One subject that I’ve wondered about for a long time is the rapid rate at which college tuition is increasing. I myself just recently graduated from college with tens of thousands of dollars in debt. My mother attended the same school I did several decades ago, and her mother was able to pay for the [...]
Back in college, I once discovered the BlueHippo company. They’re a firm that sells laptops to poor people with the enticing prospect of no-credit-check financing. But under the hood, they’re an incredibly sleazy, predatory company that makes their money based on their target market’s financial ignorance. Take, for example, the following ad from back in [...]
I found a graphic from the New York times that perfectly displays not only the root of the current economic problem, but also inadvertently shows why Geithner’s new plan to fund private investment of securitized bank assets won’t work to fix it. Here’s the graphic: (click to see a larger version) There’s a particular quote [...]
At orientation this year, the campus bookstore handed out these glossy, full-color brochures full of “information” extolling the value of, you guessed it, the campus bookstore. A particular graph on one of the pages caught my eye, however: This graphic was part of a page that was futilely attempting to explain why textbooks are so [...]