Wednesday, January 12, 2011

College Inflation

From the website found on this link you'll see that The National Inflation Association believes that the United States has a college education bubble that is set to burst beginning in mid-2011. This bursting bubble will have effects that are even more far-reaching than the bursting of the Real Estate bubble in 2006. College education could supposadely become the largest scam in U.S. history.  NIA’s advice to the youth of America is to start saving and thinking for themselves.  This is in hopes of less teenagers being sucked into the overpaying as a result of college loans.  Annual tuition for a private four-year college in America is now $27,293, up 29% from five years ago. And with the unemployment rate decreasing things aren't looking too good for college students in the future.

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