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Personal Finances / Living Below Your Means


Subject:  Re: Don't do this.... Date:  2/24/2014  11:34 PM
Author:  PSUEngineer Number:  880419 of 902373

It wasn't that much different in 1962-67. Min wage was $1.15 raised to $1.25.

Student loans were almost unheard of. It wasn't easy to work and go to school back then either. I imagine there was not a bigger percent working and going to school than there is today. It would be interesting to know. Median and low income folks just couldn't go to college.

Not the 60s but in the 70s, one brother was working in a steel mill earning $12/hr and another brother was working construction at $8/hr. Both earned enough in the summers to pay for college and graduate with a surplus in their bank accounts. Back then, good paying summer jobs for teenagers were more plentiful than today.

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