that you're in the top 30% and you had to pay for the privilege of your position is totally obnoxious, and I wish that was dropped from the 99%'s patterns of complaint.

Posted Oct 3, 2011, 11:39 PM UTC · edited

017
Bowinja•

You missed the point of the 99%. The 99% isn't exclusive to middle class or unemployed or disabled or welfare. Its the 99% of people who are seeing their quality of life wither while the 1% has seen their incomes skyrocket even as the adjusted wage has fallen across the board and unemployment is rising.

Its about the 99% for whom government policies that favor large business and money traders and hedge fund managers penalize.

Its not about education, its about American workers blue collar, white collar, lab coat and all. People who put in solid 8 hour days and more but see their efforts mean less and less each day in this screwed up economy where the 1% reap the majority of benefits from their hard work.

Its the people who can see that policies that favor the 1% are driving the middle class american way of life out of reach and squeezing the middle class.

Does that help you see who the 99% are?

12
AND_OP•

You put it very nicely! You have a way with words.

My real point was about people who consider themselves ruined for life because of student debt. They write and speak like they aren't part of an elite and very lucky minority in America. The real economic burden in this economic crisis and in America in the last 30 years has been placed on people who are not like them - construction workers, blue-collar types.

Even if they're all part of the same 99%, there's a huge difference in the difficulties facing the two groups - ie, the difficulties facing those with degrees (and student loans) are much, much less formidable. And watching kids complain about student loans without also appreciating how privileged they are is frustrating, I feel.

1
Bowinja•

To a degree I can see where you're coming from. An education is a special and valuable thing and it certainly aided me in my career, almost invaluable to me to allow me to enter my career field. I was lucky that my education was funded by a merit scholarship and I graduated with no debt. Even with student debt it can be a privilege and invaluable to that person. Launched into the right career a person can work off the debt and build a strong foundation for life.

But even with the inequalities in that 99% we are still a 99% together. The same policies that benefit the 1% unfairly, hurt all of us together.

As an aside, I will say that education opened up doors to the career path I wanted to follow but there are other careers that can be gained by hard work or experience or skill or interest. My sister never obtained a degree past high school but she makes a comparable income that is significantly higher than mine in a job she obtained by working hard and gaining experience. We in America have somehow manage to forget the importance of hard working trade and vocational jobs. We seem to value the "college-education" jobs as the only good ones. In our mainstream culture we've lost sight of the apprenticeship system and learning trades as a path to success.

2
[deleted]•

The plight of the blue and white collar worker is quite evident in this country. You can generalize all you want, but the fact of the matter is this:It's hard to get insert job here when that job is being outsourced to another country. Furthermore(and my final point) 40 people (hypothetically speaking for the sake of this particular argument) to one position in said company doesn't make job hunting, or job obtaining I should say, easy. There's nothing wrong with healthy competition, but when you are faced with several people sweating over how to feed themselves and potentially their families, its going to be hard to ignore the fact that "hey, maybe things aren't so great here in the land of opportunity." Just fyi, I don't disagree/agree with you at all, I just wanted to make a point.

5
AND_OP•

It's totally true - outsourcing and abstract economic policies and everything affect everybody's job opportunities, none of which are easy.

It just gets to me that really educationally privileged people complain that there was (gasp) a cost to achieving their privilege. Just because you are in student debt doesn't mean that your life is going to fall apart, like a lot of people's really have in the last 3-4 years.

1
[deleted]•

It just gets to me that really educationally privileged people complain that there was (gasp) a cost to achieving their privilege. Just because you are in student debt doesn't mean that your life is going to fall apart, like a lot of people's really have in the last 3-4 years.

That isn't exactly unfounded or unrealistic. For some of these jobs(not necessarily all of them I have to say that) require a X amount of time in an unpaid internship. Furthermore, the time between graduation and repayment of those loans tends to be immediately afterwards. There's not alot of time for a full or part time gig when you go to school fulltime. I sympathize with people that are buried under student loan debt because the same is happening to me. I'm not asking for things to be easy or for someone to bail me out, but I'm not thinking that things have to be purposefully hard either. The key is motivation and moral. You can't really effectively pay off 20k in loans working at a starbucks, while trying to find time to look for that good job(especially when a day may be all that stands in your way of paying it off on time, or defaulting). I'm just trying to factor in the time it takes to pay off a large loan.

2
EnlightenedTxn•

I know lots of people with bachelor's degrees (not necessarily underwater basket weaving) who are still unemployed though.

3
AND_OP•

Sure, it's true, but as of August (according to the Bureau of Labor Statistics), the unemployment rate for people with a high school diploma and no college is 9.6%, and it's 4.3% for people with a bachelor's and higher.

That's a huge difference - not only are people with bachelor's degrees better educated than 70% of America, but their unemployment is less than half of the people without any college.

0
who-boppin•

The funny thing is that 4% is almost as low as unemployment can go. 4.3% enemployment is a good figure

2
[deleted]•

Why is that funny? I don't get it. When unemployment for the whole population is 4%, then unemployment for people with college degrees is much lower. Similar to how, even now, people with PhDs have an unemployment rate well below 4%.

1
AND_OP•

Not sure why I got downvotes for quoting numbers from the BLS.

1
madcorp•

i know more who did major in underwater basketweaving, or more realistically did not apply themselves and/or had bad grades and/or did not do any internships or real life applications for their studies and/or just bad at interviews.

Until proven otherwise the "99%" (which is total bull) will not be taken seriously by me or anyone i know.

-4
AND_OP•

I mean, yeah. I worked jobs when I was in college and got good grades, and now I am doing fine and my debt is manageable. I know that a lot of blue collar and public sector jobs got axed and they're never coming back, and that's a real problem, but I don't have a lot in common with them other than "none of us are rich."

1
vagif•

Yeah, and blacks are less than 10% of population of US. So obviously they are not in that 99% too.

Woosh.

2
Le7•

they are 12%

2
AND_OP•

Aww, hey now. I just think that complaining about student loans while being in the most poised-for-success minority in America was obnoxious - especially alongside people with more pressing structural economic difficulties facing them.

-1
kegbuna•

Degree holders are a minority within a majority... a demographic of the 99%.

30% of the population surely could not fit within the 1% that is left...

2