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Most Recent Posts

Student Loan Crisis – New York Times Catching Up With My Guest Posters

Student Loan Crisis – New York Times Catching Up With My Guest Posters

There is one way in which economists might be right – if wages began to soar.  Like the housing bubble, Americans felt the mess because the decline in housing prices meant that debt was owed on something that had little value.  If education continues to rise, while wages stagnate or slowly rise, a college degree will be like a home, which has lost its value.  If wages soar, however, a college degree will still mean the path to prosperity.

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