Student-Loan Surge Undercuts Millennials’ Place in U.S. Economy – David Wilson

Surging student-loan debt represents a key risk to the economy’s expansion because wage gains are failing to keep up, according to Beth Ann Bovino, U.S. chief economist at Standard & Poor’s. As the attached chart illustrates, the dollar amount of borrowing has increased in each quarter since 2003, when data compiled by the Federal Reserve Bank of New York begins. …

Signs That The Elite Are Feverishly Preparing For Something BIG – Michael Snyder

What in the world are the elite up to? In recent days, we have learned that the New York Fed is moving a lot of operations to Chicago because of concerns about what a “natural disaster” could do, the federal government is buying 62 million rounds of ammunition commonly used in AR-15 semi-automatic rifles for “training” purposes, and NORAD is …

Why College Isn’t (and Shouldn’t Have to be) for Everyone

I know a high school senior who’s so worried about whether she’ll be accepted at the college of her choice she can’t sleep. The parent of another senior tells me he stands at the mailbox for an hour every day waiting for a hoped-for acceptance letter to arrive. Parents are also uptight. I’veheard of some who have stopped socializing with …

Four Reasons Young Americans Should Burn Their Student Loan Papers

‘Hell No, We Won’t Go’ — 1967 ‘No Way, We Won’t Pay’ — 2015 Fifty years ago students burned their draft cards to protest an immoral war against the people of Vietnam. Today it’s a different kind of war, immoral in another way, waged against young Americans of approximately the same age, and threatening them in a manner that endangers not their …