Tuesday, July 18, 2017

The World In Pictures {07.18.17}

We had some problems publishing last week but now we're back in the saddle.  We've discussed in the past the issue of student loans today and tomorrow I'm going to present two opposing views of the issue.  On one side there is this.....


Above is the argument that student loan debt is manageable.   66% of student loan debt is in the $25-$30,000 range, about the same amount somebody might pay for a mid-level car.   The larger amounts of debt, for the most part, belongs to students going on for graduate degrees.  This of course makes sense.  Somebody studying to be a doctor is likely taking on more debt with the hope that the advanced degree leads to a higher earnings stream later in life.  


We'll take a look at the more negative aspects of this tomorrow.