25 years old and deep in debt

[Phillip V]

In China, Betting It All on a Child in College

'Wu Yiebing has been going down coal shafts practically every workday of his life, wrestling an electric drill for $500 a month in the choking dust of claustrophobic tunnels, with one goal in mind: paying for his daughter's education.

His wife, Cao Weiping, toils from dawn to sunset in orchards every day during apple season in May and June. She earns $12 a day tying little plastic bags one at a time around 3,000 young apples on trees, to protect them from insects. The rest of the year she works as a substitute store clerk, earning several dollars a day, all going toward their daughter's education.
...
Yet a college degree no longer ensures a well-paying job, because the number of graduates in China has quadrupled in the last decade.'

http://www.nytimes.com/2013/02/17/business/in-china-families-bet-it-all-on-a-child-in-college.html

[crazy canuck]

It wasnt that long ago that families in this country worked and saved to try to better the next generation 

[stjaba]

One impediment to doing doc review forever, actually, is that it messes up your arm and hand.  Redactions in particular, and redactions of spreadsheets particularly in particular, can be really drag-and-click intensive, especially since some platforms don't allow copy-and-paste boxes so every one must be manually drawn onto a jpeg or tiff or whatever format they use image of the doc, cut into a zillion different pages that you have to click to navigate through, and the navigation options are limited.

I've had to do some "doc review" but unaided by any fancy computer software. My assignment is more like: Go through this box of documents, and summarize the key documents in a memorandum format. I don't mind that too much. It's easy billing, but if I do it for more than a day it starts to suck.

What I really hate doing is deposition summaries. I've found that a bunch of partners don't like doing deposition summaries, so it often falls to me. One annoying aspect is that my hours have been cut some doing depo summaries, so I need to somehow do them faster. I've primarily been doing legal malpractice defense work, so our clients are extra sensitive about bills. 

[Josquius]

It wasnt that long ago that families in this country worked and saved to try to better the next generation 

That's my life plan.   

[Phillip V]

No College Degree? No Job, Even as a File Clerk

'Megan Parker, right, is a receptionist at the Atlanta law office of Busch, Slipakoff & Schuh, which hires only those with a bachelor’s degree. The firm is far from alone.

The college degree is becoming the new high school diploma: the new minimum requirement, albeit an expensive one, for getting even the lowest-level job.'

http://www.nytimes.com/2013/02/20/business/college-degree-required-by-increasing-number-of-companies.html

[MadImmortalMan]

That won't last forever. Younger people are already beginning to rebel against it. It will suck for a while though.

[stjaba]

No College Degree? No Job, Even as a File Clerk

'Megan Parker, right, is a receptionist at the Atlanta law office of Busch, Slipakoff & Schuh, which hires only those with a bachelor's degree. The firm is far from alone.

The college degree is becoming the new high school diploma: the new minimum requirement, albeit an expensive one, for getting even the lowest-level job.'

http://www.nytimes.com/2013/02/20/business/college-degree-required-by-increasing-number-of-companies.html

The college grads working at that law firm are comparatively lucky. At my firm, we have a couple recent college grads doing office clerk type work and they make like $8 an hour.

[garbon]

The college grads working at that law firm are comparatively lucky. At my firm, we have a couple recent college grads doing office clerk type work and they make like $8 an hour.

That's dreadful.

[garbon]

That won't last forever. Younger people are already beginning to rebel against it. It will suck for a while though.

What are they going to do? Not work?

[MadImmortalMan]

That won't last forever. Younger people are already beginning to rebel against it. It will suck for a while though.

What are they going to do? Not work?

No, the market will create a situation where the employers who demand the degree will not be able to fill their positions for what they are willing to pay and they'll drop the requirement.

[Neil]

That won't last forever. Younger people are already beginning to rebel against it. It will suck for a while though.

What are they going to do? Not work?

Exactly.  When lawyer scum ruins society, your only response is to not work, and to make your living with violence against those who do.

[stjaba]

The college grads working at that law firm are comparatively lucky. At my firm, we have a couple recent college grads doing office clerk type work and they make like $8 an hour.

That's dreadful.

One of them is an art school grad ( ) with like $40,000 or $50,000 in college debt. He's a receptionist and accounting clerk.

[garbon]

That won't last forever. Younger people are already beginning to rebel against it. It will suck for a while though.

What are they going to do? Not work?

No, the market will create a situation where the employers who demand the degree will not be able to fill their positions for what they are willing to pay and they'll drop the requirement.

How will that happen? Wouldn't there need to be more jobs than people seeking jobs?

[garbon]

That won't last forever. Younger people are already beginning to rebel against it. It will suck for a while though.

What are they going to do? Not work?

Exactly.  When lawyer scum ruins society, your only response is to not work, and to make your living with violence against those who do.

Okay, Gral. So you think this will end in violent revolution?

[MadImmortalMan]

How will that happen? Wouldn't there need to be more jobs than people seeking jobs?

Less people available who have degrees.