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In reply to the discussion: 3.8 GPA, high SATs, 4 year degree and living with Mom at age 25... [View all]peace13
(11,076 posts)My son has been out of college seven years. Deans list every quarter with a degree in Tech / Engineering. His fist job paid 29k and he could not afford to pay his school loans and rent. The second job paid slightly more with the promise of more money if he moved 700 miles away. Two years went by and no raise. Finally he went in and said he needed more money, that his goal had been to earn 40k when he got out of school and here it was six years out and still could not pay the rent and his loans. We have been paying the loans for the past four years. His boss said ,'How about 39,995.00.' My son said if you slap a five dollar bill on the table at the end of the year, OK.
Long story short, he just moved back home and will start a new job on the 14 th. 33percent increase which was more than my son said he would need to take the position. Things are looking up. He will be able to move forward and that is a good feeling. I hope that things continue to look up so that more young people can be paid what they are worth.