The Canary In The Coal Mine

| October 17, 2012

This is the Canary in the coal mine for colleges……trade schools get hit first, then private universities, and then state colleges and universities.  The big growth cycle is over for education.  The student population is buried in record amounts of student loans and debt, and this will take a long time to work off.  A […]

Consumer Credit Explodes $17.8 Billion While Student Loan Debt Sprints To All Time New Highs

| March 7, 2012

They got to be kidding….nope, consumer credit rose $17.8 billion in the latest monthly data, on expectations of $10.5 while non-revolving credit, i.e., auto and mostly student debt rose $20.723 billion and had the highest sequential jump in this category ever!  Yes EVER! At the same time…after tax incomes fell for the second time in three months after adjustments, according […]

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