Mar 22 2012

A costly lesson in student debt for young Americans – 34 percent of all student debt saddled to those under the age of 30. 47 percent of student loan borrowers appear to be in deferral or forbearance.

The student loan market has expanded like a financial virus in the last decade.  Even during the financial meltdown where credit was being restricted across all sectors of the economy, student debt kept on growing at a feverish pitch.  It would be one thing if the quality of education had increased or wages were going […]

Mar 19 2012

Little Known Ways the Federal Reserve Punishes American Savers and Supports Conspicuous Consumption.

The Federal Reserve is one of the most mysterious organizations in the world.  What they don’t hold back on however is their intentions for the American saver.  They are one of the biggest key players in the financial bailouts yet very little is ever discussed about this organization on national or even cable television.  The […]

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 25 2012

The great deleveraging event – household debt has fallen 4 percent since recession hit. Household debt has fallen dramatically from the peak when household debt aligned itself with annual GDP.

The debt bubble bursting has jammed the bottom line of American households.  Debt and money are synonymous for many households in our current economy.  The ability to spend, or buying capacity, is looked at in the same light as savings from many in the financial sector.  This is why data recently released shows the balance […]

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 […]

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