20080131

Money Story

I used to work in market research. You may be surprised to learn that well over half of the employees of that market research company had college degrees. Many of them were in grad school.

We used to go down to Portland State every semester and do "college life" surveys, giving students ten bucks to just answer random questions for about an hour. One of the questions was always “how much money do you expect to make your first year out of college?” In the three semesters I did that survey, I don’t think I ever got a single figure below $60,000. One person, a general education major, just glared at me and said, “well, I would hope at least six figures!!!”

Think about that when someone asks you why Americans are perpetually in debt.

No comments: