Earn What You Spend

Archive for the ‘education’ tag

Learning, leverage, and the coming change in education

Institutions of learning are going to be dramatically changed in the coming years.
Rolfe Winkler is an astute blogger, and he (along with many others) sees a parallel in the markets for housing and higher education.  We have students (homeowners) purchasing an education (housing) at ever increasing prices using vast amounts of leverage.  That didn’t end [...]

Written by William

September 7th, 2009 at 2:39 pm

Posted in Economy, education

Tagged with

A Liberal Arts Education

Bennington College president Liz Coleman gave my favorite talk from this past year’s TED.  Her call to action: we need to reinvigorate the liberal arts education.  There is a trend that says a deep specialization in a single subject is the best way to learn.  However, without a broad and fundamental understanding of the world around us, [...]

Written by William

June 14th, 2009 at 10:21 am

Posted in education

Tagged with

The Burden of College Debt

Leverage is a dangerous game - it magnifies both returns and losses - but a historically safe bet has been education.  Not only do I (strongly) believe in the intrinsic value of education, there is little doubt a college education substantially raises your future earnings.  Just look at unemployment rates for confirmation: those with a bachelor’s degree or [...]

Written by William

April 19th, 2009 at 6:28 pm

Posted in debt, education

Tagged with ,

Graduate School - is the leverage worth it?

The economy shed nearly 700,000 jobs in February, according to ADP, and although these numbers aren’t the official tally, it’s hard to read anything positive here.  What are the previously employed doing?  Jobs, especially in certain sectors, are harder than ever to come by, so a number are turning to graduate school to ride out [...]

Written by William

March 4th, 2009 at 11:11 am

Posted in education

Tagged with , ,

Financial Advisors, For Everyone

The impetus for me to write about finance was simple -our society has a clear lack of basic financial literacy.  I want to do something to address this, and the first step in doing so is for me to flesh out my philosophy and understanding of the situation by blogging.  Then, I believe, I will [...]

Written by William

January 19th, 2009 at 10:35 am

Posted in debt, education

Tagged with

Affordable Education

I’ve written about education before (as a recession hedge) - and a recent NYTimes article brings me back to the subject. 
Education is a ‘creeping’ crisis - it unfolds slowly enough where we don’t immediately see the devastation.  It takes years to begin to understand the effects of new policies, programs, and initiatives.
Higher education is increasingly unaffordable, which has [...]

Written by William

December 4th, 2008 at 12:59 pm

Posted in Economy

Tagged with