We’re officially in a recession, meaning GDP, or the total value of goods produced and services provided in the US during a single year has declined for two consecutive quarters. The world economy is expected to contract by 5.2% this year—the worst recession in 80 years—but the sheer number of countries suffering economic losses means the scale of the downturn…
Tag: Wall Street Journal
When will we go back to “normal”?
“When” is stumping even the best scientists and medical researchers. And, while historical virus outbreaks may offer precedent, uncertainty is still pervasive, creating complexity for families seeking to make educational decisions, like choosing a college. Recently, Warren Buffet’s long time Berkshire Hathaway collaborator, Charlie Munger, who also earned his wisdom being alive for the last 96 years, offered this pith…
SAT Adversity Scores
The Wall Street Journal recently unveiled of what’s being called, “SAT Adversity Score”, which is an attempt to address the question of fairness in college admissions, as well as the “nature vs. nurture” debate about what most influences a human to develop their full human potential. In their own executive summary, The College Board reasons the development of an “Adversity…
Where is the “Middle” in Middle Class?
Middle class families can sometimes feel like this: Cartoon credit: Americans for Limited Government, 2015 Especially when considering the annually increasing tuition, and other costs for a college education:
The Modern “Starving” Student
College alumni often joke about days as a “deprived” undergrad, only eating instant noodles—fast, filling meals on a limited budget—like a badge of honor. Growing numbers of today’s college students, however, embody the literal meaning of “starving” college student. According to the Wall Street Journal: In 2010, the UC [University of California] system added a food-security question to its biannual student…
More on U.S. Employment
Presented for those of you wondering why new college grads are having a difficult time finding employment: The employment rate has been improving lately, but not nearly as much as the unemployment rate http://t.co/X52OksfI0v pic.twitter.com/Pjx8mS9AMV — Real Time Economics (@WSJecon) February 7, 2014
The State of the Recent College Graduate
Just in the last month, more recently graduated or soon-to-be-graduated college students have re-connected with Creative Marbles for post-college advising. Degrees (almost) in hand, “Now what?” is the question, as these grads move back home with mom and dad. The current sentiment as published in today’s Wall Street Journal gives insight into the world our college grads are inheriting: