Sep 1 2014

Student debt becoming a larger albatross for economic growth: $1.2 trillion in student debt is outstanding and many college graduates working in jobs that don’t require their degree.

There was a time when going to college made sense in every feasible way. It made sense professionally, economically, and many college graduates have a wonderful time in the process of completing their degrees. Most would argue that learning is vital in growing and moving forward. Yet students need to ask whether their return on […]

Jul 25 2014

When does college become too expensive? Tuition growth continues to outpace income growth and the student debt bubble continues to expand with the vast majority of debt going to the young.

When does college become too expensive? Will there be a bell going off like during a boxing match? What is the price tag that makes getting an education too expensive? It is obvious in the current economy that many prospective students cannot afford a college education without going into joint breaking levels of debt. Many […]

May 13 2014

Is college worth a lifetime of debt? Student debt reaches critical tipping point at $1.2 trillion as annual price increases enter the moment of truth.

The cost of going to college has come into deep questioning. In our inflation addicted market, the answer to every question regarding affordability involves more debt. Can’t afford a home? How about taking on a massive mortgage with a small down payment. Can’t afford a car? How about a 0 percent 0 down loan. Having […]

Apr 7 2014

Why you should fear inflation: The CPI understates the true nature of inflation. BLS only allocates less than 2 percent to tuition in CPI. Missing big on the biggest expense in housing.

Some people believe that inflation is simply a part of the normal economy like seeing the sunrise every day.  Over time prices will rise on everything, or so the argument goes.  I’m not sure if most dig into the question any deeper and question the nature of prices rising.  If we look at inflation over […]

Feb 5 2014

How crony capitalism is harming the economic prosperity of young Americans: College tuition up 1,140 percent since 1978 and wages are stagnant.

When you live life as a hammer, everything must appear like a nail.  So when our economy is run and operated by the financial industry, everything must appear like a casino just asking for it in terms of speculation.  Such is the state of affairs in a crony capitalistic system.  The term gets thrown around […]

Jan 5 2014

Is college worth the debt? The cost of one year of college is higher than the per capita wage of a fully working American.

Going to college has become a rite of passage in America.  We’ve left shamanic rituals deep in our human past and have come to accept college as a clear transition point into adulthood.  In a consumption based economy, success is typically measured by your ability to consume.  Spending prowess is not measured by sea shells […]

Nov 26 2013

The frightening lack of accounting transparency in the student loan market: New York Fed has student loan debt at $1.027 trillion while Fed Board of Governors in Washington has it at $1.214 trillion.

You see what you want to see.  This is the current state of the financial markets.  When a handful of observers were warning the Fed and multiple government agencies about the subprime crisis floating in the market, hardly anyone wanted to listen.  This is the same kind of accounting trickery that is now pervasive in […]

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