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ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

By Ivan G. Goldman The welterweight showdown between Manny Pacquiao and Floyd Mayweather was like a property on Park Avenue that the owners held on to for

It is a bailout of the students. i would make the case, look, if you really want to deal with the crisis and the cost of college -- by the way, gretchen, i have two sons in college right now. it is just killing me financially, as it is most american families. in some cases $40,000, $50,000, $60,000 a year. what the evidence is very clear on is that every time we make these student loans more generous when we increase the amount of loans that people can take out to pay for universities, you know what the schools do, gretchen -- they just raise their tuition rates. >> it is outrageous for parent...

Relatively thin crust of american society that, like, wants to direct films and is mad that they can't. >> right. right now we have student debt topped over $1 trillion. we've never engaged in a social experiment like this before. people at the beginning of their professional lives are saddled with six figures of debt and then being asked to enter their working lives by working for free. those two things don't match up unless you're basically institutionalizing a structure, a privileged class who will do that and everyone else gets left out in the cold. and we have double-digit unemployment fo...