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jrwhite82
Joined: 22 May 2010
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 Posted: Tue Oct 25, 2011 7:03 pm Post subject: |
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| TheUrbanMyth wrote: |
Six. Canada, Australia, U.K., Ireland, South Africa and New Zealand
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They speak English in Ireland?? 
(Just kidding guys!)
But speaking of Ireland, #1.
Blaming the recent college grads for escaping the US to find higher paying jobs and a little adventure here is like blaming the Irish immigrants coming into America during the potato famines.
They came to the US to escape economic hardship (although more severe) and took demeaning, dangerous, low paying jobs once they arrived and it drove other recent immigrants out of work because they worked for such a cheap wage.
The new college grads come to Korea to make and save more money than they can in the US and to escape unemployment and terrible, god-awful retail and fast food jobs. Although the hagwon jobs here can be demeaning, dangerous and low paying, the conditions are not nearly as bad as those the Irish faced. So it actually balances out my analogy.
So I agree with you on your views of higher education in America, but to me, it sounds like you're blaming the victims. |
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koreatimes
Joined: 07 Jun 2011
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| Posted: Tue Oct 25, 2011 8:06 pm Post subject: |
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| The new college grads come to Korea to make and save more money than they can in the US and to escape unemployment and terrible, god-awful retail and fast food jobs. |
You really think a college grad all of a sudden thinks of Korea to spend their post grad year/s?
They are going to Korea to pay off loans. They can't save any money.
Last edited by koreatimes on Tue Oct 25, 2011 8:37 pm; edited 1 time in total |
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bentobento
Joined: 21 Jan 2011
Location: US of A (for now)
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| Posted: Tue Oct 25, 2011 8:26 pm Post subject: |
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| koreatimes wrote: |
| Quote: |
| The new college grads come to Korea to make and save more money than they can in the US and to escape unemployment and terrible, god-awful retail and fast food jobs. |
You really think a college grad all of a sudden think of Korea to spend their post grad year/s?
They are going to Korea to pay off loans. They can't save any money. |
Well, that's what I'd be doing. Thankfully, I don't have any debt.
But at the same time, I also have a legit interest in Korean culture and desire to improve my Korean language skills (among other things).
Soooo yeah, I don't know if I actually count as one of those college grad newbies just looking to party. |
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jrwhite82
Joined: 22 May 2010
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| Posted: Tue Oct 25, 2011 8:53 pm Post subject: |
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| koreatimes wrote: |
| Quote: |
| The new college grads come to Korea to make and save more money than they can in the US and to escape unemployment and terrible, god-awful retail and fast food jobs. |
You really think a college grad all of a sudden think of Korea to spend their post grad year/s?
They are going to Korea to pay off loans. They can't save any money. |
I'm not sure if you are disagreeing or agreeing with me.
Yes, I feel they think of Korea as a great alternative to the options at home. Korea is not some little known secret that it was 10-15 years ago. So, many people don't "suddenly think" of the idea.
Many people who come here are able to meet their loan requirements and save.
Last edited by jrwhite82 on Tue Oct 25, 2011 9:01 pm; edited 2 times in total |
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thegadfly
Joined: 01 Feb 2003
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| Posted: Tue Oct 25, 2011 8:58 pm Post subject: |
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...so...turning down a job offer, or cutting an interview short is "standing up to a hakwon owner?" Isn't that setting the bar pretty low for "standing up?"
I guess I have stood up to a couple dozen hakwon owners.
I expected a tale of winning in court or at the labor board.
Turning down a bad job offer is like breathing, isn't it -- something we do automatically, without even thinking about it?
Attaboy? You really showed him? He'll really think twice about...um...absolutely nothing?
Don't get me wrong -- good on you for not taking a bad job. Also, good on you for not walking into traffic. Good on you for not sticking your hand into a running fan. Good on you for not slicing your thumb off with kitchen shears.
