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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: benwood who wrote (30429)	4/12/2005 8:28:41 PM
From: Bill/WA	Read Replies (2) of 110194

ben, <<What irks me is that the debt bubble has encouraged colleges to keep raising tuition because there is almost no limit in what parents will pay (for now...).>> I took a page out of my own "college" book (mostly screwing around), and applied it to my 2 daughters. I paid a portion of the cost but made them apply for every bit of financial aid they could get (in THEIR name). Proved to be a great incentive. Oldest graduated 4th in her class at the U of Florida & has a masters in speech pathology. The other got a degree in education with a minor in mathematics...now teaches high math in high school. Both have paid off their loans. Perhaps the time will come (again) as was years ago, when every student went into engineering which created an oversupply. Perhaps the time will come when a trade such as plumbing, electricians, etc. will come back into mode...to repair the homes of the Wall Street elite, CEO's, government employees (that will still have their jobs). In other words, the hardest jobs to be exported.<G> BTW, how's the Narrows Bridge coming along?

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