Feb 23 2012

The compression of generations – 25 million adults live at home with parents because they’re unemployed or underemployed. The crushing cost of a college education today.

The thought of moving out on your own and making your individual way in the world is very much an American trait.  Certainly movies and television shows almost always assume every American has moved out on their own once adulthood is reached.  What this recession has taught us is never take anything for what is […]

Jan 31 2012

The law school bubble – At 50 law schools, 20% of the students are either unemployed, flunked out, or are unknown yet data does not show up in national rankings. Many more pass bar exam than actual job openings in legal field. Legal bubble is another tangent of the higher education bubble.

The higher education bubble has gotten a solid amount of press coverage in the last couple of years.  Even with student loan debt lurching towards the $1 trillion mark the higher education bubble train keeps moving along.  Part of this has to do with the odd financialization of higher education where things are so extreme […]

Jan 27 2012

The university of financialization – science and math graduates opt to go into the gambling fields of Wall Street banking instead of building productive jobs for society. Many non-tech majors choose lower paying fields while going into massive debt. Youth summer employment drops from 60 to 46 percent in last decade.

Going to college has always been a dream for many Americans.  Parents have high hopes for their children going to a good school and coming out with a degree that has made them more well rounded as citizens.  But this desire may not be coinciding with the marketing jargon that spews out from the industry.  […]

Jan 21 2012

The catastrophe of our economy for the young American worker. Average college debt higher than typical new automobile cost, annihilation of pensions, and younger Americans moving back home because of financial necessity.

The economy for young Americans might as well be in a parallel universe to the stock market run since early 2009.  Talks of recovery must fall on confused ears as many young college graduates compete for fewer jobs with higher amounts of student debt.  In the last decade college graduates have encountered the highest tuition […]

Jan 5 2012

Is college worth the money and debt? The cost of college has increased by 11x since 1980 while inflation overall has increased by 3x. Diluting education with for-profits. and saddling millions with debt.

Is a college degree worth it?  Since the debt bubble burst spectacularly in 2007 many more prospective students are questioning the worth of a college degree.  For so many decades it was simply taken at face value that getting a college degree, any college degree would be worth it.  Slowly this perception has morphed when […]

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