Showing posts with label American Institute for Economic Advancement. Show all posts
Showing posts with label American Institute for Economic Advancement. Show all posts

Friday, August 28, 2009

How Much Will You Owe On Your Future?

Do you buy into the rhetoric that you will make X # dollars more over a lifetime with a college degree? Is that really true today? Maybe it was ten, twenty or thirty years ago, but perhaps that is changing. As a larger percentage of the population obtains four-year degrees, basic economics dictates downward pressure on wages. At the same time, the American Institute for Economic Advancement calculates that college tuition and fees have risen 248.4% since 1990 (from their 2009 Cost-of-Living Guide, which tracks the purchasing power of the dollar).

Some talented filmmakers are documenting the effects of student loan debt, and they deserve support to complete their movie, Default: The Student Loan Documentary. Check it out at http://www.defaultmovie.com/