Back in the day engineers starting pay, respect, vacation time, work flexibility, etc were much greater when adjusted for inflation (for the salary part). Naive HS students going into engineering think that the engineering profession is still that way, but in reality wages have been driven way down and it is no longer as respected as it used to be and student loans are more out of control than they ever have been since the creation of the USA , debt to income ratios are getting worse just to get an education, a modest home and basic reliable auto.
I worked with a pre-boomer and when he graduated he could support a family and pay off a single family home in about 3 years with his income, they had 1-2 cars and no student loan debt. That is unheard of these days. I can see why new graduates are reluctant to put their shackles on since they will have to wear them alot longer than their fore fathers long before them if they dont already have them on with outrageous student loan debt. My grandfather a pre-boomer was able to buy a house, support a family, buy rifles and an air plane on a coal miners pay, and not some junker welfare C-172 but a brand new PA-18 super cub. I am glad my grandfather and father are both pilots because otherwise it would take me another 5-7 years before I could finish my license, plane, hangar, etc.
I feel like I am just starting my career/life at 29 because I just got my student loans paid off last year but still have a mortgage for a small condo that I will probably die with that represents 3/8 of my income for the cheapest place I could find outside of the ghetto and thats as an engineer not a HS grad working in a warehouse or running a forkliftt.
Wage deflation and out of control tuition is a big problem in this nation and more and more young people are thinking why bother, MAYBE they can have something nice when they are 30-40 years old if they dont have a heart attack first or they can enjoy their time without the money.
And if you do make it there is more fraud, graft, theft and bogus court orders these days that seek to take it away. Have sex and a condom breaks have fun living on less than 50% of your income after CSED and uncle sam get their hands out of your cookie jar. I have never seen under the table engineering work.
Then you add the self righous berating of young people by boomers with no consideration for how bad things are in the USA right now and you reach critical mass and the younger generations are demotivated and your society crumbles. People were living on credit for the last decade before the 09 collapse and now you are going to see the economy for what it really is.
I am hoping that germany can get its act together can cut off all the leaches around them so that they will be a viable alternative to the USA when the USA crumbles and talented individuals have a safe haven rather than the world plunging into the dark ages like after rome fell. My dad thinks that germany will never gain its pre WW2 dominance back again. I would not mind learning german.
Just sayin.