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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Glenn Petersen who wrote (77821)	8/15/2011 2:27:54 PM
From: elmatador	1 Recommendation Respond to of 218947

The young sense and absorb the changes fast. thttp://www.latimes.com/business/la-fi-youth-debt-20110814,0,3614698.story

To: Glenn Petersen who wrote (77821)	8/16/2011 3:34:10 AM
From: elmatador	2 Recommendations Respond to of 218947

Only 9.1% of people between the ages of 15 and 24 are unemployed here, less than half the 20.5 percent average in Europe. third lowest in Europe, behind only the Netherlands and Austria. nytimes.com These three countries must hold the secret to employ young people. Or they younger people are better in finding work. parents push them harder out to work, perhaps?

To: Glenn Petersen who wrote (77821)	8/18/2011 10:59:30 AM
From: elmatador	1 Recommendation Read Replies (2) \| Respond to of 218947

"student loans are up sharply"? Students are now more than $1 trillion in debt to their college educations, yet schools are encouraging the cycle. there's a huge industry out there, trying to beguile parents into clouding their offspring's future. Banks advise that borrowing is an excellent investment, since college graduates average lifetime earning $1 million more than their high school counterparts. (It's a projection based on a lot of rosy assumptions.) But the hard fact is that students are slated to repay all their loans soon after graduation, not exactly a high-income period. Not to mention veering away from jobs they may really want - like inner- city teaching or family practice medicine -- for others better suited to meet repayment schedules. There are other siren songs out there. A school's financial aid adviser isn't always a freshman's best friend. While seldom openly stated, their job is to supply the college with as many paying freshmen as possible. Budgets even at schools like Brown and Duke will only balance if over half of their students foot the full bill. Few colleges offer actual cash assistance - at best, like car dealers, they dangle discounts - so they steer less affluent students to loans. So-called aid officers do this for one reason: the money you borrow goes into the college's coffers. Paying it later will be your problem. The Debt Crisis at American Collegeshttp://www.theatlantic.com/business/archive/2011/08/the-debt-crisis-at-american-colleges/243777/