I'm going to stand up to a corrupt dentist now -- Imma brush my teeth.
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Juregen
Joined: 30 May 2006
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| Posted: Tue Oct 25, 2011 9:00 pm Post subject: |
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| Riker wrote: |
As far as I know, not providing insurance or pension is standard operating procedure whether or not its in the contract. This has been going on ever since the collapse of the US economy and the flood of applicants that followed.
Don't worry though, 20 more lemmings from the US will jump at a chance to work there.
Don't get me wrong I commend you. If everybody did this we wouldn't have to settle for jobs without benefits at 2.0 million won.
But the sad fact is there are just too many legally retarded US applicants who will take 1.9 million won jobs with no benefits.
Thus polluting the market for all of us. |
They are just setting me up for the win. |
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ajosshi
Joined: 17 Jan 2011
Location: ajosshi.com
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| Posted: Tue Oct 25, 2011 11:35 pm Post subject: Re: Stood up to a hagwon owner today. |
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| Illysook wrote: |
His school was in a decent location for me and he had a beautiful 4 story building full of students. I could feel my spirits lift with every little smile. The kids were so excited to meet me...and then I got a look at the contract.
There was no mention of insurance or pension payments and not only did I bring up the subject, but I got a knowlegable Korean on the phone (an attorney friend from church.) This guy did not even want to listen and he kept insisting that he did not have to comply with the law...and so I walked out. |
what's the name of the hagwon? |
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theevilgenius
Joined: 10 Sep 2010
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| Posted: Tue Oct 25, 2011 11:46 pm Post subject: |
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| If it doesn't affect your paycheck, does it matter that much? |
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Illysook
Joined: 30 Jun 2008
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| Posted: Wed Oct 26, 2011 1:13 am Post subject: Re: Stood up to a hagwon owner today. |
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| ajosshi wrote: |
| Illysook wrote: |
His school was in a decent location for me and he had a beautiful 4 story building full of students. I could feel my spirits lift with every little smile. The kids were so excited to meet me...and then I got a look at the contract.
There was no mention of insurance or pension payments and not only did I bring up the subject, but I got a knowlegable Korean on the phone (an attorney friend from church.) This guy did not even want to listen and he kept insisting that he did not have to comply with the law...and so I walked out. |
what's the name of the hagwon? |
I'm not sure that I should reveal that, but if I'd taken the job and had become seriously ill, I would become Good n' Broke |
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BigBuds
Joined: 15 Sep 2005
Location: Changwon
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| Posted: Wed Oct 26, 2011 1:27 am Post subject: |
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| Riker wrote: |
As far as I know, not providing insurance or pension is standard operating procedure whether or not its in the contract. This has been going on ever since the collapse of the US economy and the flood of applicants that followed.
Don't worry though, 20 more lemmings from the US will jump at a chance to work there.
Don't get me wrong I commend you. If everybody did this we wouldn't have to settle for jobs without benefits at 2.0 million won.
But the sad fact is there are just too many legally retarded US applicants who will take 1.9 million won jobs with no benefits.
Thus polluting the market for all of us. |
Actually, it's been going on long since before the American economy tanked. It's actually gotten better than before it tanked. |
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young_clinton
Joined: 09 Sep 2009
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| Posted: Wed Oct 26, 2011 4:50 am Post subject: |
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| jrwhite82 wrote: |
They speak English in Ireland??
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They speak it quite well. The Scottish Highlands is something else all together. |
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koreatimes
Joined: 07 Jun 2011
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| Posted: Wed Oct 26, 2011 5:17 am Post subject: |
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| I'm not sure if you are disagreeing or agreeing with me. |
I agree with you in the sense that a smaller circle of people who branch out will want to learn about Korea. For example, I only learned about Japan and China in college. Japanese anime or kendo might entice people to Eastern living, but besides kimchi at best, what does Korea have?
