May 24 2012

Educated and unemployed – majority of unemployed Americans attended some college. Top degrees in fields with little employment demand.

The higher education bubble is racing along to a tipping point especially when the value of a college education is now being questioned on multiple fronts.  One of the more prominent arguments being thrown around is the return on investment or value of a college degree especially when the costs of attending a private institution […]

May 8 2012

How to bankrupt a generation of young Americans in four steps – young Americans living at home surges by 50 percent from 2005.

The viable pathway for success for many young Americans seems to have gotten very narrow in the last decade.  The opportunities for many young workers have become mired with an economy that is largely in a deep recession with limited quality positions.  Many are saddled with debt and taking on employment positions that may not […]

Apr 25 2012

The young and the jobless – Half of bachelor’s degree-holders under the age of 25 are unemployed or underemployed, in the US. Social Security short fall highlights deeper reality of economy.

The news for young Americans doesn’t seem to be getting any better.  Earlier this week it was announced that Social Security will be running out of funds by 2033, three years earlier than expected.  What this means if nothing is changed is that future retirees will receive only 75 percent of expected payouts.  Not a […]

Apr 12 2012

Educating students to debt – Student loan debt now second largest sector of household debt approaching $1 trillion. 14 percent of consumers have one account in collections.

College debt is fueling the out of control higher education bubble.  The Federal Reserve tracks most household debt sectors very carefully including mortgage debt, auto debt, and credit card debt.  You would think that they would follow student loan debt carefully.  That was not the case until recently.  More disturbing however is that student debt […]

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 […]

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