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Posts Tagged ‘Economy’

College Costs In Current Economy

Wednesday, November 19th, 2008

In case you haven’t heard, the economy is in a bit of a “downward spiral.” Banks have collapsed, stocks are falling faster than Jack OR Jill, and mortgages are about as valuable as last year’s iBook. If you are listening to the news, you might be thinking that we are headed for the next Great Depression. Start standing in line NOW folks, because bread is going to be the hottest ticket in town.

I’m thinking, it’s a pretty good time to be in college.

When I was in High School, I watched every single Sex-in-the-City religiously. It looked like soon my life would be filled with high-heeled pumps and hip nightclubs. Turns out it was a pretty inaccurate college guide.

Instead, my independent urban student (and post-student) life is filled with Payless BOGO and Pabst Blue Ribbon. And you know what? I like it better that way. In spite of college loans, life is great when you are single, 21, and live with 4 other roommates in a 2 bedroom apartment. We just bought a Foreman Grill. It’s pretty pimp.

So long as I can pay my rent, I consider myself well-off. Sure the job market is a little tight, but at least I don’t have an actual career to be laid-off from. If your idea of a job is working at Starbucks or the Gap, than chances are, you’re going to be okay. Hey, even ex-exec’s can’t kick their caffeine habit.

For ye who sleep on futons and eat Ramen sandwiches, rejoice!

Now is a great time to have absolutely no money saved! I thank the day I was never able to accumulate enough capital to invest in the stock market.

Like Chit Chat with Brit said in “Bail Out, Schmail Out”, quit whining college students. Be thankful we have four years to get out of this mess. And last time I checked, Ramen noodle prices are not rising.

So boohoo, the Dow is falling, the Dow is falling. Shut-up Chicken Little, I’m busy drinking my PBR.

Government Bailout Blog

Friday, October 31st, 2008

Maybe now is not such a bad time to be a student. Maybe your parents are supporting you, or maybe you just don’t have enough money saved to lose in the quickly plummeting stock market.  If you are an entering freshman, you have four years ahead of you that can provide a relative shelter from the crumbling economy. Who knows, by the time you graduate, the recession may even be over (you hope).

Despite all these “maybes,” it seems that today’s students are definitely concerned with economy, and rightly so. For those with money saved, over 50% have lost some money due to the recent economic collapse. Others have had to take on a second part-time job, drop courses, or move back in with their parents. With all this economic upset, it is no wonder that most students surveyed said that the economy was a major factor in their voting decision. However, it remains to be seen whether either candidate can turn the economy around. Students were overwhelming against the government bailout.

Many expressed a laissez-fair attitude to the economy and told the government to just butt-out. Read the results of our survey on the Economic Crisis and the student vote to see if the results line up with your views.

Kudos to all of you who filled out this groundbreaking survey, but don’t let your voice end here. Go out on November 4th and VOTE!

Economy Survey

Thursday, October 23rd, 2008

The economic crisis has been on everyone’s mind these days, and both candidates are trying to win you over with their remedies for the current money meltdown.

What are your thoughts on the economy? Do you favor Obama’s economic plan, or is McCain’s economic plan the way to go? Will either of them help lower student loan interest rates? Voice your opinion in CampusCompare’s survey.