Freeman

IN BRIEF

Burden of College Loans on Graduates Grows

APRIL 12, 2011

“Student loan debt outpaced credit card debt for the first time last year and is likely to top a trillion dollars this year as more students go to college and a growing share borrow money to do so.” (New York Times)

Government used to be convinced it was always a good idea to buy a house, too.

FEE Timely Classic

Education: Investment Versus Spending” by Sandy Ikeda

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December 2014

Unfortunately, educating people about phenomena that are counterintuitive, not-so-easy to remember, and suggest our individual lack of human control (for starters) can seem like an uphill battle in the war of ideas. So we sally forth into a kind of wilderness, an economic fairyland. We are myth busters in a world where people crave myths more than reality. Why do they so readily embrace untruth? Primarily because the immediate costs of doing so are so low and the psychic benefits are so high.
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