How Much is a College Degree Worth? The Value of College in a Pandemic and Crisis Filled Economy.
The pandemic has created some incredible rifts in our economy and society. Those with technical degrees working for companies like Amazon, Google, Facebook, or Microsoft are thriving in this socially distant economy. However the vast majority of the country does not have a college degree, let alone a degree that is technical to work in […]
Student debt hit a depressing amount now hovering at $1.5 trillion. Where do we go from here?
How much is a college education worth? This question seems to be growing in importance over the last decade as the cost of attending a university is getting out of reach for many. Going to college and getting an education seems to be part of the package deal when we think of the American Dream. […]
Student loan tsunami on the horizon:Â Of $847 billion in Direct Loan program, only $535 billion is actually being paid back at the moment.Â
The amount of student debt continues to grow like a skyscraper reaching for the clouds. There seems to be an unlimited amount of student debt that college students are willing to take. As of today, there is $1.44 trillion in student debt outstanding. But how much of this is being actively serviced? After all, if […]
Debt Apocalypse: US Student and Auto Loans Hit New Record of $2.6 Trillion.
American consumers are once again spending beyond their means. Just a few months ago there was a startling headline reporting that US consumers now had over $1 trillion in credit card debt outstanding. That seemed astonishing in itself but now looking at debt levels in other sectors we find that auto loans outstanding are also […]