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 […]

Apr 25 2012

The young and the jobless – Half of bachelor’s degree-holders under the age of 25 are unemployed or underemployed, in the US. Social Security short fall highlights deeper reality of economy.

The news for young Americans doesn’t seem to be getting any better.  Earlier this week it was announced that Social Security will be running out of funds by 2033, three years earlier than expected.  What this means if nothing is changed is that future retirees will receive only 75 percent of expected payouts.  Not a […]

Apr 22 2012

The big swindle and a fog of debt – hiding the unemployed in the higher education bubble and three years of economic recovery equates to 11.5 million more Americans on food stamps.

A large part of our recovery is running on public relations trickery and smoke and mirrors debt machinery.  Let me explain what I mean by this since on the surface we have been out of a recession since the summer of 2009.  Government debt is soaring and public debt in certain sectors is flying off […]

Apr 12 2012

Educating students to debt – Student loan debt now second largest sector of household debt approaching $1 trillion. 14 percent of consumers have one account in collections.

College debt is fueling the out of control higher education bubble.  The Federal Reserve tracks most household debt sectors very carefully including mortgage debt, auto debt, and credit card debt.  You would think that they would follow student loan debt carefully.  That was not the case until recently.  More disturbing however is that student debt […]

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