Post by jeffolie on Jan 24, 2013 18:09:06 GMT -6
diploma degree doubling: Debt skyrockets women's impact
White women = birthrate crash due to college money
What does skyrocketing consumer debt have to do with the US birthrate crash?
answer:
White women went to college.
Bare with me as I connect a few dots:
my jeffolie view:
1. skyrocketing consumer debt mostly consists of skyrocketing student loans during the great Recession or as I like to label this a 'regular depression' for the most common American. Home equity, housing debt has been declining as foreclosures, short sales etc convert single family houses to investor income for alternatives to the near zero interest earned on savings in CD or Treasuries. Houses now flipped by economic titans with political connections include the world notorious Blackrock Group.
2. Women could rarely find men with decent incomes since the 'regular depression' started in 1999 as real, after inflation adjusted median incomes declined, declined even more after the construction bust of the housing collapse.
3. Women did not want 'broke ass' guys beyond dating ... not marriage material, only dating material.
4. Women went to college and resulted in political support much as the poverty women who got money for having unwed children got support during the President Lyndon Johnson 'Great war on Poverty' of the 1960s. Since 1999, politicans increased grants ... free money ... for increasingly women to go to college ... like the free money for illigimate children used to be.
5. The Politics and TV media glorified women attorneys, doctors, etc as a path to secure and high status careers.
6. The myth that college degrees equalled a secure financial path became urban legend that remains unchallenged today even as the underemployment rate for college graduates last year approached 50% meaning if one even got a job with a college degree that most of the time no college degree was needed to get that job.
7. Women did not want to marry while in college because often the resulting combined income lifted the women in college to beyond the free money, grant status just as women raising unwed children did not want to be raised into an income level that rejected them getting money as 'welfare mothers'
8. white women in college getting free grant money equalled the same result as welfare mothers getting free money without the stigma of the label of being welfare mothers.
============================
Wednesday, January 23, 2013
The Rise of the Educated
In 1950, only 33 percent of Americans aged 25 or older had a high school diploma. In 2012, almost the same proportion (31 percent) has a bachelor's degree.
In 1950, only 6 percent of Americans aged 25 or older had a bachelor's degree. In 2012, nearly twice as many (11 percent) have a graduate degree.
Source: Census Bureau,http://www.census.gov/hhes/socdemo/education/
demomemo.blogspot.com/
===================================
December 05, 2012
Non-Hispanic White Married Couples
Non-Hispanic whites as a share of married couples with children under age 18 at home: 65%
Non-Hispanic whites as a share of married couples without children under age 18 at home: 80%
Source: Census Bureau, 2012 Current Population Survey www.census.gov/hhes/www/cpstables/032012/hhinc/toc.htm
Why Aren't Young Women Having Babies?
The United States is in the midst of another baby bust. Births have declined 9 percent from their 2007 peak, the overall fertility rate is at a record low of 63.0 births per 1,000 women aged 15 to 44, and the birth rate of women in their prime childbearing years--aged 20 to 24--is also at an all-time low. Take a look at the trend in the birth rate of 20-to-24-year-olds...
Births per 1,000 women aged 20 to 24
1960: 258.1
1970: 167.8
1980: 115.1
1990: 116.5
2000: 109.7
2007: 106.3
2011: 85.3
What explains the precipitous decline in the birth rate of women aged 20 to 24? College explains it. Note that the birth rate of 20-to-24-year-olds declined sharply between 1960 and 1980 as women of the baby-boom generation went to college. Only 39 percent of women who graduated from high school in 1960 went to college. By 1980, the 52 percent majority were going to college. The figure grew to 68 percent by 2007, and the Great Recession pushed the enrollment rate as high as 74 percent in 2010.
With nearly three out of four young women in college, there aren't many 20-to-24-year-olds with the time or inclination to have a baby, not to mention the money. College enrollment also explains why women's median age at first marriage has grown from 20.3 years in 1960 to a record high of 26.6 years in 2012.
demomemo.blogspot.com/2012/12/non-hispanic-white-married-couples.html
White women = birthrate crash due to college money
What does skyrocketing consumer debt have to do with the US birthrate crash?
answer:
White women went to college.
