By J. Kyle deVries The coronavirus is negatively impacting the economy and will leave lots of damage in its wake. Most of us in the private sector are feeling pain that will only be exacerbated in the future. The recession-to-come will cause a major restructuring of our economy with many businesses going bankrupt and workers left unemployed. Our government should feel the … [Read more...] about Government Should Not Be Spared from the Austerity It Is Inflicting on Society
Debt
Dear Gen Z: Learn from Millennial Mistakes and Say No to Student Loan Debt
By Brittany Hunter Gen Z is growing up fast. With the older end of the “Zoomer” generation now in their early- to mid-twenties, many are finishing their undergraduate degrees and moving on to grad programs before trying their luck in the workforce. Others are just beginning their college careers. According to the Pew Research Center, the post-millennial generation is on … [Read more...] about Dear Gen Z: Learn from Millennial Mistakes and Say No to Student Loan Debt
Amazing DIY Shipping Container Home For Debt-Free Living
By Living Big in a Tiny Home This amazing shipping container home is guaranteed to impress. Constructed from one 20ft and one 40ft shipping container, this compact container home has it all. Built entirely as a DIY project, this home is filled with some amazing features. Jaimie and Dave constructed their home to be beautiful, artistic and have everything the couple need, … [Read more...] about Amazing DIY Shipping Container Home For Debt-Free Living
The US Is Burying Young People and the Unborn Under a Mountain of Government Debt
By Jason O'Day In 2018, the federal government paid $357.3 billion in interest on the nation’s fiscal operating debt—$61 billion more than the previous year. That is more than seven times what it spent on education and enough to build 27 aircraft carriers. The combined interest payments of the four years from 2015 through 2018 total $1.2 trillion. That figure exceeds each of … [Read more...] about The US Is Burying Young People and the Unborn Under a Mountain of Government Debt
What Student Loans and Health Care Have in Common
By Nicholas C. Anderson What is the governing dynamic causing both student loans and healthcare burdens to run away from us? As a health economist, I spend my days working with incredibly innovative medical device and biotechnology companies who are commercializing into the healthcare space. By consequence, I’m obligated and prone to think about the financial and economic … [Read more...] about What Student Loans and Health Care Have in Common
I Immigrated to the US to Pursue the American Dream, Not to Pay for Your College Degree
By Jen Sidorova Candidates were back at it last week, competing to see who could present the best student loan forgiveness plan. Sure, that might appeal to some of the party's base and America’s cash-strapped millennials. But for roughly 46 million immigrants like me, the idea that the government should forgive student loans is totally unfair. After all, when we came here, … [Read more...] about I Immigrated to the US to Pursue the American Dream, Not to Pay for Your College Degree
Think for Yourself and Question the Benefits of Higher Education
By Logan Smith Graduation season has once again concluded, and 1.9 million Americans have left college behind and graduated with a bachelor's degree. The social and cultural pressures to attend college are high, and the financial expense to do so is just as acute. Major presidential candidates gin up their base by empathetically promising to absolve the self-inflicted … [Read more...] about Think for Yourself and Question the Benefits of Higher Education
Debt, Deficits and the Cost of Free Lunches
By Richard M. Ebeling It seems that every generation or two, fundamental economic ideas are questioned and challenged. The reasonable and important idea that governments should balance their budgets on an annual basis was challenged in the 1930s by the rise of Keynesian Economics and the counter-argument that deficit spending was desirable, if it was used to maintain full … [Read more...] about Debt, Deficits and the Cost of Free Lunches