LOL You think America is bad and Asia is better? Except maybe Japan and Singapore, Asia is way worse. Move there and see for yourselves.
And not only that many of the "not-for-profit universities/colleges" are downright fraud that do not teach students anything useful and from which the degrees/certificates issued are totally useless in finding a job in workplace and yet they laden students with hundreds' of thousands of dollars of student loans expecting them to pay back. It's those "schools" that need to be prosecuted and the founders be sent to jail.
Build your own bunker and stack up as much gold as you can lol.... Well, you can treat it as a joke, but my spouse keeps asking me to buy some gold and store it somewhere.
Having been travelling to many asia countries in my whole life, there is no way that I'll move and live in asia permanently. I don't know how other expats can do it here, but for me I'm ready to go back home after staying here for 10 months.
None of this would be possible if students couldn't afford to pay such stupid expenses. Student loans enable tuition inflation. I suggest to my kids all the time to learn some physical business. But when their mom and dad are both nerds it's likely they will follow in our footsteps.
Educational textbooks are always more expensive, at least here in the US. I’ve bought some of the Principles books (last one I remember is Debt Cycles) for no more than $25 on Amazon. However, some professors write THEIR own textbooks for the class. You can’t find PDF versions or even cheap versions of it. You can only buy through the school. A former professor used to be an economic researcher for the NY Fed Reserve during the financial crisis... she did research on credit scores through specific quartiles to see which range of credit score was likely to default on mortgage payments. We had to buy the research. Not from her, but through the school. I don’t know if she got a cut, but it’s weird in my opinion. Most expensive textbook I remember seeing the price/bill for was an applied Monetary Theory and Policy book which was somewhere around $325 and the code for homework’s and study guides being $125. I didn’t buy it. I have been talking a big game about prices like this, however, I never really spent much money. Friends and I would always pull money for 1 book and share, but the codes are a different story. They’re not using papyrus, they’re using greed.
Nobert, Long and Strong the S&P 500 index for the next 25 years. That video is all talk and no proof.