|5 years ago :: Nov 06, 2011 - 5:37PM #1|
There is no question, and will totally shock you if you area true progressive, but the worst inflation issue in the US is education.
Tuition and fees at colleges and universities rose 439 percent between 1982 and 2007. Median family income rose just 147 percent during that period.
Median household income has fallen 6.7 percent since June 2009. The cost of attending the average public university rose 5.4 percent this year.
Student loan debt recently passed $1 trillion. It's now more than credit card debt. The average graduate of a four-year college owes $27,000.
It's bad enough; the president's loan initiative will make it that much worse
Any man can count the seeds in an apple....
.......but only God can count the apples in the seeds.