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Does Everyone Know How Much $2.2 Trillion Is Over the Next Decade?Dean Baker / July 28, 2011
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The Nonsense Battle Over the Debt CeilingDean Baker
Al Jazeera English, July 27, 2011
Dean Baker / July 27, 2011
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Heritage Fails to Check Source, Blows Another CallDavid Rosnick / July 27, 2011
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President Obama Doesn't Understand the Origins of the DeficitDean Baker
The Huffington Post, July 27, 2011
Dean Baker / July 27, 2011
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Mulligan’s Tale for Older Workers Is Easily Explained by Shifts in Relative DemandDean Baker / July 27, 2011
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Inside the Haiti Reconstruction Fund Annual ReportCEPR / July 26, 2011
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The NY Times is Depressed Social Security Benefits Might Not Be Cut?CEPR / July 26, 2011
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Case-Shiller Index Shows Housing Price Increases for Second MonthDean Baker / July 26, 2011
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Annualized Percentage Change in Owners' Equivalent Rent, Jan. 2001-June 2011CEPR / July 26, 2011
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Case-Shiller Index Rises for the Second Consecutive Month in MayDean Baker / July 26, 2011
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CollegeCatherine Rampell had a post last week declaring that “College is (Still) Worth It“. The piece is the latest in a series that she and her Economix blog colleague, David Leonhardt, have written on the financial benefits of college.
I agree with Rampell and Leonhardt that college is, on average, a good investment for the people who make it. But, Rampell and Leonhardt’s posts completely sidestep the key issue: why is it that when confronted with compelling evidence that college pays a big financial dividend, so many young people still don’t get a college degree?
Heather Boushey and I argue that the short answer is that for a surprising share of college graduates, the large price tag may actually not pay off.
Rampell’s latest installment includes this nice graph of weekly earnings by worker characteristics, including educational attainment on the right-hand side:
CEPR and / July 26, 2011