Bare with me as I connect a few dots:
my jeffolie view:
1. skyrocketing consumer debt mostly consists of skyrocketing student loans during the great Recession or as I like to label this a 'regular depression' for the most common American. Home equity, housing debt has been declining as foreclosures, short sales etc convert single family houses to investor income for alternatives to the near zero interest earned on savings in CD or Treasuries. Houses now flipped by economic titans with political connections include the world notorious Blackrock Group.
2. Women could rarely find men with decent incomes since the 'regular depression' started in 1999 as real, after inflation adjusted median incomes declined, declined even more after the construction bust of the housing collapse.
3. Women did not want 'broke ass' guys beyond dating ... not marriage material, only dating material.
4. Women went to college and resulted in political support much as the poverty women who got money for having unwed children got support during the President Lyndon Johnson 'Great war on Poverty' of the 1960s. Since 1999, politicans increased grants ... free money ... for increasingly women to go to college ... like the free money for illigimate children used to be.
5. The Politics and TV media glorified women attorneys, doctors, etc as a path to secure and high status careers.
6. The myth that college degrees equalled a secure financial path became urban legend that remains unchallenged today even as the underemployment rate for college graduates last year approached 50% meaning if one even got a job with a college degree that most of the time no college degree was needed to get that job.
7. Women did not want to marry while in college because often the resulting combined income lifted the women in college to beyond the free money, grant status just as women raising unwed children did not want to be raised into an income level that rejected them getting money as 'welfare mothers'
8. white women in college getting free grant money equalled the same result as welfare mothers getting free money without the stigma of the label of being welfare mothers.
============================
Wednesday, January 23, 2013
The Rise of the Educated
In 1950, only 33 percent of Americans aged 25 or older had a high school diploma. In 2012, almost the same proportion (31 percent) has a bachelor's degree.
In 1950, only 6 percent of Americans aged 25 or older had a bachelor's degree. In 2012, nearly twice as many (11 percent) have a graduate degree.
Source: Census Bureau,http://www.census.gov/hhes/socdemo/education/
demomemo.blogspot.com/
===================================
December 05, 2012
Non-Hispanic White Married Couples
Non-Hispanic whites as a share of married couples with children under age 18 at home: 65%
Non-Hispanic whites as a share of married couples without children under age 18 at home: 80%
Source: Census Bureau, 2012 Current Population Survey www.census.gov/hhes/www/cpstables/032012/hhinc/toc.htm
Why Aren't Young Women Having Babies?
The United States is in the midst of another baby bust. Births have declined 9 percent from their 2007 peak, the overall fertility rate is at a record low of 63.0 births per 1,000 women aged 15 to 44, and the birth rate of women in their prime childbearing years--aged 20 to 24--is also at an all-time low. Take a look at the trend in the birth rate of 20-to-24-year-olds...
Births per 1,000 women aged 20 to 24
1960: 258.1
1970: 167.8
1980: 115.1
1990: 116.5
2000: 109.7
2007: 106.3
2011: 85.3
What explains the precipitous decline in the birth rate of women aged 20 to 24? College explains it. Note that the birth rate of 20-to-24-year-olds declined sharply between 1960 and 1980 as women of the baby-boom generation went to college. Only 39 percent of women who graduated from high school in 1960 went to college. By 1980, the 52 percent majority were going to college. The figure grew to 68 percent by 2007, and the Great Recession pushed the enrollment rate as high as 74 percent in 2010.
With nearly three out of four young women in college, there aren't many 20-to-24-year-olds with the time or inclination to have a baby, not to mention the money. College enrollment also explains why women's median age at first marriage has grown from 20.3 years in 1960 to a record high of 26.6 years in 2012.
demomemo.blogspot.com/2012/12/non-hispanic-white-married-couples.html