May 17 2013

The facts behind the mountain of student debt: 13 percent of students owe more than $50,000 and nearly 4 percent owe more than $100,000. Student debt grew by 284 percent from 2004 to 2013.

Many Americans view a college education as a way to build a better life.  College is seen as an avenue for better prosperity and the ability to pull yourself up beyond your current circumstances.  In fact, after World War II programs like the G.I. Bill allowed many Americans the opportunity to pursue a college degree.  […]

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 […]

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.  […]

Jul 21 2011

The four horsemen of the middle class apocalypse – what does it say that we as a nation bailed out the financially wealthy too big to fail banks yet failed to bail out the middle class?

What made the U.S. the envy of the world was the belief that if you worked hard enough and had the right kind of grit and intelligence that you would be able to enjoy the fruits of your labor.  This is what built the solid middle class after World War II.  The majority of people […]

Jun 6 2011

Serfdom via student loans – Lenders going after Social Security and saddling college graduates with a debt albatross. Modern day debtor’s prison comes with a University degree.

The sharp attention being pointed toward higher education is important for a variety of reasons including the grim reality that we are facing another extraordinary bubble.  Instead of blindly following into another credit fueled bubble we should probably pause as we cross the $1 trillion student loan threshold.  The cost of education is becoming onerous […]

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