Somewhere, you have to generate a certain appreciation for Korea to get into this area. What was your reason for coming to Korea? This kind of stuff isn't taught in the typical Spanish and French class.
So, my bets are that a person would come to Korea to PAY OFF a loan. They wouldn't have extra because they would be applying 100% of what they can to pay it off. There would be NO savings. |
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Tigerstyleone
Joined: 01 Feb 2009
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| Posted: Wed Oct 26, 2011 5:43 am Post subject: |
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Illysook is not in Korea. He's a fantasy posting what if scenarios.
Don't waste your time. |
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jrwhite82
Joined: 22 May 2010
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| Posted: Wed Oct 26, 2011 6:01 am Post subject: |
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| koreatimes wrote: |
| Quote: |
| I'm not sure if you are disagreeing or agreeing with me. |
I agree with you in the sense that a smaller circle of people who branch out will want to learn about Korea. For example, I only learned about Japan and China in college. Japanese anime or kendo might entice people to Eastern living, but besides kimchi at best, what does Korea have?
Somewhere, you have to generate a certain appreciation for Korea to get into this area. What was your reason for coming to Korea? This kind of stuff isn't taught in the typical Spanish and French class.
So, my bets are that a person would come to Korea to PAY OFF a loan. They wouldn't have extra because they would be applying 100% of what they can to pay it off. There would be NO savings. |
I was more interested in Asia in general (not in any particular country), working and saving. I chose Korea because it was in Asia (check), the jobs were better than China and at the time, about on par with Japan (check) and the cost of living compared to the wage was much better than Japan so I could save (check). Those were my criteria. And I'm really happy with my experience both times I've been here. The second time tour I am on now, I am here because I met my incredibly hot Korean wife here. (Oh yeah...that was another reason why I wanted to come to Asia...I'm not gonna lie) I think a lot of people look at Korea the same way. Sure it isn't the historical and cultural powerhouses that Japan and China are. But Korea offers safety (both physical and job) over China, convenience (Seoul subways and buses are much better compared to Tokyo), standard of living (beats both China and Japan due to cost of living in Japan and the squaller you have a much higher chance of getting stuck in in China) and affordable (way better than Japan).
I think that you can save and pay off a loan at the same time. In many cases, provided that your interest rate isn't killing you on the loan, it might make sense not to pay it off too quickly. For example, I had a lower interest rate on my student loan than what I could get in a CD back home. So it made sense to keep my money and put it away. But if your interest rate is higher on the loan it might make sense not to pay it off faster. Although, I know a lot of people that are saving to afford a car or build a bit of a cushion for when they go home. And are just paying their required payments on their loan. Nothing wrong with that strategy if you are smart about budgeting and planning. |
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ontheway
Joined: 24 Aug 2005
Location: Somewhere under the rainbow...
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| Posted: Wed Oct 26, 2011 6:24 am Post subject: |
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| koreatimes wrote: |
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| I'm not sure if you are disagreeing or agreeing with me. |
I agree with you in the sense that a smaller circle of people who branch out will want to learn about Korea. For example, I only learned about Japan and China in college. Japanese anime or kendo might entice people to Eastern living, but besides kimchi at best, what does Korea have?
Somewhere, you have to generate a certain appreciation for Korea to get into this area. What was your reason for coming to Korea? This kind of stuff isn't taught in the typical Spanish and French class.
So, my bets are that a person would come to Korea to PAY OFF a loan. They wouldn't have extra because they would be applying 100% of what they can to pay it off. There would be NO savings. |
When you spend less than what you earn, you save. This increases your net wealth.
When you save you can invest your increased net wealth, the money, at interest, in assets that appreciate, in assets that produce income etc. or you can also reduce debt. All of these actions, if successful, will increase your net income in the future.
Coming to Korea to save is the same as coming to pay off debt. You might think that the debt is more urgent, but that would not be accurate for all indivduals. Being debt free with no assets can be worse than having lots of assets and a manageable debt load. |
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