Tuesday, July 24, 2012

Student Loan BBLE


Somethign I've been preaching about for a while but haven't necessarilly written about is what will likely be known eventually as the student loan bubble.  The overextension of credit in this area of the market is beyond make beleive.  As legislation continues to roll through congress pertaining to helping students fund education and forgive student loan debt, it seems clear that the end is near.  Universitys with state funding may take a hit, but the real losers in this equation are private universities.  To be more clear, you may be a university that's about to fail if you fit the following criteria.....

1.  The cost of attendence is on par with most public universities.
2.  Admission standards are relatively low
3.  You offer online degrees
4.  You do not have a med school or engineering department.
5.  You recieve no community or state funding

The best way to make money today

Is to listen to mainstream economists and brokers tell you what to do, and then do the opposite