The Coming Meltdown in College Education & Why The Economy Won’t Get Better Any Time Soon

“Now when you leave school you move back home. You take public transportation or borrow your parents car. The only thing new you buy is the cheap work outfit you need. Savings ? Forgettaboutit. It’s not happening. Your entire focus is on hitting your monthly nut for school debt , credit card and maybe a car or apartment. The crush of college debt has taken an entire generation of graduates, current and future out of the economy. Which is exactly why the economy hasn’t grown and won’t grow beyond microscopic growth rates we have seen so far.”

tags: education

The Coming Meltdown in College Education & Why The Economy Won’t Get Better Any Time Soon