Higher Education and Higher Bills

Being An Only Elgon

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This is a subject that my kids are dealing with directly, the high cost of higher education and the loans they have accumulated in pursuit of their educations. Unfortunately their parents weren’t well healed. We couldn’t to pay their ways through college or even supplement their scholarships and student loans. They were fortunate enough to earn for scholarships, though, which helped them along the way but, the two oldest amassed a lot of debt pursuing advanced degrees.

The reason higher education is high priced is simple supply and demand. It always has been. If everyone could afford a Master’s degree the value of a Master’s degree would diminish in the economy. The more people who have a certain degree the less valuable it is in distinguishing an individual in a job search and the less an employer is willing to pay for the skill set accorded to that degree –…

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