Republican Senate Minority Leader Mitch McConnell has condemned President Obama’s $3.77 trillion budget as “just another left-wing wish list.” It raises spending and offsets these increases with additional taxes, such as a proposed 94 cents per pack additional tax on cigarettes. It also proposes additional funding for “basic research.” Continue reading
In a previous blog entry I discussed reasons not to go to law school, namely, the high debt and low employment ratio. It seems that medical students are facing a similar situation, as reported by the Washington Post’s Sarah Kliff. “But there’s also a downside to heading to medical school these days: Students’ odds of getting in a residency program are rapidly shrinking — and medical students have begun to live in fear of this very scary chart,” writes Kliff. The chart contrasts medical residency applications rising steeply, with a gradually increasing line of open 1st year residency positions. Continue reading
A recent study issued by the Harvard Institute of Politics indicates that 9.7% of Millennials are unemployed. “Furthermore, although 62.9% are currently working, 31.2% of t hose Millennials work on a part-time basis,” states the study. “Over a quarter (27.4%) are currently out of the labor force, whether as full-time students or because of disability, incarceration, or full-time parenthood.” Continue reading
As the lack of opportunity in America becomes less of an issue of race and more of perpetual class separation, liberal reporters and academics continue to propose the same recycled, progressive policies which have little hope of solving the marriage problem but will undoubtedly bloat federal and state governments. Continue reading
As recently reported by USA Today, one third of millennials have earned four-year degrees. In my previous blog entry I discussed the financial perils facing these students, who often graduate unable to find a job in their major (unemployed or underemployed) and saddled heavily with debt.
However, it looks like the job market for those with Bachelor’s degrees is creeping upward somewhat, according to a new report issued by Michigan State University. Continue reading