How to bankrupt a generation of young Americans in four steps – young...
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...
View ArticleEducated and unemployed – majority of unemployed Americans attended some...
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...
View ArticleThe broken tassel of American higher education – College debt defaults bring...
As hundreds of thousands of young American enter the employment market with newly minted degrees, the clock begins to tick on those heavy student loans. The majority of student loans do not enter...
View ArticleThe looming student loan bubble – Almost half of all student borrowers were...
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....
View ArticleStudent debt crisis enters a tipping point – Delinquent student debt now...
The great deleveraging event continues to unwind while one sector of debt continues to grow by leaps and bounds. While other forms of debt have fallen by $1.6 trillion since the peak of the debt...
View ArticleThe sound of rumbling from the student debt bubble – Jump in consumer credit...
The flashing alert signs permeating from the higher education bubble should give people pause to the next flavor of the day bubble. This month information was released regarding consumer credit...
View ArticleIs College Worth the Price and Debt? Private student loans make up $150...
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...
View ArticleThe most educated and indebted generation ever – Average student debt has...
Most have very fond memories of their college going years. Going off to college is one of the few rites of passage that we have in the United States ushering future generations into official...
View ArticleIncome Based Repayment plan cementing inflated higher education costs for...
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...
View ArticleYoung riding out recession by going into debt for college: Millennial...
As the animal spirits of the economy rage wild, there are still difficult challenges ahead for younger Americans. While the stock market is up highlighting corporate euphoria, many companies are...
View ArticleThe higher education racket gets long in the tooth: For-profits account for...
Bubbles do not burst in a nice orderly fashion. In fact, incredible graft enters the system where it becomes obvious to any bystander that the bubble is going to burst. This is the case for higher...
View ArticleThe young, educated, and massively in debt college generation: Total student...
It is interesting to hear older politicians take the podium and wax and wane poetically how young Americans are not working hard enough or need to take responsibility for their actions in the current...
View ArticleThe facts behind the mountain of student debt: 13 percent of students owe...
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...
View ArticleThe most delinquent loan of them all: Student debt delinquencies at record...
If the news for college graduates couldn’t get any better. Our woefully motivated millionaire Congress is unable to figure out what is necessary to stop the doubling of interest rates on student...
View ArticleArrested development courtesy of student debt: How student debt is putting...
Many young Americans view student debt as a necessary evil in pursuing higher education. The level of student debt now reaches Himalayan levels as many are falling behind on keeping up with payments....
View ArticleLine up and prepare for the next bailout in student debt: Student loan debt...
The nation is fully engulfed in a student debt bubble. The problems with student debt are numerous yet this unrelenting bubble is allowed to grow like weeds in a garden. Going back to 2000 total...
View ArticleThe day of reckoning for student debt has arrived and the bubble begins to...
The student debt bubble begins its inevitable decline from unparalleled heights. This week too big to fail bank JP Morgan issued a memorandum that it is exiting the student loan business. What is...
View ArticleDebt serfdom via student loans: A new class of indentured servants now carry...
$1.1 trillion. That is the amount of student debt being carried on the backs of millions of Americans. Student debt has become a rite of passage for many young Americans. In fact, many Americans...
View ArticleThe frightening lack of accounting transparency in the student loan market:...
You see what you want to see. This is the current state of the financial markets. When a handful of observers were warning the Fed and multiple government agencies about the subprime crisis floating...
View ArticleIs college worth the debt? The cost of one year of college is higher than the...
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...
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