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Educational Inflation Nation | With College Tuitions Skyrocketing, Is A Degree Really Worth The Investment

Posted by Jim on Jul 6th, 2012 · 0 Comment

student debt,student loan,make college affordable

In the US we place great value in the acquisition of a college degree, but are the collage tuitions really worth the investment? A Cato institute found that, adjusted for inflation, college spending has increased 140 percent between 1970 and 2007. This doesn’t seem to be paying dividends, because according to the National Assessment of Educational Progress Tests, reading and math scores...
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Here are some simple guidelines that will help you build wealth:

1) Do the math. Get a budget and calculate your net worth

2) Get an emergency fund. Save at least 6 months worth of expenses

3) Limit costs. Spend no more than 30% of your income on housing

4) Max your retirement. Maximize contributions to your tax-deferred retirement accounts

5) Pay yourself first. Set aside money for yourself before you take care of your other bills

6) Set goals. Goal let you get ahead faster

7) Avoid high interest debt. Avoid credit cards, title loans and other usurious loans

8) Diversify. Diversity your assets.

Educational Inflation Nation | With College Tuitions Skyrocketing, Is A Degree Really Worth The Investment

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Critical Financials’ Basic Personal Finance Rules

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