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Tag Archives: Tuition

  • Blog
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    The Burrito Index: Consumer Prices Have Soared 160% Since 2001

    Calculating the real inflation rate
    by charleshughsmith

    Friday, July 29, 2016, 7:31 PM

    33

    In our household, we measure inflation with the "Burrito Index": How much has the cost of a regular burrito at our favorite taco truck gone up?

    Since we keep detailed records of expenses (a necessity if you’re a self-employed free-lance writer), I can track the real-world inflation of the Burrito Index with great accuracy: the cost of a regular burrito from our local taco truck has gone up from $2.50 in 2001 to $5 in 2010 to $6.50 in 2016.

    That’s a $160% increase since 2001; 15 years in which the official inflation rate reports that what $1 bought in 2001 can supposedly be bought with $1.35 today.

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  • Podcast

    Charles Hugh Smith: The Nearly Free University

    Our broken education model is ripe for creative disruption
    by Adam Taggart

    Saturday, September 14, 2013, 4:15 PM

    30

    The cost of higher education has skyrocketed in recent decades. The average cost of tuition is up over 1,000% since the 1980s, far outstripping price inflation and most other goods and services.

    Yet despite the accelerated cost, the value of a college degree has been diminishing, both in the terms of quality of education received, as well as future employment prospects.

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  • Daily Digest
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    Daily Digest 3/27 – Cyprus Banks Stay Shut Until Thursday, Spain Bank Offers Grim Forecast

    by saxplayer00o1

    Wednesday, March 27, 2013, 2:55 PM

    12
    • Cyprus bail-out: savers will be raided to save euro in future crises, says eurozone chief
    • Spain's central bank offers grim economic forecast
    • Mr Yen cautions on Japan's 'unsafe' debt trajectory
    • House To Propose College Tuition Increase
    • California State Treasurer emphasizes shrinking retirement savings
    • Portugal to contract 2.3% in 2013: central bank
    • Bernanke rejects competitive devaluation worries
    • Cyprus bailout: Banks to stay shut until Thursday
    • Recession keeps Italy's banks at risk: IMF

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  • Blog
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    Let’s Stop Fooling Ourselves: Americans Can’t Afford the Future

    Unemployment, taxes & unfunded retirements are squeezing us
    by Adam Taggart

    Tuesday, March 12, 2013, 3:24 PM

    61

    The truth is: The three adult generations in the U.S. are suffering, and their burdens are likely to increase with time. Each is experiencing a squeeze that is making it harder to create value, save capital, and pursue happiness than at any point since WWII. At that point, we were a creditor nation with an economy exploding into dominance on the world stage. Now, however, the U.S. is the largest debtor nation and our economic hegemony is increasingly at seige across a number of fronts.

    A continuation of the status quo is a decision to sleepwalk face-first into the constraints hurtling towards us.

    Instead, shouldn't we stop fooling ourselves and ask: What should we be doing differently?

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  • Daily Digest
    Image by stevendepolo, Flickr Creative Commons

    Daily Digest 3/7 – Beware The Dow Jones High, Maine Town Declares Food Sovereignty

    by DailyDigest

    Thursday, March 7, 2013, 3:46 PM

    7
    • Switzerland Clamps Down Hard on Obscene CEO Pay
    • Iran reportedly uses snipers to tackle Tehran's rat problem
    • SEC shares expertise with FBI on algorithmic trading
    • Billionaires Dumping Stocks, Economist Knows Why
    • John Williams Exposes Government Lies
    • Scary New Satellite Pictures Of China's Ghost Cities 
    • No down payment? No problem
    • Haunting images at the heart of Detroit’s financial emergency
    • Saving Detroit City Council from Itself
    • Housing fuels record $7.33-billion bank profits
    • ‘We are angry’: Quebec students return to streets for nighttime protest against tuition increases, 50 arrested
    • How Tiny Cameras Have Become Big Business
    • Junior miners in survival mode, bracing for industry-wide culling
    • Fiat Monetary Theory: The Gamblers
    • Beware The Dow Jones Nominal Record High
    • 30 Facts About The Coming Water Crisis That Will Change The Lives Of Every Person On The Planet
    • Maine Town Declares Food Sovereignty
    • The children going hungry in America
    • CDC sounds alarm on deadly, untreatable superbugs
    • Fending off the ‘nightmare bacteria’

    Read More »