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 […]

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 […]

Jan 29 2013

Inflation unchained: US dollar down 23 percent from 2000, Tuition up 72 percent, and home values up 44 percent. Incomes adjusting for inflation are back to 1990s levels.

It is hard to believe that people in the US are still denying the obvious impact of inflation.  The slow erosion of purchasing power has occurred for many decades now.  What people tend to forget in a completely fiat based system is that the Fed can print as much money as it likes.  And they […]

Jan 19 2013

Income Based Repayment plan cementing inflated higher education costs for graduate school: How new IBR Pay as you Earn plan will be a big win for graduate students and keep college costs high. Student debt to hit $1.8 trillion in 2020.

It is interesting that the two segments in our economy mired in debt, housing and higher education, were largely inflated courtesy of easy access to debt.  New rules on how students pay back their student debt including the Income Based Repayment plan ironically will keep prices inflated.  The new program dubbed “Pay as you Earn” […]

Nov 25 2012

Is College Worth the Price and Debt? Private student loans make up $150 billion of the $1 trillion in outstanding student debt. Private student loans grow hand and hand with for-profit institution growth.

Few will ever argue that getting an education is a worthy goal.  College is seen as the gateway to a better life and mobility into the middle class.  The middle class has been shrinking while the cost of attending college has skyrocketed.  The cost to attend college has far outstripped any sensible economic measure and […]

Jul 13 2012

The looming student loan bubble – Almost half of all student borrowers were not making payments. 1 out of 4 in debt repayment past due on student debt.

The aggressive growth in student debt is setting the country up for another debt fueled bubble.  Higher education costs have expanded so quickly that Americans now carry $1 trillion of student debt.  Most of this expansion has occurred in a time when the return-on-investment for a college degree has fallen.  Over the last ten years […]

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