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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club

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To: marc ultra who wrote (7919)	8/20/1999 9:17:00 AM
From: Carl R.	of 15132

It is curious that college admissions would be at a record high since college age persons are at a low right now. Note that over the next 10 year the size of high school graduating classes will increase dramatically, (>70% in Nevada according to the article). One interpretations would be that due to the affluence in society a far greater percentage of kids today will get a college education than at any point in history. A cynic would say that it means that colleges simply expand every year regardless of the number of eligible students and lower their admission standards to fill classes when necessary. As for the implications of this either short or long term, and how it would affect Harry Dent's forecast of a boom for another 10 years followed by a long depression, I have no idea. I presume it wouldn't change it at all. Perhaps he would argue that, because a larger percentage of students were entering the work force at an older age, the flow of people into the work force would be even smaller than previously predicted, and therefore by his logic, inflation would be even less likely. Carl

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