May 14 2015

Student and auto debt fuel credit bubble 2.0: Student loans carry the highest delinquency rate of all debt classes. Student and auto debt up $1.15 trillion in last decade.

A large portion of our recent recovery has come from debt fueled consumption.  The bailouts have been favorable to financial institutions but access to debt for American families has been in segments that are counterproductive to wealth accumulation.  There is no benefit in having access to cheap loans for purchasing a car, an “asset” that […]

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Apr 20 2015

Student debt now makes up nearly half of federally owned financial assets. The student debt bubble edges on with many more unable to pay their debt.

The student debt epidemic is spiraling out of control and the public is becoming more aware of the situation.  $1.3 trillion in student debt is now outstanding.  This is already a problem with nearly one out of three loans in repayment already in some form of delinquency.  Clearly if you are not paying back an […]

Apr 16 2015

1 out of 4 college adjunct faculty collecting government assistance: Students in debt and professors barely getting by all the while tuition soars.

The student debt crisis continues to move across the nation’s landscape like an unrelenting storm.  The stories of economic pain are growing involving students but what about adjunct professors?  For those of you that are unfamiliar, adjunct professors are like contract teachers at many colleges.  Many carry a heavy teaching load but receive very little […]

Mar 28 2015

Largest for-profit sees half of its students vanish in last five years: For-profits under fire as value comes into question.

Many prospective students are starting to become savvier when it comes to looking at colleges.  For-profit colleges largely rely on federal funding and market to lower income Americans.  There is little oversight for the colleges in producing any sort of measurable result.  Many students are simply saddled with massive debt and a degree that has […]

Jan 24 2015

Profits of doom: For-profit colleges are the resurrection of subprime mortgage lenders for the college industry.

At a time when the cost of a college education is being thoroughly questioned, there is one area we should all agree on.  For-profit colleges are largely a distraction to fixing our higher education system and operate as the subprime lenders in college education.  For-profit colleges claim they are trying to provide an education to […]

Nov 17 2014

The mega inflation in college tuition: Since 1985 college tuition costs have soared by 538 percent. No surprise that total student debt is now over $1.22 trillion.

There was a time when college tuition was reasonably priced in the United States. In fact, college was downright cheap. These were the days when people worked a few hours a week at minimum wage jobs and were able to pay off their tuition on a semester basis. Too bad most of the new jobs […]

Oct 29 2014

Is going to college worth it? College tuition has increased at a faster rate than housing, energy, food, and medical care costs over the last decade.

For an entire generation it was an easy question to answer.  Is college worth it?  Absolutely.  There was little debate regarding the “worth” of a college education.  Of course this question was usually asked during more affordable times and not when $1.2 trillion in student debt was out sloshing about in the economy.  I think […]

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