Just like the housing bubble, the education bubble was fueled with easy credit. The cost of education skyrocketed, and students didn't care because they could pay for it later.
Just as with the housing bubble, consumers are now realizing they overpaid. Unlike a house, though, when you're underwater on your education, you can't walk away. Student loan laws make borrowers debt slaves forever, with the debt immune from discharge even in bankruptcy.
If you really want an education, save some money, get a scholarship, go to state school, or rob a bank. Just say no to student loan debt slavery.
Body Count goes to Vegas! Ernest Scherer III was a Vegas loser who fancied himself a professional poker player. Doesn't that photo t...
UPDATE: Edited to remove the guy's name. I hope nobody harasses him or his employer. He was good-natured and his sign was innocuous a...
I talk a lot about inflation. But today was the first time in my life I actually used a dollar bill as toilet paper.