For years, I wanted to write a book on personal finance and financial literacy. I finally found the time and wrote my take on what people need to understand in order to be effective with money. I have gone back and forth about whether to publish the manuscript through traditional means, self publish, etc. I … Continue reading Free guide to personal finance
One of the most commonly-cited statistics about college is that the average graduate from a four-year college will earn a million dollars more over their lifetime than a high-school graduate. Most recently, this statistic has been propagated in a study at Georgetown, but this talking point has been around for much longer. Will a college … Continue reading Misleading statistics on the economic value of college
With the rapid increases in costs of higher education, there has been a related effort to calculate whether college is worth the cost. One well-known site, built by Payscale.com, has created a database of 20-year earnings for graduates of a vast array of U.S. colleges and universities and compared these to costs. From these data, … Continue reading Are college return-on-investment calculations meaningful?