
Here's what I think will happen to my daughter. It's copied from this excellent thread. We don't live in a rural area, but most everything else is true: https://www.dcurbanmom.com/jforum/posts/list/210/791426.page Here's how this happens. It's not ultra common, but it does happen, and it's not so simple as "make better choices". Because many of the choices are made before the person has the necessary info, and often they are working on information that is bad or very misleading: - Larla grows up in rural or remote part of the country. Low cost of living, middle or working class parents who don't struggle a ton to make ends meet because low COL. Larla has pleasant childhood without a lot of class strife thanks to this. - Larla is very good at school, and opportunities in this area are limited. It's not near a larger city. The area doesn't have a ton of arts, culture, or commerce. Larla very quickly develops interest in leaving area because of these limitations and because they are very successful academically, this starts to feel like a real possibility. - Larla goes to college far away, a "good school" likely with some or a lot of merit aid. Larla's grades and test scores qualified her for school, but her admission probably has a lot to do with her - background too -- these schools like diversity and being from some remote place stands out. - Maybe the school is in a big city, but maybe in little college town, but either way, winds up in a student population with people from much more cosmopolitan backgrounds. Some are wealthy, some are UMC, some might be MC or WC but from places with greater diversity (of people and experiences). This means everyone understands a lot more about how the world works than Larla, even the other kids on financial aid and who have to work. Larla is straight up naive. - Larla makes friends, and her friends educate her a bit about the world. The problem is, they are naive too, because they don't even understand what they know. They explain stuff to Larla, but it overemphasizes the fairness of the system. They gloss over stuff like the value of family connections or the fact that they are from families that really, really support and emphasize higher education (something Larla's family probably doesn't value to the same degree because of very different environments and circumstances). Larla starts to think she's figuring things out, but she's only getting a very small part of the picture. - Larla makes career choices, decides where to move after school, based on her naive assumptions coupled with a pretty incomplete explanation of the world gleaned from young people who are really still just figuring it out. What Larla could really use at this point is a parent or relative who can say "Whoa, wait -- some of these kids have trust funds. Some of them can live in their aunt's apartment while they intern. Some of them have parents who will will do anything to cover the cost of a graduate degree because it's important to them. You need to make different choices based on your specific situation. How about Philly instead of NYC? How about marketing instead of publishing? Maybe what you really want is to write -- get an ed degree, teach high school English, and write! Or pursue an academic degree but get used to living in midwestern college towns, which are at least cheap." - So instead, Larla figures this out on her own over the course of a decade or so. It's revealed in fits and starts, and often she only learns a key piece of information after it's too late to do much with it (like that an MFA is treated as required in publishing, but has no actual value in terms of earning, something that should actually be a required release of info before anyone enrolls in an MFA program). She also gets deeper into a career and social circle that will simply reinforce her value system, making it harder and harder to pull herself out. She might contemplate moving to Chicago or Portland or Denver, but her NY friends will say "OMG no, I could never" and she's only 28 and her family doesn't understand her anymore either, so she holds onto those values even though they don't serve her. It's a sucky thing. Yes, she was naive and stupid and made bad choices. But it's also kind of hard to blame her because she's kind of been thrown to the wolves. Her university probably should have offered her some kind of practical economic education, but that would require being honest about their student body and their funding and the value of their degree, so: no. Same with the MFA. Her friends are self-interested in believing that they earned their way (to a degree they may have, in other ways not). Also, Larla doesn't have a stereotypical hard luck upbringing. She's not from poverty, her parents have steady jobs, she had a nice childhood. The fact that it in no way prepared her for the life she is now leading doesn't concern anyone because she is a [almost certainly white] middle class lady with a fancy college degree. It's just that none of those things are really helping her right now and she'd have to go back in time, or totally upend her entire values system, to change it. It's what she should do, but it's understandable that she is struggling. I feel really bad for people in this situation. This is why it helps to have savvy parents who get how the world works, why you are lucky to find mentors or honest friends who tell it like it is. It can save you. Some people never get that and they get stuck. |
Jeez - so at what point do you finally let go of micromanaging your kids choices? When they change their phone number? |
You're being intentionally misleading. I agree with PP here. It's an anonymous forum, no need to have an ego about working at a BB when your role is not the one being targeted by OP (misguided or not), and you know it. Since most people on here seem to be unfamiliar with finance jobs, why not just be upfront about what your actual role is? |
Wow,wow,wow. You're just vile. You're not a good parent, and you're an awful person. Why can't your daughter be a journalist? And what is this Peter Pan bullcrap you're spewing. I knew plenty of kids with parents like you. It didn't turn out how you think. They ended up angry with their parents, and still seeking what they want. You're on a fast track to alienating your child and years of therapy. |
Wanting to work on a farm and write on environmental issues doesn't equal a depressed child. You people are insane thinking that the only path is BB analyst to PE. That's not normal. |
Because I don’t want to risk outing myself. But if you think all jobs at big banks are essentially finance/consulting roles, then you’re just ignorant and I don’t feel the need to educate you. |
You can keep saying that. But I know many, many multigenerational lawyer families. Most lawyers will not *push* their kids to go to law school, because it has to be something you really want to do (just like working in tech or finance!). However, it’s not a surprise that a child of lawyers would be inclined toward practicing law. Signed, third generation lawyer whose kid will probably go to law school |
100% agree with this. You are awful and thank god not my parent. |
Of course we know that not all jobs at big banks are finance. That’s why we’re saying you’re being misleading. When people at top schools are talking about getting a job at MBB or at a BB (Bulge Bracket investment bank), they mean - MBB: analyst consulting roles right out of college or business school; typically responsible for analysis and slide generation for a work stream - BB: doing investment banking (a product or coverage group), sales and trading, or investment management. At the UG level, that means getting a junior internship and if you do well, an offer to return after graduation. That’s the path for 99% of people and the jobs are tough to get. A bank like JP Morgan employs north of 100,000 people. That includes investment bankers, but also paralegals, HR recruiters, marketing, compliance, an internal accounting team etc. All the more back officey jobs that you need to run a succcessful company. I suspect your role is more like these and these are great jobs! But when you say you work in finance (after “grad” school and work at an agency - not a traditional MBA) in the context of a convo like this, you’re leading people to believe you found the back door to investment banking when you’re doing something else altogether. It’s sort of like this acquaintance I have that often calls herself a “Woman in Tech” and likes to talk about how she loves being in a competitive field like “Tech.” She knows full well that when most people hear that, they think software developing/engineer. She actually does advertising sales after being a social sciences major. A job to very proud of for sure, but as DCUM likes to say, ad sales is not tech. It’s sales. |
It’s a book, written by a person. It’s their opinion. It’s not a Bible. Unclench. |
OK, now you’re a troll. ![]() |
Hi, OP! |
And the truth is that Mom is the failure. Hopefully her daughter recognizes that. |
+2 |
This thread is full of OP and a couple cronies who may or may not be OP, based upon how they write near-exactly like her, dismissing and pooh-poohing the MANY people with similar young adult paths (and no, they aren’t all rich and no, they didn’t all grow up “connected”) to this beleaguered daughter who have careers that don’t line up with OP’s idiotic gloom and doom predictions. |