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Starting life in the negative net worth column.


By usmb3   Follow   Fri, 22 Jun 2012, 10:12am   457 views   2 comments
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http://www.mybudget360.com/negative-net-worth-column-what-the-fed-does-not-want-you-to-know-federal-reserve/

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  1. FortWayne


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    1   8:04am Mon 25 Jun 2012   Share   Quote   Permalink   Like (1)   Dislike  

    "From 2000 onward the cost of college tuition and fees has basically disconnected from any underlying sensible metric."

    For that you can blame government teachers unions. Someone has to pay for all those escalating fantasy land pension benefits, and it will be our children.

  2. APOCALYPSEFUCK is Shostakovich


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    2   8:15am Mon 25 Jun 2012   Share   Quote   Permalink   Like (2)   Dislike   Protected  

    Not in the university system.

    The biggest new cohort I see in - private and public - colleges and universities is fucking MBAs and they are toxic, expensive, clueless pieces of shit who have no business in education.

    MBAs who've gotten management or development positions at universities have invariably fucked things up, basically by having no idea how the things actually work and no understanding a lot of the research money that was flowing fast 20 years ago and built a lot of lab space is drying up fast.

    Universities are different - that's why they were founded overwhelmingly by churches in the early days of the US as not for profit institutions.

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