Headlines You Might See During An Economic Recovery

<a href="http://www.professorhollybell.com/wp-content/uploads/2012/03/newspapers.jpg"><img class="alignright size-medium wp-image-1231" title="newspapers" src="http://www.professorhollybell.com/wp-content/uploads/2012/03/newspapers-300x225.jpg" alt="recovery"width="300" height="225" /></a>By Holly A. Bell The newspaper headlines seem to be a mix of positive and negative economic indicators lately. On the positive side we’re hearing new jobless claims and unemployment are down, corporate profits are up, and the stock market is at its highest level in years. However, the negative does seem to prevail this week. Headlines have included housing sales losing ground while mortgage interest rates increase, FedEx has warned they are lowering their financial expectations for the near-term due to predictions of slower economic growth, and others have even started to mention stagflation. A <a rel="nofollow" href="http://online.wsj.com/article/SB10001424052702304636404577295421787354492.html?grcc=16da3bc60ef29c4da36bdfbea438d434Z10&mod=WSJ_hps_sections_lifestyle"><em>Wall Street Journal </em>article</a> this week outlined some “silly” economic indicators of improved economic conditions. They include more people going to sit-down restaurants, increased demand for liposuction, and more visits to dry cleaners. While I (and the author of the article I might add) think

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Advanced Degrees, Low Pay

<a href="http://www.professorhollybell.com/wp-content/uploads/2012/01/57563vofxrmt3zj.jpg"><img class="alignleft size-medium wp-image-206" title="57563vofxrmt3zj" src="http://www.professorhollybell.com/wp-content/uploads/2012/01/57563vofxrmt3zj-199x300.jpg" alt="degrees"width="199" height="300" /></a>By Holly A. Bell Some economists are expecting student loan debt to be the next big economic bubble as an increasing number of people seek <b>degrees</b>. Enrollment at colleges and universities tends to rise substantially during difficult economic times as the opportunity costs of education decrease. This recession has been no exception. The opportunity costs I am referring to are the wages individuals would have earned by working rather than by going to school. As many people are unable to find jobs, the opportunity cost of work is essentially zero as there is nothing to give up. While opportunity costs are low, there are some real costs associated with attending school. The big cost, of course, is tuition. I read a short article this morning about<a rel="nofollow" href="http://lifeinc.today.msnbc.msn.com/_news/2012/01/04/9949537-loving-the-job-but-hating-the-student-loan-debt" target="_blank"> jobs that require advanced <i>degrees</i></a>, but don’t pay particularly well. The examples the author

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