Education

At last some college students are catching on to the scam of the century: the ‘education industrial complex’ that keeps driving the price of an education up while offering less and less in return. Average income is now five times what it was 40 years ago, while the price of a college education has increased 18 times in the same period. Yet the average college degree has never been more useless, preparing the graduate for nothing. Unless you are doing a targeted degree for a specific ‘real’ career, then you are being conned.

Submitted by Lance Schuttler via TheMindUnleashed.com,

Billy Williams just finished his first college semester and did so with the all-impressive 4.0 GPA. Instead of celebrating his accomplishments with friends and family, he decided to drop out of college entirely.

Billy made a facebook post that is now going viral in which he explains his reasoning for dropping out:

Janet Yellen will deliver a keynote address during the University of Baltimore commencement ceremony this afternoon (when she will receive am honorary Doctor of Laws degree). The speech is expected to focus on the state of the jobs market and traders are watching for any hints on the Fed's direction heading into 2017.

Before she starts, with 3 hikes expected next year, here is the Fed Funds futures implications currently...

Headlines from her speech:

Princeton University has officially become the 3rd Ivy League School, joining Harvard and Columbia, to cancel a team's sports season after the discovery of what university officials called "vulgar, offensive, misogynistic and racist” emails on a team listserv.  The Daily Princetonian reported that the men's swimming and diving team had be suspended for the remainder of the season after the alleged "offensive" messages prompted an official complaint to be filed by an anonymous source.