44% of min. wage workers in 2010 had attended or graduated college

[emazur]

http://www.bloomberg.com/news/2012-0...s-a-raise.html

"In 2010, nearly 44 percent of minimum-wage workers had either
attended or graduated from college, up from 25.2 percent in 1979,
according to the Center for Economic and Policy Research, a liberal
think tank. "

[Keith and stuff]

I clicked on the link, it is a complete lie. http://www.cepr.net/documents/public...e3-2012-04.pdf

[rockerrockstar]

I guess that means a lot of minimum wage workers are college students. Not surprising if you think about it. They have to get a part time job while going to school. With the bad economy some that get degrees have not been able to find work too.

[Drex]

Easy jobs = minimun wage.

Hard ag jobs = twice that

[2young2vote]

I attend a university and make minimum wage. I think this statistic is only relevant if "attending" and "graduated" are separated. As of right now it shouldn't be surprising to anyone. And another thing about this, the number of people who go to college is higher now than it was, so it really isn't surprising to find that there are more minimum wage workers who go to, or graduated from, college.

Edit: and that is a slightly depressing article. The amount of ignorance is...not surprising, honestly. If they raise minimum wage, costs will go up which will make prices go up which will hurt the low-income people. Not to mention how employers won't hire as many people. The business I work at is proof of this. We used to hire 20 people, but now we only hire 10 or so because minimum wage is so high. And because we have to raise prices then people complain that we are too expensive. Thanks government, for hurting business and not helping low-income people!

[oyarde]

How would you pay rent and repay a student loan on that ??

[thequietkid10]

How would you pay rent and repay a student loan on that ??

By living at home with your parents. Monthly payments are really low (I had about 16,000) in debt and had a minimum payment of about 200 a month.

Anyway, what bugs me about Schiff is that he is rallying against the college model (and yes it is over blown) and yet according to his own website he got a job at Lehman after he got his degree.

[Liberty74]

Only about 5% of workers make minimum wage. So if 44% of those, less than half are making minimum wage attended college, it's not a whole lot of workers. It's about 1 out of 50. Also, I wonder how many of those in the restaurant biz are considered minimum wage workers which we all know waitresses and waiters can make $20-30/hr easily although it's not reported.

[palm]

By living at home with your parents. Monthly payments are really low (I had about 16,000) in debt and had a minimum payment of about 200 a month.

Anyway, what bugs me about Schiff is that he is rallying against the college model (and yes it is over blown) and yet according to his own website he got a job at Lehman after he got his degree.

what if you dont have real parents like me

im a 4.0 btw , very poor, and black

[angelatc]

How would you pay rent and repay a student loan on that ??

By getting roommates, and driving used cars. I've been poor. I've been so poor that I had to ride a bike to get to work because I didn't have the money to fix my car, and I was too proud to ask for food stamps or even a ride to work.

I found that the world was full of people who appreciate that attitude, and a myriad of doors opened up for me.

I have zero tolerance for whining and excuses. If you have two hands, go do something with them.