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The federal minimum wage of $7.25 an hour was last raised in July of 2009. Over a decade ago is when it was decided how little money someone could essentially survive on and since then, costs to attend universities have increased at 8x the rate: seemingly to match the increased prices in the housing market as well. How are we supposed to catch up? Were our first jobs only worth the minimum and nothing more? We're about to dig into our lessons and mistakes throughout our work history and what needs to change.
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The federal minimum wage of $7.25 an hour was last raised in July of 2009. Over a decade ago is when it was decided how little money someone could essentially survive on and since then, costs to attend universities have increased at 8x the rate: seemingly to match the increased prices in the housing market as well. How are we supposed to catch up? Were our first jobs only worth the minimum and nothing more? We're about to dig into our lessons and mistakes throughout our work history and what needs to change.