Vocational Training Can Beat the Old College Try

I read several things this week that raised my blood pressure again about the student loan debt scam that so many colleges are running on many students. 

First, I read an column by John Stossel (of 20/20 fame) published at the Town Hall called the “College Scam.”  Stossel’s piece contains information that reinforces my belief that too many people go to college to begin with.  For them, going after the B.S. degree is not a good educational or money strategy.   Indeed, Stossel quotes one educational consultant who says the B.S. degree is “America’s most overrated product.”  Read more

MBA Degree Stampede 2008: A Questionable Financial Strategy

Will all the colleges who have not yet started an MBA program please raise their hands?

Will all unemployed or underemployed college grads who are not considering getting an MBA degree please raise your hands?

Mr. ToughMoneyLove is not seeing a lot of hands yet.  But, I have another question that might work. Read more