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Sorry millennials, but grad school isn’t turning into much better jobs 

While the pursuit of higher education might be making millennials a bit smarter, it’s not helping them get jobs or make any more money, according to a new study from Payscale and Millennial Branding, a millennial-centric research firm.

The study sampled approximately 350,000 millennials, 520,000 Generation Xers and 270,000 baby boomers and compared their degree levels, their salaries and their underemployment. According to the data, millennials are the most educated and academically qualified — but they’re also the most underemployed and making the least money.

Why you should think twice about grad school

The richest executives are saying they can’t afford to pay $15 now, when what they make in a single day is what they’re paying their workers for a whole year.
—  James Lane, Green Party candidate for District 11 in New York City. Watch Democracy Now! for exclusive video coverage of the “Fight for $15” protests today.
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Robert Downey Jr. is featured twice in the latest edition of the annual Guinness World Records book.

  • Fastest to reach 1 million followers on Twitter:  On April 11-12, he reached a million followers in just 23 hours.
  • Highest annual earnings for a film actor:  A record he shares with Tom Cruise, RDJ earned $76.6 million dollars between June 2012 and June 2013.

Guinness World Records 2015 is available in bookstores now.

[ rolling stone | guinness ]

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The highest-paid woman on TV makes $11M more than the highest paid-man — but the fight isn’t over

In addition to the $325,000 she makes per episode on Modern Family, the majority of Vergara’s earnings come from endorsement deals with companies that include CoverGirl, Head & Shoulders, Diet Pepsi, Synthroid and AT&T. She is also in the midst of a 12-year deal with Kmart, hoping to bring Hispanic clients to the box store giant, as well as being the cofounder of Latin World Entertainment, a Hispanic talent management and entertainment marketing firm. Add on film roles and a newly launched perfume and it’s just simple math to rack up $37 million. 

Kutcher, for his part, earned his $26 million through his role on Two and a Half Men, as well as via tech investments. 

Vergara’s success has routinely been met with  controversy | Follow micdotcom

YOUR generation

YOUR generation was the generation where two teachers could afford to buy a 4-bedroom house in San Diego, CA and then afford the mortgage and raise 2 kids in private school (my parents did this).

YOUR generation was the generation where one parent could work in Financial Aid at the local college and the other could raise 2 kids in a 3 bedroom house (my now-retired coworker did this).

YOUR generation was the generation where you could wash dishes to put yourself through college and law school (my uncle did this).

MY generation can’t buy a home when the average cost is $440k and a combined income of two teachers is only $70k, and they have to pay 35% income to rent, let alone trying to afford children.

MY generation has both parents working, one or both working 2 jobs just to buy food, not even able to afford a family vacation every December.

MY generation is in student debt on average $29,400.  And we have scholarships but they only cover 40% of the cost and when law school costs $120k for 2 years, you do the math.

So don’t tell me that it’s MY GENERATION that fucking things up.  We’re only 25, we didn’t get in to the war in 2001 (we were 11 years old), we didn’t de-fund mental health institutions in 1975, we didn’t decide that grants and scholarships should be funded less and tuition should cost more, we didn’t raise the housing market 7000% (my childhood home was bought for $95k and sold for $750k 20 years later).  MY GENERATION didn’t do any of that, YOUR generation did.

So don’t tell me I “just” need to “get a better job” or that I “only” have to send my kids to “a good school.”  Because it doesn’t work like that anymore.  And don’t blame me.

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