This blog has written several pieces about college debt and the financial wreck of American colleges and universities. Now another financial analyst has come out with worse news. Continue reading →
GOP is losing Millennial voters and nothing they can do about it. Continue reading →
With college students sinking in college debt each year one thing that no one is talking about
Continue reading →
Robert Wenzel over at EconomicPolicyJournal.com posted two impressive charts which defy the reality of economics and shows the coming student loan debt bubble will be a hard crash when it happens. Biggest reason student debt is skyrocketing is because most student loans are financed by the federal government. Unfortunately the only ideas being floated is more government intervention.
I took a look at some Walmart store expansion numbers to see where the company is expanding. This is current data from February 2015.
First lets go overseas where they are ramping up in South Africa
The current U.S. data is where I found the college campus expansion numbers.
Here is more about the recent growth on college campuses via INSIDE Higher Ed –
In January 2011, Walmart opened its first location on a university campus at the University of Arkansas at Fayetteville, a half-hour drive from its corporate headquarters. Now, Walmart has announced that it will be opening a second campus location, at Arizona State University, with luck by May, according to Delia Garcia, a Walmart spokeswoman. A third location, at Georgia Tech, is slated to open at a to-be-determined time next year. “Walmart on campus is an opportunity to bring low prices to students, reach new customers and serve our on-campus customers in a convenient way,” Garcia said in an interview.
Recent data compiled is showing college textbooks are rising at a double digit rate. The National Association of College Stores has price comparisons on new textbooks college students buy.
Average Price of New Books
Price increase of 22%
Here are some other stats concerning college students and textbooks
Average student spending for a semester of course materials
Average college bookstore profit margin for a new book
Percent of students who buy their books at their college bookstore
Percent of students who say they have skipped buying a textbook because it was too expensive
Univeristy of Notre Dame is raising their tuition again. Get ready to pay according to the Indianapolis Star:
The University of Notre Dame is raising undergraduate tuition by 3.7 percent to $47,929 next school year.
The university says with average room and board rates of $13,846, the annual cost of attending Notre Dame will be $61,775.
The school said the 3.7 percentage increase in tuition and fees is the lowest at Notre Dame since there was no increase in 1960. Tuition had increased 3.8 percent for three straight years.
For the “there is no inflation” crowd, in just the last four years tuition has now increased 15.1%.