Posted inCounting the Cost

For-profit colleges: Buyer beware

According to the National Center for Educational Statistics, about 1.7 million people will receive their Bachelor’s degrees, and another nearly 750,000 will receive associate’s degrees this May and June. The numbers have been rising over the past 10 years, with 22 percent more receiving bachelor’s degrees (the growth in women’s degrees is faster than that of men), and 12 percent more associate’s degrees (again, with the degrees awarded to women growing faster than those awarded to men).

Posted inCounting the Cost

Economic Recovery? Ask the Fed

Has the Great Recession ended with our economy returning to normal? That may be “conventional wisdom,” or the word we get from those who think that there is no more intervention needed to stimulate the economy. President Barack Obama has bragging rights on the reduction of unemployment rates and the fact that economic growth is robust. Citing these improvements, our Republican Congress wants to continue to tighten the federal budget belt. Despite this, the Federal Reserve Bank’s Open Market Committee says that there is too much slack in the labor market, and that unemployment rates could be lower than they are now.

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