You Will Own Nothing

by Carol Roth

Becoming well educated is something anyone with discipline and a web connection can do.

many college grads aren’t finding jobs and earning wages that help society any more than if they didn’t attend at all—and

While the cost of a four-year degree exploded to $104,480, real median wages only went from $54,042 to $59,039 between 1989 and 2016.”13

you should never invest six figures to get a five-figure job.

The government interference with and nationalization of most of the college loan industry has produced dire consequences that have led to the wealth suppression of young people, the opposite of what getting an advanced degree should do.

Colleges and universities, particularly at the elite end of the spectrum, are stockpiling cash and generating wealth, while the cost of school is causing young people to forgo wealth creation.

Colleges need to either be part of the underwriting process and hold a piece of the loan or be allowed to be sued if graduates aren’t able to use their degrees to better their professional outcomes.

We hang the petty thieves and appoint the great ones to public office. —Aesop

The government doesn’t produce anything productive, so they must take it directly from you, reduce benefits (which is politically unpopular and often impacts their power grab), or finance it on your behalf

Almost everything that the government and its cronies touch is underfunded and a future liability. They know this, and it is driving much of the new financial world order behaviors.

while money doesn’t buy happiness, it is more comfortable to cry in a Mercedes than on a bicycle.