Mar 20 2017

Graduating with a Degree in Debt: The Average Student Debt Balance for Seniors is now $40,000.

The runaway cost to attend college just continues to sprint ahead.  The average student loan balance for graduating seniors is now $40,000.  This is astronomical considering the per capita wage of Americans is in the high $20,000 range.  The math behind this astronomical debt is rather clear and simple to follow.  Student debt is one […]

Mar 13 2017

Roughly one third of college students spend their loans on spring break and partying.

There is a massive student loan epidemic in the United States.  Over $1.4 trillion in student debt is floating around in our economy lingering like an albatross on the necks of many young students.  While the idea of getting a college degree is more popular today than ever, it would seem like going to spring […]

Mar 6 2017

Top 10 Largest Occupations in the United States Dominated by Jobs that pay $20k to $30k a Year.

The American economy has slowly compressed the middle class into a minority group.  When the manufacturing sector slowly eroded away, waiting in the wings to replace those higher paying jobs was low wage service sector employment.  Now as it turns out the top 10 largest occupations in the United States are occupied by low wage […]

Feb 26 2017

Americans now Hold Over $4.1 Trillion in Consumer Debt: Last Debt Bubble Peak was at $2.5 Trillion.

Americans now hold an incredible $4.1 trillion in consumer debt.  This latest data shows that Americans are now back to having an insatiable appetite for spending beyond their means.  Unlike mortgage debt, consumer debt is not building up any future equity here.  The largest category of consumer debt is student loan debt.  Even at the […]

Feb 20 2017

Housing affordability shows that most Americans are too broke to buy a home: The American Dream moves further out of reach.

More Americans are finding it harder to afford a home.  In fact, a closely followed housing affordability index is now back to where it was in 2008.  Not exactly a prime time for buying homes.  Most Americans are too broke to afford a home.  Which is somewhat contrary to the narrative that is pumped out […]

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