Oct 15 2016

The Millennial Conundrum: Millennials are bogged down by massive student debt and confiscatory housing prices.

Millennials are a critical group in terms of where the economy goes in the next few years.  The economy largely relies on younger people to spend and purchase consumption items.  Think of a young couple buying their first home.  That in itself is a big purchase.  Then comes big ticket items like refrigerators, a family […]

May 27 2016

Class of Underemployed: Nearly 50 percent of recent college graduates are working in jobs where no college degree is required.

We don’t send our young into the wilderness for a vision quest as a rite of passage.  There are few things in modern society that signify a transition into adulthood.  Going to college is one of them.  And in debt addicted America, it is no surprise that for many, college debt is the first debt […]

Apr 10 2016

The education and employment myth: Almost two-thirds of people in the labor force do not have a college degree.

There is an ongoing perception that most of the workforce has a college degree.  When we say college degree we mean at a minimum a bachelor’s degree.  You would think that with $1.3 trillion in student debt outstanding a good portion of the work force would be college educated.  The opposite is the truth however.  […]

Nov 22 2015

The young carry the weight of student debt: Of the more than $1.3 trillion in student debt outstanding over 66 percent is carried by those 39 and younger.

The compounding problems with student debt are getting louder as each year passes by.  Student debt outstanding is now at a whopping $1.3 trillion and most of this is being carried by young Americans.  While college costs have soared for most many recent college graduates are working in jobs were wages are low.  This has […]

Oct 16 2015

The two trillion dollar towers of student and auto debt: As Americans are unable to afford homes, many go deep into debt to finance their education and cars.

As Americans continue to see their income lag inflation, many are unable to purchase homes in a market driven by hot money and a crowding out effect brought on by investors.  But people want to spend money, even money they don’t have.  So instead of buying homes, Americans have been on a car buying spree […]

Sep 3 2015

A closer look at the cost of living between 2000 and 2015: Looking at tuition at USC and the typical priced US home.

  We keep hearing that the Fed is tepid about raising interest rates because there is no sign of inflation.  In fact, they assume that wages are keeping up for most families and that is not true.  Inflation is running rampant.  You don’t need giant price increases to disrupt lifestyles when many of the new […]

Aug 25 2015

7 million college debtors have yet to make a single student loan payment in last year. The college debt bubble grows.

The student debt problem continues to spiral out of control as millions of young Americans enter the workforce only to be greeted by low paying jobs and the monthly bill for their college experience.  For the most part studies show that college graduates do better than non-college graduates.  Yet these studies fail to take into […]

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