American Students More Burdened by Debt Than Ever Before
College education is expensive, whether you’re going for your bachelor’s degree or your master’s degree. And these days, American students are more burdened by student loan debt than ever before. While there are more affordable options, such as online schools that offer a wide array of programs, from an online MBA to an online homeland security program, taking out loans to pay for higher education has put young adults in debt before they even have a chance to start working. A Look at Some Numbers. To really understand just how burdened American students are with debt, you need to look at....
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Students are now turning to crypto to plug the financial gap that comes with schooling. It is no surprise that the cost of schooling has gone up tremendously over the years. Now more than ever, students are graduating with tens of thousands of dollars in student debt. But even the massive loans students have to […]
Bitcoin enthusiasts have often portrayed the digital currency as the one with special powers that will heal our global financial system. Our financial ecosystem is burdened with huge debt with the world's largest economy China having a debt to GDP ratio of more than 250%. Nations such as Greece are on the brink of Grexit as they fail to service their national debt. The Bitcoin community asserts that Bitcoin could prove to be potentially reformative in this domain. However, this might not be all true since Bitcoin does not completely eliminate the debt from the system. Sorry to break it to....
American politicians have been clamoring about the U.S. facing a significant debt crisis and the debt ceiling putting the country at risk of default. Joe Biden spoke about the debt ceiling and told Republicans to “just get out of the way” when it comes to the decision. Meanwhile, a number of U.S. bureaucrats are floating the idea of minting a $1 trillion platinum coin in order to magically bolster the treasury with cash. Trillion-Dollar Coin Concept Strongly Considered by US Politicians, Former US Mint Director Says Platinum Coin Can Be Minted in Mere Hours Simply creating....
Question: How do you introduce people to something new and make sure they use it in the future? Answer: Catch them young and give them a reason to use it. Guess who got it right, Coinbase. The leading North American bitcoin wallet company with its base in San Francisco, California did it last year by introducing its wallet to students. Coinbase gave away free bitcoin to over 20,000 college students. All the students got $10 worth of bitcoin in their Coinbase wallet after they signed up on Coinbase platform. In order to avail the offer, students were required to sign up using their .edu....
EduCoin hopes to shake up an imperfect education system with the help of novel digital transactions. Our education system needs an update. This is no secret. Students can no longer pay college tuition with summer jobs, like students did 40 years ago. When college students graduate they face mountains of debt and a grimmer-than-usual job market. EduCoin poses an enigmatic challenge to the dreary status quo. While many education reformers aim to help students with fat reform packages, charities for poorer students, and awareness programs, EduCoin aims to cut directly to the heart of....