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America is renowned as the land of opportunity. A big part of what’s often been called “the American Dream” has been home ownership. Traditionally that meant working hard and putting away savings for a number of years until you had enough to afford a down payment. I bet that’s how many of your...

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Regular readers of this blog know that a subject I hammer on repeatedly is the high cost of college and the dubious return on investment that brings for many college graduates – even worse for college dropouts. If you’re in the mood for a review, check out this blog from last August.  Bringing me...

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My past five blogs have explained why I think college is not a good idea for many of you reading this. A short summary of those reasons are: 1. The market for college graduates is saturated. 2. Grade inflation has diminished the quality of a college degree. 3. College education has morphed into indoctrination....

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This reason escapes a lot of peoples’ notice. Most folks make a distinction between college and vocational education. They think of them as separate entities, i.e., higher education versus learning a trade. Even worse is the widespread conviction among the general public and high school advisory counselors...

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In my last blog, I identified grade inflation as Reason #2 why a college degree doesn’t mean what it used to. I explained that grade inflation started with the anti-Vietnam War movement of the 1960s, when college students were exempt from the military draft and sympathetic professors inflated grades...

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A college degree doesn’t mean what it used to. In my last blog I explained that one reason is because so many people have college degrees nowadays (33% of American adults, vs. just 5% in 1940). As a result, some 37% of recent college graduates are working in jobs that don’t require a college degree....

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Do you love your Mom and Dad? There are exceptions, but I suspect most people reading this would answer yes. If you do, do them a favor. Don’t put them in such a hole supporting your college education that they have to struggle in retirement. Unfortunately, millions of America parents are facing a...

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January 10, 2017 But vocational enrollments are up. Regular readers of this blog know that a consistent theme to my articles has to do with the fact that vocational education in a skilled trade is a worthwhile alternative to college for mechanically minded individuals. That message seems to be getting...

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July 12, 2016 Student debt can stay with you forever It was chilling to read a recent Wall Street Journal article detailing what can only be called a crisis with student debt, most of which is owed by college graduates or, worse, college dropouts. The article (subscription required) said that 43% of...

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