We're talking about people in their thirties. People who graduated in 2008 and were amazing candidates but couldn't get a job because there _were none_. People who were then passed up for internships in 2013 as things got better because every hiring manager who graduated in 2006 (with maybe 20 grand in debt easily paid off) or boomer (who had no student debt but even if they did could gasp discharge it in bankruptcy) reviewing CV's thinks "wtf has this idiot been doing the last 4 years; hire that fresh grad".
Maybe they'll be able to afford a house when they're 50. Because paying off a mountain of student loans AND paying insane rent AND saving for a deposit (and god help you if you want children) has gotten to be basically impossible for a huge chunk of the population.
And yeah, there are lower cost of living places. Hope your partner and yourself can find work in the same one. And that somehow they magically make your student loans cheaper.
I'm 35, the nearest house I can afford is about 30-40 miles away - I cant touch something for less than 500k, in that radius.
Yeah, they could have made some different choices and only been, say, $60k in debt, but "it gets better" comes with some pretty big caveats for a lot of people right now.
Not sure if that's meant to evoke sympathy, but to me that sounds extremely entitled. I'd be grateful if I had a house at 30.
Is it common for people around you to feel they deserve to own a house?
But, I also grew up in a place where real houses cost $25-40k. So, I’m a way, yes, I had some expectation that if I got a STEM degree, I’d be able to afford a house. But, a $300k house? No - where I grew up, that wasn’t even a thing.
We're saving for a house while pretty aggressively paying off our student loans... but the flexibility of renting has been great.