Yeah, we all saw the movie, The Big Short. The greed of Wall Street sets our teeth on edge. Two small facts were left out of the movie. First, without Freddie, Fannie, and the FHA, none of those questionable mortgages would have been made by the banks to begin with. Second, beginning with Bill Clinton, Read the full article…
One segment of our country has been totally unaffected by the recession, or recessions, of the past 3 years. Colleges and universities keep raising tuition, hiring employees, getting private donations, and keep tenured professors whose classes are taught by assistants while they consult or write books or travel. From the academic year 2005 to the Read the full article…
It appears that college tuition is insulated from the general economy. Recession proof. Enrollments are going down, state support for state colleges and universities are being cut, yet the cost of attending college goes up. How does this work? More students are borrowing money to pay higher tuition’s. In the 2008-2009 academic year loans grew Read the full article…
