About 70% of college students – equal to about 44 million Americans - owe a collective $1.4 trillion in student debt. And while the standard repayment plan for federal loans suggests that they should take no more than 10 years to pay back, in reality, it regularly takes twice that long.
Authored by Daniel Ameduri via FutureMoneyTrends.com,
As I sat down to enjoy some smoked salmon at a recent BBQ I attended, I ended up at a table with two recent high school graduates.
To my disappointment, when I asked them what their plans were for the summer and beyond, both said they were heading to college.
With student loans and a wasteful four years in front of them, I couldn’t help but ask why.
Is there really anything that takes 4 to 8 years to learn or become an expert in?
Americans who are hoping to avoid the shackles of student debt and proceed straight from high school into the workforce have more options for well-paid gainful employment than they might think. Even as the ROI on college degrees continues to decline, employers in certain blue-collar industries are struggling to fill management jobs that pay as much, or more, than jobs that require a college degree.
Authored by Murray Rothbard via The Mises Institute,
The key issue in the entire discussion is simply this: shall the parent or the State be the overseer of the child?
Essex County College in New Jersey has fired adjunct professor Lisa Durden after she made racially insensitive remarks during an interview with Tucker Carlson on Fox News two weeks ago, according to the Associated Press. College officials said they received complaints about Durden’s interview, with some university constituents upset about statements that were disparaging to white people. During the interview, Durden, who is black, discussed a Memorial Day event held exclusively for black people hosted by a Black Lives Matter group.