The Student Debt Bubble Implosion: $1.68 trillion in student loan debt and a big portion is not being paid while COVID-19 is only making it worse
Higher education has always held a space as a beacon of hope for our country. The great equalizer and a platform for hard working Americans to retool and come out with the skills necessary for the jobs of tomorrow. One of the big challenges being faced in higher education of course is the incredibly high […]
The Inflation Nightmare: How inflation is slowly consuming your income since 2000. The four horsemen of inflation include college tuition, medical care, housing, and stagnant wages.
Inflation has a slow destructive impact on your purchasing power. Most people don’t think twice about inflation. They just assume that the price of goods will go up because that is the way it has always been. Yet that is not true. The type of inflation we are seeing is debt supported inflation which has […]
Graduating with a Degree in Debt: The Average Student Debt Balance for Seniors is now $40,000.
The runaway cost to attend college just continues to sprint ahead. The average student loan balance for graduating seniors is now $40,000. This is astronomical considering the per capita wage of Americans is in the high $20,000 range. The math behind this astronomical debt is rather clear and simple to follow. Student debt is one […]
Roughly one third of college students spend their loans on spring break and partying.
There is a massive student loan epidemic in the United States. Over $1.4 trillion in student debt is floating around in our economy lingering like an albatross on the necks of many young students. While the idea of getting a college degree is more popular today than ever, it would seem like going to spring […]