Why Did 17 Million Students Go to College?
Richard Vedder Chronicle Two sets of information were presented to me in the last 24 hours that have dramatically reinforced my feeling that diminishing returns…
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Drowning in Debt: US students hopeless to pay off education
Interbank tension surfaces as global worries weigh
* Bank borrowing from ECB increases, average maturity up * Widening gap between overnight and 3-month rates * Swap rates tumble as longer-dated bonds markets…
Local Governments Fall Victim to ‘Exotic Deals’ by Banks
Exotic Deals Put Denver Schools Deeper in Debt Gretchen Morgenson NY Times In the spring of 2008, the Denver public school system needed to plug…
Seven Reasons NOT to Send Your Kids to College
James Altucher Daily Finance Imagine a retirement where you could have an extra $1 million to $3 million in the bank with basically no effort….
Goldman Sachs, Citigroup Sued Over Subprime Loans
William McQuillan Bloomberg Goldman Sachs Group Inc., Citigroup Inc., Morgan Stanley and dozens more bank and brokerages were sued by a Boston area-based fund seeking…
Is a College Degree Still Worth it?
As U.S. employment patterns evolve, a diploma is no longer a guarantee of a better job and higher pay. Don Lee Los Angeles Times As…