My partner and I share a 2-bedroom apartment in Portland, OR and my half of the rent is 17.5% of my gross income, 26% of take home pay (in addition to tax I have other pre-tax witholdings like a 403(b), FSA, and health insurance premiums).
@@fo I just want to clarify that by The Olden Days I meant pre-1920, maybe? 1900? I feel like the increasing rate of technological/economic/social changes starting in the early 20th century has made already-silly generational categories increasingly arbitrary. For me personally, 9/11 is a big generation gap, but I also feel like there are plenty of other important ones. For example, I feel like there is a big difference between people my age (28) and those who grew up with high speed internet in their home, even though they are only a few years younger than me. Also people who graduated college after the economy tanked. And of course I'm extra touchy about generalizations about my cohort because I'm living it right now. We're all pretty used to it by now, and it's not like I fly into an uncontrollable rage when I see articles like this, but it is pretty exasperating. I also get frustrated when Gen X (or whoever) says "We had to put up with it, so now so do you." I like to dream of a time when we don't shit on our young people, but maybe that's just my entitled Millennial irrationality.
@@fo Well, obviously that too.
@EvanDeSimone Exactly. And I'm sure it was just as ridiculous when people were trying to describe Gen X as one homogenous group, but it's way more annoying now because the internet exists so now we get to hear about how terrible "we" are five hundred billion times a day.
@@fo I think in general generations are way too big. Maybe that made sense in the Olden Days when things didn't change this quickly, but the fact that there are people in my "generation" who don't remember 9/11 is kind of insane to me.
I got 30 seconds into this video and I'm already so embarrassed for him. Sheesh.
@pinches It's nursing school, so assuming that I can actually get a job after graduation, and that glassdoor and all the other salary websites aren't lying to me, and that nothing changes drastically in the next two years, it should be no problem at all. BUT WHAT IF!!!!!!!!!! edit: I do think it's pretty excellent how these days they make you go through all the counseling before they give you any money. It's really extensive and I hope that it helps all the teenagers considering loans to learn about like "This is what credit is. This is what your payments will be. How much will you make after graduation? Oops, looks like that's not enough, you should maybe not take out so much."
God, I'm so afraid of student loans. I just signed up for my first [federal] loans last week because I'm going back to school in the fall, and I've gone over my budget spreadsheets a thousand times and I'm pretty sure everything is going to be fine but I've never really been in debt before so I'm still worried that I'm going to be haunted by it for the rest of my life. Am I being ridiculous, or is it healthy to have a certain level of terrifiedness over this?
I laughed out loud at the accuracy of the St. John's thing, kudos.
I got into nursing school!!! This is really exciting AND also I'm going to have to take out student loans which I haven't ever done before and it's pretty daunting. But being $35k in debt is okay if I'm going to get a well-paying job after I graduate, right? RIGHT??